Closed brianlong closed 11 years ago
Bitstamp can't make a payment to a Ripple account that isn't funded.
Bitstamp can only send 50 XRP or more to an account that is not funded.
Oh, right, I forgot that they send XRP now too.
Bitstamp also says "The destination must trust this address". However, I cannot trust Bitstamp since the Ripple account is not funded yet.
I am trying to fund the Ripple Wallet with XRP from BTC, so this seems like a Catch-22 and a serious impediment to creating a new Ripple Wallet.
There should be a way to bootstrap a new Wallet with funds from a gateway.
(Thanks for responding)
Trust is not needed to send XRP.
This is a Bitstamp issue. Please file a support ticket with them.
You need a small amount of XRP to bootstrap the account. 100 XRP is more than enough. I sent you enough to fund the account and allow you to create a pathway to Bitstamp.
Thanks for the loan Joel. I have re-paid you to the same address you sent from.
It turns out that it was a vague UI at Bitstamp. I needed to transfer the BTC in to Bitstamp, then sell the BTC to buy USD, then sell the USD to buy XRP. After that, I was able to send the XRP to my Wallet without pre-established trust.
Issue closed.
I have the same problem. I have a ripple wallet and its empty (I have no XRP). I have a bitstamp account with USD in it. When I try to buy 100 XRP and send it my ripple address, bitstamp says "Invalid ripple address"
The correct place to get Bitstamp support is Bitstamp.net.
@mikkelbreum : I currently see this message on bitstamp.net: WE HAVE NO RIPPLES AVAILABLE AT THE MOMENT. PLEASE TRY LATER.
Also, make sure you are trying to "Buy" XRP (not "Withdraw"). A withdrawal on bitstamp requires trust, and you cannot create trust with an unfunded account. The bitstamp error message is misleading in this case.
@ahbritto : The Ripple Wallet should have more verbose instructions on bootstrapping a new account. The concepts of trust and IOU are unique and should be explained to the user after a new wallet is created.
rJsSrfDZ5C4z8FigfKvdqLsF2heWt8Cy1w
Anyone on here who can loan me some ripples so I can link the account to Bitstamp?
My ripple account is: r3EbsR2aYcZm5FpVQXue8NBAvkRWED3V5z
@mozey Looks like someone did it.
@JoelKatz Yes, Bitstamp let me buy XRP for USD after being unavailable for about a week. So my account is up and running now. Time to figure out how to do something with it.
PS. How can you see that I've bought XRP?
I can't tell how you got XRP without looking very closely, but I can see your account was funded just by looking at its root node. Ledger state is all public. If you have CURL, you can do this:
curl -X POST -d '{ "method" : "account_info", "params" : [ { "account" : "r3EbsR2aYcZm5FpVQXue8NBAvkRWED3V5z" } ] }' http://s2.ripple.com:51234
I created an account just to comment on this thread.
I have a Bitstamp account and I ran into the same thing when trying to create my white-list. I just did a workaround I thought would work, and it did. Instead of trying to white-list an empty account and failing (because its empty) I just turned the white-list requirement off, then sent 20 XRP to my Ledger Nano S, turned the white-list requirement back on and made a white-list entry. Now that the ledger was funded, it let me create the white-list without any trust issues or prerequisite requirements not being met. No need to requisition help from helpful and generous internet randoms :)
TLDR: Send yourself 20 XRP with white-list turned off on Bitstamp before you turn it on and attempt to create a white-list exception, its only a problem during white-list creation.
Bitstamp says "Invalid ripple address" for public address:
rJsSrfDZ5C4z8FigfKvdqLsF2heWt8Cy1w
How are the Ripple addresses validated? Is mine valid?
Thanks