Updated 2026-10-31 · 7 min read · Guide

Deposit XRP from NDAX and CoinSpot to XORA (2026)

By XORA · Published · Updated

How to send XRP from NDAX (Canada) or CoinSpot (Australia) to XORA: native XRPL network, Destination Tag, 10 XRP test send, and up to 22% APY value.

Short answer

Open XORA at /app#deposit-xrp, copy BOTH XORA's shared XRP Ledger treasury address (rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o) AND your unique numeric Destination Tag, and paste both into NDAX or CoinSpot on the native XRP Ledger network. NDAX (National Digital Asset Exchange) in Canada and CoinSpot in Australia are leading CAD Interac e-Transfer and AUD PayID on-ramps for retail XRP holders. Critically, CoinSpot also offers BSC/BEP20 network toggles on certain withdrawals, while NDAX charges a flat XRP withdrawal fee: you must select the native XRP Ledger (XRPL) network and include your exact numeric Destination Tag so funds credit automatically. Always send a 10 XRP test transfer first (~4-second XRPL settlement after broadcast, $0 XORA deposit fee). Eligible Tier 1 XRP balances from 0 to 1,000 XRP earn up to 22% variable APY value (15% native XRP yield plus 7% estimated XORA reward value), and native XRPL RLUSD quotes up to 17% variable APY value where enabled. Model returns in /xrp-yield-calculator and check treasury verification at /security. Rates are variable and not guaranteed. XORA is custodial, not a bank, and not FDIC, SIPC, CDIC, or FCS insured.

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Why Canadian and Australian XRP holders transfer from NDAX and CoinSpot

In Canada, domestic CSA regulatory restrictions eliminated yield and earn programs across local exchanges like NDAX, leaving CAD-funded XRP sitting at 0% spot return. In Australia, CoinSpot provides instant AUD PayID liquidity for XRP buyers without native high-yield XRP compounding accounts. Transferring XRP to XORA unlocks liquid daily compounding: up to 22% variable APY value on Tier 1 balances from 0 to 1,000 XRP (15% native XRP yield plus 7% estimated XORA reward value), with no fixed lock-up terms.

Network selection on CoinSpot and flat fee awareness on NDAX

CoinSpot supports multi-network withdrawals on several assets; always verify you are sending over the native XRP Ledger (XRPL) to XORA's r-address (rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o) and never BEP20. On NDAX, XRP withdrawals run natively on XRPL with a flat exchange withdrawal fee (check NDAX's live fee schedule before sending tiny amounts, and still send a 10 XRP test transfer above NDAX's minimum withdrawal threshold). XORA charges $0 on incoming XRP deposits.

Mandatory numeric Destination Tag and email confirmation

Both NDAX and CoinSpot display a dedicated Destination Tag field alongside the recipient XRP wallet address, and both send an outbound email confirmation link after 2FA submission before broadcasting the withdrawal on-chain. Copy your exact numeric Destination Tag from /app#deposit-xrp, paste it without spaces, and click the confirmation email link promptly so the exchange releases the transaction.

FINTRAC and AUSTRAC Travel Rule metadata prompts

Canadian (FINTRAC) and Australian (AUSTRAC) exchanges collect beneficiary Travel Rule metadata on external transfers above statutory thresholds. Complete the recipient prompt accurately inside NDAX or CoinSpot, or withdraw first to your personal self-custody XRPL wallet (leaving at least 1 XRP base reserve) and forward on-chain to XORA in approximately 4 seconds.

Custodial disclosures, finite bootstrap subsidy, and recovery support

XORA is an international custodial XRP neobank, not a chartered bank or CDIC/FCS-insured depository institution, and balances carry custodial counterparty risk. Native XRP yield is supported during bootstrap by a finite protocol treasury subsidy that steps down as deposits scale. If you accidentally send native XRP without a Destination Tag, copy the 64-character XRPL transaction hash from NDAX or CoinSpot and email hello@xora.finance for manual recovery.

NDAX and CoinSpot vs XORA XRP transfer parameters

ParameterNDAX (CAD) / CoinSpot (AUD)XORA Custodial AccountVerification Rule
Native XRP yield0% spot holding on local exchangeUp to 22% APY value on 0 to 1,000 XRP15% native XRP + 7% est. XORA reward value
Supported chainXRPL (avoid BEP20 on multi-chain UI)Native XRP Ledger (XRPL) onlyConfirm r-address + native XRPL network
Destination TagDedicated Destination Tag inputMandatory unique numeric Destination TagPaste exact digits from /app#deposit-xrp
Exchange release2FA + mandatory email link approvalAuto-credits ~4s after XRPL broadcastClick confirmation email after 10 XRP test
Withdrawal / deposit feeFlat XRP network fee (check schedule)$0 XORA incoming deposit feeVerify minimum send amount on NDAX/CoinSpot
Select native XRP Ledger (not BEP20) and include your Destination Tag

When withdrawing from CoinSpot or NDAX, verify that the network is set to native XRP Ledger (XRPL) and never BNB Smart Chain (BEP20). Paste XORA's r-address (rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o) AND your personal numeric Destination Tag from /app#deposit-xrp; omitting the tag or using a non-XRPL chain prevents automatic crediting.

Checklist

  1. Open Deposit XRP in XORA and copy both XORA's XRPL address rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o and your numeric Destination Tag.
  2. In NDAX or CoinSpot, open your XRP wallet, choose Send/Withdraw, and ensure the native XRP Ledger (XRPL) network is selected.
  3. Paste rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o into the address field and paste your exact numeric Destination Tag into the Destination Tag field.
  4. Submit a 10 XRP test withdrawal first, enter your 2FA code, and click the outbound confirmation link sent to your NDAX or CoinSpot email.
  5. Verify the 10 XRP balance arrives in XORA (~4 seconds after on-chain broadcast) before transferring larger XRP holdings.

Frequently Asked Questions

Do NDAX and CoinSpot require a Destination Tag to send XRP to XORA?

Yes. XORA uses a shared XRPL treasury address (rhbErkS2d4H82tRbdGyFkhhc4LNtjKaC3o) and credits individual accounts via each user's unique numeric Destination Tag. Always enter your exact Destination Tag in NDAX or CoinSpot.

Can I use BSC / BEP20 when withdrawing XRP from CoinSpot to XORA?

No. XORA accepts XRP exclusively on the native XRP Ledger (XRPL) mainnet. Sending wrapped BEP20 tokens to an XRPL address will not credit your XORA account. Always select native XRP / XRPL.

Why hasn't my NDAX or CoinSpot XRP withdrawal arrived after 1 minute?

Both NDAX and CoinSpot hold outbound crypto withdrawals in a pending state until you click the confirmation link emailed to your registered inbox. Once confirmed and broadcast on-chain, XRPL settlement takes roughly 4 seconds.

Are there lock-ups once my XRP arrives on XORA from Canada or Australia?

No. XORA accounts have no fixed lock-up terms; yield accrues daily on eligible balances, and you can withdraw XRP back to an external XRPL address at any time subject to standard security checks.

What if I sent XRP from NDAX or CoinSpot without a Destination Tag?

Open your NDAX or CoinSpot withdrawal receipt, copy the 64-character XRPL transaction hash (txid), and email hello@xora.finance with the txid and transfer amount so support can manually verify and credit your account.

Sources

Next

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

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