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.
Depositing Bitcoin on your verified Poloniex account is possible through cryptocurrencies only. Additionally, you are required to confirm and fully verify your account in order to process deposits.
Here are the steps that you can follow to make your first Bitcoin deposit on Poloniex.
To get started, access the log-in page of the exchange and select on “Sign in.”
Click on “Balances” and select on “Deposits/Withdrawals.” Keep in mind that you can only deposit cryptocurrencies with Poloniex. In this example, let’s use BTC. To start depositing, select your Bitcoin from the list of cryptocurrencies and click on “Deposit.”
Copy the Deposit Address and use it in sending Bitcoin. Make sure that you are not sending any other currency to your deposit address to avoid losing funds. Meaning, if you’ve selected Bitcoin, you must deposit Bitcoin only.
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