To withdraw Bitcoin from BitBay, one must have a verified account first. Either, you take out some Bitcoin or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.
Today, we will show you how to withdraw Bitcoin from your BitBay account with ease and comfort.
Let’s log-in to your account first by going to the log-in page.
Type in your registered email address and click Log In.
Next, enter your password on the field provided and hit Log In again.
If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.
Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.
To withdraw Bitcoin from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.
Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.
If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.
Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.
On the next page, click on Bank transfer.
Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.
The system will send an authorization code to your email. Open your email to retrieve this code.
Copy the authorization code from the email just like the one you see below.
Paste the code on the box and hit Confirm. The transfer may take up to two business days.
There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.
To do this select PLN from the list of currencies and click ATM withdrawal.
Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.
Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.
Note: SMS code is only valid for 48 hours.
To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.
Bithumb only accepts Fiat currency (KRW) deposits from Korean residents. Other users have the option to deposit cryptocurrency like Bitcoin.
Here’s a practical guide on how to deposit Bitcoin on your Bithumb account:
Head to https://www.bithumb.com and log in to your account using the email and password you used upon registering, and then click on “Sign In.”
Enter the security password you used when you signed up then click “Confirm.”
From the homepage, select the “Wallet” tab at the top and choose “Deposit.”
Or click on “Deposit/Charge” at the upper right side of the page. Always double check the address that you’re using in processing deposits as processed transactions can no longer be reverted and could cause you to lose funds.
You can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.
Congratulations! You have funded Bitcoin on your Bithumb account and you are now ready to trade.
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