Withdrawing funds from your BitInka account is very easy and straightforward. However, just like any other exchanges verification is necessary before you can make a withdrawal. Also, if you wish to withdraw from your local currency, you must first register your bank account.
To help you with the withdrawal process, we have prepared below easy-to-follow steps.
Click this to access the platform.
Log-in with your registered BitInka account.
After logging in, you’ll be routed right away to the Wallet section of the exchange.
To withdraw Bitcoin Cash, click on the ‘Cryptocoins’ tab.
Select the coin to which you want to withdraw your funds from and hit the ‘Withdraw’ button. Enter the amount to be transferred and to which wallet address on the next page. This operation is final so be sure to use the correct crypto-wallet address. Confirmation of this transaction may take up to 24 business hours.
For Fiat money withdrawal, click on the ‘Currency’ tab.
Select the currency or fiat to which you want to make a withdrawal and then click the ‘Withdraw’ button of that currency. On the following page, provide the required information such as the amount to be withdrawn. Confirmation of this transaction will arrive within 24 to 72 hours.
To view your transaction, go to the ‘Withdrawal’ section and choose the Bitcoin Cash or Fiat money that you have withdrawn.
You can acquire funds in your BitBay account through digital currencies like Bitcoin Cash orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.
Here you will find steps that can help you make your first Bitcoin Cash deposit on BitBay.
First off, access the log-in page of the exchange.
Once the log-in page is up, enter your registered email address or username and hit Log In.
Also, type in your chosen password and click Log In.
Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.
After signing in go to the ‘Wallets’ section to start your deposit.
As mentioned, Bitcoin Cash deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.
Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.
For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.
To start, select the currency of your deposit from the left panel. In this example, we are using USD.
Click ‘Wire bank transfer’ on the right section of the page.
The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.
You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.
From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.
Enter the amount of your deposit and click the ‘Deposit’ button.
Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.
You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.
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