Ultimate guide on how to transfer
Bitcoin from xBTCe to Private: BitBay

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

xBTCe allows both Fiat money and cryptocurrency transactions.

Here are the steps on how to withdraw funds from your xBTCe account:

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

Go to https://my.xbtce.com/

Log into your account using the email and password you registered.

Next, select “Withdraw funds.”

1. Withdraw Fiat money on xBTCe

You can withdraw or transfer funds to another account only if your xBTCe eWallet is verified.

Let’s say, you want to withdraw via Visa/Master Card. From the “Withdraw funds” page, select “Visa/Master Card.” You can only withdraw funds to your VISA or MasterCard (including EuroCard) after you have deposited via a credit-debit card or wire transfer. Take note that the name on the card must be the same as the one that was used for your eWallet registration. Currently, the currencies allowed are EUR, USD, and RUB.

Next is to fill in the withdrawal form. Enter the amount, select the currency wallet, select the issuing country, enter your card number and select the state of card issuing bank and expiration date. Enter the cardholder’s name and select the currency. Then, tick the checkbox “Allow refund” in case of a refund. Finally, enter the PIN code for your eWallet.

After this, you will receive a confirmation message in your email. Click the link sent to you by xBTCe to confirm the withdrawal.  At this point, the withdrawal request will be submitted for review. After the Finance department approves your withdrawal, the requested funds will be sent to your Visa/Master Card.

Fantastic! You have successfully withdrawn Fiat money from your xBTCe account.

 

2. Withdraw Bitcoin from your xBTCe account

Go to “Withdraw funds” and select Bitcoin in the main menu.

Fill in the form by entering the withdrawal amount, your Bitcoin address to which the funds will be credited (or select a template that will appear when you enter the address), and eWallet PIN code. Withdrawal templates allow you to save the Bitcoin address for future use.

Once done, click “Withdraw.” In this example, we are using BTC.

Congratulations! You have successfully withdrawn Bitcoin from your xBTCe account.

Step by step overview on how to deposit Bitcoin on BitBay

You can acquire funds in your BitBay account through digital currencies like Bitcoin orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.

Here you will find steps that can help you make your first Bitcoin deposit on BitBay.

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

First off, access the log-in page of the exchange.

Once the log-in page is up, enter your registered email address or username and hit Log In.

Also, type in your chosen password and click Log In.

Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.

After signing in go to the ‘Wallets’ section to start your deposit.

1. Deposit Bitcoin on your BitBay account

As mentioned, Bitcoin deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.

Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.

Awesome! Bitcoin deposit on BitBay has been successful.

 

2. Deposit Fiat money on your BitBay account

For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.

To start, select the currency of your deposit from the left panel. In this example, we are using USD.

Click ‘Wire bank transfer’ on the right section of the page.

The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.

You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.

From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.

Enter the amount of your deposit and click the ‘Deposit’ button.

Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.

You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.

Excellent! You have finally placed Fiat money into your BitBay account.

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