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:
Go to https://simex.global/en and log into your account
Select “Withdraw” from the Finance tab.
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.
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.
As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Bitcoin Cash, both process is easy to initiate and complete.
If you wonder how to do this, you can quickly go through the steps below.
To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.
Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.
Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Bitcoin Cash as your deposit.
Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Bitcoin Cash deposits 24/7.
Note: For more info about Bitcoin Cash deposits you can check Coinfloor’s support page here.
Just like Bitcoin Cash deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.
When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.
The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.
Note: For more info regarding Fiat deposits (including fees), feel free to check this link.
To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.
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