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

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 Independent Reserve

After verifying your account, you’ll then be able to deposit funds into Independent Reserve exchange through cryptocurrencies like Ripple (XRP) or Fiat money. Deposit methods include Electronic Funds Transfer and SWIFT transfer.

These are the easy-to-follow steps to help you make your first Ripple (XRP) deposit on Independent Reserve.

  1. Deposit Ripple (XRP) on Independent Reserve
  2. Deposit Fiat money on Independent Reserve

Click this link to access the exchange site.

After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To deposit, you need to view the list and click on “deposit” in-line with your currency selection.

1. Deposit Ripple (XRP) on your Independent Reserve account

There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Ripple (XRP). To deposit Ripple (XRP) on your account, make your selection from the list under “accounts” and click on “deposit.”

You will then be routed to another page where you’d get to copy the wallet address. Make sure to use the same address in making Ripple (XRP) deposit transactions to avoid losing your funds.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Great job! You have added Ripple (XRP) to your Independent Reserve account. 

 

2. Deposit Fiat money on your Independent Reserve account

You also have the option to deposit Fiat money on your Independent Reserve account and the steps are pretty much similar to adding Ripple (XRP) deposit. Go to “accounts” and select your currency by viewing the list. Once you’ve made your selection, all you have to do is click on “deposit.”

You will then be routed to another page where you can select your method of deposit transaction and supply the required information asked by the system.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Excellent job on adding Fiat money to your Independent Reserve account!

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