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

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

The process and security being implemented by Coinfloor for their deposits are also the same with how one make withdrawals from their platform. Additionally, the steps are also very much easy to follow just like other exchanges.

As such, we have prepared this guide for you to follow so your first withdrawal will become a success.

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

As what we usually do, you will have to log in to your account first by putting in your registered email address and password. You can also tick the small box if you’re a trader and wishes to disable the additional 2FA. When you’re ready, click the ‘Sign In’ button.

how to signin on coinfloor

Input the 2FA code from your Authy device and hit the ‘Submit Authy Code’ button. You have enabled this during account registration.

how to signin on coinfloor

Hit on the ‘My Account’ tab which you can see on the top navigation bar.

how to withdraw funds from coinfloor

Click ‘Withdraw’ to start your withdrawal.

how to withdraw funds from coinfloor

1. Withdraw Ripple (XRP) from your Coinfloor account

To withdraw Ripple (XRP) from Coinfloor, you must register your cryptocurrency wallet address first before placing a request. To initiate this, select Ripple (XRP) from the list by clicking on it.

how to withdraw Ripple (XRP) from coinfloor

Carefully read all the instructions and tick the small box confirming that you have understood and accepted everything. Hit on the ‘Register Ripple (XRP) Withdrawal Details’ button once done.

how to withdraw Ripple (XRP) from coinfloor

Enter your Ripple (XRP) withdrawal address on the designated field. This particular info is a long string of combined letters and numbers. To continue, hit on Register. Coinfloor processes requests from their multi-signature cold storage vaults once daily and during business hours.

how to withdraw Ripple (XRP) from coinfloor

Great job! You have successfully withdrawn Ripple (XRP) from your Coinfloor account.

2. Withdraw Fiat money from your Coinfloor account

If for any reason you want to withdraw Fiat instead of crypto coins, you can also do it from the ‘Withdraw’ section of the exchange. From the list, choose the asset or currency from which you will be sourcing the funds.

how to withdraw fiat from coinfloor

After going through the instructions and reminders, tick the box confirming that you have understood everything, and click on the ‘Register (chosen currency/asset) Withdrawal Details’ button.

how to withdraw fiat from coinfloor

On the next page, you will need to enter your bank account details. Be sure to provide accurate info to prevent any issues. Hit on Register to continue.

Coinfloor processes these requests once a day and during business hours. USD & GBP withdrawals are usually received in 1-5 working days, whereas EUR withdrawals arrive in 1-2 business days.

Note: For additional information about withdrawals, you can also check Coinfloor’s support section.

how to withdraw fiat from coinfloor

Here, you can view the withdrawal that you’ve just made. You can locate this by accessing your ‘My Account’ page.

how to view deposit and withdrawal on coinfloor

Congratulations! You have easily withdrawn Fiat money from your Coinfloor 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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