Withdrawing funds from your BitInka account is very easy and straightforward. However, just like any other exchanges verification is necessary before you can make a withdrawal. Also, if you wish to withdraw from your local currency, you must first register your bank account.
To help you with the withdrawal process, we have prepared below easy-to-follow steps.
Click this to access the platform.
Log-in with your registered BitInka account.
After logging in, you’ll be routed right away to the Wallet section of the exchange.
To withdraw Ethereum Classic (ETC), click on the ‘Cryptocoins’ tab.
Select the coin to which you want to withdraw your funds from and hit the ‘Withdraw’ button. Enter the amount to be transferred and to which wallet address on the next page. This operation is final so be sure to use the correct crypto-wallet address. Confirmation of this transaction may take up to 24 business hours.
For Fiat money withdrawal, click on the ‘Currency’ tab.
Select the currency or fiat to which you want to make a withdrawal and then click the ‘Withdraw’ button of that currency. On the following page, provide the required information such as the amount to be withdrawn. Confirmation of this transaction will arrive within 24 to 72 hours.
To view your transaction, go to the ‘Withdrawal’ section and choose the Ethereum Classic (ETC) or Fiat money that you have withdrawn.
At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Ethereum Classic (ETC) or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.
This guide will help any individual make his/her first deposit on Bitfinex a success.
Click this link to access the exchange site.
Log-in using your registered account. Make sure to copy the Captcha text.
Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.
After logging in click the Deposit tab on the top of the page.
Depositing Ethereum Classic (ETC) does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.
From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.
Read the guidelines on the screen especially regarding the fees before proceeding.
After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.
Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).
Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.
To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.
If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.
Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.
You can check your deposit transaction on the Deposit section under Recent Deposits.
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