Ultimate guide on how to transfer
Bitcoin from CEX.io to Bitfinex

Step by step overview on how to withdraw Bitcoin from CEX.io

Prior to making transactions, like Bitcoin withdrawal, Google Authentication must be activated on your CEX.io account.

These steps are very helpful in making your Bitcoin withdrawal from CEX.io.

  1. Withdraw Bitcoin from CEX.io
  2. Withdraw Fiat money from CEX.io

Access the CEX.io website by clicking this link. Log in using your registered email address and password or via your social media account.

After logging in, you’d automatically see the “Withdraw” button in blue.

1. Withdraw Bitcoin from your CEX.io account

To withdraw Bitcoin from your CEX.io account, select your Bitcoin and enter your desired amount at the right side of the screen. Next, enter the recipient’s address and make sure you are supplying the correct one to avoid losing your funds. Check the agreement box and click on “Withdraw” to proceed.

Nice! You have withdrawn Bitcoin from your CEX.io account. 

 

2. Withdraw Fiat money from your CEX.io account

To process Fiat money withdrawal, you need to select your currency first on the right side of the screen and type in your desired amount. Next, choose your method of processing withdrawal. If you opt to process it through a new payment card, you have to option to add a new card and then proceed to process your withdrawal. Follow the steps and supply the information required by the system depending on the method you’ve selected.

You made it! You have withdrawn Fiat money from your CEX.io account. 

Step by step overview on how to deposit Bitcoin on Bitfinex

At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Bitcoin or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.

This guide will help any individual make his/her first deposit on Bitfinex a success.

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

Click this link to access the exchange site.

Log-in using your registered account. Make sure to copy the Captcha text.

Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.

After logging in click the Deposit tab on the top of the page.

1. Deposit Bitcoin on your Bitfinex account

Depositing Bitcoin does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.

From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.

Read the guidelines on the screen especially regarding the fees before proceeding.

After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.

Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).

Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.

To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.

Perfect! You have deposited Bitcoin on your Bitfinex account. 

 

2. Deposit Fiat money on your Bitfinex account

If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.

Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.

You can check your deposit transaction on the Deposit section under Recent Deposits.

Great job! You have effortlessly funded Bitcoin on your Bitfinex account.

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