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?
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3Unfortunately, we have not yet figured out a way to do this. Removing an account completely would break our wallet security model.– David SchwartzCommented Apr 26, 2013 at 9:17
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@DavidSchwartz Can someone who has access to the secret key steal this minimum balance of 50 XRP?– ManishCommented Apr 27, 2013 at 21:15
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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 SchwartzCommented Apr 27, 2013 at 21:29
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2 Answers
You can't withdraw the deposit, just leave it as it is.
Remove all trust and all offers to lower the minimum deposit.
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totally a scam. Using the word “reserve” for mandatory contribution . The consumer has all the rights for there money. ITS A SCAM!!
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well. your answer voices a very personal opinion. please be more objective in your next answer.– anionCommented Jan 7, 2018 at 14:48
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Down voted because this is not an answer to the OP explaining how to remove all funds from an account. This is just a venting rant. Commented Feb 28, 2020 at 6:31