Bithumb only allows Fiat money (KRW) withdrawals to Korean residents. Other users have the option to withdraw cryptocurrency like Bitcoin and here the easy steps to follow:
Go to https://www.bithumb.com and click on “Sign In.”
Enter the email and password you registered.
Enter the security password you used when you signed up then click “Confirm.”
After logging in, click on the “Wallet” button located at the top bar and select “Withdrawal.”
On the Withdrawal section, select the Bitcoin or currency you want to withdraw.
Next, enter the amount you wish to withdraw, together with the bank name, bank account, account number, account holder’s name. Always double check your information before submitting withdrawal transactions as it can no longer be reverted and could cause you to lose funds.
Also, type in the cell phone verification code for authentication purposes, and then click “Withdrawal Request.”
Check the transaction history at the bottom of the page where it says “History” or by clicking on the “Pending Order” and “Completed Orders.”
Fantastic! You have just withdrawn Bitcoin from your Bithumb account.
With Gatecoin, you can deposit cryptocurrencies like Bitcoin as well as Fiat money.
Here are the steps on how to deposit funds on your registered and confirmed Gatecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve filed for Gatecoin.
Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Deposit’ which is the fifth option from the top.
For Bitcoin deposit, go to ‘Deposit Funds’ and click on your Bitcoin. In this example, we are using BTC.
Right below the currency options is the deposit address.
You can either copy the current deposit address or generate a new one. Scan the QR code and type in the numbers or copy the address using the external Bitcoin wallet that holds the Bitcoin you want to deposit. Send the transaction to continue.
It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted.
Bitcoin funds should be available after six confirmations. You will see your recent and previous deposit transactions by clicking on ‘History.’
For Fiat money deposit, go to ‘Deposit Funds’ and select HKD/USD/EUR as well as your location. We are using USD in this example.
You will then see Gatecoin’s bank account details and instructions for you to process an e-banking or wire transfer depending on your location. After sending the transfer, upload the receipt of the transaction in your Gatecoin account under “Submit” next to “Instructions.”
Fill out the information correctly as it is shown on the account statement. You are also required to attach a screenshot of the online banking payment confirmation message. Gatecoin’s service provider will not issue the funds if the needed information is not provided.
The bank transfer takes up to two business days. You will see your recent and previous deposit transactions by clicking on ‘History.’
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