All opinions Top Picks Most Discussed Crypto Premium Traders API
strong buy
XRP

How to Properly Withdraw XRP to Binance Requiring Destination Tags

I'm referring to XRP; it appears that Binance may have reused or misconfigured a message intended for ARDR deposits, which utilize 'message' fields, and displayed it erroneously on the XRP deposit page. I've reached out to Binance to request a correction for this issue.

Additionally, Binance requires a destination tag along with the XRP deposit address. This raises a question: how can I withdraw XRP to an exchange like Binance that mandates the inclusion of a destination tag?
Source available for registered users Sign Up Free

AI Analysis

The issue of deposit misconfiguration on Binance highlights the importance of understanding the specific requirements for cryptocurrency withdrawals, especially for XRP, which uniquely necessitates a ...

AI Recommendation

My advice is to wait for Binance to fix the deposit page to remove any confusion caused by misconfigured messages. Meanwhile, if you need to withdraw XRP to Binance, ensure you include the correct des...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

strong buy
XRP

XRP Short Liquidation at $2.77: A Sign of Market Shift

This analysis covers the liquidation of a $76K short position on XRP at $2.77, reflecting a potential market rebound or reversal in XRP price movements, and underscores significant trading activity on Binance.
Read full + analytics
partial buy
XRP

XRP Liquidity Trigger: $55K Liquidation at $2.7118

An analysis of XRP's recent market drop leading to a $55,000 long liquidation at $2.7118, highlighting the risks of volatile cryptocurrency trading.
Read full + analytics
wait
XRP

XRP Liquidation at $2.7196 Amid Trading Volatility

This analysis discusses the recent liquidation of a $81K XRP long position at $2.7196, emphasizing the high volatility and trading risks in the XRP market.
Read full + analytics
n/a
XRP

XRP Liquidation Indicates Market Volatility and Risks for Traders

A recent XRP trading position was liquidated at $63,000 due to market volatility, underscoring the risks in crypto trading.
Read full + analytics
don't buy
XRP

XRP Trader Liquidates Long Position at $2.7426 Amid $150K Exposure

A major XRP long position of $150K was liquidated at $2.7426, indicating a strategic shift in market stance and risk management for XRP traders.
Read full + analytics
trade
XRP

XRP Short Liquidation Gains Momentum

I liquidated my short position on XRP at $2.7854, gaining $69K, signaling a potential bullish move for XRP.
Read full + analytics
n/a
XRP

XRP Liquidation at $2.74: A Warning for Crypto Traders

Crypto trader liquidates $62K long position in XRP at $2.74, emphasizing XRP's high volatility and risks for leveraged traders.
Read full + analytics
strong buy
XRP

XRP Liquidity Shift Signals Bullish Turn

My recent liquidation of XRP short positions at $2.8010 indicates a shift in market sentiment, hinting at bullish momentum for Ripple. This move reflects confidence in XRP's potential to rise further, making it a key observation for crypto traders.
Read full + analytics
short
XRP

XRP Short Liquidation at $2.7726 Signals Possible Uptrend

A significant short position on XRP was liquidated at $2.7726 on Binance, suggesting a potential bullish trend in XRP cryptocurrency. This analysis explores the implications of this market move.
Read full + analytics
hold
XRP

XRP Long Liquidation Signals Potential Market Reversal

XRP's recent long liquidation signals a possible shift in market momentum and warrants close attention for traders involved in XRP trading on Binance.
Read full + analytics