What is the XRP Tag for Ripple (XRP) Deposits?

When you create a Ripple (XRP) deposit address under your FinanceX account, a unique XRP Tag is also generated. This tag is an extra piece of information that can be included when sending a Ripple transaction.

On FinanceX, the XRP Tag is used to determine what account a given transaction should be assigned and credited to. This is because all FinanceX accounts use a single Ripple (XRP) deposit address:

rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg

The XRP Tag has to be included with all Ripple (XRP) deposits to your FinanceX account.

An example Ripple (XRP) XRP Tag is:     123456789

Always ensure to include the correct XRP Tag before sending your XRP deposit. Leaving out this information will lead to significant delays in crediting the transaction to your account, and can be irretrievable in certain cases.

 

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