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.
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.
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.
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.
With OKCoin, you can deposit cryptocurrencies like Ethereum as well as Fiat money.
Here are the steps on how to deposit funds on your registered and confirmed OKCoin account:
Click here to open the exchange site.
You have three options when logging in. As shown on the image below, you can log in using your linked phone number, registered email address, and sub-account.
In this example, we are logging in using the email address and password I’ve filed for OKCoin.
Once logged in, you will see the “My Wallet” page where you can see available tokens. To deposit, click on “Token Deposit” from your selected Ethereum or currency.
For Ethereum deposit, select your Ethereum under “Token Deposit”. We are using Bitcoin in this example.
Copy the current deposit address or select your wallet address by clicking on “Address history.” 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.
You can check your balance by clicking on the “Balance” menu available on the right side of the page.
For Fiat money deposit, select your currency under “Token Deposit”. We are using USD in this example.
Choose your bank of deposit and enter your desired amount (as per latest update, the minimum is USD100; maximum depends on your KYC level). Read OKCoin’s terms of service and check the box, then click on “Submit.” After submission, you will be redirected to the deposit confirmation page which shows the details of the beneficiary bank.
Make sure to complete the deposit within 72 hours, or the request will be canceled. It is a must to enter all the required information of the beneficiary bank as instructed in order not to lose your money.
Note: KYC level 2 is required for USD deposit as shown on the image below.
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