NewsFlash! How to receive Ripple…

By | January 2, 2018
Receiving Ripple - XRP
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The symbol for Ripple is XRP, just like the symbol for Bitcoin is BTC.

To receive XRP to an address, whether a wallet (in most cases) or to an exchange, there is a protocol that must be followed. For example, say you’ve bought XRP from someone or from some place, and you want to send it to your compatible online wallet.

Ripple has, unlike most other cryptocurrencies, a ‘destination tag’ that needs to be used when you want the Ripple to show up in the account where you are sending it. Your destination tag is like your name and address. It identifies you as the one to whom the incoming Ripple belongs.

Destination Address for Ripple

This is a current situation, because Ripple is fairly new, and most exchanges have a single destination address for Ripple, and the ‘destination tag’ is the thing that identifies you as the recipient. If you send it to your individual cryptowallet, the destination tag might not matter. But it might. Without that tag, it might float around in cyberspace forever. I don’t know, because my Ripple, for my own reasons, is in a fairly secure online wallet.

The Trezor hardware wallet may eventually accept Ripple, and the Ledger already does so.

Don’t send your RIpple into Space.

So if you ignore the destination tag, you are simply sending your Ripple to an exchange account or platform, where it will top-up their own Ripple. They have no way of knowing where or who that Ripple came from, in the same way that if you have publicised your Bitcoin receiving address, say on your website, and you suddenly notice more bitcoin appearing in your BTC wallet, you don’t know who sent that donation.  For example, one of my BTC receiving addresses is

Occasionally I receive donations of Bitcoin or other cryptocurrencies from people grateful for some information I have provided that has either saved them from wasting money, or actually allowed them to make money. With Bitcoin, the receiving address is completely individual, so there is no need for a destination tag. The address alone is the individual identifier.

Format Ripple Addresses Properly.

If you are using an XRP wallet you will need to use the special format you get on the send page, from wherever you are sending it, and double-check that this is compatible with the wallet or exchange/platform receiving address. The address you are provided with to send it to will look something like this: rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv dt=55343089.

However, there may or may not be separate fields for the address and the destination tag. If there is a separate field, separate them both and only include the numbers at the end of the string in the destination tag field – in this case. “55343089”.

This is the case with BitStamp, one of the most reliable exchanges that I have found for alt coins. Although it may be affected by new regulations, so be careful…


Their information on the receiving address looks like this:

In case you don’t see the image at the top, that says, “Send your funds to this address:

Destination tag:
55343089 ”

This example is from the BitStamp exchange. Others may have a slightly different format.

Complex or Not?

So it is both simple, and if you don’t find a place for the destination tag address, complicated. In that case, make a wallet elsewhere. The point is don’t do ANY crypto transaction unless you have double-checked your send and receive addresses and double-checked the compatibility of where you are sending it with your designated address. If you don’t take these precautions you could just completely lose your crypto. It would be like giving money to a random stranger you met in the street and saying, in a different language to the stranger, “Ehmm, make sure this gets into my bank account!” and walking on.

Disclaimer: Whilst Ripple looks to have a lot of potential, and you can get it currently for such a low cost that it is almost free, (Update early Jan 2008 – Ripple is rising fast in cost) I am not recommending that you deal in Ripple. It has to be your own choice. What I recommend is that you do due diligence. Look that up if you do not understand what it means!