Ultimate guide on how to transfer
Ripple (XRP) from Bitbank to Kraken

Step by step overview on how to withdraw Ripple (XRP) from Bitbank

Bitbank has a series of verification steps that you need to complete prior to doing any transactions, like withdrawing Ripple (XRP).  Additionally, the website could be a challenge to navigate as it doesn’t have any option for an English translation, however, we were able to gather these steps to help you withdraw Ripple (XRP) from Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.

  1. Withdraw Ripple (XRP) from Bitbank
  2. Withdraw Fiat money from Bitbank

Click here to open the exchange site and click on “Login.”

After logging in, enter your email address and password. Click on “Login” to continue.

We are using Bitbank’s mobile version here. Click on the main menu at the upper-right hand portion of the page.

Click on the Sixth option from the top which is “Withdraw.”

1. Withdraw Ripple (XRP) from Bitbank

To withdraw cryptocurrencies like Ripple (XRP) from Bitbank, select on “withdraw” next to your preferred Ripple (XRP).

Add the address and the amount you wish to withdraw. You also have the option to add a new address when needed. Remember to double check your wallet address as processed transactions can no longer be reverted and funds would end up missing if an incorrect one is used.

Click on “Submit” to continue.

Wow! You have successfully withdrawn Ripple (XRP) from your Bitbank account. 

 

2. Withdraw Fiat money from Bitbank

To withdraw Fiat money from your Bitbank account, first, locate your currency, which is Japanese YEN and click on “withdraw.”

Enter the information asked by the system, depending on which withdrawal method you’ve selected. Remember to double check the information you supply as processed transactions can no longer be reverted and funds may end up missing.

That is it! You have withdrawn Fiat money from your Bitbank account. 

Step by step overview on how to deposit Ripple (XRP) on Kraken

With Kraken, you can deposit cryptocurrencies like Ripple (XRP) as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Ripple (XRP) on your registered and confirmed Kraken account:

  1. Deposit Ripple (XRP) on Kraken
  2. Deposit Fiat money on Kraken

Click here to open the exchange site and click on “Log in.”

Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”

Once you’re logged in, click on “Funding” to start depositing.

1. Deposit Ripple (XRP) on your Kraken account

To deposit Ripple (XRP), click on “Deposit” and select your preferred Ripple (XRP).  Make sure that the Ripple (XRP) deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Ripple (XRP) to the address as transactions sent to the wrong address may not be recoverable.

For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.

After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.

Awesome! You have deposited Ripple (XRP) on your Kraken account.

 

2. Deposit Fiat money on your Kraken account

To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.

Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.

Fantastic! You have deposited Fiat money on your Kraken account. 

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