Important: If you do not enter right destination tag then you payment will not be received. Referring to this Coinbase page for more information.Īnd some force you enter destination tag, in that case you will need to get in touch with their support team. In some exchanges for example Coinbase, you can let Ripple destination tag field as it is (I mean do not enter anything) and simply enter your Ledger XRP wallet address and send the payment and it will work. “Your Ledger device does not require a specific tag to receive XRP,” says Ledger official support page. And Ledger official website also mentions the same, I am quoting exact words. So to send Ripple from your exchange to Ledger Nano X, S, or Blue, you will need to talk to your exchange’s customer care agent, he will guide you. Now after reading the above explanation, you know Ledger XRP destination tag does not exist because it is a private wallet. Yes, to send the same from your Ledger wallet you can enter payee’s wallet XRP destination tag. Since hardware wallets are standalone privately controlled wallets therefore, they do not require XRP destination tag (not all hardware wallets some may have destination tags) to receive XRP coin. Therefore, to make the process easy and smooth, concerned business can enable destination tags which will indicate that right person is receiving the payment.
BINANCE XRP WITHDRAWAL TAG LEDGER NANO S MANUAL
In simple words, it simply helps a business credit the payment to right customer’s wallet.Īs XRP Ledger mentions, without destination tag, for a XRP Ledger, it will be very difficult to credit the payments and may require manual interventions and sometimes discussion with the sender to identify the payee. Usually, cryptocurrency exchanges and payment gateways use XRP tags to indicate which customer is supposed to receive the payment.
XRP destination tag helps a network identify the exact beneficiary or destination eligible to receive the payment.
BINANCE XRP WITHDRAWAL TAG LEDGER NANO S HOW TO
You might be thinking, “Then how can I move XRP to my Ledger hardware wallet Ledger Nano S, or Nano X?” Then simply read the following texts to know how to send XRP AKA Ripple to Ledger Nano without Ledger XRP tag.īefore you jump in, you must understand the purpose of destination tag in XRP Ledger. If you are looking for Ledger XRP destination tag because your cryptocurrency exchange is asking you to provide it to send XRP to Ledger Nano hardware wallet then for your knowledge hardware wallets don’t have XRP tags. Ledger hardware wallets support this coin and to send and receive this coin, you don’t need Ledger XRP tag (because it hasn’t). The coin is meant to make payments easy, quick and pocket-friendly.
Many associate it to Ripple but Ripple itself clearly mentions it created it but doesn’t control or own XRP Ledger. XRP is a cryptocurrency based on open-source technology. In my post, how to transfer Ripple to Ledger Nano S, X or Blue, many readers ask me, “What is Ledger XRP destination tag?” So I have decided to write a dedicated post to answer the question because many people face this problem.
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