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.
You can acquire funds in your DSX account through digital currencies like Bitcoin or Fiat money. If you prefer to add funds through Bank transfer, you are required to finish the “Know Your Customer” or “KYC” process. If you have a verified ePayments account, you can link it and deposit directly.
Here you will find steps that can help you make your first Bitcoin deposit on DSX.
First off, access the log-in page of the exchange.
After logging in, select the “Add funds” option. This is where you can see all your DSX cryptocurrency wallets.
If you wish to deposit cryptocurrencies like Bitcoin on your DSX account, select your desired Bitcoin. After making your selection, you will be given a “deposit address” which you need to copy using the “Copy button” or press the “Info button” and scan the QR code. You will receive an email notification when the Bitcoin deposit is processed and funds are available on your DSX account.
Incoming cryptocurrency transaction will be finally processed by DSX only after the exact count of network confirmations. Confirmations count depends on cryptocurrency.
For your reference, these are the supported cryptocurrencies:
Bitcoin (BTC) – 3 confirmations (apx. 30 minutes, sometimes longer)
Bitcoin Cash (BCC) – 6 confirmations (apx. 1 hour, sometimes longer)
Bitcoin Gold (BTG) – 6 confirmations (apx. 1 hour, sometimes longer)
Litecoin (LTC) – 6 confirmations (apx. 15 – 20 minutes, sometimes longer)
Ethereum (ETH) – 25 confirmations (apx. 5 – 10 minutes, sometimes longer)
For you to upload Fiat money to your DSX account through Bank transfer, you need to complete your KYC process as described above OR if you have a verified ePayments* account, you can link it and then deposit instantly.
*ePayments is an international payment provider that makes it easy to send money transfers across borders almost instantly.
From the dashboard, follow the instructions on how to upload funds to a bank account after passing KYC. If you’ve not passed KYC and/or need a faster option and you have an ePayments account, you can quickly link it (after clicking the “Add funds” button)
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