The process and security being implemented by Coinfloor for their deposits are also the same with how one make withdrawals from their platform. Additionally, the steps are also very much easy to follow just like other exchanges.
As such, we have prepared this guide for you to follow so your first withdrawal will become a success.
As what we usually do, you will have to log in to your account first by putting in your registered email address and password. You can also tick the small box if you’re a trader and wishes to disable the additional 2FA. When you’re ready, click the ‘Sign In’ button.
Input the 2FA code from your Authy device and hit the ‘Submit Authy Code’ button. You have enabled this during account registration.
Hit on the ‘My Account’ tab which you can see on the top navigation bar.
Click ‘Withdraw’ to start your withdrawal.
To withdraw Bitcoin from Coinfloor, you must register your cryptocurrency wallet address first before placing a request. To initiate this, select Bitcoin from the list by clicking on it.
Carefully read all the instructions and tick the small box confirming that you have understood and accepted everything. Hit on the ‘Register Bitcoin Withdrawal Details’ button once done.
Enter your Bitcoin withdrawal address on the designated field. This particular info is a long string of combined letters and numbers. To continue, hit on Register. Coinfloor processes requests from their multi-signature cold storage vaults once daily and during business hours.
If for any reason you want to withdraw Fiat instead of crypto coins, you can also do it from the ‘Withdraw’ section of the exchange. From the list, choose the asset or currency from which you will be sourcing the funds.
After going through the instructions and reminders, tick the box confirming that you have understood everything, and click on the ‘Register (chosen currency/asset) Withdrawal Details’ button.
On the next page, you will need to enter your bank account details. Be sure to provide accurate info to prevent any issues. Hit on Register to continue.
Coinfloor processes these requests once a day and during business hours. USD & GBP withdrawals are usually received in 1-5 working days, whereas EUR withdrawals arrive in 1-2 business days.
Note: For additional information about withdrawals, you can also check Coinfloor’s support section.
Here, you can view the withdrawal that you’ve just made. You can locate this by accessing your ‘My Account’ page.
With Gatecoin, you can deposit cryptocurrencies like Bitcoin as well as Fiat money.
Here are the steps on how to deposit funds on your registered and confirmed Gatecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve filed for Gatecoin.
Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Deposit’ which is the fifth option from the top.
For Bitcoin deposit, go to ‘Deposit Funds’ and click on your Bitcoin. In this example, we are using BTC.
Right below the currency options is the deposit address.
You can either copy the current deposit address or generate a new one. Scan the QR code and type in the numbers or copy the address using the external Bitcoin wallet that holds the Bitcoin you want to deposit. Send the transaction to continue.
It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted.
Bitcoin funds should be available after six confirmations. You will see your recent and previous deposit transactions by clicking on ‘History.’
For Fiat money deposit, go to ‘Deposit Funds’ and select HKD/USD/EUR as well as your location. We are using USD in this example.
You will then see Gatecoin’s bank account details and instructions for you to process an e-banking or wire transfer depending on your location. After sending the transfer, upload the receipt of the transaction in your Gatecoin account under “Submit” next to “Instructions.”
Fill out the information correctly as it is shown on the account statement. You are also required to attach a screenshot of the online banking payment confirmation message. Gatecoin’s service provider will not issue the funds if the needed information is not provided.
The bank transfer takes up to two business days. You will see your recent and previous deposit transactions by clicking on ‘History.’
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