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What is the best way to transfer XRP from Poloniex to Binance?

avatarSawan MuthuharaDec 17, 2021 · 3 years ago3 answers

I need to transfer XRP from my Poloniex account to Binance. What is the most efficient and secure method to do this transfer?

What is the best way to transfer XRP from Poloniex to Binance?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The best way to transfer XRP from Poloniex to Binance is by using the XRP Ledger address. First, generate a new XRP Ledger address on Binance. Then, go to your Poloniex account and withdraw XRP to the generated address on Binance. Make sure to double-check the address to avoid any mistakes. This method ensures a direct transfer between the two exchanges, minimizing the transfer time and potential fees.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for a quick and easy way to transfer XRP from Poloniex to Binance, you can use a third-party wallet that supports both exchanges. Simply withdraw your XRP from Poloniex to the wallet and then deposit it into Binance. This method may involve additional fees and could take longer than a direct transfer, but it provides more flexibility and control over your funds.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we recommend using the XRP Ledger address method for transferring XRP from Poloniex to Binance. It's a secure and efficient way to ensure a direct transfer between the two exchanges. Remember to always verify the address before initiating the transfer to avoid any potential issues. If you have any further questions, feel free to reach out to our support team for assistance.