After a couple of trading activities on Bitfinex, you may now go ahead and make your first Augur (REP) withdrawal. Whether it’s a Fiat or cryptocurrency withdrawal, the process outlined by Bitfinex is straightforward, and anybody can do it even beginners. Take note though that only verified users can make a Fiat money withdrawal.
To help you achieve your first withdrawal, we have prepared this guide for you to follow.
To start, open the Bitfinex site through this link.
Log-in with the email address and password you used during registration, enter the Captcha text and click Log in.
For 2FA enabled account, enter the 6-digit code from the authenticator app and hit Authenticate.
Go to the ‘Withdraw’ section to start the activity.
From the Withdraw page select which cryptocurrency you would like to get the funds from under the ‘Cryptocurrencies’ panel.
Enter the receiving wallet address, the amount you want to send, the sending wallet and your Note if any. Tick the small boxes to confirm that you wish to add a note for this transaction and that you have understood all the terms and conditions. Click the ‘Request Withdrawal’ button to proceed. Also before sending the request, a ‘Receive Amount’ field will show which tells you the total amount you will receive less the Tx Fee. This action usually takes up to 12 hours to complete.
For you to withdraw Fiat money from your Bitfinex account, go to the ‘Withdraw’ section and select the currency you wish to take the funds from under Bank Wire. On the next page, fill in your wire information such as name, address and bank details.
If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days). Whereas if it’s an ‘Express Withdrawal’ the fee is 1% and with a processing time of 24 hours or 1 business day.
You can check the withdrawal that you’ve just made from the ‘Withdraw’ page under the ‘Recent Withdrawals’ section.
Unlike other exchanges, BitMEX only accepts Bitcoin deposits. You have the option to exchange your local currency into Bitcoin at any known exchanges like Bitstamp, Coinbase, and OKCoin. There is no deposit fee on BitMEX.
To help you process your first deposit on BitMEX, we have compiled helpful steps that are easy to follow.
To start, go to the BitMEX log-in page by clicking this link.
On the log-in screen, enter your registered email address, password and two-factor authentication code if 2FA is active on your BitMEX account. Click the login button to continue.
Go to your ‘Account’ page by clicking the Account tab.
Click the ‘Deposit’ button to proceed to the next page.
Here, you will see your personal Multisignature Bitcoin Deposit Address. You can send your deposit either by copying the address or by scanning the QR code. As previously mentioned BitMEX only allows Bitcoin deposits. So deposits of any unsupported coins will be invalid. Crediting of your deposit will happen after receiving one confirmation from the Bitcoin network.
To check your deposit activity, you can go to your Account page and look for the Transaction History section.
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