Cryptocurrency Q&A
What is the minimum ledger for XRP?
What is the minimum ledger for XRP?
BitcoinBaroness
Sun Apr 27 2025
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5
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I'm trying to understand the minimum ledger required for XRP transactions. I want to know the smallest unit or precision that can be used for XRP in the ledger.
5 answers
IncheonBeautyBloom
Tue Apr 29 2025
The owner reserve is crucial for maintaining the integrity of the XRP ledger. It ensures that addresses are only able to hold a reasonable number of items, which helps to keep the network efficient and scalable.
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Caterina
Tue Apr 29 2025
There are various types of items that can contribute to an address's owner reserve. One such item is a trust line, which allows two parties to establish a direct trust relationship for the transfer of XRP. Each trust line adds 0.2 XRP to the owner reserve of the address that owns it.
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Margherita
Tue Apr 29 2025
Another type of item that can contribute to the owner reserve is an NFT offer. NFTs, or non-fungible tokens, are unique digital assets that can represent a wide range of items, from digital artwork to collectibles. When an address creates an NFT offer, it adds 0.2 XRP to its owner reserve for each offer it makes.
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CryptoAlly
Tue Apr 29 2025
Each address in the XRP ledger has a default minimum reserve of 1 XRP, which is referred to as the 'base' reserve. This is a fundamental requirement that ensures the stability and security of the network.
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JejuSunrise
Tue Apr 29 2025
Alongside the base reserve, there is also an 'owner' reserve that applies to each item owned by an address. The owner reserve is set at 0.2 XRP per item. This additional reserve helps to prevent spam and ensures that addresses are not overburdened with unnecessary items.
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