Ultimate guide on how to transfer
Ethereum from Bithumb to Upbit

Step by step guide on how to withdraw Ethereum from your Bithumb account

Bithumb only allows Fiat money (KRW) withdrawals to Korean residents. Other users have the option to withdraw cryptocurrency like Ethereum and here the easy steps to follow:

Go to https://www.bithumb.com  and click on “Sign In.”

Enter the email and password you registered.

Enter the security password you used when you signed up then click “Confirm.”

After logging in, click on the “Wallet” button located at the top bar and select “Withdrawal.”

On the Withdrawal section, select the Ethereum or currency you want to withdraw.

Next, enter the amount you wish to withdraw, together with the bank name, bank account, account number, account holder’s name. Always double check your information before submitting withdrawal transactions as it can no longer be reverted and could cause you to lose funds.

Also, type in the cell phone verification code for authentication purposes, and then click “Withdrawal Request.”

Check the transaction history at the bottom of the page where it says “History” or by clicking on the “Pending Order” and “Completed Orders.”

Fantastic! You have just withdrawn Ethereum from your Bithumb account. 

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.

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