- Every Ripple address generated is for one-time use only. Do not use the address for multiple deposits, always make a new deposit request when depositing.
- Ripple deposits need 3-6 confirmations to be processed, which may take up to 1-3 hours for your deposit to be completed.
- There is a 2.5% deposit fee applies when depositing via Ripple.
Let’s go through the process:
>Select the Funding tab from your Dashboard and tap Add Funds.
> Choose Ripple as the Deposit Type.
> Select the Wallet.
> Insert your desired deposit Amount.
> Tap Deposit.
> A Ripple address will be generated for you.
> You will need to scan the QR Code on your wallet provider’s account or copy the address to your Wallet Provider to send the funds.
> If you have copied the Ripple address, you will need to provide this to your wallet provider, typically on the Send or Withdraw tab, depending on your provider.
> If you have scanned the QR code on your wallet provider’s account, the funds should automatically be sent.
> You are able to identify if the funds have been sent correctly by checking the status of your deposit from the Funding tab. If the status appears as WAITING CONFIRMATION, this means that the funds are processing on the network.