Using Binance exchange for transfers (XRP example) | English | D'CENT User Guide (2024)

Sending fund to your Binance wallet account

Check the receiving address on Binance

To send cryptocurrency to your Binance account, you need to know the address. First, login to your Binance account and choose a wallet of your choice such as 'Spot Wallet'.

1) Select 'Deposit'

2) Select your cryptocurrency type from the drop down list (ie: XRP).

3) Notice the 9-digit XRP Deposit Tag. This Tag is absolutely required when sending fund to an exchange's wallet address.

4) Also notice the XRP account address. This is the recipient address where you send the XRP fund to.

Preparing for a Send transaction from D'CENT Wallet

Run the D'CENT mobile app on your phone and make sure your smartphone is connected together with the D'CENT Biometric Wallet.

1) From your cryptocurrency account(ie: XRP), press the 'Send' button.2) Press the 'QR scan' button to scan the QR code presented by Binance. This will automatically enter the recipient address.

3) You MUST enter the destination tag (or deposit tag) assigned to your XRP account by Binance exchange.

4) When you have entered both the recipient address and the destination tag, press 'Next' to continue.

5) Enter the amount to send in either in XRP amount or by fiat value.

6) Press 'Next' to continue.

7) Review the transaction details and press 'Send' to continue.

8) On your D'CENT Biometric Wallet, check the details and press the 'OK' button to confirm. You will also need to authenticate using either your fingerprint or PIN.

9) Once authenticated, your Send transaction will be broadcasted to the blockchain network.

10) Go back to your Binance account and check that you have received the fund sent from your D'CENT Wallet. Look under the section 'Recent Deposit History' for details of your transaction history.

Sending fund to your D'CENT wallet account

Check the receiving address on D'CENT wallet

To send cryptocurrency to your D'CENT wallet account, you need to know the address. From the mobile, press the 'Receive' button to see the account address.

There are 2 options to copy your account address(in hex form):Option1) Copy - this will copy the address for pasting it to a message or email.Option2) Share - this will copy the address and give you an option to share it through a SNS app of choice if installed on your phone.

Preparing for a Send transaction from your Binance account

Login to your Binance account, and click on 'Spot Wallet'.

1) Select 'Withdraw'

2) Select your cryptocurrency type from the drop down list (ie: XRP).

3) Paste D'CENT account address into the line 'Recipient's XRP Address'.

4) Check enable the 'No Tag' box. Note that private wallet such as D'CENT wallet does not have a destination tag.

5) Enter the amount to send.

6) Click the 'Submit' button to continue.

If you have setup a second factor authentication, you will be asked to authenticate for the second time through a different channel. Below is an example of Google Authentication supported by Binance exchange.

7) Confirm the 2nd authentication and your withdraw request will be processed by the Binance exchange.

8) Check for status of your transaction from Binance. You can also check from D'CENT wallet.

Using Binance exchange for transfers (XRP example) | English | D'CENT User Guide (2024)

FAQs

Using Binance exchange for transfers (XRP example) | English | D'CENT User Guide? ›

Keep your XRP and Trustline assets safe inside a cold wallet while enjoying a user-friendly experience through a mobile app. Your private keys are encrypted inside an offline secure chip and never gets out of it. Keep your precious digital assets safe with D'CENT Wallet. Buy Now!

How do I transfer XRP from Binance? ›

Once you have everything ready, let's get started!
  1. Step 1: Log In to Your Binance Account. ...
  2. Step 2: Navigate to the Withdrawal Page. ...
  3. Step 3: Enter Kraken's XRP Deposit Address. ...
  4. Step 4: Specify the Amount to Transfer. ...
  5. Step 5: Confirm Withdrawal. ...
  6. Step 6: Authenticate the Withdrawal. ...
  7. Step 7: Monitor the Transfer.
Mar 18, 2024

Can you store XRP on a D-Cent wallet? ›

Keep your XRP and Trustline assets safe inside a cold wallet while enjoying a user-friendly experience through a mobile app. Your private keys are encrypted inside an offline secure chip and never gets out of it. Keep your precious digital assets safe with D'CENT Wallet. Buy Now!

How do you use Binance transfer? ›

How to transfer crypto to another Binance user via Binance Pay on the website?
  1. Click [Send].
  2. Select a transfer method (via your payee's registered Binance phone number/email/ BUID), enter the information and click [Continue].
  3. Then, select your preferred crypto, enter the amount you wish to send and click [Continue].
Mar 27, 2023

How do I sell XRP for Fiat on Binance? ›

  1. 1.Enter Amount & Select Payment. Enter the amount, select the available payment method, and choose the account to receive the payment.
  2. 2.Confirm Order. Confirmation of transaction detail information, including trading pair quotes, fees, and other explanatory tips.
  3. 3.Receive Cash.

How do I transfer XRP to another wallet? ›

To send XRP:
  1. Tap the Withdraw button at the Portfolio page. Then, select Send Crypto.
  2. Select your preferred sending option. For external transfers, please ensure that a corresponding destination tag is entered to guarantee a successful transfer. ...
  3. Review your details before confirming the transaction.
Jul 1, 2024

What is XRP address or wallet name? ›

Accounts in the XRP Ledger are identified by an address in the XRP Ledger's base58 format. The address is derived from the account's master public key, which is in turn derived from a secret key. An address is represented as a string in JSON and has the following characteristics: Between 25 and 35 characters in length.

How do you use Binance for the first time? ›

- Visit the Binance website or app and sign up for an account.
  1. - Complete the verification process, which may include providing identification documents, depending on your location and the services you intend to use. ...
  2. - Deposit funds into your Binance account.
Oct 18, 2023

How do you make a transaction with Binance? ›

On mobile, tap the Profile icon (or User Center) and select Pay. From the Funding Wallet page, click on the Pay or Receive tab to access the Binance Pay feature. If using the mobile app, tap the Open Binance Pay button. Follow the prompts to create a unique username and six-digit PIN.

How do I cash out my XRP? ›

XRP withdrawal
  1. Navigate to your Wallet and click the Withdraw button.
  2. Select XRP wallet in the “Withdraw from” field.
  3. Select withdrawal address or add a new withdrawal address. ...
  4. Enter the amount of XRP you wish to withdraw.
  5. Click Review withdraw button.
  6. A confirmation screen will pop up.

Can you still trade XRP on Binance? ›

XRP can also be traded for other cryptocurrencies on the Binance exchange.

How do I transfer XRP to Fiat? ›

Selling XRP for Fiat Currency
  1. Create an account on an exchange that accepts XRP as well as USD. ...
  2. The next step is to deposit the XRP into your exchange wallet. ...
  3. Next comes the selling process. ...
  4. The final step you need to take is to withdraw your fiat currency into your linked bank account.
May 11, 2023

How do I send XRP from Binance to Coinbase? ›

You need to start at your Coinbase account, and find the cryptocurrency you want to transfer, and click on “Receive”. Copy the wallet address generated by Coinbase. Head over to Binance and navigate to “Funds” > “Withdraw Bitcoins”. Follow the prompt and copy the Coinbase wallet address in the “To” field.

How do I convert my XRP to cash? ›

How to sell Ripple
  1. Create your free Kraken account. Verify your details to get started.
  2. Send XRP to your Kraken account. Deposit XRP in your secure Kraken account.
  3. Sell Ripple instantly. Enjoy ultra-fast XRP transactions & withdraws.

Does Binance have an XRP destination tag? ›

When you send XRP from Poloniex to Binance, both exchanges use a shared destination address for incoming XRP deposits. The destination tag is used to identify the specific user or account associated with the transaction within the destination address.

Does Binance wallet support XRP? ›

Binance is a centralized exchange where you can buy several cryptocurrencies including XRP. Before you can use the Binance platform, you'll need to open an account and verify your identification. Choose how you want to buy the XRP asset.

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