Why XRP, who needs it, and how this network’s rules differ from the rest — short and to the point.
Not abstract “crypto risks,” but the rules of this network. For each — what happens, and how Mitilena shows it before the Send button.

An exchange keeps all clients on one XRP address and tells them apart by tag. A transfer without a tag reaches the exchange but not your account — then only venue support can help.

Every address must keep an unspendable reserve — since late 2024 that is 1 XRP plus a small amount per object on the account. You cannot send “all”: the reserve stays. A new address activates with a sum no less than the reserve.

Classic r… and an X-address that packs address and tag together. Venues hand out one or the other.

XRP Ledger has its own tokens and the RLUSD stablecoin, but in everyday use it is almost always just XRP.
On XRP Ledger in the wallet — the XRP coin. Stablecoins are easier on Tron, TON, Ethereum, or Solana — they are in the same app.
A number the exchange uses to find your account on its shared address. To an exchange — required; to a personal wallet — not needed.
The network requires an address reserve — 1 XRP plus a small amount per object on the account. It stays on the address while the address exists.
3–5 seconds to confirmation. Exchanges credit almost immediately.
Write to exchange support with the transaction hash. The funds are with them, but not on your account; only they can return them.