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

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 Coinfloor

As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Ethereum, both process is easy to initiate and complete.

If you wonder how to do this, you can quickly go through the steps below.

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

To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.

Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.

1. Deposit Ethereum on your Coinfloor account

Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Ethereum as your deposit.

Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Ethereum deposits 24/7.

Note: For more info about Ethereum deposits you can check Coinfloor’s support page here.

Perfect! You have done an excellent job for putting some Ethereum in your Coinfloor account.

2. Deposit Fiat money on your Coinfloor account

Just like Ethereum deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.

When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.

The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.

Note: For more info regarding Fiat deposits (including fees), feel free to check this link.

To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.

Congratulations! You have finally funded your Coinfloor account with Fiat money.

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