Exchange XRP to Cardano | FixedFloat

Deal Score0
Deal Score0

FixedFloat | Instant cryptocurrency exchangefixedfloat.ltd

Lightning cryptocurrency exchange

Ripple is a blockchain-like payment system launched by OpenCoin Inc in 2012 that focuses on non-chargeback currency exchanges.

Ripple works not only with cryptocurrencies, but also fiat currencies and commodities. That being said, it is worth highlighting the difference in the names of Ripple and XRP. Until recently, an equal sign was put between these two names. Now, Ripple is the name of the company, and XRP is the internal cryptocurrency of the Ripple network.

What is a Destination tag and should it be specified?

Destination tag is a payment identifier in Ripple and other coins. When exchanging on our service, be sure to indicate the tag when sending coins.

If it happened that you forgot to specify the tag or specified it incorrectly:

  • If you forgot to specify the tag, the transaction on our service will not work. You can re-create the transaction with a tag and send it.
  • If the tag was specified incorrectly, please contact our technical support service and we will help you.

XRP addresses

R-address is a regular address that starts with “r”. The tag is generated automatically when placing an order.
Example: rffGCKC7Mk4cQ5aUGg8pfRe3MPC7Cy8gfe

X-address (new format) — starts with “x” and contains the destination tag.
Example: XV5sbjUmgPpvXv4ixFWZ5ptAYZ6PD2q1qM6owqNbug8W6KV

If the wallet does not support X-address

If your wallet does not support X-address, you can use R-address with a tag. You can use the Xrpaddress service to convert the address.

Operation speed

The advantage of XRP over competitors is that the speed of financial transactions is almost instantaneous. An interesting feature is that the speed will not be affected by either the price or the Ripple rate, and even the load on the network will not be a problem.

A brief history of Cardano

At the end of 2014, former Ethereum developer Charles Hoskins put together a team to create a Cardano platform that, in his opinion, had to meet all his requirements. With the help of the platform, Charles Hoskins wanted to introduce cryptocurrency into the real economy, make microtransactions convenient and create convenient conditions for launching reliable and secure decentralized applications.

Cardano address formats

There are 2 types of Cardano addresses:

    Byron is the first version of an address that starts with “A” or “D”.
    Example: Ae2tdPwUPEZGJXifUWS7Dps4DU836BUKxQi11RdREsc6AkW4PZYUrVANfiJ
    Example:

Speed in the Cardano blockchain

The exchange requires 15 confirmations. Blocks in the ADA blockchain appear approximately every 20 seconds. The average time for confirmation of an exchange is 5 minutes.

exchange in 3 easy steps

  1. Enter the desired amount of Ripple and write your wallet address to receive currency.
  2. Click the “Exchange now” button and you will be taken inside your order.
  3. Send Ripple to the address from your order, after the required network confirmation, Cardano will be sent instantly.

We use cookies to provide the best experience on our website. By using FixedFloat.ltd you agree to Privacy Policy and Terms of Service.

FixedFloat | Instant cryptocurrency exchangefixedfloat.ltd

We will be happy to hear your thoughts

Leave a reply

Enable registration in settings - general