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.
After accessing the Login page, click on the ‘Login to cacao account’ button.
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.
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.
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.
If you have a verified Upbit account, you can also make a Fiat withdrawal. Do this by going to the ‘Disbursement’ tab.
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.
To gain access to the status of your transaction, you can go to the ‘Deposit/withdrawal waiting’ section of the ‘Investment History’ page.
With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of the major things that you need to do before you start trading is depositing funds. With itBit, you can deposit cryptocurrencies like Bitcoin or Fiat money.
These are the easy-to-follow steps to help you make your first Bitcoin deposit on itBit
Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.
To deposit Bitcoin on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.
Next, select your Bitcoin and click the “Deposit” button. A pop-up window with your Bitcoin deposit address will appear. You can either send your Bitcoin to this deposit address or scan the QR Code provided using your wallet service.
The deposit address auto-generates a unique value for each deposit transaction. You must rescan or input the new deposit address for any future deposits to avoid losing funds.
If you scroll down the funding page, you’d be able to see your deposit transactions.
To deposit Fiat money on your itBit account, the instructions are similar to depositing Bitcoin. Select the appropriate account tab from which you would like to transact. Under “Deposit,” select your currency (SGD is currently unavailable).
Next, click the “Deposit” button. The “Cash Wire Deposit Instructions” will pop-up. Please follow itBit’s instructions including making sure the bank account name from which the transfer originates, matches that of the registered account or your deposit can be rejected. Secure your itBit wallet ID. This is added in your wire transfer instructions. Insufficient/missing account identifying information will lead to delays in Fiat deposits, reversals and administrative fees imposed by the banks and itBit.
If you scroll down the funding page, you’d be able to see your deposit transactions.
You did it! You have added Fiat money on your itBit account.
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