Ultimate guide on how to transfer
Bitcoin from Upbit to Bithumb

Step by step overview on how to withdraw Bitcoin from Upbit

Upbit exchange also allows its users to make withdrawals. The fee differs per session which you can find on their ‘Information Use’ section. Just like deposits, withdrawing your funds from this platform is also easy and quick.

Please see the steps below for the instructions on how to withdraw.

  1. Withdraw Bitcoin from Upbit
  2. Withdraw Fiat money from Upbit

After accessing the Login page, click on the ‘Login to cacao account’ button.

how to login on Upbit

Input the email address and password that you used when you signed up for an account on Upbit/Kakao. To continue, click on the Log-In button.

how to login on Upbit

1. Withdraw Bitcoin from your Upbit account

Just like other exchanges, a user can only withdraw once his/her account gets fully authenticated. After completing the verification stage, you can go to the ‘Disbursement’ tab on the top navigation bar to start your withdrawal.

how to withdraw Bitcoin from Upbit

Select from the list of assets the cryptocurrency from which you want to withdraw the funds. Go to the ‘Withdrawal’ tab and follow the additional instructions just like entering the correct info of the receiver of funds. Achieving accuracy for this transaction will avoid issues and delays.

how to withdraw Bitcoin from Upbit

Awesome! You have successfully withdrawn Bitcoin from Upbit.

2. Withdraw Fiat money from your Upbit account

If you have a verified Upbit account, you can also make a Fiat withdrawal. Do this by going to the ‘Disbursement’ tab.

how to withdraw fiat from Upbit

Point your mouse to the Fiat currency that holds the funds and navigate to the ‘Withdrawal’ tab. As always, be sure to follow the additional instructions. This step includes entering the correct details of the receiving channel which may consist but not limited to bank details and personal info.

how to withdraw fiat from Upbit

To gain access to the status of your transaction, you can go to the ‘Deposit/withdrawal waiting’ section of the ‘Investment History’ page.

how to check withdrawal from Upbit

Congratulations! You have now withdrawn Fiat money from your Upbit account.

Step by step guide on how to deposit Bitcoin on your Bithumb account

Bithumb only accepts Fiat currency (KRW) deposits from Korean residents. Other users have the option to deposit cryptocurrency like Bitcoin.

Here’s a practical guide on how to deposit Bitcoin on your Bithumb account:

Head to https://www.bithumb.com and log in to your account using the email and password you used upon registering, and then click on “Sign In.”

How to log in on Bithumb

Enter the security password you used when you signed up then click “Confirm.”

From the homepage, select the “Wallet” tab at the top and choose “Deposit.”

How to Deposit Funds on Bithumb

Or click on “Deposit/Charge” at the upper right side of the page. Always double check the address that you’re using in processing deposits as processed transactions can no longer be reverted and could cause you to lose funds.

How to deposit on Bithumb

You can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.

How to check transaction History on BithumbCongratulations! You have funded Bitcoin on your Bithumb account and you are now ready to trade. 

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.