What Is an XRP Reserve?
The XRP network requires users to maintain a minimum amount of XRP as a reserve when creating and using addresses. This prevents spam accounts and ensures network health.
· Base Reserve: The minimum XRP required to activate an address. The current requirement is 1 XRP.
· Owner Reserve: The incremental reserve needed for each ledger-resource-consuming operation associated with the address. The current requirement is 0.2 XRP.
Minimum Balance Requirement
Account Total Balance ≥ Base Reserve + Owner Reserve
(CoinEx Vault does not enforce the Owner Reserve requirement.)
If the balance falls below this threshold, new transactions cannot be executed.
* For CoinEx Vault, personal wallet reserve requires 1 XRP; multi-sig wallet reserve requires 1.2 XRP.
Deleting an Account
Reserves can be recovered by deleting an account, but at least 0.2 XRP must be destroyed in the process. This feature is currently not supported on CoinEx Vault.