What is a destination tag in XRP?

A destination tag is extra information included in an XRP transaction that helps the receiver to identify which user to credit a transaction to, much like a bank reference number. Certain wallets, such as Poloniex and Gatehub, do not require you to have a destination tag when sending to their wallet.

How to find XRP tag on Ledger?

If you want to find your XRP tag on Ledger, the first thing you need to do is open up the Ledger Live application on your computer. Once you have the application open, click on the “Settings” tab in the upper-right corner. In the settings menu, find the “Advanced” tab and click on it. This will bring up a new menu with a bunch of different options.

What is Ripple (XRP)?

Ripple (XRP) is the native token of XRP Ledger, an open-source, permissionless, and decentralised technology developer used to create sustainable solutions in the tech ecosystem. The XRP Ledger has been applied in various use cases across the payment sector due to its speed, transaction cost, and ease of scalability.

Is XRP a good investment?

XRP shows excellent potential as a significant investment with enormous gains as the technology has been used to create payment solutions, tokenization, decentralised finance (DeFi), stablecoins, and CBDCs. Are you tired of missing out on life-changing investment opportunities?