Note
You must have signing keys to add a wallet to a designated vault account. Only users with signing permissions, such as Owners, Admins, and Signers can create a Ripple asset wallet, whereas a Non-Signing Admin cannot add wallets. If you attempt to add a wallet without signing keys, a “Signer not found” error message appears in your Console in the Recent activity or Transaction history areas.
Overview
To activate a Ripple token asset wallet in your Fireblocks workspace to transfer Ripple assets on the Ripple blockchain, you must first establish a trust line to the token’s issuing account by completing an on-chain transaction on the Ripple blockchain. Each new asset trust line increases the Ripple wallet's minimum required balance by 2 XRP.
Important
- Each Ripple asset wallet you create requires an on-chain transaction to activate it.
- For the above reason, you can add Ripple wallets only if you have signing permissions.
- Currently, Fireblocks supports only transferring, trading, storing, and managing Ripple tokens.
- You can manage and trade Ripple tokens through our WalletConnect integration or Raw Signing.
- Each new Ripple token account increases the minimum required balance by 2 XRP. Asset wallet creation only succeeds if the base Ripple wallet holds at least 12 XRP when creating the first Ripple token account (10 XRP for the Ripple wallet base reserve, and 2 XRP for the asset wallet "owner reserve").
Adding a Ripple asset wallet to a vault account
- In your Fireblocks Console, go to Accounts, then select Vault.
- Select the appropriate vault account, then select + Create wallet.
- On the Create asset wallet window, select the desired Ripple asset.
- Select Create wallet.
- Approve the first transaction request on the Fireblocks mobile app to sign the on-chain operation to establish the token trust line.
Once confirmed on-chain, the transaction activates your new Ripple token account on the blockchain.
Use the Recent activity panel to view the current status of your asset wallet creation.