Rippex Guide for storing Ripple (XRP)

#46
Yeah, it explains it in the hyperlink from my last response. I think they do it as part of the burning process, so the more accounts that are set up, the more the total supply shrinks, thus the more the value would go up over time (aka deflationary). So yeah, I think you can take out everything excluding the base reserve which is 20 XRP (it may not let you take out the user reserve either, I can't remember now). If anything give it a try and see how much you can get out, but as always, with every transaction there is a fee. Best approach to Ripple in my opinion is either 1) buy a large amount, but it somewhere safe like Ledger, Rippex, etc, and don't touch it for years, or 2) use Ripple as a currency to play market swings on the exchanges because, A) Ripple is one of the most stable currencies out there with consistently high volume, and B) you don't have to worry about the account reserve when leaving XRP on an exchange so you can go all in and all out of it.
Cool. Reading through that link now. Thanks!

Yeah, from the get-go, I had set up that Rippex account as a temporary wallet until my Ledger Nano S arrived. Had I known about this, I probably would've left the XRP in Bitstamp.

I transferred everything out minus the 26 (and change) XRP that's left. I also did this on a temporary laptop, so I guess I need to backup the wallet file, install Rippex on my other personal laptop, and then reinitialize using my secret key, right?

Yeah, I'm personally have been approaching this with your suggestion #1.

Thanks again though!
 
Apr 2017
Texas
#47
"I also did this on a temporary laptop, so I guess I need to backup the wallet file, install Rippex on my other personal laptop, and then reinitialize using my secret key, right?"
Thanks again though![/QUOTE]
Yeah with Rippex, or most desktop wallets, you're essentially just accessing the blockchain to view your balance, so it's not like your balance will be lost or destroyed if your computer gets wiped, all you would do is restore the wallet through migration which you can reference here.
 
#48
"I also did this on a temporary laptop, so I guess I need to backup the wallet file, install Rippex on my other personal laptop, and then reinitialize using my secret key, right?"
Thanks again though!
Yeah with Rippex, or most desktop wallets, you're essentially just accessing the blockchain to view your balance, so it's not like your balance will be lost or destroyed if your computer gets wiped, all you would do is restore the wallet through migration which you can reference here.[/QUOTE]

Cheers! I'll give that a go too.

On a side note, anyone ever dealt with Rippex support? I logged a ticket over a week ago, but haven't heard anything from them.
 
Apr 2017
Texas
#49
Yeah with Rippex, or most desktop wallets, you're essentially just accessing the blockchain to view your balance, so it's not like your balance will be lost or destroyed if your computer gets wiped, all you would do is restore the wallet through migration which you can reference here.
Cheers! I'll give that a go too.

On a side note, anyone ever dealt with Rippex support? I logged a ticket over a week ago, but haven't heard anything from them.[/QUOTE]
Haven't dealt with their support yet. But like most crypto entities, support is lacking due to far too many users vs far too few employees. I would usually try to contact the team, of any wallet or exchange, via either twitter, telegram, reddit, direct forum, or a slack channel depending on which one(s) they have.
 
#50
Hi everyone.

Yesterday I wanted to change Ethereum to Ripple through Changelly and send it to my Rippex wallet. But it got stuck on Sending to my wallet task and did not arrived. In any case I have sent an e-mail to support but it will take some time until they reply. Do you know how can I solve this? Thanks in advance!
 

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Apr 2017
Texas
#51
Hi everyone.

Yesterday I wanted to change Ethereum to Ripple through Changelly and send it to my Rippex wallet. But it got stuck on Sending to my wallet task and did not arrived. In any case I have sent an e-mail to support but it will take some time until they reply. Do you know how can I solve this? Thanks in advance!
I haven’t heard good things about Changelly. But as long as you have Hash ID’s you can track it on the blockchain.
 
#52
Hi,

I have followed all of these steps, but when I try to open my wallet from my macbook, it doesn't show the wallet file. I have saved the wallet as 'wallet' under Macintosh HD. I can't select any wallet from my Mac when I try to open it. Also when I do a search in Finder, it doesn't show my wallet as well. When I put my my address in the read only section then I can see that my wallet does exist.

Someone please help me!
I had this same problem! There’s a bug that corrupts the file when you save it to the default location. I don’t know why this hasn’t been fixed, however there is a way to access you XRP. If you have your security code, you are able to create a new account. Simply click “create new account” and then select “create new account with security key.” That should solve your problem. Now save you wallet somewhere else than the default location!
 
Apr 2017
Texas
#54
Hey, i have a problem with my desktop wallet. I can't send ripples to an other ripple acc. The wallet say: This regular-key wallet is invalid. You may browse this account but cannot execute transactions. Someone can help me?
Were you able to sign in to your Rippex wallet? Here’s a link that discusses Regular Keys. Check your settings to see if there is an issue with this. https://rippex.zendesk.com/hc/en-us/articles/209782923-Using-Regular-Keys-Security?mobile_site=true
 
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#58
I have a problem with singing back into my wallet. When I start the program I have to select the wallet file and enter my password. For some reason it wont login. It states: "Login failed: Wallet file or password is wrong." I am 100% sure that I typed my password correct and I selected the right wallet file. I have googled around and many others had this problem: https://www.reddit.com/r/path%3D%252Fr%252FRipple%252Fcomments%252F6j9ocu%252F I hope you know the answer.

Thanks in advance.
 
Apr 2017
Texas
#59
I have a problem with singing back into my wallet. When I start the program I have to select the wallet file and enter my password. For some reason it wont login. It states: "Login failed: Wallet file or password is wrong." I am 100% sure that I typed my password correct and I selected the right wallet file. I have googled around and many others had this problem: https://www.reddit.com/r/path%3D%252Fr%252FRipple%252Fcomments%252F6j9ocu%252F I hope you know the answer.

Thanks in advance.
Always! and I mean Always! record and safely store your private key. Sometimes the wallet file gets lost or corrupted and needs to be recreated, but you will need your private key to restore the account. This can be done here, but requires the private key. The problem at this point is that it's hard to know when you log in if it's an incorrect password or a bad wallet file, but once again, if you had the private key it wouldn't matter.
 
#60
@evo

I was just asking myself about your tutorial where you described how to get XRP from Poloniex to the Rippex wallet.
Is there a special reason why you first send XRP from Poloniex to Gatehub and afterwards from Gatehub to Rippex wallet?
Why not sending XRP directly from Poloniex to my Rippex wallet?
 

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