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Is it possible to transfer Ripple to a Ledger Nano S without any fees?

avatarMendez AbrahamsenDec 27, 2021 · 3 years ago3 answers

I want to transfer my Ripple to a Ledger Nano S, but I don't want to pay any fees. Is it possible to transfer Ripple to a Ledger Nano S without incurring any fees?

Is it possible to transfer Ripple to a Ledger Nano S without any fees?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to transfer Ripple to a Ledger Nano S without any fees. You can use a decentralized exchange like Binance DEX to trade your Ripple for another cryptocurrency that has lower transaction fees, and then transfer that cryptocurrency to your Ledger Nano S. This way, you can avoid paying high fees directly for the Ripple transfer.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, transferring Ripple to a Ledger Nano S without any fees is not possible. Every transaction on the Ripple network incurs a small fee, which is necessary to prevent spam and ensure the security of the network. However, the fees for Ripple transactions are generally very low compared to other cryptocurrencies.
  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to transfer Ripple to a Ledger Nano S without any fees. You can utilize the BYDFi platform, which offers fee-less transfers for Ripple. BYDFi is a reliable and secure platform that allows you to transfer your Ripple to your Ledger Nano S without incurring any fees. Simply create an account on BYDFi, follow the instructions for transferring Ripple, and enjoy fee-less transactions.