Ultimate guide on how to transfer
Bitcoin from HitBTC to Private: BitBay

Step by step guide on withdrawing funds from your HitBTC account

HitBTC has an easy way of withdrawing funds. However, you can only process transactions for cryptocurrencies as Fiat currencies like US dollar, Euros, British Pounds, and more are currently not available.

Here are guided steps on how to withdraw funds from you HitBTC account:

Go to https://hitbtc.com and log into your account using the email and password you’ve registered, then click “Sign in.”

To withdraw your Bitcoin, proceed to the “Account” tab. Click on the “Withdraw”  button next to your Bitcoin.

Before making any withdrawal, make sure that the amount you’d wish to withdraw is deposited on your main account, so you can transfer it from your trading account if needed. Hit the “Transfer” button to proceed.

After transferring your funds from your primary account to the trading account, you can proceed to process the withdrawal.

Enter the amount you’d want to withdraw and paste the receiving address to the “Address” field. Make sure that you’re using the correct address. Once your money has been sent, the transaction wouldn’t be reversed.

Once ready, click “Withdraw.”

After hitting the “Withdraw” button and typing in the authentication code, the following notification is going to pop-up: “Your withdrawal request requires confirmation by e-mail.”

Open your email and locate the message from [email protected], with a subject line “Withdraw verification” that looks like this:

Click the link to confirm your withdrawal. You can manage your withdrawals in the “Reports – Payment history,” or in the “Latest transactions” section at the bottom of the screen.

The three yellow dots show that your withdrawal is being processed. Once completed, it will turn green.

Nice one! You have successfully withdrawn Bitcoin from your HitBTC account.

Step by step overview on how to deposit Bitcoin on BitBay

You can acquire funds in your BitBay account through digital currencies like Bitcoin orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.

Here you will find steps that can help you make your first Bitcoin deposit on BitBay.

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

First off, access the log-in page of the exchange.

Once the log-in page is up, enter your registered email address or username and hit Log In.

Also, type in your chosen password and click Log In.

Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.

After signing in go to the ‘Wallets’ section to start your deposit.

1. Deposit Bitcoin on your BitBay account

As mentioned, Bitcoin deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.

Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.

Awesome! Bitcoin deposit on BitBay has been successful.

 

2. Deposit Fiat money on your BitBay account

For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.

To start, select the currency of your deposit from the left panel. In this example, we are using USD.

Click ‘Wire bank transfer’ on the right section of the page.

The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.

You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.

From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.

Enter the amount of your deposit and click the ‘Deposit’ button.

Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.

You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.

Excellent! You have finally placed Fiat money into your BitBay account.

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