Ultimate guide on how to transfer
Bitcoin from Independent Reserve to Coinfloor

Step by step overview on how to withdraw Bitcoin from Independent Reserve

After completing the account verification process and submitting the required documents to check your identity, you’ll then be able to process different transactions like processing Bitcoin withdrawal from Independent Reserve exchange.

These are the easy-to-follow steps to help you withdraw Bitcoin from Independent Reserve.

  1. Withdraw Bitcoin from Independent Reserve
  2. Withdraw Fiat money from Independent Reserve

Click this link to access the exchange site.

After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To withdraw, you need to view the list first and click on “withdraw” in-line with your currency selection.

1. Withdraw Bitcoin from your Independent Reserve account

There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Bitcoin. To withdraw Bitcoin from your account, make your selection from the list under “accounts” and click on “withdraw.”

You will then be routed to another page where you’d get to enter your amount, destination address, and comments. Just like what the instruction says, make sure to use the correct address in making Bitcoin withdrawal to avoid losing your funds.

Click on “Withdraw” to continue.

You can view your withdrawal transactions under “Withdrawals” and by selecting your Bitcoin.

You did it! You have withdrawn Bitcoin from your Independent Reserve account. 

 

2. Withdraw Fiat money from your Independent Reserve account

To withdraw Fiat money from your Independent Reserve account, go to “accounts” and select your currency from the list. Once you’ve made your selection, all you have to do is click on “withdraw.”

You will then be routed to another page where you can select your method of withdrawal transaction and supply the required information asked by the system.

You can view your withdrawal transactions under “Withdrawals” and by selecting your currency.

You did it! You have withdrawn Fiat money from your Independent Reserve account. 

Step by step overview on how to deposit Bitcoin on Coinfloor

As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Bitcoin, both process is easy to initiate and complete.

If you wonder how to do this, you can quickly go through the steps below.

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

To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.

Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.

1. Deposit Bitcoin on your Coinfloor account

Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Bitcoin as your deposit.

Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Bitcoin deposits 24/7.

Note: For more info about Bitcoin deposits you can check Coinfloor’s support page here.

Perfect! You have done an excellent job for putting some Bitcoin in your Coinfloor account.

2. Deposit Fiat money on your Coinfloor account

Just like Bitcoin deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.

When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.

The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.

Note: For more info regarding Fiat deposits (including fees), feel free to check this link.

To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.

Congratulations! You have finally funded your Coinfloor account with Fiat money.

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