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Ripple Quick Start Guide

You're reading from Ripple Quick Start Guide

Product type Book

Published in Dec 2018

Publisher Packt

ISBN-13 9781789532197

Pages 160 pages

Edition 1st Edition

Languages

Concepts

Author (1):

Febin John James

Table of Contents (7) Chapters

Preface

1. Getting Started with Ripple

2. Working with Ripple Currency XRP

3. Applications of Ripple

4. Getting Started with the Ripple API

5. Developing Applications Using the Ripple API

6. Other Books You May Enjoy

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Activating the Ripple account

The Ripple wallet you just set up is not ready to make transactions yet. To avoid spam, Ripple has made it necessary for all wallets to be funded with a fixed amount. Presently, this amount is 20 XRP. Hence, to activate your wallet, you need to send 20 XRP to your newly created Ripple account. Once your wallet has been funded with 20 XRP, it will be automatically activated.

There are multiple ways to buy XRP. For one, you can buy it from crypto exchanges such as Binance, CEX, and Bitfinex. However, most of these centralized exchanges require you to do KYC(Know Your Customer) verifications. Changelly (https://changelly.com/) allows you to buy XRP without verification, and their exchange process is seamless. Navigate to www.changelly.com and create an account there. Then, go back to the home screen.

If you have any other crypto assets such as Bitcoin...

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Authors (1)

Febin John James

Febin John James is presently working on building autonomous lending and borrowing protocol on the Ethereum blockchain. He also works as a tech and marketing consultant to ICOs and blockchain-based start-ups. He has years of experience in building and scaling tech architectures from scratch. His blockchain stories on Medium have gained a lot of popularity and have been translated into multiple languages. He writes for well-known publications such as Hacker Noon and freeCodeCamp. He is also the author of the book, Cloud is a Piece of Cake. Previously, he worked as the CTO of Boutline, a sports start-up. He has also bagged devices, cash prizes, and recognition from companies such as Intel, Blackberry, and Microsoft.

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