Can you transfer XRP to someone else?

When transferring XRP to an external wallet address, the sender is only required to furnish the wallet address of the recipient. This process is straightforward and necessitates minimal information. It eliminates the need for complex verification steps or additional details, making it a convenient method for sending XRP.

BTCC's wallet service provides a secure and convenient way for users to store their cryptocurrencies. With features such as multi-signature security and two-factor authentication, users can rest assured that their funds are protected against unauthorized access. The wallet also supports a variety of cryptocurrencies, including XRP, making it a versatile option for storing digital assets.

However, when transferring XRP to a wallet address hosted on an exchange, the sender must provide more information. Along with the recipient's wallet address, the sender also needs to specify the destination tag. This additional detail is crucial for ensuring that the funds are credited to the correct account on the exchange.

The destination tag serves as a unique identifier that helps exchanges differentiate between various accounts held by their users. Since exchanges often use a single main deposit address for all XRP deposits, the destination tag is necessary to route the funds to the intended recipient's account.

BTCC, a prominent cryptocurrency exchange, offers a range of services tailored to meet the needs of its users. Among its offerings are spot trading, futures trading, and wallet services. The spot market allows users to buy and sell cryptocurrencies at current market prices, while the futures market enables them to speculate on future price movements.