The same thing with deposits, only Bitcoin withdrawal is available at BitMEX. Additionally, the exchange does not charge any withdrawal fee, and it only takes a few minutes to complete the process. Anyone will surely have ease and comfort in making his first withdrawal at BitMEX.
To help you, especially beginners process a withdrawal on BitMEX, we have compiled easy-to-follow steps below.
Click this to open the log-in page.
Once you’re on the Log-in screen, key in your email, password and the 6-digit authentication code if you have an active 2FA on your BitMEX account. To continue, hit the Login button.
Start your withdrawal by clicking the Account tab at the top of the page.
You can either click the Withdraw button on the left panel or the one at the center.
Provide the receiving or destination address and make sure that you enter it correctly. Type in the amount that you’re going to withdraw, the Bitcoin Network fee, and the 2FA code. Review everything before confirming. If you agree and whenever you are ready you can go ahead and hit the ‘Submit’ button. BitMEX’s cutoff time for the withdrawal is 13:00 UTC. So if you want inclusion of your withdrawal activity in the day’s batch, be sure to process before that time.
To view your withdrawal transaction, you can go to your Account page and scroll down to the Transaction History.
You can also check your Withdrawal History from the Withdraw page.
At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Augur (REP) or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.
This guide will help any individual make his/her first deposit on Bitfinex a success.
Click this link to access the exchange site.
Log-in using your registered account. Make sure to copy the Captcha text.
Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.
After logging in click the Deposit tab on the top of the page.
Depositing Augur (REP) does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.
From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.
Read the guidelines on the screen especially regarding the fees before proceeding.
After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.
Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).
Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.
To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.
If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.
Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.
You can check your deposit transaction on the Deposit section under Recent Deposits.
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