Withdrawing your funds from 1BTCXE is something that you can effortlessly and quickly do. You have the option to withdraw Ethereum or Fiat money depending on your necessity and preference. It is a requirement though that you have a valid Crypto Capital account before you can transfer Fiat money.
The steps below will lead you to achieve your first withdrawal from 1BTCXE.
Log-in to 1BTCXE to start the process by typing in your registered email and password. To continue, hit the ‘Login’ button.
If you have an active 2FA setting for your 1BTCXE account, you will need to key-in your 6-digit code which you can get from the authenticator app. Validate to go to the next page.
Click the ‘Withdrawal’ button or tab to initiate your withdrawal.
To withdraw Ethereum, locate the ‘Withdraw Bitcoins’ section and enter the receiving address and the amount you want to send. Be careful with the address to avoid errors. If you type a wrong address, you’ll most likely lose your funds. To complete this step, click the ‘Send Bitcoins’ button. You might need to provide another 6-digit code on the next screen if 2FA setting is active on your 1BTCXE account. The withdrawal process on 1BTCXE is most of the time immediate and crediting to the receiving wallet may need to wait for a certain number of confirmations.
As previously mentioned, Fiat withdrawal requires a Crypto Capital account which is associated or connected to your 1BTCXE account. If everything is ready, you can now withdraw your funds in the form of Fiat from 1BTCXE.
From the ‘Withdraw’ page, look for the ‘Withdraw Fiat Currency’ section. Select your Crypto Capital account from the dropdown list and the amount you wish to withdraw. Click the ‘Withdraw Currency’ button to complete the transaction. Same with Ethereum withdrawal, you may also need to provide a 6-digit code if two-factor authentication is active on your 1BTCXE account. Since the exchange manually verifies all withdrawals for security purposes crediting may take up to 1 day.
You can find your withdrawal transaction from the ‘Recent Withdrawals’ section on the Withdraw 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 Ethereum or Fiat money.
These are the easy-to-follow steps to help you make your first Ethereum 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 Ethereum on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.
Next, select your Ethereum and click the “Deposit” button. A pop-up window with your Ethereum deposit address will appear. You can either send your Ethereum 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 Ethereum. 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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