To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Bitcoin or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.
Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.
Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.
For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.
Go to the ‘Withdrawal’ page as directed by the arrow on the image below.
From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Bitcoin withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.
For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.
The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.
Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.
Access your email inbox and click on the link that is in the email that you receive from Bitstamp.
The status will now change to ‘Waiting’ to be processed.
Another email will arrive in your inbox confirming your withdrawal.
As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.
If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.
With Allcoin, you can deposit cryptocurrencies like Bitcoin as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.
Here are the steps on how to deposit Bitcoin on your registered and confirmed Allcoin account:
Click here to open the exchange site and click on “Log in.”
You have different options for logging in, depending on what you used when you registered your Allcoin account. Click on “Log in” to proceed.
To deposit, click on “Account” which will route you to another page where you can view and select your currencies. Select your currency and click on “Deposit.”
For Bitcoin deposit, select your Bitcoin from the list by manually viewing the list or typing it directly on the Search box. You will then be given a wallet address. This is the address that you need to use in processing your Bitcoin deposit. You have the option to scan the QR code to generate a new one. Make sure that the correct address is used in processing your transaction to avoid losing your funds.
To view your recent and previous Bitcoin deposit transactions, you can scroll down and look for them under “Deposit record.”
For Fiat money deposit, same with Bitcoin deposit, you have to select your currency first from the list or directly type it in the search box. Click on “Deposit” to continue.
Select your wallet address or generate a new one by scanning the QR code. Use this address in processing Fiat money deposit.
To view your recent and previous Fiat money deposit transactions, you can scroll down and look for them under “Deposit record.”
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