Ultimate guide on how to transfer
Bitcoin Cash from Private: Simex to Bitbank

Step by step guide on how to withdraw Bitcoin Cash from your account on Simex

Simex is a user-friendly exchange platform that allows both Fiat and crypto-to-crypto transactions.

Here are the steps on how to process Bitcoin Cash withdrawal from Simex:

  1. Withdrawing Fiat money from Simex
  2. Withdrawing Bitcoin Cash from Simex

Go to https://simex.global/en and log into your account

Select “Withdraw” from the Finance tab.

1. How to withdraw Fiat money from your account on Simex

To withdraw funds, update your bank details first in your “Withdraw Accounts” page.

From the “Withdraw” page, select the financial account you wish to withdraw funds from. Enter the amount you want to withdraw, and select the method you wish to use. Once done, click the “Next” button.

For RUB, Visa & MasterCard debit cards, Yandex, Money, Webmoney RUR are allowed and for USD, Wire Transfer is offered.

Withdrawal requests are processed within 24 hours. Funds transfer to your bank debit card may take up to 5 business days.

Good job! You have just withdrawn Fiat money from your account.

 

2. How to withdraw Bitcoin Cash from your account on Simex

Open the “Withdraw” page in your Finances tab, and choose the financial account you wish to withdraw funds from.

Enter the desired sum you want to withdraw. Select the method you prefer to use to complete the withdrawal and press the “Next” button.

Digital wallets are processed online in real time, unlike Fiat money which takes up to five business days.

Congratulations! You have successfully withdrawn Bitcoin Cash from your account.

Step by step overview on how to deposit Bitcoin Cash on Bitbank

Bitbank is a Japanese exchange where cryptocurrencies like Bitcoin Cash and Fiat money are being offered. Please be advised that for Fiat money deposit, the only available currency is Japanese YEN.

Additionally, the website could be a challenge to navigate as it doesn’t have any option for an English translation, however, we were able to gather these steps to help you deposit Bitcoin Cash on Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.

  1. Deposit Bitcoin Cash on Bitbank
  2. Deposit Fiat money on Bitbank

Click here to open the exchange site and click on “Login.”

After logging in, enter your email address and password. Click on “Login” to continue.

We are using Bitbank’s mobile version here. Click on the main menu at the upper-right hand portion of the page.

Click on the Fifth option from the top which is “Deposit.”

1. Deposit Bitcoin Cash on Bitbank

To deposit cryptocurrencies like Bitcoin Cash on Bitbank, select on “deposit” next to your preferred Bitcoin Cash.

Attach the wallet address or scan the QR code to generate a new one. Make sure the correct address is used in processing your deposit transaction to avoid losing funds.

Nice! You have added Bitcoin Cash on your Bitbank account. 

2. Deposit Fiat money on Bitbank

Japanese YEN is the only available currency should you opt to fund Fiat money on Bitbank. Click on “deposit” next to the currency from the list.

The deposit number is your customer ID. Scroll down the page and check the “Name of client requiring payment” stated in the middle of the screen. Follow the instructions provided by the system and fill out the needed information required for you to continue depositing Japanese YEN on your account.

Note: The process of name transfer varies depending on the financial institution.

You did it! You have added Fiat money on your Bitbank account. 

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