Withdrawing funds from your Bittrex account is very straight-forward. However, prior to making deposit and withdrawal transactions, you have to go through account verification process to ensure your safety. Also, for Fiat money withdrawal, you have to make sure your account is added to the USD markets.
Here, you will find steps that you can follow in withdrawing funds from Bittrex account.
Click this to access the platform.
Once the site is up, log-in with your registered account.
Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.
To withdraw Bitcoin on Bittrex, select your Bitcoin from the list of available cryptocurrencies. Initially, the page seems empty. You may want to click on “Show zero balance” to view the list or directly type in Bitcoin. So, in this example, we will withdraw BTC.
After typing in BTC, the list filters and displays BTC only. There are two icons beside the Bitcoin, and for withdrawal, select the red icon. This will bring up the “Withdrawal” screen.
Enter the address and amount you wanted to withdraw. Make sure the address was created for the Bitcoin you are withdrawing. You cannot withdraw Bitcoin from another coin’s address, meaning, BTC must be withdrawn to BTC and ETH to ETC, and so on. If you withdraw to another coin’s address, you’d end up losing your funds forever.
Click on “Withdraw” once you’re ready to proceed.
Remember: If you have activated 2FA, you will need to enter the six-digit code and confirm it. Otherwise, log into the email account you’ve registered for Bittrex and click the verification link attached on the message they send you.
After the withdrawal, you can check your transactions under “Pending Withdrawals” and “Withdrawal History” when you scroll down the page.
For Fiat money withdrawal, select your currency from the list. Click on “Show zero balance” to view the entire list or directly type in the currency of your choice. So, in this example, we will withdraw USD.
After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for withdrawal, select the red icon.
Important reminders: Bittrex now supports eligible personal and corporate accounts for USD withdrawals. International customers and those operating in the States of California, New York, Montana, and Washington are eligible as long as the identity verification process is completed. It is a requirement to request your account(s) be added to the USD markets. If you already have an existing account, you can process your request in a few minutes and it gets approved in just a few days.
Click here to view the requirements needed.
Accounts without requests submitted and confirmed to be added to the USD markets will appear like this. However, once your account is added, the withdrawal box will ask you to enter the account details and you can submit your transaction by clicking on”Withdraw USD.”
After the withdrawal process, you can check your transactions under “Pending Withdrawals” and “Withdrawal History” when you scroll down the page.
You can acquire funds in your BitBay account through digital currencies like Bitcoin orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.
Here you will find steps that can help you make your first Bitcoin deposit on BitBay.
First off, access the log-in page of the exchange.
Once the log-in page is up, enter your registered email address or username and hit Log In.
Also, type in your chosen password and click Log In.
Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.
After signing in go to the ‘Wallets’ section to start your deposit.
As mentioned, Bitcoin deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.
Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.
For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.
To start, select the currency of your deposit from the left panel. In this example, we are using USD.
Click ‘Wire bank transfer’ on the right section of the page.
The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.
You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.
From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.
Enter the amount of your deposit and click the ‘Deposit’ button.
Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.
You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.
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.