Withdrawing funds from your BitInka account is very easy and straightforward. However, just like any other exchanges verification is necessary before you can make a withdrawal. Also, if you wish to withdraw from your local currency, you must first register your bank account.
To help you with the withdrawal process, we have prepared below easy-to-follow steps.
Click this to access the platform.
Log-in with your registered BitInka account.
After logging in, you’ll be routed right away to the Wallet section of the exchange.
To withdraw Ethereum, click on the ‘Cryptocoins’ tab.
Select the coin to which you want to withdraw your funds from and hit the ‘Withdraw’ button. Enter the amount to be transferred and to which wallet address on the next page. This operation is final so be sure to use the correct crypto-wallet address. Confirmation of this transaction may take up to 24 business hours.
For Fiat money withdrawal, click on the ‘Currency’ tab.
Select the currency or fiat to which you want to make a withdrawal and then click the ‘Withdraw’ button of that currency. On the following page, provide the required information such as the amount to be withdrawn. Confirmation of this transaction will arrive within 24 to 72 hours.
To view your transaction, go to the ‘Withdrawal’ section and choose the Ethereum or Fiat money that you have withdrawn.
With Kraken, you can deposit cryptocurrencies like Ethereum as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.
Here are the steps on how to deposit Ethereum on your registered and confirmed Kraken account:
Click here to open the exchange site and click on “Log in.”
Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”
Once you’re logged in, click on “Funding” to start depositing.
To deposit Ethereum, click on “Deposit” and select your preferred Ethereum. Make sure that the Ethereum deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Ethereum to the address as transactions sent to the wrong address may not be recoverable.
For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.
After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.
To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.
Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.
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