Ultimate guide on how to transfer
Bitcoin from OKCoin to Private: Simex

Step by step overview on how to withdraw Bitcoin from OKCoin

Processing withdrawals from your funded OKCoin account are easy. You can withdraw Bitcoin or Fiat money, depending on what you have deposited.

Let’s go through the step by step process to help you withdraw funds on your OKCoin account:

  1. Withdraw Bitcoin on OKCoin
  2. Withdraw Fiat money on OKCoin

Click here to open the exchange site.

You have three options when logging in. As shown on the image below, you can log in using your linked phone number, registered email address, and sub-account.

In this example, we are logging in using the email address and password I’ve filed for OKCoin.

Once logged in, you will see the “My Wallet” page where you can see available tokens. To withdraw, click on “Token Withdraw” from your selected Bitcoin or currency.

1. Withdraw Bitcoin from your OKCoin account

For Bitcoin withdrawal, select your Bitcoin under “Token Deposit”. We are using Bitcoin in this example.

Paste the deposit address or select your wallet address by clicking on “OK address.” It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted. Next, type in your Google Authentication code, SMS Verification code, and Fund password. Click on “Confirm withdrawal” to proceed.

You can check your balance by clicking on the “Balance” menu available on the right side of the page.

Nice! You have successfully withdrawn Bitcoin from your OKCoin account.

 

2. Withdraw Fiat money from your OKCoin account

For Fiat money withdrawal, select your currency under “Token Withdraw”. We are using USD in this example.

Select the beneficiary account and type in the amount you opt to withdraw. After submitting the request, OKCoin will verify the details and process the transfer.

Epay service fee and wire transfer fee will be deducted automatically from your withdrawal amount. If your withdrawal is rejected by the beneficiary bank, OKCoin will return the withdrawal amount as well as the service fee. However, Epay service fee and wire transfer fee cannot be refunded. Therefore, it’s a must to enter the correct bank information before making a withdrawal.

Note: KYC level 2 is required for USD withdrawal as shown on the image below.

Perfect! You have successfully withdrawn Fiat money from your OKCoin account.

Step by step guide on how to deposit Bitcoin on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Bitcoin to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Bitcoin to your Simex account

Go to https://simex.global/en and log into your account.

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Bitcoin to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Bitcoin.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Bitcoin to your Simex account.

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