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Reserve Fee

What is the XRP Reserve Fee?​

Before you start using your XRP address, please be aware of the XRP Reserve fee. Here are some important key points:

  • Purpose: The XRP Reserve fee is a small amount of XRP that must be held in an address to ensure the network's integrity and prevent spam. It acts as a security measure to avoid creating excessive accounts or transactions that could overload the network.

  • Minimum Requirement: Each XRP address must maintain a minimum balance set by the XRP Ledger, which is a fixed amount of 1 XRP. This is called the Base Reserve fee, which is locked on your address and cannot be spent or sent out.

  • Owner Reserve Fee: In addition to the Base Reserve fee, there are also an Owner Reserve fees for specific actions, such as creating new addresses or adding new trust lines. These fees ensure that each transaction or operation requires a small amount of XRP, helping to maintain network efficiency and security.

  • Dynamic Adjustment: The reserve requirements can be adjusted by the consensus of the validators on the XRP Ledger. This flexibility allows the network to adapt to changes in usage and maintain optimal performance and security.

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Learn more about the XRP Reserve Fee.

How to Activate the XRP Address​

Enable your XRP wallet first by tapping on the toggle at the upper right of the main wallet screen, then search for XRP. Next, get your XRP receive address.

Enable XRP Address Before Sending XRP to XRP Wallet

If you have XRP on a centralized exchange or from another XRP wallet, simply send the XRP to your own address. Keep in mind that there will be a 1 XRP Reserve Fee which will be locked and cannot be moved from the wallet.

Before Sending XRP to XRP Wallet After Sending XRP to XRP Wallet

Notice that the 1 XRP will be automatically deducted from the Available balance and it will be marked as "Reserved". You have now successfully activated your XRP wallet.

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If you only send 1 XRP, the wallet will show 0 XRP Available.

Does Gem Wallet Hold the Reserve Fee?​

As explained before on the question, Does Gem Wallet Hold My Funds?;
Gem Wallet is not a centralized wallet or crypto exchange. Gem Wallet provides any user to easily interact with the XRP ledger.

Gem Wallet is designed to follow the set rules and protocols of the blockchain that it connects to.

No XRP are held on the wallet. No XRP goes to the Gem Wallet team.