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

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 You have withdrawn Bitcoin from your Independent Reserve account. 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 You have withdrawn Fiat money from your Independent Reserve account.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 itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of the major things that you need to do before you start trading is depositing funds. With itBit, you can deposit cryptocurrencies like Bitcoin or Fiat money.

These are the easy-to-follow steps to help you make your first Bitcoin deposit on itBit

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

Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.

1. Deposit Bitcoin on your itBit account

To deposit Bitcoin on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.

Next, select your Bitcoin and click the “Deposit” button. A pop-up window with your Bitcoin deposit address will appear. You can either send your Bitcoin to this deposit address or scan the QR Code provided using your wallet service.

The deposit address auto-generates a unique value for each deposit transaction. You must rescan or input the new deposit address for any future deposits to avoid losing funds. 

If you scroll down the funding page, you’d be able to see your deposit transactions.

Easy, right? You have added Bitcoin on your itBit account. 

2. Deposit Fiat money on your itBit account

To deposit Fiat money on your itBit account, the instructions are similar to depositing Bitcoin. Select the appropriate account tab from which you would like to transact. Under “Deposit,” select your currency (SGD is currently unavailable).

Next, click the “Deposit” button. The “Cash Wire Deposit Instructions” will pop-up. Please follow itBit’s instructions including making sure the bank account name from which the transfer originates, matches that of the registered account or your deposit can be rejected. Secure your itBit wallet ID. This is added in your wire transfer instructions. Insufficient/missing account identifying information will lead to delays in Fiat deposits, reversals and administrative fees imposed by the banks and itBit.

deposit fiat on itBit

If you scroll down the funding page, you’d be able to see your deposit transactions.

You did it! You have added Fiat money on your itBit account.

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