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

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

The withdrawal process on Kraken is simple and the steps are easy to follow. You are required to comply with the Account Verification process and Two-factor Authentication prior to doing any transaction, like Ripple (XRP) withdrawal.

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

  1. Withdraw Ripple (XRP) from Kraken
  2. Withdraw Fiat money from 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.”

1. Withdraw Ripple (XRP) from your Kraken account

To withdraw Ripple (XRP) from Kraken, click on “Withdraw” and select your Ripple (XRP).

Paste your wallet address or add a new one by clicking on “Add address.” Click on “Review Withdrawal” and double check the information you supplied to avoid errors.

Whenever you’re ready, click on “Confirm withdrawal.”

Good job! You have withdrawn Ripple (XRP) from your Kraken account.

 

2. Withdraw Fiat money from your Kraken account

To withdraw Fiat money from Kraken, click on “Withdraw” and select your currency. Next, select your withdrawal method from the drop-down arrow and supply the information required by the system, depending on the method you’ve selected. Double check your information before confirming your withdrawal to avoid losing funds.

Perfect! You have withdrawn Fiat money from your Kraken account. 

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

Bitbank is a Japanese exchange where cryptocurrencies like Ripple (XRP) and Fiat money are being offered. Please be advised that for Fiat money deposit, the only available currency is Japanese YEN.

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 deposit Ripple (XRP) on Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.

  1. Deposit Ripple (XRP) on Bitbank
  2. Deposit Fiat money on 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 Fifth option from the top which is “Deposit.”

1. Deposit Ripple (XRP) on Bitbank

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

Attach the wallet address or scan the QR code to generate a new one. Make sure the correct address is used in processing your deposit transaction to avoid losing funds.

Nice! You have added Ripple (XRP) on your Bitbank account. 

2. Deposit Fiat money on Bitbank

Japanese YEN is the only available currency should you opt to fund Fiat money on Bitbank. Click on “deposit” next to the currency from the list.

The deposit number is your customer ID. Scroll down the page and check the “Name of client requiring payment” stated in the middle of the screen. Follow the instructions provided by the system and fill out the needed information required for you to continue depositing Japanese YEN on your account.

Note: The process of name transfer varies depending on the financial institution.

You did it! You have added Fiat money on your Bitbank account. 

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.