Ultimate guide on how to transfer
Ethereum from Coinfloor to BitBay

Step by step overview on how to withdraw Ethereum from Coinfloor

The process and security being implemented by Coinfloor for their deposits are also the same with how one make withdrawals from their platform. Additionally, the steps are also very much easy to follow just like other exchanges.

As such, we have prepared this guide for you to follow so your first withdrawal will become a success.

  1. Withdraw Ethereum from Coinfloor
  2. Withdraw Fiat money from Coinfloor

As what we usually do, you will have to log in to your account first by putting in your registered email address and password. You can also tick the small box if you’re a trader and wishes to disable the additional 2FA. When you’re ready, click the ‘Sign In’ button.

how to signin on coinfloor

Input the 2FA code from your Authy device and hit the ‘Submit Authy Code’ button. You have enabled this during account registration.

how to signin on coinfloor

Hit on the ‘My Account’ tab which you can see on the top navigation bar.

how to withdraw funds from coinfloor

Click ‘Withdraw’ to start your withdrawal.

how to withdraw funds from coinfloor

1. Withdraw Ethereum from your Coinfloor account

To withdraw Ethereum from Coinfloor, you must register your cryptocurrency wallet address first before placing a request. To initiate this, select Ethereum from the list by clicking on it.

how to withdraw Ethereum from coinfloor

Carefully read all the instructions and tick the small box confirming that you have understood and accepted everything. Hit on the ‘Register Ethereum Withdrawal Details’ button once done.

how to withdraw Ethereum from coinfloor

Enter your Ethereum withdrawal address on the designated field. This particular info is a long string of combined letters and numbers. To continue, hit on Register. Coinfloor processes requests from their multi-signature cold storage vaults once daily and during business hours.

how to withdraw Ethereum from coinfloor

Great job! You have successfully withdrawn Ethereum from your Coinfloor account.

2. Withdraw Fiat money from your Coinfloor account

If for any reason you want to withdraw Fiat instead of crypto coins, you can also do it from the ‘Withdraw’ section of the exchange. From the list, choose the asset or currency from which you will be sourcing the funds.

how to withdraw fiat from coinfloor

After going through the instructions and reminders, tick the box confirming that you have understood everything, and click on the ‘Register (chosen currency/asset) Withdrawal Details’ button.

how to withdraw fiat from coinfloor

On the next page, you will need to enter your bank account details. Be sure to provide accurate info to prevent any issues. Hit on Register to continue.

Coinfloor processes these requests once a day and during business hours. USD & GBP withdrawals are usually received in 1-5 working days, whereas EUR withdrawals arrive in 1-2 business days.

Note: For additional information about withdrawals, you can also check Coinfloor’s support section.

how to withdraw fiat from coinfloor

Here, you can view the withdrawal that you’ve just made. You can locate this by accessing your ‘My Account’ page.

how to view deposit and withdrawal on coinfloor

Congratulations! You have easily withdrawn Fiat money from your Coinfloor account.

Step by step overview on how to deposit Ethereum on BitBay

You can acquire funds in your BitBay account through digital currencies like Ethereum orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.

Here you will find steps that can help you make your first Ethereum deposit on BitBay.

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

First off, access the log-in page of the exchange.

Once the log-in page is up, enter your registered email address or username and hit Log In.

how to login on BitBay

Also, type in your chosen password and click Log In.

how to login on BitBay

Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.

how to login on BitBay

After signing in go to the ‘Wallets’ section to start your deposit.

how to deposit funds on BitBay

1. Deposit Ethereum on your BitBay account

As mentioned, Ethereum deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.

how to deposit Ethereum on BitBay

Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.

how to deposit Ethereum on BitBay

Awesome! Ethereum deposit on BitBay has been successful.

 

2. Deposit Fiat money on your BitBay account

For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.

To start, select the currency of your deposit from the left panel. In this example, we are using USD.

how to deposit fiat on BitBay

Click ‘Wire bank transfer’ on the right section of the page.

how to deposit fiat on BitBay

The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.

how to deposit fiat on BitBay

You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.

From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.

how to deposit fiat on BitBay

Enter the amount of your deposit and click the ‘Deposit’ button.

how to deposit fiat on BitBay

Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.

how to deposit fiat on BitBay

You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.

how to view deposit on BitBayExcellent! You have finally placed Fiat money into your BitBay account.

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.