Ultimate guide on how to transfer
Bitcoin from Allcoin to Bitfinex

Step by step overview on how to withdraw Bitcoin from Allcoin

Making withdrawals from your funded Allcoin account is simple. You can withdraw crypto Bitcoin, depending on what you have saved.

Let’s check these steps to help you withdraw funds from your Allcoin account:

  1. Withdraw Bitcoin from Allcoin

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

 

You have different options for logging in, depending on what you used when you registered your Allcoin account. Click on “Log in” to proceed.

 

Once you’re logged  in, go to “Balances”.

1. Withdraw Bitcoin from Allcoin

To withdraw cryptocurrencies on Allcoin like Bitcoin, select your desired Bitcoin first by manually scrolling down the list or typing it in the Search box. Once you’ve selected your Bitcoin, click on “Withdrawal” in-line with it.

 

Enter the address and the amount you wish to withdraw. You also have the option to add a new address when needed. Remember to double check your wallet address as processed transactions can no longer be reverted and funds would end up missing if an incorrect one is used. Click on “Confirm” to continue.

 

Wow! You have successfully withdrawn Bitcoin from your Allcoin account. 

 

Step by step overview on how to deposit Bitcoin on Bitfinex

At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Bitcoin 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.

  1. Deposit Bitcoin on Bitfinex
  2. Deposit Fiat money on Bitfinex

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.

1. Deposit Bitcoin on your Bitfinex account

Depositing Bitcoin 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.

Perfect! You have deposited Bitcoin on your Bitfinex account. 

 

2. Deposit Fiat money on 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.

Great job! You have effortlessly funded Bitcoin on your Bitfinex account.

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