Processing withdrawals from your funded WEX account are easy. You can withdraw Bitcoin or Fiat money, depending on what you have deposited.
Let’s go through the step by step process to help you withdraw funds from your WEX account:
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.
For Bitcoin withdrawal, select your Bitcoin under “Funds” and click on the “Withdraw” box. In this example, we are using Bitcoin.
Enter the wallet address and make sure you are submitting correct one. Sending your money to the wrong Bitcoin could cause you to lose your money permanently as the transaction can no longer be reverted. Click on “Withdrawal” to continue.
For Fiat money withdrawal, select your currency under “Funds” and click on the “Withdraw” box. In this example, we are using Bitcoin.
Select your payment method from the drop-down menu. Enter the amount and the receiver’s name. After submitting, your chosen purse will open. Make sure accurate information is submitted as completed withdrawal transactions can no longer be reverted. Hence, you could accumulate fees or lose your money permanently.
With Kraken, you can deposit cryptocurrencies like Bitcoin as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.
Here are the steps on how to deposit Bitcoin on your registered and confirmed Kraken account:
Click here to open the exchange site and click on “Log in.”
Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”
Once you’re logged in, click on “Funding” to start depositing.
To deposit Bitcoin, click on “Deposit” and select your preferred Bitcoin. Make sure that the Bitcoin deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Bitcoin to the address as transactions sent to the wrong address may not be recoverable.
For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.
After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.
To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.
Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.
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