Processing withdrawals from your established Poloniex account are straight-forward. Keep in mind that you are required to confirm and fully verify your account to gain full access to different features and process different transactions on the Poloniex website.
Here are the steps that you can follow to process Bitcoin withdrawals from Poloniex.
To get started, access the log-in page of the exchange and select on “Sign in.” Type in your registered username and password.
Click on “Balances” and select on “Deposits/Withdrawals.” In this example, let’s use BTC. To start processing withdrawals, select Bitcoin from the list of cryptocurrencies and click on “Withdraw.”
Enter the address as well as your preferred amount. Be very careful in supplying the address because once your transaction is done, you can no longer revert it and you’d end up losing your money if wrong address is used.
Click on “Withdraw” to continue.
There are two different ways on how you can fund your 1BTCXE account. Either way, you will no longer need to pass any verification process on 1BTCXE, unlike other exchanges. However, it is a requirement to open an account with Crypto Capital so you can deposit Fiat currencies.
To help users with deposits, we have come up with easy-to-follow steps below.
The first thing to do is log-in to your 1BTCXE account using your email and password. Click the Login button to continue.
If you have set-up an added security to your 1BTCXE account like 2FA, you will need to enter your 6-digit code. You can get this from the authenticator app. Hit ‘Validate’ to proceed.
Once logged-in click ‘Deposit’ to start funding your 1BTCXE account.
From the Deposit page, you will see the ‘Deposit Bitcoins’ section. Send your funds to the address on the screen, or you can also scan the QR code. If you wish to obtain a different address, all you need to do is click the ‘Manage Bitcoin addresses’ button. Take note though that you can only generate a new address every 24 hours. Your funds will show after receiving three confirmations for the transaction and will depend on the worldwide Bitcoin network.
Fiat money deposit on 1BTCXE is a little different compared to other exchanges. The platform requires its users to open an account first from Crypto Capital. After getting and funding an account with them, you can go ahead and associate it with your 1BTCXE account by clicking ‘Manage bank accounts’ which you can find on the Deposit page.
To open an account with Crypto Capital, go to this link.
Hit the ‘Add Account’ button to continue to the next page.
Enter your Crypto Capital account number, Description, and Currency on their respective boxes. Be sure to provide the correct currency to avoid any conversion fee. Proceed by hitting the ‘Add Account’ button.
Here you will see a prompt stating that you have successfully added your Crypto Capital account.
Go back to the Deposit page to complete this process.
Locate step 3 and follow the instructions. The moment the transfer becomes complete your funds will appear on your 1BTCXE account in just a few minutes.
To view your deposit or balance, you can navigate to your ‘My Account’ page.
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