How to send XRP from your Exodus wallet?

Sending XRP from Your Exodus Wallet: A Step-by-Step Guide

Exodus is a user-friendly cryptocurrency wallet that supports multiple digital assets, including XRP. Transferring XRP requires attention to detail, especially because of the unique requirements associated with the Ripple network.

1. Prepare Before Sending XRP

1. Ensure your Exodus wallet is updated to the latest version to avoid compatibility issues during transactions.
2. Verify that you have sufficient XRP in your wallet to cover both the amount you wish to send and the required network fee.
3. Confirm the destination address accepts XRP and supports the necessary tag or destination tag if required.
4. Double-check whether the receiving platform or wallet mandates a destination tag; omitting it may result in lost funds.
5. Back up your Exodus wallet recovery phrase in a secure offline location before initiating any transaction.

2. Initiate the XRP Transfer Process

1. Open the Exodus application on your desktop or mobile device and unlock your wallet using your password.
2. Navigate to the portfolio dashboard and locate XRP in your asset list, then click on “Send” next to the XRP balance.
3. Enter the recipient’s XRP address in the designated field. This must be a valid XRP (Ripple) address starting with the letter 'r'.
4. If prompted, input the destination tag—this is often required by exchanges like Binance or Kraken to credit your account correctly.
5. Specify the amount of XRP you want to send, making sure it does not exceed your available balance after deducting the network fee.

3. Review and Confirm the Transaction

1. Examine all details carefully: the recipient address, destination tag (if applicable), and the exact amount of XRP being sent.
2. Never send XRP to a non-XRP-compatible address, as recovery is typically impossible.
3. Incorrect destination tags can lead to permanent loss of funds on certain exchange platforms.
4. Once everything is verified, press the “Send” button to broadcast the transaction to the Ripple network.
5. After confirmation, you will see a transaction ID (hash); save this for tracking purposes using an XRP block explorer like Bithomp or XRP Ledger Explorer.

Common Issues When Sending XRP from Exodus

1. One frequent problem is forgetting to include a destination tag when sending to centralized exchanges. Without it, some platforms won’t recognize the deposit.
2. Another issue arises when users copy incomplete or altered addresses, leading to failed transactions or loss of funds.
3. The XRP network enforces a minimum reserve requirement; wallets must retain at least 10 XRP to remain active, which Exodus automatically manages.
4. Transactions may appear delayed due to network congestion, though most XRP transfers settle within seconds under normal conditions.
5. Some third-party services do not support incoming XRP from non-custodial wallets like Exodus without prior registration of the sending address.

Frequently Asked Questions

Why is my XRP transaction stuck?

XRP transactions are usually fast, but delays can occur if the receiving service requires manual verification or if the destination tag was missing or incorrect. Check the transaction status using the TXID on a blockchain explorer to confirm whether it was processed by the XRP Ledger.

Can I cancel an XRP transfer once sent?

No, once an XRP transaction is broadcasted to the XRP Ledger, it cannot be canceled or reversed. Always verify recipient details before confirming the send action.

Do I need a destination tag when sending XRP to another personal wallet?

Most personal wallets don’t require a destination tag. However, if the receiver’s wallet system uses one for internal routing, they should provide it. When in doubt, ask the recipient directly.

How much is the XRP network fee in Exodus?

The network fee for sending XRP through Exodus is minimal—typically around 0.00001 XRP. This fee goes to the XRP Ledger network and is separate from any potential withdrawal fees charged by receiving platforms.