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.
Indacoin allows you to deposit both cryptocurrencies like Ripple (XRP) and Fiat money. Prior to doing deposit transactions, you need to verify your identity, however, the process is simple and straightforward.
Here are the steps on how to deposit Ripple (XRP) on Indacoin account:
To log in, open the Indacoin site and click on “Products” then “Trading Platform.”
Type in your registered email address, password, and the captcha provided by the system. Click on “Sign in” to continue.
After logging in, click on “Send/Request.” Please take note that Indacoin uses the term “Request” for deposit.
To deposit Ripple (XRP), click on “Cryptocurrency” and select your Ripple (XRP) from the drop-down menu. You will then be given a wallet address. This is the address that you need to use in processing your Ripple (XRP) deposit. You have the option to scan the QR code to generate a new one. Make sure that the correct address is used in processing your transaction to avoid losing funds.
Recent and previous transactions can be viewed under “Account History.”
For Fiat money deposit, select on “Money” and choose your currency from the drop-down menu. Since this step requires you to add a credit card, you need to go through Indacoin’s Verification process.
Once verified, click on “Deposit.”
Recent and previous transactions can be viewed under “Account History.”
Perfect! You have added Fiat money on your Indacoin account.
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