This zero-cost-setup solution enables private individuals and businesses to accept Tips via a simple QR code, to get started please DM us on x.com.
FAQs
Q: Won't I need some kind of 'crypto wallet' to accept tips?
A: Yes, you can use any trusted XRP Ledger wallet, as the most widely used and trusted we recommend Xaman.
Q: How do people actually tip?
A: Anybody with an XRP Ledger wallet can send you a tip, by far the easiest way is for them to use the
Xaman wallet also, they simply scan your QR code from within the app to send a tip!
Q: Is it really no-cost to setup?
A: Yes, the tipping facility setup is free to you and funded via an NFT scheme we offer to the XRP Ledger community.
Q: Anything I need to do at my end?
A: Simply get your mobile wallet app installed then contact us so we can fund/activate your wallet and send your QR code sticker/poster.
Q: Will you have any access to my wallet?
A: No, when you install your wallet only you will hold the secret/private key, we simply send you enough XRP to activate your wallet and begin using it, we'll send enough to initiate thousands of transactions, but just so you know it costs zero to accept an XRP payment!
Q: What about taxation reporting?
A: We don't get involved at all with that side of things, contact a local tax specialist for advice.
Q: Are tips refundable?
A: Once a tip has been delivered to your wallet only you have the power to give it back. (there may be rare exceptions depending upon how the issuer of a particular token created their token, XRP and BITx (for example) cannot be 'clawed back' by the sender.
Q: What currencies can I accept?
A: The default is XRP but you can accept any XRP Ledger token such as RLUSD, GBP, Bitcoin or BITx (as examples).
Q: I'm new to 'crypto' is there anything else to be aware of?
A: Yes!
1) NEVER share your private/secret key with anyone! Only share your public wallet address
2) Although no personal information is logged whatsoever, all transactions will be visible 'on-chain' showing your public wallet address via sites such as https://xrpscan.com, this is entirely standard for the industry.
3) With some exceptions such as stablecoins, be very aware that crypto token values can be extremely volatile and go up and down extremely quickly, do not rely on the current valuation of any crypto token.
Q: I have a few employees, can they each receive tips to their own wallets?
A: Yes, but we only fund the activation of a single wallet, you'll need to fund any additional wallets yourself.
Q: What can I actually do with the tips?
A: Whatever you like, some people like to 'cash out' tips to their bank account, some like to use their tips to pay where crypto is accepted and others like to hold onto some types of tokens in case they go up in value over time.
Learn more about the XRP Ledger
The current monetary system has been devaluing your assets and sweat equity, it's not right.
Is there a poetic irony in the fact $BITx exists on the XRP Ledger, which many regard as the 'bankers ledger?
First they ignore you, then they laugh at you, then they fight you, then you win.
Explore the various XRP Ledger DEX portal providers and choose your favourite. Trading over the XRPL DEX using a self-custody wallet such as Xaman has never been easier. Below are just a handful of popular options. Being listed on this site is not an endorsement, always do your own research before using any third party service.
Home