Bitcoin Forum

I am in the US.  Bitstamp requires US customer to withdraw XRP.  If Coinbase, Bittrex, Kraken in US also delist XRP then what exchange that I can transfer XRP to?  Or what is the personal cryptocurrency wallet or app that I can transfer my XRP to?  Thank you.

You can use multi currency wallet like coinomi if you want to only stored your ripple just make sure that you save the keys . You can still use binance exchange until they announce they will also do the same restrictions for US citizen people then by that time you should move it to your own only multi currency wallet, if you don't have other choice to stored it in exchange only if you are looking to trade your XRP.

I bought XRP at the high price $0.50 - $0.60 each.  I don't want to sell it at lost.  Maybe I will keep it in the multi currency wallet.  Thanks.

When it comes to storage then you can choose one of these.

https://trustwallet.com/xrp-wallet/
https://apps.apple.com/us/app/atomic-wallet/id1478257827
or simply atomic wallet.

In the question about delisting then it is still unknown on how many platforms would tend nor planned to
delist out XRP. It seems that theyre too fast on washing out their hands. ;D

Yesterday there was a news that the new SEC chairman that is appointed is a pro crypto person and even we saw the reaction of this news when the xrp price quickly recovered then the news of bitstamp halting xrp trading for US customers again dumped the price but now there is a hope again in the market that xrp's issues will be settles by SEC as we have a pro crypto person heading the SEC.

If you want to avoid exchanges you can refer here:
https://crypterium.com/en/news/post/best-ripple-wallets-2020

Just pick what would be fit to your preferences.

As I have read that you don't have the intention to cut your losses, and XRP seems will have a hard time bouncing back at your entry price, then a good decision to safely stored it on a non-exchange wallet in the meantime.

I'm not so sure that the XRP issue can be resolved so easily. Has the SEC claim already been filed? I don't think the SEC would shoot itself in the leg so quickly.

Oh you bought XRP at a somehow high price, Well if you don't want to sell it at loss it's a good decision to keep it on a wallet first and just hope that Ripple wins on their lawsuit. It would be problematic for you if Ripple failed to win because exchanges would bail out themselves by XRP holders from the US or delisting XRP on US exchanges.

I recommend using the trust wallet to store your XRP. I've been using it for a while and got no problem using it. If you don't want to use it just make sure to use a non-custodial wallet to store your XRP.

It would take time to know the outcome of the lawsuit. Unless, both sides are open for negotiations. This is really unfortunate for XRP. I hope they can rectify this problem sooner. If several exchanges will delist XRP, then price decline is really in the air.

We don’t know yet what exchanges will do the same to delist XRP, the case is still on-going and XRP is still facing this Big challenge so there’s no announcement yet from other exchanges on what action they’ll take.

This can be the great option if you’re willing to take risk and to hold with XRP. No one know is this coin will survive this one or will become totally useless in the future, its about risk and trust on the project.

Idk what make you still believing on XRP but didn't you think about the worst scenario? ripple could be delisted on more and more US based exchange sites and you will have no place to sell it.
When SEC win against ripple and it could make the exchange sites to delist ripple permanently.
It looks like you have agreed with the risk that you can see your money gets depreciated anytime due to the various bad news that came for XRP.

Multi wallet is good enough for you but i hope you can try exodus.

You can use atomic wallet for storage. For fast 'disposal' of the cryptocurrency, try and check out Binance to do some fast trades before they also decide to delist the said crypto on their platform as the SEC lawsuit gears up more traction. As it stands, most of these platforms who have already acknowledged the lawsuit and are making preparations to remove the coin on their platform are making swift moves across the board to make sure that they do not bear the repercussions when the time comes. My advice: liquidate your assets if you are hesitant about the coin\s future while you have time.

Do you have a hardware wallet? Use it. Both Ledger and Trezor(Model T) supports XRP.

https://www.ledger.com/supported-crypto-assets

https://trezor.io/coins/

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For multi-cryptocurrency wallet. These are your options.

https://www.exodus.io/status/

https://www.coinomi.com/assets/

Sometimes it is better to accept defeat and sell for a loss, not saying that is what you must do just saying that sometimes that option should be over the table, after all this is just the beginning, if the SEC begins to really dig in what XRP has being doing they may uncover even more things they never thought they could find reducing the price even further, after the drop we have seen a slight recovery for XRP but if more exchanges delist it then it will not be long until we see another drop.

I supported this one and this is the safest way to save your coins and tokens not just XRP, and stop panicking because you have to analyze the situation and you have to know if XRP can still survive this trend. I know this is a shocking news and case against XRP, and this may take a longer time before they recover, but I’m sure investors will not just easily left XRP behind.

After the news on lawsuit, some FUDs on delisting were released to break the support of XRP. They succeeded but after the fear is cooled down, it looks a little better for XRP. Big exchanges are waiting for more confirmations and clearer actions from SECs. It is too early to say that XRP will be delisted on all US-based exchanges. Too soon to feel fear like that.

If XRP will actually be delisted on US-based exchanges, it will not be then end of XRP's lifespan. Many cryptocurrency were prohibited in the USA and Poloniex, Bittrex deslited them since 2018 and 2019, but they are still be traded on many other exchanges.

It is for trading, to have safe storage, choose wallet you can control your coins (people gave some in their replies).

We are in the same boat.
Good suggestions are already above this post.

I am still in the middle of a decision whether to sell or not.
Expecting.
Well, I think I'll keep it too until maybe everything will get cleared and it can bounce back again once investors decide to buy again.

Yeah, these exchanges are very fast about this accusation on ripple becasue they have caused more harm than we can see. This coin has unlimited supply and whenever the market make positive move these owners always get more printed into the market for profit, also, there might be something like interest from the government too becasue Ripple is be own by XRP Labs, in my honest opinion XRP and Tether are scam project becasue they continue printing as usual. For the wallets you have just shared to me are good for OP becasue i have be using them for years now without problems.

Don't forget that you are only saying one scenario and what if not?  You are saying to sell his coins and accept it's lost even though we know that there is also possible reason for XRP to recover and the SEC decision is not yet final . He invested money for high price so I don't think it's easy for them to accept that lost and he still hoping to earn from that .

move it to an exchange that  is not US base and then  sell it there. there is just no use in keeping it. ripple s not gong to last for a long. the only  solution if you have some of it is to sell.

the bitcoin community won't m is xrp though. the world  is just better without XRP. the one thing that is likely gong to be missed s the tiny trading and withdrawal fee using XRP which s also on other tokens.

But why US people need to move XRP from their accounts ? I mean is there any news that is floating around to get insecurity in holding XRP? I'm not sure if I follow this news around.

My confusion started because what things could disturb us in the crypto space if it's all about public blockchain. I don't think any government would be able to take it down wholly any time soon. Considering the ever increasing popularity of all the coins idk, it won't be much disturbance for the xrp holder. Unless it's very genuine reason like xrp is making fraud stuff and all.

Why do you panic like this. you are not dealing using central currencies, if the third largest currency is affected by banning it in a country, it is better to think carefully about that currency.
The price will be affected, but you can still sell. If I am in your place, I will try to buy more because it means the best opportunity to make some quick profits.
you can use any Dex wallet or exchange. try coinomi and this topic https://bitcointalk.org/index.php?topic=2906237.0

If he is panicking, he has a valid reason for it.

He has already decided it and don't want to keep at pure loss by selling it. That's why he's asking for some wallets where he can keep it and wait until it finally recovers. He thinks that it will going to be fine and at least make his money get back to how much it was before.

He could break even if a turnover has happened and he can take his money back again. But you are right that it will require him time until it goes back and he can move it again to exchanges to sell it without having any issues caught.

The question is, would he able to sell it out when he's on loss? Try to check on whats the current price of XRP. You will surely hesitate on doing such step.

The solution to this is on what you had really suggested. Step out on US based platforms and you would really get rid of this type of problem.

When it comes to wallet then there are viable options for you to take.For now the best thing to do is to get those coins out of those platforms.

Is bitstamp a major exchange that Usa users use?  Im from the US but outside the US most of the year.  I can't use gemini because they need me to have an sms us number to use it.  Coinbase... i dont even want to use it based on what others say.


Bitstamp, someone told me they use it as they are also american but outside the us most of the time and use it to cash out crypto to their us bank account.



My question is why are us customers using bitstamp to use xrp and other coins when they have access to coinbase/gemini/binance us and bittrex us? 



Also isn't it true you could only withdraw via bank wire and no ach so its more expensive for us users?

Just be careful just because XRP is the 4th coin in the market it means that it is going to be there forever, while it is not the same look at what happened to bitconnect which was one of the biggest coins at the time and it still disappeared, XRP is going down and now it is barely above 0.2 if this tendency continues its price could crash below the 0.1 level and you must take into account that this is happening during a bull market, what do you think it will happen to XRP if the price of bitcoin begins to crash?

The problem is you don't know if the the dump will stop after you buy it. It's easy to say buy in the dip but in the situation like XRP it's really hard to decide since you know there are a lot of exchange already delisted it and you don't know who's next or are you able to trade it again later? I think the better things to do right now is to wait to what will happen to the case of SEC before deciding to buy so you will see in what price is the good entry to buy.

Same with me, I bought XRP at 0,6 more and now still holding it.
Fortunately, I still keep it in my exchange wallet in my country, it is still listed there.

You and all of the XRP holders in the US may feel bad about this especially when many more big exchanges announce delisting this coin.
Every day the price is dumped because of that bad news again and again.
SEC really knows how to break XRP

And then, yeah, the easiest way to store your XRP if want it for long-term investment is using an offline wallet or if it is paid, you can choose to mobile wallet. Trust wallet (https://trustwallet.com/) is easy to use and it is a multi-wallet. There are several choices of the coins to store there.
Hopefully, the problem of XRP can really be clear and solved.