How to withdraw all funds from a Ripple account?

3

I'm trying to close my account by withdrawing all my XRP into a new account. But the Ripple client insists on keeping a minimum balance of 50 XRP. How can I properly close this account?

Manish

Posted 2013-04-26T06:40:56.850

Reputation: 1 972

3Unfortunately, we have not yet figured out a way to do this. Removing an account completely would break our wallet security model.David Schwartz 2013-04-26T09:17:06.757

@DavidSchwartz Can someone who has access to the secret key steal this minimum balance of 50 XRP?Manish 2013-04-27T21:15:25.090

Not today, but if in the future either the reserve drops or the network does adopt a way to close an account, then they could.David Schwartz 2013-04-27T21:29:38.047

Answers

2

You can't withdraw the deposit, just leave it as it is.

Remove all trust and all offers to lower the minimum deposit.

o0'.

Posted 2013-04-26T06:40:56.850

Reputation: 5 180

350 is currently the minimum.David Schwartz 2013-04-26T09:22:49.170

-1

totally a scam. Using the word “reserve” for mandatory contribution . The consumer has all the rights for there money. ITS A SCAM!!

user72798

Posted 2013-04-26T06:40:56.850

Reputation: 1

well. your answer voices a very personal opinion. please be more objective in your next answer.anion 2018-01-07T14:48:27.087