To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Ethereum or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.
Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.
Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.
For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.
Go to the ‘Withdrawal’ page as directed by the arrow on the image below.
From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Ethereum withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.
For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.
The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.
Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.
Access your email inbox and click on the link that is in the email that you receive from Bitstamp.
The status will now change to ‘Waiting’ to be processed.
Another email will arrive in your inbox confirming your withdrawal.
As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.
If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.
With YoBit, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.
Let’s follow these steps to help you deposit funds on your registered and verified YoBit account:
Click here to open the exchange site.
Start by logging in using the email address and password you’ve registered for YoBit.
Click on “Wallets” to view your funds as well as the available Ethereums. To deposit, select your currency from the list and click on the plus sign under “Deposit.”
For Ethereum deposit, refer to the list under “Wallet.” In this example, we are using Bitcoin.
You can highlight it to make sure that you are working on your Ethereum and click on the plus sign.
The “Deposit” window pops up with the wallet address. Copy the address, scan the code, or generate a new one. Send the transaction to continue. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Ethereum as it can no longer be reverted.
To view your deposit transaction, click on “History”.
For Fiat money deposit, refer to the list under “Wallet.” In this example, we are using USD.
You can highlight it to make sure that you are working on your preferred currency and click on the plus sign.
The “Deposit” window pops up with the payment methods. Make your selection, enter the amount, and click on “Deposit.”
Follow the instructions and fill out the information correctly as it is shown on the account statement. If you fail to provide accurate information, you could lose your money as processed deposits can no longer be reverted.
To view your deposit transaction, click on the “History”.
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