The Ripple Network (XRP Ledger) is a high-speed, energy-efficient blockchain optimized for seamless digital payments. Receiving crypto via the Ripple Network on Coins.ph is streamlined for user convenience, allowing effortless management of digital assets.
Understanding the Ripple Network
Key Features
- Speed: Processes transactions in 3–5 seconds
- Low Cost: Average fee of $0.0002 per transaction
- Scalability: Handles 1,500+ transactions per second
👉 Explore Ripple Network’s advantages
Step-by-Step Guide to Receive XRP on Coins.ph
Via Mobile App
- Launch the Coins.ph app.
- Navigate to Portfolio → Deposit.
- Select Receive Crypto and choose XRP (or supported token).
- Pick the Ripple Network and copy your wallet address/QR code.
Via Website
- Log in to your Coins.ph account.
- Go to Portfolio, locate XRP, and click Deposit.
- Confirm the Ripple Network and retrieve your address.
Critical Reminders
| Consideration | Details |
|--------------|---------|
| Destination Tag | Mandatory for XRP deposits to identify recipient accounts |
| Network Check | Always select Ripple Network to avoid irreversible losses |
| Minimum Amount | Varies by token; verify in-app before transferring |
👉 Avoid common deposit mistakes
Pro Tips for Secure Transactions
- Test transfers: Send a small amount first.
- Bookmark addresses: Save verified wallet addresses.
- Monitor tags: Never omit destination tags for XRP.
FAQ Section
❓ Can I recover funds sent without a destination tag?
Possibly, but delays are likely. Contact Coins.ph support immediately with transaction details.
❓ Why choose Ripple over other networks?
Ripple offers faster settlements and lower fees compared to Bitcoin or Ethereum.
❓ Are tokens besides XRP supported?
Yes, but confirm compatibility via Coins.ph’s supported tokens list.