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:
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 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.”
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.
With LakeBTC, you can deposit cryptocurrencies like Ripple (XRP) as well as Fiat money.
Here are the steps on how to deposit funds on your registered and confirmed LakeBTC account:
Click here to open the exchange site.
Log in using the email address and password you’ve registered for LakeBTC.
Once you’re logged in, you will be redirected to the ‘My Wallet” page. Click on “Deposit” and select on the preferred sub-account you wanted to transact.
For Ripple (XRP) deposit, select your Ripple (XRP). In this example, we are using BTC.
Copy the deposit address or scan the QR code and type in the six-digit code to send the transaction. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Ripple (XRP) as it can no longer be reverted.
After processing the transaction, you can click on “Deposit History” to view pending deposits.
If you prefer to deposit using Fiat money, select your preferred currency from the sub-accounts. In this example, we are using USD.
Select your desired payment method and type in the amount, then click on the Submit button. A new window will pop-up asking for your confirmation. Click on the Create Deposit Request Now button.
It is highly advised to double check your account number before sending your funds. Once you sent it to the wrong account, it cannot be undone and your money can be lost permanently.
After processing the transaction, you can click on “Deposit History” to view pending deposits.
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