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

Step by step guide on how to withdraw Bitcoin from your account on Simex

Simex is a user-friendly exchange platform that allows both Fiat and crypto-to-crypto transactions.

Here are the steps on how to process Bitcoin withdrawal from Simex:

  1. Withdrawing Fiat money from Simex
  2. Withdrawing Bitcoin from Simex

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

Select “Withdraw” from the Finance tab.

1. How to withdraw Fiat money from your account on Simex

To withdraw funds, update your bank details first in your “Withdraw Accounts” page.

From the “Withdraw” page, select the financial account you wish to withdraw funds from. Enter the amount you want to withdraw, and select the method you wish to use. Once done, click the “Next” button.

For RUB, Visa & MasterCard debit cards, Yandex, Money, Webmoney RUR are allowed and for USD, Wire Transfer is offered.

Withdrawal requests are processed within 24 hours. Funds transfer to your bank debit card may take up to 5 business days.

Good job! You have just withdrawn Fiat money from your account.

 

2. How to withdraw Bitcoin from your account on Simex

Open the “Withdraw” page in your Finances tab, and choose the financial account you wish to withdraw funds from.

Enter the desired sum you want to withdraw. Select the method you prefer to use to complete the withdrawal and press the “Next” button.

Digital wallets are processed online in real time, unlike Fiat money which takes up to five business days.

Congratulations! You have successfully withdrawn Bitcoin from your account.

Step by step overview on how to deposit Bitcoin on WEX

With WEX, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.

Let’s follow these steps to help you deposit funds on your registered and verified WEX account:

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

Click here to open the exchange site.

Log in using the email address and password you’ve registered for WEX.

After logging in, select on “Finances” to view your funds.

1. Deposit Bitcoin on your WEX account

For Bitcoin deposit, select your Bitcoin under “Funds” and click on the “Deposit” box.  In this example, we are using Bitcoin.

Scroll down the page to view your wallet address. Copy the deposit address where you need to send your funds or generate a new one. It is a must to pay attention when you’re copying it as Bitcoin transaction cannot be reversed, and if you’re not careful, you will end up losing your money.

After depositing, you will see your recent deposit transaction at the bottom of the page, or go to ‘History,’ to check all transactions made.

Great job! You have deposited Bitcoin on your WEX account.

 

2. Deposit Fiat money on your WEX account

For Fiat money deposit, select your currency under “Funds” and click on the “Deposit” box.  In this example, we are using USD.

Select your payment method from the drop-down menu and enter your amount. Click on “Deposit” to continue. A new window opens up where you need to confirm your deposit. It is highly advised to double check your account number before sending your funds. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently.

After depositing, you will see your recent deposit transaction at the bottom of the page, or go to ‘History,’ to check all transactions made.

Awesome! You have deposited Fiat money on your WEX account.

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