Ultimate guide on how to transfer
Ethereum from Private: Gatecoin to Bitfinex

Step by step overview on how to withdraw Ethereum from Gatecoin

Making withdrawals from your funded Gatecoin account is simple. You can withdraw crypto Ethereum or Fiat money, depending on what you have saved.

Let’s check these steps to help you withdraw funds from your Gatecoin account:

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

Click here to open the exchange site.

Log in using the email address and password you’ve filed for Gatecoin.

Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Withdraw’ which is the sixth option from the top.

1. Withdraw Ethereum from your Gatecoin account

For Ethereum withdrawals, go to ‘Withdraw Funds’ and click on your Ethereum. In this example, we are using BTC.

Next, add your wallet address by clicking on the plus sign next to”Account.”

Click on the “Add Address” button to select the Ethereum address. Make sure to select the correct one as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen.

After typing in the address and password, click on the ‘Save’ icon to continue.

Go back to the ‘Withdraw Funds’ page and fill in the amount,  add a comment when needed, then click on the ‘Send’ button to proceed.

Most Ethereum withdrawals from Gatecoin are processed instantly. If you’d like to view pending and previously processed transactions, go to ‘History’.

Good work! You have successfully processed Ethereum withdrawal from Gatecoin!

 

2. Withdraw Fiat money from your Gatecoin account

To withdraw Fiat money, go to the ‘Accounts’ tab and add an account if you have not yet registered a bank account on Gatecoin.  Enter all the essential information correctly like your bank code and ensure that this information is exactly the same as the bank statement. Otherwise, the transaction request will be rejected or you could lose your money if you supply incorrect information.

After adding the bank account, go to “Withdraw Funds” and select the fiat currency in which you would like to withdraw funds. Then, double check your request summary and press “Send” to continue.

Withdrawal transaction can take up to two to three business days. If you’d like to view pending and previously processed transactions, go to ‘History’.

Excellent! You have successfully processed Fiat money withdrawal from your Gatecoin account.

Step by step overview on how to deposit Ethereum on Bitfinex

At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Ethereum or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.

This guide will help any individual make his/her first deposit on Bitfinex a success.

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

Click this link to access the exchange site.

Log-in using your registered account. Make sure to copy the Captcha text.

Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.

After logging in click the Deposit tab on the top of the page.

1. Deposit Ethereum on your Bitfinex account

Depositing Ethereum does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.

From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.

Read the guidelines on the screen especially regarding the fees before proceeding.

After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.

Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).

Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.

To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.

Perfect! You have deposited Ethereum on your Bitfinex account. 

 

2. Deposit Fiat money on your Bitfinex account

If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.

Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.

You can check your deposit transaction on the Deposit section under Recent Deposits.

Great job! You have effortlessly funded Ethereum on your Bitfinex account.

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