Ultimate guide on how to transfer
Bitcoin from Bibox to Private: Simex

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

In Bibox, only cryptocurrencies are allowed (no Fiat money).

We are going to teach you how to withdraw Bitcoin from your Bibox account and here are the steps:

Open the Bibox website – https://www.bibox.com

Log into your account by entering the email and password you registered.

Go to “Assets” located at the top bar beside your profile.

 

From the Assets page, go to the “Withdraw” section. Select your Bitcoin and enter the required details such as the amount and the withdrawal address. Pay attention to the wallet address that you’re copying as processed Bitcoin withdrawals can no longer be reverted. If you transact with the wrong one, you will lose your money permanently. Click the Withdraw Bitcoin button to continue.

 

To check on the status of the withdrawal transaction that you just made, go to the “Withdrawal” section.

 

Awesome! You have just successfully withdrawn Bitcoin from your Bibox account.

Step by step guide on how to deposit Bitcoin on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Bitcoin to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Bitcoin to your Simex account

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

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Bitcoin to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Bitcoin.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Bitcoin to your Simex 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.