Once you have a verified account, you may now go ahead and withdraw funds from Bitlish. Just like their deposit process, getting your funds from this platform is also easy and quick. You will have the option to process Fiat or cryptocurrency withdrawal.
Below are steps to guide you in making a withdrawal on Bitlish.
Go to the log-in page to start.
Key in your email/phone number which you have used during registration as well as your password. Tick the Captcha box and click Login.
Get the 6-digit code from your phone, enter on the ‘Confirmation code’ field and hit Confirm.
Go to the ‘Finance’ page to start your withdrawal.
Once you’re on the Finance page, scroll down and locate the Balance section. Select the cryptocurrency of your choice and click Withdraw. Take note that the withdraw option or button only shows up for verified users.
Key in the amount that you intend to withdraw and hit Proceed. Go through with the instructions on the next screen until you complete the transaction. Please note that there is a 0.001 BTC fee for each withdrawal.
There are different options in withdrawing Fiat money from Bitlish. You have options to send the funds to your card, online payments, and vouchers.
From the Finance page, go to the Balance section and click the ‘Withdraw’ button of the currency with which you want to withdraw. Just like cryptocurrencies, only verified users could process Fiat withdrawal. The Withdraw button will not appear on unverified accounts.
Click the withdraw method that you would like to utilize and hit Proceed. Follow the steps or instructions on the next page and wait for the confirmation.
Your withdrawal transaction will show on the Finance page just below the Balance section. Click the ‘Account operations’ tab and choose ‘Withdraw’ for the type.
Bitstamp offers its users two ways to fund their account. You can do this through Fiat money or with your favorite cryptocurrency after passing the verification stage. The process is also pretty much the same with other exchanges.
The steps below will help you make your first deposit successful.
Let’s start by accessing the log-in page. Afterward, enter your User ID and password, then click the Login button to proceed.
If your account is 2FA-secured, you will have to retrieve the 6-digit code from your authenticator app. After entering the token, hit Continue.
Now that you are already logged in, you can now start your deposit. But before doing so, you have to select your currency as directed by the arrow on the left. In this example, we will choose EUR/ETH since we are going to fund with EUR and buy ETH. After this, click on the Deposit tab to go to the next page.
Just like the majority of the exchanges, putting money into your Bitstamp account using Ethereum is also very easy and straightforward. However, you have to make sure to verify your account to make this option available.
On the deposit page, choose the cryptocurrency that you wish to fund. We will use Bitcoin as our example. The address where you need to send the money will show up on the next screen. Bitstamp requires at least three confirmations for the transaction to become successful and they will send you an email confirming the deposit that you’ve just made.
If for some reason you want to fund your account with Fiat money instead of Ethereum, Bitstamp also has this option and you can do it in different ways. For this step, we will utilize the EU Bank (SEPA) option as an example.
SEPA is a payment integration initiative of the European Union of bank transfers that the euro currency dominates. It stands for Single Euro Payments Area.
From the left panel, click on ‘EU Bank (SEPA)’ to start the process.
Fill in your First and Last Name, Account Balance, and Amount. Then click on Deposit.
On the next page, you will receive the information as to where you’re going to send the money. Bitstamp will be basing this on the details that you provide from the previous form. Make sure to take note of this.
Fill out the SEPA form on the next step with your information (debtor/payer) and Bitstamp’s data (creditor/beneficiary). You can do this via online or directly at the bank.
Note: Your “Message number” is vital as this is one way for Bitstamp to know that it is your account you claimed to be yours. So make sure to enter it as a transfer reference on the Debtor’s data.
SEPA deposits usually take 1-3 business days before they appear on your Bitstamp account (excluding weekends and bank holidays). They will send you a confirmation via email once the transaction becomes successful.
To view your deposit, all you need to do is access your Account page, click Transactions and select ‘Deposit’ as the Type.
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