Cryptocurrency Q&A
How much does XRP burn per transaction?
How much does XRP burn per transaction?
Chloe_jackson_athlete
Mon Dec 09 2024
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7 answers
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I'm curious about the amount of XRP that gets burned or destroyed during each transaction. I want to know how the Ripple network handles fees and if there's any cost associated with each transfer in terms of burned coins.
7 answers
Elena
Wed Dec 11 2024
Transactions on the network involve a base fee of 0.00001 XRP.
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Chiara
Tue Dec 10 2024
This information was shared by Crypto Eri.
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GinsengBoostPower
Tue Dec 10 2024
This fee is equivalent to 10 drops of XRP.
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CryptoVisionary
Tue Dec 10 2024
Crypto Eri is a prominent market enthusiast and analyst.
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JessicaMiller
Tue Dec 10 2024
They provided the update on the X platform.
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