How to Deposit XRP to Binance? Complete Guide to Address and Network Verification
Depositing XRP to Binance requires you to fill in both the address and the Tag (also called Memo) correctly, neither can be omitted. Think of the address as the building street number, and the Tag as your specific room number: Binance uses a single shared XRP address to receive deposits from all users, and relies on the unique Tag to allocate funds to the correct user account.
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1. Prerequisite: Understand the two XRP address formats
XRP has two standard address formats, which determine whether you need to enter a separate Tag when sending funds:
| Address Format | Features | Tag Requirement |
|---|---|---|
| Classic r-address | Starts with the letter r, example: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh | Must enter a separate Tag |
| X-address | Starts with the letter X, the Tag is fully embedded inside the address | No separate Tag required |
Most crypto exchanges and wallets still use the classic r-address format at present, so you will need to copy both the address and matching Tag. If the receiving platform provides an X-address, you can copy the full address directly with no extra Tag entry needed.
2. Step 1: Get your Binance XRP deposit address and Tag
Log into your Binance account, navigate to [Wallets] → [Spot Wallet].
Operation Steps:
Click [Deposit], then select XRP from the list of supported cryptocurrencies
The system will display two critical pieces of information: your XRP deposit address (the classic r-address starting with r) and your XRP deposit Tag (a 9-digit numeric string)
Copy both the address and Tag, and store them securely
Completion Check: You now have the full valid XRP deposit information: address + Tag.
3. Step 2: Initiate the withdrawal from your XRP holding platform
Open the platform or wallet where you currently hold XRP, and locate the [Withdraw] or [Send Crypto] function.
Key Operations:
Paste the XRP deposit address you copied from Binance
In the "Tag/Memo" or "Destination Tag" input field, paste the Tag you copied from Binance
Confirm the selected withdrawal network is the native XRP (Ripple) network
Scenario A: Your withdrawal platform supports Tag input — simply paste the copied Tag directly.
Scenario B: Your withdrawal platform uses the X-address format — if the destination address starts with X, the Tag is already embedded, no separate Tag entry is required.
Completion Check: Both the XRP address and Tag are correctly filled on the withdrawal page, and the selected network is confirmed as XRP/Ripple.
Common Reasons for Failed Deposits: Missing Tag — if you only enter the address and omit the Tag, the deposit will not be credited automatically. Incorrect Tag — if you enter an invalid wrong number, your funds may be allocated to another user's account. Wrong network selection — if you select XRP on other networks (such as ERC20 wrapped wXRP) and send it to Binance's native XRP address, your funds will be permanently lost.
4. Step 3: Wait for deposit confirmation and crediting
XRP transfers are extremely fast, and are usually credited to your Binance account within 1-5 minutes. You can check the progress of your transfer in the [Deposit History] section of your Binance wallet. A "Deposit Successful" status means the funds are fully available for trading and further withdrawals.
5. What to do if you forgot to enter the Tag
If you accidentally omitted or entered the wrong Tag, your funds will not be automatically credited, but you can attempt to retrieve them via Binance's self-service appeal function.
Recovery Process:
Log into your Binance account, and locate the "Missing/Incorrect Tag/Memo Deposit Recovery Application" entry
Provide the transaction hash (TxID) of this deposit, the system will automatically pre-fill the relevant cryptocurrency and deposit amount
Submit your application and wait for processing, which usually takes 7 or more working days
Binance charges a processing fee (usually equal to 5 times the standard transaction fee of the XRP network). If the remaining amount after deducting the processing fee is lower than the minimum withdrawal threshold for XRP, Binance will not be able to assist with the recovery.
Risk Reminder: If the incorrect or missing Tag you used happens to match a valid existing Binance user's Tag, the funds may have already been credited to that user's account — in this scenario, Binance cannot force the third party to return the funds.
FAQ
Q: Is the Tag mandatory for depositing XRP to Binance? Yes. Binance uses a shared wallet address to receive all XRP deposits, and the Tag is the only unique identifier to allocate funds to different user accounts. The Tag is usually a 9-digit numeric string.
Q: Why are there two different XRP address formats? The classic r-address (starts with r) is the traditional format of the XRP ledger that requires a matching Tag to work properly. The X-address (starts with X) is a newer format that encodes the Tag information directly into the address, reducing the chance of user operation errors.
Q: What should I do if my withdrawal platform only supports address input and has no Tag input field? This usually means the withdrawal platform does not support transfers to addresses that require a Tag, or it uses the X-address format natively. We recommend contacting the customer support of your withdrawal platform for confirmation first.
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New user benefit: Enjoy 20% off trading fees upon registration!
Next Steps
Open the Binance App or web platform, navigate to the XRP deposit page, and copy your unique address and Tag. We strongly recommend completing a small test deposit first (for example, no more than 10 XRP) to confirm successful crediting before transferring larger amounts. Save your XRP Tag in a secure location for future deposits, so you do not need to re-copy it each time. If you do not yet have a Binance account, you can use the referral code FYLK9104 during registration.
