Ultimate guide on how to transfer
Bitcoin from Bitstamp to SouthXchange

Step by step overview on how to withdraw Bitcoin from Bitstamp

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.

  1. Withdraw Bitcoin from Bitstamp
  2. Withdraw Fiat money from 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.

1. Withdraw Bitcoin from your Bitstamp account

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.

Awesome! You have successfully withdrawn Bitcoin from Bitstamp.

 

2. Withdraw Fiat money from your Bitstamp account

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.

Congratulations! You have effortlessly withdrawn Fiat money from your Bitstamp account.

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.

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