After a couple of trading activities on Bitfinex, you may now go ahead and make your first Bitcoin withdrawal. Whether it’s a Fiat or cryptocurrency withdrawal, the process outlined by Bitfinex is straightforward, and anybody can do it even beginners. Take note though that only verified users can make a Fiat money withdrawal.
To help you achieve your first withdrawal, we have prepared this guide for you to follow.
To start, open the Bitfinex site through this link.
Log-in with the email address and password you used during registration, enter the Captcha text and click Log in.
For 2FA enabled account, enter the 6-digit code from the authenticator app and hit Authenticate.
Go to the ‘Withdraw’ section to start the activity.
From the Withdraw page select which cryptocurrency you would like to get the funds from under the ‘Cryptocurrencies’ panel.
Enter the receiving wallet address, the amount you want to send, the sending wallet and your Note if any. Tick the small boxes to confirm that you wish to add a note for this transaction and that you have understood all the terms and conditions. Click the ‘Request Withdrawal’ button to proceed. Also before sending the request, a ‘Receive Amount’ field will show which tells you the total amount you will receive less the Tx Fee. This action usually takes up to 12 hours to complete.
For you to withdraw Fiat money from your Bitfinex account, go to the ‘Withdraw’ section and select the currency you wish to take the funds from under Bank Wire. On the next page, fill in your wire information such as name, address and bank details.
If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days). Whereas if it’s an ‘Express Withdrawal’ the fee is 1% and with a processing time of 24 hours or 1 business day.
You can check the withdrawal that you’ve just made from the ‘Withdraw’ page under the ‘Recent Withdrawals’ section.
Putting funds into your GetBTC account can be done in two ways. You can use any cryptocurrencies that are supported by the platform or through Fiat money. Either way, the process is straightforward and easy to accomplish. Please note though that Fiat deposit requires you to open an account with Crypto Capital.
Need not to worry though, this guide has everything you need to start your deposit with GetBTC.
Let’s start by logging in to your account. Click this link.
Key in your email address & password, check the Captcha box and hit Login.
For 2FA-enabled accounts, a code is necessary to gain access to the platform. Copy and paste this 6-digit code from your authenticator app, then click Validate.
Once signed in, your account page will show on the screen. Scroll down a little and go to the ‘Deposit’ tab to initiate your deposit.
Here, you will see the section to where you can deposit Bitcoin on GetBTC. Select the cryptocurrency that you want to use from the ‘Account for crediting’ drop-down list and enter the amount. Lastly, go to the external wallet which is the source of funds and copy the address that you see on the Deposit screen of GetBTC. Alternatively, you can also scan the QR code. This action will send the funds you need to your GetBTC account.
If you wish to fund your GetBTC account with Fiat money, you first need to get an account with Crypto Capital. Opening an account allows convenient placement of funds in more than 30 different Fiat currencies in the world. Once you already have an account, you can go ahead and connect it to GetBTC. To add your Crypto Capital account from the Deposit page, select the Account for crediting, choose Crypto Capital as the Payment method and the Amount to be paid. Click the ‘Charge’ button to continue.
You can find more information about Crypto Capital through this link.
Hit the ‘Add Account’ button.
Provide your Crypto Capital account number, description and currency. Click Add Account to proceed.
After successfully adding your Crypto Capital account, go to the Deposit section again to complete this process.
Select the Account for crediting, Crypto Capital as the Payment Method, the Amount and your Crypto Capital account number. Complete your deposit by following the rest of the instructions on the screen.
You can see your deposit on the ‘Recent Deposits’ section of the Deposit page.
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