Ultimate guide on how to transfer
Bitcoin from BitBay to SouthXchange

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.

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.

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.

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.

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 You have withdrawn Bitcoin from BitBay.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.

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 did it! You have made your first Fiat money withdrawal from BitBay.

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

SouthXchange has announced last May 1, 2018, that they will no longer support the depositing of Fiat money. USD is now being replaced by TUSD (TrueUSD), a cryptocurrency pegged 1:1 to the US Dollar. For more information, click here. All deposit transactions are now through cryptocurrencies.

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

Click here to open SouthXchange.

To log in, use the email and password you used when you registered.

After logging in, click on the “Wallets” button at the top bar.

On the “Wallets” page, type in your selected Bitcoin on the search box. In this example, we are going to use Bitcoin.

You can also click on the heart symbol beside each currency so it will be added on your “favorites” tab, which is the blue ribbon at the top of the page.

Select the “Deposit” button and check out the minimum deposit in box 2(image below).

The deposit address is found in box 3. You can either copy it or scan the QR code below the address and type in the numbers under the code. Send the transaction to continue the process.

Make sure to copy the right address. Check the first two symbols and last two symbols before proceeding. You may lose control over your funds otherwise.

You can find the transaction history at the “Orders” button at the top bar, or by clicking on “Transactions” beside “Withdrawal.”

There you have it! You have deposited Bitcoin on your SouthXchange 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.