Ultimate guide on how to transfer
Bancor (BNT) from Bitfinex to Binance

Step by step overview on how to withdraw Bancor (BNT) from Bitfinex

After a couple of trading activities on Bitfinex, you may now go ahead and make your first Bancor (BNT) 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.

  1. Withdraw Bancor (BNT) from Bitfinex
  2. Withdraw Fiat money from Bitfinex

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.

1. Withdraw Bancor (BNT) from your Bitfinex account

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.

Great work! You have successfully withdrawn Bancor (BNT) from Bitfinex.

 

2. Withdraw Fiat money from your Bitfinex account

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If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days).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.

Congratulations! You have made your first Bancor (BNT) withdrawal from Bitfinex.

Step by step overview on how to deposit Bancor (BNT) on Binance

Adding funds into your Binance account can be done by depositing crypto and fiat money . After making sure that your Binance account is safe to use and is fully verified, you can proceed with performing deposit transactions.

Here, you will find steps that you can follow in funding your Binance account.

  1. Deposit Bancor (BNT) on Binance
  2. Deposit Fiat money on Binance

Click this to access the platform.

Once the site is up, log-in with your registered account and enter the 2FA verification code.

1. Deposit Bancor (BNT) on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

 

Select your Bancor (BNT). You can directly type it in the box so you don’t have to go through the entire list then click on Deposit. We are using BTC in this example.

 

You will be given the wallet address which you can copy to continue depositing. Make sure you are copying the correct one as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.

To check pending and all transactions, go to “Deposit Withdraw History.”

Way to go! You have funded Bancor (BNT) on your Binance account.

2. Deposit Fiat money on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

Click on the Deposit button.

Select currency and payment method. Then click Continue. Follow the succeeding instructions to complete your deposit.

Good job! You have funded fiat on your Binance account.

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.