Ultimate guide on how to transfer
Bitcoin from SouthXchange to Independent Reserve

Step by step guide on how to withdraw Bitcoin from SouthXchange

You can withdraw both cryptocurrencies and fiat money on your SouthXchange account.

Here’s a guide to help you withdraw funds from your account:

  1. Withdrawing Bitcoin on SouthXchange
  2. Withdrawing Fiat money on SouthXchange

Click here to open SouthXchange.

Log in using the email and password you registered for SouthXchange.

Once you’re in, select “Wallets” from the top bar. You will be taken to the Bitcoin list.

1. Withdraw Bitcoin from SouthXchange

Locate the Bitcoin you want from the list or type it in on the search box. In this example, we will be using Bitcoin.

Add your selected Bitcoin to the “favorites” tab, which is the blue ribbon at the top, by clicking on the heart symbol beside each Bitcoin’s name.

Click on “Withdrawal” from the panel. Take note of the minimum amount, and then enter the information needed. You can choose from paying the fees yourself or letting the receiver pay it.

It is a must always to check the address to avoid sending your funds to the wrong account for once the transaction has been processed, it cannot be reverted.

Once done, select the “Withdraw” button.

You can check the transactions you made by clicking on the “Transactions” button beside “Withdrawal” or the “Orders” button located at the top bar.

Perfect! You have processed Bitcoin withdrawal from your SouthXchange account.

 

2. Withdraw Fiat money on SouthXchange

SouthXchange has already stopped supporting Fiat-related transactions. However, you can still withdraw Fiat money (USD) through bank wire. This service has a fee of $30 (USA) or $45 (rest of the world).

To request this service, please create a support ticket with the following information:

  • Recipient full name
  • Recipient address, city, zip code, country
  • Bank name
  • Bank account number
  • Bank routing number (USA) or SWIFT/IBAN code (international)
  • Amount to transfer in USD (this has to be available in your SouthXchange account). The limit is $4100 per month.
Great! You have processed Fiat money withdrawal from your SouthXchange account. 

Step by step overview on how to deposit Bitcoin on Independent Reserve

After verifying your account, you’ll then be able to deposit funds into Independent Reserve exchange through cryptocurrencies like Bitcoin or Fiat money. Deposit methods include Electronic Funds Transfer and SWIFT transfer.

These are the easy-to-follow steps to help you make your first Bitcoin deposit on Independent Reserve.

  1. Deposit Bitcoin on Independent Reserve
  2. Deposit Fiat money on Independent Reserve

Click this link to access the exchange site.

After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To deposit, you need to view the list and click on “deposit” in-line with your currency selection.

1. Deposit Bitcoin on your Independent Reserve account

There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Bitcoin. To deposit Bitcoin on your account, make your selection from the list under “accounts” and click on “deposit.”

You will then be routed to another page where you’d get to copy the wallet address. Make sure to use the same address in making Bitcoin deposit transactions to avoid losing your funds.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Great job! You have added Bitcoin to your Independent Reserve account. 

 

2. Deposit Fiat money on your Independent Reserve account

You also have the option to deposit Fiat money on your Independent Reserve account and the steps are pretty much similar to adding Bitcoin deposit. Go to “accounts” and select your currency by viewing the list. Once you’ve made your selection, all you have to do is click on “deposit.”

You will then be routed to another page where you can select your method of deposit transaction and supply the required information asked by the system.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Excellent job on adding Fiat money to your Independent Reserve account!

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