Ultimate guide on how to transfer
Ripple (XRP) from Private: LakeBTC to Bitbank

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

Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Ripple (XRP) or Fiat money, depending on what you have saved.

Let’s check the below steps to help you withdraw funds on your registered and confirmed LakeBTC account.

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

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 “Withdraw” and select on the preferred sub-account you wanted to transact.

1. Withdraw Ripple (XRP) from your LakeBTC account

For Ripple (XRP) withdrawals, select your Ripple (XRP) from the sub-accounts menu.  In this example, we are using BTC.

Fill in the desired Ripple (XRP) amount as well as the target Ripple (XRP) wallet address. You can get this address from your wallet.  Click “Submit” to proceed.

Make sure to enter the correct address as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. For your protection, you’ll be asked to send a confirmation SMS from the registered mobile number.

To view your Ripple (XRP) withdrawal and other transactions, click on “Withdrawal History”.

Good work! You have successfully processed Ripple (XRP) withdrawal from LakeBTC!

 

2. Withdraw Fiat money from your LakeBTC account

To withdraw Fiat money, select your preferred currency from the sub-account menus. In this example, we are using USD.

Choose which method you would want to use to process your withdrawal. Make sure you provide accurate and complete information to your bank, otherwise, the transaction request will be rejected or you could lose your money if you supply incorrect data.

It takes 1 – 5 business days for banks to process international wire transfers.

To view your Fiat money withdrawal and other transactions, click on “Withdrawal History”.

Excellent! You have successfully processed Fiat money withdrawal from your LakeBTC 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.