Ripple Payout Thresholds

I'm trying to change the payout threshold for Ripple, but the maximum is lower than the minimum so no changes are accepted. Is there anyway to do this that I'm missing? Trying to increase the threshold so the first payout is 20 to activate the wallet.

Heya Scrouch, Im fairly certain that you may need to purchase 20 before you can send anything to it. I could be wrong, but that was my understanding on ripple wallets at this point.
tom

holygoof wrote:Heya Scrouch, Im fairly certain that you may need to purchase 20 before you can send anything to it. I could be wrong, but that was my understanding on ripple wallets at this point.
tom

You can also set a custom payout threshold of 20, as well. But there is a network minimum and an account can never fall below 20 Ripple, or else the money can't be spent.

I got a payout when the amount of ripple earned reached 20. My payout threshold was set to default and I had zero ripple in my wallet before the payout.

Anybody knows how to set the Ripple address for Binance Exchange?

citronick wrote:Anybody knows how to set the Ripple address for Binance Exchange?

Wouldn't that be the same as sending a deposit?
Select funds, then deposit; select Ripple, and copy the address from Binance and paste it into Prohashing.
However, there is the issue of the deposit tag, but I am not 100% certain that your coins would be lost without it.
Why not use Ripple's wallet?

My question along the same lines is: what is the actual minimum to avoid a fee?
There's 20 for the minimum, 1 for free, and then 6 for the maxium, but it seems that regardless of the choice there's an error because you're always below the minimum and above the maximum.