Ultimate guide on how to transfer
Ethereum from Private: BitBay to Indacoin

Step by step overview on how to withdraw Ethereum from BitBay

To withdraw Ethereum from BitBay, one must have a verified account first. Either, you take out some Ethereum or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.

Today, we will show you how to withdraw Ethereum from your BitBay account with ease and comfort.

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

Let’s log-in to your account first by going to the log-in page.

Type in your registered email address and click Log In.

Next, enter your password on the field provided and hit Log In again.

If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.

Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.

1. Withdraw Ethereum from your BitBay account

To withdraw Ethereum from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.

Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.

Nice work! You have withdrawn Ethereum from BitBay.

 

2. Withdraw Fiat money from your BitBay account

If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.

Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.

On the next page, click on Bank transfer.

Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.

The system will send an authorization code to your email. Open your email to retrieve this code.

Copy the authorization code from the email just like the one you see below.

Paste the code on the box and hit Confirm. The transfer may take up to two business days.

There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.

To do this select PLN from the list of currencies and click ATM withdrawal.

Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.

Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.

Note: SMS code is only valid for 48 hours.

To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.

You did it! You have made your first Fiat money withdrawal from BitBay.

Step by step overview on how to deposit Ethereum on Indacoin

Indacoin allows you to deposit both cryptocurrencies like Ethereum and Fiat money. Prior to doing deposit transactions, you need to verify your identity, however, the process is simple and straightforward.

Here are the steps on how to deposit Ethereum on Indacoin account:

  1. Deposit Ethereum on Indacoin
  2. Deposit Fiat money on Indacoin

To log in, open the Indacoin site and click on “Products” then “Trading Platform.”

Type in your registered email address, password, and the captcha provided by the system. Click on “Sign in” to continue.

After logging in, click on “Send/Request.” Please take note that Indacoin uses the term “Request” for deposit.

 

1. Depositing Ethereum on your Indacoin account

To deposit Ethereum, click on “Cryptocurrency” and select your Ethereum from the drop-down menu. You will then be given a wallet address. This is the address that you need to use in processing your Ethereum deposit. You have the option to scan the QR code to generate a new one. Make sure that the correct address is used in processing your transaction to avoid losing funds.

Recent and previous transactions can be viewed under “Account History.”

That’s it! You have added Ethereum on your Indacoin account.
 

2. Depositing Fiat money on your Indacoin account

For Fiat money deposit, select on “Money” and choose your currency from the drop-down menu. Since this step requires you to add a credit card, you need to go through Indacoin’s Verification process.

Once verified, click on “Deposit.”

Recent and previous transactions can be viewed under “Account History.”

Perfect! You have added Fiat money on your Indacoin account. 

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