You can send the Ripple (XRP) in your Paribu account to another platform, an independent wallet, or a Paribu user. For XRP transfers, if the recipient has a Memo value, this field is mandatory; for withdrawals made without a tag, your assets may not reach the recipient account.
How is Ripple (XRP) withdrawn?
To withdraw XRP on the Paribu app, tap the Send button on the Wallet tab and choose XRP among your assets. After selecting your destination, enter the recipient address and the recipient's Memo value, set the amount, and confirm the transaction on the summary screen. The transaction is completed within a few seconds over the Ripple network.
Before you start
- You must have completed your account verification
- Under legal regulations, at least 48 hours must have passed since the purchase or deposit of XRP (72 hours for the first withdrawal)
- You must have obtained the recipient's Memo value beforehand
Withdraw Ripple (XRP)
- Tap the Send button on the Wallet tab
- Select XRP among your assets
- On the Where are you sending to? screen, select your destination: To a Paribu user, To another platform, or Independent wallet
- Enter, paste, or scan a QR code for the withdrawal address
- Check that Ripple (XRP) is selected as the network
- Enter the recipient's memo value in the Memo field
- Enter the amount you want to send
- Review the recipient address, memo, network, amount, and Network withdrawal fee on the summary screen; tap the Withdraw XRP button
- Complete the Travel Rule information entry and confirm the transaction with your authentication method
Warning: If the recipient has a Memo value, this field must be filled in. For withdrawals made without a memo or with an incorrect memo, your assets may not reach the recipient account.
Memo entry
For XRP withdrawals, in addition to the recipient's wallet address, the Memo value also needs to be entered. This field is shown automatically below the address field on the withdrawal screen.
You can find the memo value from the recipient platform or wallet. Enter the memo value shown alongside the address on the recipient's deposit screen into the withdrawal screen.
Note: Some independent wallets may not require a memo. If the recipient wallet does not request a memo, you can leave this field empty. For exchange and platform transfers, a memo is generally mandatory.
For details, see the article What is memo / tag?.
Ripple network details
XRP can only be withdrawn over the Ripple network. Network details:
- Network: Ripple (XRP)
- Estimated time: ~5 seconds
- Network withdrawal fee: Shown on the withdrawal and summary screens
- Memo: Mandatory (if required by recipient)
Note: The network withdrawal fee is charged not by Paribu but by the blockchain network; you can see the amount in the Network withdrawal fee row on the summary screen. No network withdrawal fee is applied for transfers to Paribu users.
Important information
- For XRP withdrawals, if the recipient has a Memo value, this field must be filled in
- Transfers to Paribu users are completed instantly with no network fee
- Under legal regulations, withdrawals cannot be made before at least 48 hours have passed since the purchase or deposit of XRP; on the first withdrawal this period is applied as 72 hours
- The transaction is generally completed within a few seconds over the Ripple network
- Confirmed transactions cannot be canceled or reversed
- You can track the status of your transfer on the blockchain with your TX code
- Crypto withdrawals cannot be made for 48 hours after a password or email change
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