Ultimate guide on how to transfer
Bitcoin from Bittrex to itBit

Step by step overview on how to withdraw Bitcoin from Bittrex

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.

  1. Withdraw Bitcoin on Bittrex
  2. Withdraw Fiat money on Bittrex

Click this to access the platform.

Once the site is up, log-in with your registered account.

bittrex_deposit

Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.

bittrex_funding

1. Withdraw Bitcoin on Bittrex account

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  You cannot withdraw Bitcoin from another coin’s address, meaning, BTC must be withdrawn to BTC and ETH to ETC, and so on.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.

Great! You have successfully processed Bitcoin withdrawal from your Bittrex account. 

 

2. Withdraw Fiat money from Bittrex

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.

bittrex_withdrawalWonderful! You have successfully processed Fiat money withdrawal from your Bittrex account. 

Step by step overview on how to deposit Bitcoin on itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of the major things that you need to do before you start trading is depositing funds. With itBit, you can deposit cryptocurrencies like Bitcoin or Fiat money.

These are the easy-to-follow steps to help you make your first Bitcoin deposit on itBit

  1. Deposit Bitcoin on itBit
  2. Deposit Fiat money on itBit

Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.

1. Deposit Bitcoin on your itBit account

To deposit Bitcoin on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.

Next, select your Bitcoin and click the “Deposit” button. A pop-up window with your Bitcoin deposit address will appear. You can either send your Bitcoin to this deposit address or scan the QR Code provided using your wallet service.

The deposit address auto-generates a unique value for each deposit transaction. You must rescan or input the new deposit address for any future deposits to avoid losing funds. 

If you scroll down the funding page, you’d be able to see your deposit transactions.

Easy, right? You have added Bitcoin on your itBit account. 

2. Deposit Fiat money on your itBit account

To deposit Fiat money on your itBit account, the instructions are similar to depositing Bitcoin. Select the appropriate account tab from which you would like to transact. Under “Deposit,” select your currency (SGD is currently unavailable).

Next, click the “Deposit” button. The “Cash Wire Deposit Instructions” will pop-up. Please follow itBit’s instructions including making sure the bank account name from which the transfer originates, matches that of the registered account or your deposit can be rejected. Secure your itBit wallet ID. This is added in your wire transfer instructions. Insufficient/missing account identifying information will lead to delays in Fiat deposits, reversals and administrative fees imposed by the banks and itBit.

deposit fiat on itBit

If you scroll down the funding page, you’d be able to see your deposit transactions.

You did it! You have added Fiat money on your itBit account.

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