Ultimate guide on how to transfer
Bitcoin from CoinsBank to Bitfinex

Step by step guide on withdrawing Bitcoin from your account on CoinsBank

CoinsBank is an all-in-one gateway to blockchain services and is the leading platform for professional cryptocurrency traders. It offers both Fiat money and crypto-to-crypto transactions.

Below is a guide that will help you withdraw Bitcoin from your account on CoinsBank:

  1. Withdrawing Fiat Money from CoinsBank
  2. Withdrawing Bitcoin from CoinsBank

Visit https://coinsbank.com/ and click “Login.”

Enter your mobile number and password, and then click “Login.”

Next, from the Dashboard, go to the “Your accounts” section and click “Withdrawal.”

1. Withdrawing Fiat money from your account on CoinsBank

Select the currency you wish to withdraw funds from. Enter the amount in the next box. Next, select your destination account.

Once done, click on “Withdraw Funds.”

Good job! You have just successfully withdrawn Fiat money from your account on CoinsBank. 

 

2. Withdrawing Bitcoin from your CoinsBank account

From the “Withdraw funds” page, choose the cryptocurrency you want to transact with.

Next, pick the wallet you want to withdraw funds from and select your destination account. Hit “Withdraw Funds.”

Congratulations! You have successfully withdrawn Bitcoin from your account on CoinsBank.

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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