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.

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

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

Click ‘Withdraw’ to start your withdrawal.

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.

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.

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.

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 You have successfully withdrawn Ethereum from your Coinfloor account.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.

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.

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.

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

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 You have easily withdrawn Fiat money from your Coinfloor account.

Step by step overview on how to deposit Ethereum on BitInka

Putting funds into your BitInka account can be done by either depositing through Ethereum or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Ethereum deposit, account verification is not necessary.

Here, you will find steps that you can follow in funding your BitInka account.

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

Click this to access the platform.

Once the site is up log-in with your registered account.

After logging in, you’ll be routed directly to the Wallet section.

1. Deposit Ethereum on your BitInka account

To initiate a Ethereum deposit,  click on the ‘Cryptocoins’ tab.

Choose the Ethereum that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Ethereum.

The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Ethereum and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001  BTC.  You will receive three confirmation notices before your Ethereum deposit arrives which usually takes up to 24 hours.

Great! You have added Ethereum on your BitInka account. 

2. Deposit Fiat money on your BitInka account

Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.

From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.

Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.

Awesome job! You now have deposited Fiat money on your BitInka account.