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.
Putting funds into your BitInka account can be done by either depositing through Bitcoin or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Bitcoin deposit, account verification is not necessary.
Here, you will find steps that you can follow in funding your BitInka account.
Click this to access the platform.
Once the site is up log-in with your registered account.
After logging in, you’ll be routed directly to the Wallet section.
To initiate a Bitcoin deposit, click on the ‘Cryptocoins’ tab.
Choose the Bitcoin that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Bitcoin.
The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Bitcoin and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001 BTC. You will receive three confirmation notices before your Bitcoin deposit arrives which usually takes up to 24 hours.
Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.
From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.
Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.
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