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.
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.
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.
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.
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.
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