Cryptocurrency Q&A
Can XRP freeze your account?
Can XRP freeze your account?
Elena
Fri Mar 29 2024
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7 answers
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I've heard some rumors that XRP can freeze your account. Is this true? I'm a bit worried about investing in it now. I've seen some people saying that they've lost their funds because of this. Can you explain what exactly happens and how can I avoid such a situation? Is there any way to protect myself from this kind of risk?
7 answers
Martina
Sun Mar 31 2024
This freezing action does not extend to tokens issued by different entities.
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PearlWhisper
Sun Mar 31 2024
Despite the freezing of a specific token's trust line, users remain unaffected in their ability to utilize the XRP Ledger.
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ZenFlow
Sun Mar 31 2024
The freezing measure is limited to the specified token and cannot be extended to freeze other aspects of a user's account.
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Valentina
Sun Mar 31 2024
The issuer of a token holds the authority to freeze a user's trust line specifically for that token.
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SsangyongSpiritedStrengthCourageBravery
Sun Mar 31 2024
This ensures that users' access to the XRP Ledger remains unhindered, even if they encounter issues with a particular token.
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