To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Ripple (XRP) or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.
Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.
Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.
For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.
Go to the ‘Withdrawal’ page as directed by the arrow on the image below.
From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Ripple (XRP) withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.
For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.
The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.
Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.
Access your email inbox and click on the link that is in the email that you receive from Bitstamp.
The status will now change to ‘Waiting’ to be processed.
Another email will arrive in your inbox confirming your withdrawal.
As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.
If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.
Coinone is an exchange platform based in Korea that allows Fiat money and crypto-to-crypto transactions.
Below is a guide to help you in depositing Fiat money and Ripple (XRP) to your Coinone account:
Go to Visit https://coinone.co.kr and click “Log in.”
Navigate your way to the Deposit section by clicking on the “D/W” button located at the top bar of the homepage.
From the deposit page, look for the Korean Won currency or simply go to “Quick menu.”
Select “KRW” and click on the “D/W” button beside it. In the Wallets section, select “Deposit” and on the Deposit form, enter the amount you want to deposit and click on the “Deposit” button to proceed with the transaction.
From the withdrawal page, look for the Ripple (XRP) you want to deposit funds to, or simply go to “Quick menu.”
In this example, we are going to use Bitcoin. Locate the BTC button and click on “D/W” beside it.
Next, copy the address provided and paste it on your preferred third-party wallet, enter the amount you wish to deposit and proceed with the whole process.
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