Ripple (XRPUSD)

[GreedyAgorist]

There are no minimums with CredEarn as far as I know. It is the maximums that have slowed me down. First, the $500 max daily transfer to Uphold, unless you provide more paperwork, including another state-issued picture ID; second, the six ACH transfers per statement cycle (month) allowed by bank regulation.

The fewest XRP I have loaned out is 4000. On Saturday morning, I did 2 BCH. (I was happy to see the price locked in at 419.90, over my cost average.). I also loaned out 1000 LBA (worth a total $54.04 at the time). The interest is inconsequential, but I will continue to ladder the rest of my LBA, unless it goes well above 6 cents, and looks like it will stay there on the morning of a loan origination date (either the 1st or 15th of the month); then I will lump my remaining excess LBA in one loan. Note that is the CredEarn token; holding 10k of them gets you a better interest rate, in some cases much better; in the case of XRP, 5% instead of 3%.

As for the loan strike price for XRP this time around, I do not know. MS will have to tell us. Looks like it was between 40 and 41 cents. For the record, here are the preceding XRP prices locked in:

June 1 - 43.75 cents
May 15 - 42.613
May 1 - 30.456