Ultimate guide on how to transfer
Bitcoin from HitBTC to Bitfinex

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 You have successfully withdrawn Bitcoin from your HitBTC account.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 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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