Ultimate guide on how to transfer
Ethereum from Bitbank to Private: Simex

Step by step overview on how to withdraw Ethereum from Bitbank

Bitbank has a series of verification steps that you need to complete prior to doing any transactions, like withdrawing Ethereum.  Additionally, the website could be a challenge to navigate as it doesn’t have any option for an English translation, however, we were able to gather these steps to help you withdraw Ethereum from Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.

  1. Withdraw Ethereum from Bitbank
  2. Withdraw Fiat money from Bitbank

Click here to open the exchange site and click on “Login.”

After logging in, enter your email address and password. Click on “Login” to continue.

We are using Bitbank’s mobile version here. Click on the main menu at the upper-right hand portion of the page.

Click on the Sixth option from the top which is “Withdraw.”

1. Withdraw Ethereum from Bitbank

To withdraw cryptocurrencies like Ethereum from Bitbank, select on “withdraw” next to your preferred Ethereum.

Add the address and the amount you wish to withdraw. You also have the option to add a new address when needed. Remember to double check your wallet address as processed transactions can no longer be reverted and funds would end up missing if an incorrect one is used.

Click on “Submit” to continue.

Wow! You have successfully withdrawn Ethereum from your Bitbank account. 

 

2. Withdraw Fiat money from Bitbank

To withdraw Fiat money from your Bitbank account, first, locate your currency, which is Japanese YEN and click on “withdraw.”

Enter the information asked by the system, depending on which withdrawal method you’ve selected. Remember to double check the information you supply as processed transactions can no longer be reverted and funds may end up missing.

That is it! You have withdrawn Fiat money from your Bitbank account. 

Step by step guide on how to deposit Ethereum on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Ethereum to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Ethereum to your Simex account

Go to https://simex.global/en and log into your account.

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Ethereum to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Ethereum.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Ethereum to your Simex account.

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