Ultimate guide on how to transfer
Bitcoin from BitBay to Bitstamp

Step by step overview on how to withdraw Bitcoin from BitBay

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.

  1. Withdraw Bitcoin from BitBay
  2. Withdraw Fiat money from BitBay

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.

how to login on BitBay new

Next, enter your password on the field provided and hit Log In again.

how to login on BitBay

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.

how to login on BitBay

Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.

how to withdraw funds from BitBay

1. Withdraw Bitcoin from your BitBay account

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.

how to withdraw Bitcoin from BitBay

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.

how to withdraw Bitcoin from BitBay

Nice work! You have withdrawn Bitcoin from BitBay.

 

2. Withdraw Fiat money from your BitBay account

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.

how to withdraw fiat money from BitBay

On the next page, click on Bank transfer.

how to withdraw fiat money from BitBay

Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.

how to withdraw fiat money from BitBay

The system will send an authorization code to your email. Open your email to retrieve this code.

how to withdraw fiat money from BitBay

Copy the authorization code from the email just like the one you see below.

how to withdraw fiat money from BitBay

Paste the code on the box and hit Confirm. The transfer may take up to two business days.

how to withdraw fiat money from BitBay

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.

how to withdraw fiat money from BitBay

Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.

how to withdraw fiat money from BitBay

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.

how to withdraw fiat money from BitBay

To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.

how to view deposit or withdrawal on BitBayYou did it! You have made your first Fiat money withdrawal from BitBay.

Step by step overview on how to deposit Bitcoin on Bitstamp

Bitstamp offers its users two ways to fund their account. You can do this through Fiat money or with your favorite cryptocurrency after passing the verification stage. The process is also pretty much the same with other exchanges.

The steps below will help you make your first deposit successful.

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

Let’s start by accessing the log-in page. Afterward, enter your User ID and password, then click the Login button to proceed.

how to login on bitstamp

If your account is 2FA-secured, you will have to retrieve the 6-digit code from your authenticator app. After entering the token, hit Continue.

how to login on bitstamp

Now that you are already logged in, you can now start your deposit. But before doing so, you have to select your currency as directed by the arrow on the left. In this example, we will choose EUR/ETH since we are going to fund with EUR and buy ETH. After this, click on the Deposit tab to go to the next page.

how to deposit on bitstamp

 

1. Deposit Bitcoin on your Bitstamp account

Just like the majority of the exchanges, putting money into your Bitstamp account using Bitcoin is also very easy and straightforward. However, you have to make sure to verify your account to make this option available.

On the deposit page, choose the cryptocurrency that you wish to fund. We will use Bitcoin as our example. The address where you need to send the money will show up on the next screen. Bitstamp requires at least three confirmations for the transaction to become successful and they will send you an email confirming the deposit that you’ve just made.

how to deposit Bitcoin on bitstamp

Cool! You now have some Bitcoin on your Bitstamp account.

 

2. Deposit Fiat money on your Bitstamp account

If for some reason you want to fund your account with Fiat money instead of Bitcoin, Bitstamp also has this option and you can do it in different ways. For this step, we will utilize the EU Bank (SEPA) option as an example.

SEPA is a payment integration initiative of the European Union of bank transfers that the euro currency dominates. It stands for Single Euro Payments Area.

From the left panel, click on ‘EU Bank (SEPA)’ to start the process.

how to deposit fiat on bitstamp

Fill in your First and Last Name, Account Balance, and Amount. Then click on Deposit.

how to deposit fiat on bitstamp

On the next page, you will receive the information as to where you’re going to send the money. Bitstamp will be basing this on the details that you provide from the previous form. Make sure to take note of this.

Fill out the SEPA form on the next step with your information (debtor/payer) and Bitstamp’s data (creditor/beneficiary). You can do this via online or directly at the bank.

Note: Your “Message number” is vital as this is one way for Bitstamp to know that it is your account you claimed to be yours. So make sure to enter it as a transfer reference on the Debtor’s data.

how to deposit fiat on bitstamp

SEPA deposits usually take 1-3 business days before they appear on your Bitstamp account (excluding weekends and bank holidays). They will send you a confirmation via email once the transaction becomes successful.

how to deposit fiat on bitstamp

To view your deposit, all you need to do is access your Account page, click Transactions and select ‘Deposit’ as the Type.

how to view deposit on bitstampPerfect! You have gained some Fiat money for your Bitstamp 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.