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

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 You have withdrawn Ethereum from BitBay.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 Upbit

As one of the largest exchanges in South Korea, the platform offers a very friendly user interface for those who intend to fund their account may it be in the form of digital currencies or Fiat money.

In this guide, you’re about to receive instructions on how to place your funds on the Upbit exchange.

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

To get to the deposit page, you must first log in to your account. The sign-in link is here.

Click the ‘Login to cacao account’ button.

Log-in to the Kakao account that you’ve created which was a prerequisite in the Upbit registration. After entering your email address and password, hit on the Log In button.

1. Deposit Ethereum on your Upbit account

Depositing in Upbit is free of charge. However, one has to pass their authentication process first before doing this step.

After getting a verified account, go to the ‘Disbursement’ tab which you find on the top navigation bar.

Click ‘Deposit and withdrawal’ beside the currency of your choice. The incoming address is where you can deposit your funds. Make sure to send the assets to the correct information to get rid of loss and delays. It usually takes 10-30 minutes for the processing depending on the cryptocurrency you choose.

Cool! You have successfully deposited Ethereum in your Upbit account.

 

2. Deposit Fiat money on your Upbit account

For Fiat deposit transactions, access the ‘Disbursement’ page just like what you do when you process a Ethereum deposit. There are no fees as well in making this type of funding.

Select the asset that you’d like to fund and go to KRW charge. You should be able to view additional instructions on how to proceed once your account gets authenticated. Always see to it that all information you input is accurate to achieve a smooth and issue-free transaction.

If you wish to check your deposit, you can easily access the ‘Investment History’ page and going to the ‘Deposit/withdrawal waiting’ section.

You can also check it via ‘Deposit history’ of the ‘Disbursement’ page.

Congratulations! You have effortlessly funded your Upbit account with Fiat money.

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.