Updated 2026-10-31 · 5 min read · Guide

How to Deposit XRP from Bitbuy and Swyftx to XORA (2026)

By XORA · Published · Updated

Withdraw XRP from Bitbuy in Canada and Swyftx in Australia to XORA: fund via CAD Interac or AUD PayID, attach your numeric tag, and test 10 XRP.

Short answer

Bitbuy (regulated by CIRO and registered with FINTRAC in Canada) and Swyftx (AUSTRAC-registered in Australia) pair instant CAD Interac e-Transfer and AUD PayID / Osko bank rails with native XRP Ledger withdrawals. Copy XORA's XRPL address and your unique numeric Destination Tag, complete Travel Rule prompts accurately, and send a 10 XRP test transfer first.

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Direct rails: XRP · RLUSD · BTC · XLM · TRX · RLUSD on XRPL

CAD Interac e-Transfer on Bitbuy and AUD PayID on Swyftx

Canadian holders fund Bitbuy in CAD via Interac e-Transfer or wire, while Australian holders fund Swyftx in AUD via PayID / Osko (noting that major Australian banks can apply 24-hour holds on first-time crypto exchange transfers). After buying XRP, open /app#deposit-xrp in XORA and copy XORA's XRPL deposit address plus your unique numeric Destination Tag.

FINTRAC and AUSTRAC Travel Rule checks and network verification

On Bitbuy or Swyftx, select Withdraw XRP, verify the network is native XRP Ledger (never BEP-20 on Swyftx), and enter both XORA's XRPL r-address and your numeric Destination Tag. Answer FINTRAC or AUSTRAC Travel Rule beneficiary prompts truthfully as an external custodial platform, or withdraw to your personal Ledger or Xaman XRPL wallet first (retaining 1 XRP for the XRPL base reserve) and forward native XRP to XORA with your numeric Destination Tag.

10 XRP test transfer, CRA and ATO records, and risk disclosures

Send a 10 XRP test transfer first (~4 seconds XRPL finality after broadcast, < $0.01 on-ledger fee) and confirm credit inside XORA before moving full CAD or AUD allocations. Retain CAD adjusted-cost-base (CRA) or AUD CGT / ordinary-income (ATO) logs. XORA quotes up to 22% variable XRP Tier 1 APY value (0 to 1,000 XRP) and up to 17% on native XRPL RLUSD where enabled; rates are variable, not guaranteed, and XORA is custodial and not CDIC, CIPF, FCS, FDIC, or SIPC insured.

Bitbuy and Swyftx to XORA XRP transfer overview

ItemBitbuy (Canada CAD)Swyftx (Australia AUD)XORA requirement
Required networkXRP Ledger (XRPL) nativeXRP Ledger (never BEP-20)XRP Ledger mainnet only
Local fiat railInterac e-Transfer / CAD wirePayID / Osko AUD transferOn-chain XRP only
Destination TagMandatory Destination Tag fieldMandatory Tag / Memo fieldMandatory unique numeric tag
Recommended first send10 XRP test transfer10 XRP test transferConfirm credit before scaling
Select native XRP Ledger and include your numeric Destination Tag

Bitbuy requires native XRPL routing and Swyftx supports multiple networks on select assets; always choose XRP Ledger (XRPL) and paste both rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o and your numeric Destination Tag.

Checklist

  1. Open /app#deposit-xrp in XORA and copy XORA's XRPL deposit address and your unique numeric Destination Tag.
  2. Sign in to Bitbuy (Canada) or Swyftx (Australia) and open your XRP withdrawal screen.
  3. Select native XRP Ledger (XRPL) as the network and never select BEP-20 or bridged chains.
  4. Paste XORA's XRPL r-address and your numeric Destination Tag, completing FINTRAC / AUSTRAC Travel Rule prompts truthfully.
  5. Approve a 10 XRP test transfer with 2FA / biometric confirmation and verify credit in XORA (~4 seconds after broadcast).
  6. Send the remainder of your XRP balance only after confirming the 10 XRP test in XORA.

Frequently Asked Questions

Does Swyftx support multiple networks when withdrawing XRP?

Check the network selector carefully on Swyftx and always pick native XRP Ledger (XRPL); wrapped BEP-20 tokens sent to an XRPL address or wrong chain cannot be credited automatically by XORA.

How do I answer FINTRAC Travel Rule prompts on Bitbuy?

For external crypto withdrawals in Canada (especially transfers at or above CAD 1,000 under FINTRAC Travel Rule requirements), identify XORA truthfully as an external custodial crypto service provider, or withdraw to your personal Ledger or Xaman XRPL wallet first and forward native XRP to XORA with your numeric Destination Tag.

Why did my Australian bank hold my first AUD PayID transfer to Swyftx?

Several major Australian retail banks place automated 24-hour anti-scam cooling-off holds on first-time transfers to AUSTRAC-registered crypto exchanges; once cleared on Swyftx, outbound XRPL withdrawals to XORA settle in ~4 seconds after broadcast.

Are XORA balances covered by Canadian CIPF/CDIC or Australian FCS?

No. XORA is a custodial crypto neobank, not a Canadian CIRO dealer or Australian ADI bank, and balances are not insured by CDIC, CIPF, FCS, FDIC, or SIPC. Rates are variable and not guaranteed.

Sources

Next

Open /app#deposit-xrp, copy XORA's XRPL address and your numeric Destination Tag, and send a 10 XRP test transfer on native XRPL first. Rates are variable and not guaranteed. XORA is custodial, not a bank, and not CDIC, CIPF, FCS, FDIC, or SIPC insured.

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