HitBTC has an easy way of withdrawing funds. However, you can only process transactions for cryptocurrencies as Fiat currencies like US dollar, Euros, British Pounds, and more are currently not available.
Here are guided steps on how to withdraw funds from you HitBTC account:
Go to https://hitbtc.com and log into your account using the email and password you’ve registered, then click “Sign in.”
To withdraw your Ethereum, proceed to the “Account” tab. Click on the “Withdraw” button next to your Ethereum.
Before making any withdrawal, make sure that the amount you’d wish to withdraw is deposited on your main account, so you can transfer it from your trading account if needed. Hit the “Transfer” button to proceed.
After transferring your funds from your primary account to the trading account, you can proceed to process the withdrawal.
Enter the amount you’d want to withdraw and paste the receiving address to the “Address” field. Make sure that you’re using the correct address. Once your money has been sent, the transaction wouldn’t be reversed.
Once ready, click “Withdraw.”
After hitting the “Withdraw” button and typing in the authentication code, the following notification is going to pop-up: “Your withdrawal request requires confirmation by e-mail.”
Open your email and locate the message from firstname.lastname@example.org, with a subject line “Withdraw verification” that looks like this:
Click the link to confirm your withdrawal. You can manage your withdrawals in the “Reports – Payment history,” or in the “Latest transactions” section at the bottom of the screen.
The three yellow dots show that your withdrawal is being processed. Once completed, it will turn green.
Bitstamp offers its users two ways to fund their account. You can do this through Fiat money or with your favorite cryptocurrency after passing the verification stage. The process is also pretty much the same with other exchanges.
The steps below will help you make your first deposit successful.
Let’s start by accessing the log-in page. Afterward, enter your User ID and password, then click the Login button to proceed.
If your account is 2FA-secured, you will have to retrieve the 6-digit code from your authenticator app. After entering the token, hit Continue.
Now that you are already logged in, you can now start your deposit. But before doing so, you have to select your currency as directed by the arrow on the left. In this example, we will choose EUR/ETH since we are going to fund with EUR and buy ETH. After this, click on the Deposit tab to go to the next page.
Just like the majority of the exchanges, putting money into your Bitstamp account using Ethereum is also very easy and straightforward. However, you have to make sure to verify your account to make this option available.
On the deposit page, choose the cryptocurrency that you wish to fund. We will use Bitcoin as our example. The address where you need to send the money will show up on the next screen. Bitstamp requires at least three confirmations for the transaction to become successful and they will send you an email confirming the deposit that you’ve just made.
If for some reason you want to fund your account with Fiat money instead of Ethereum, Bitstamp also has this option and you can do it in different ways. For this step, we will utilize the EU Bank (SEPA) option as an example.
SEPA is a payment integration initiative of the European Union of bank transfers that the euro currency dominates. It stands for Single Euro Payments Area.
From the left panel, click on ‘EU Bank (SEPA)’ to start the process.
Fill in your First and Last Name, Account Balance, and Amount. Then click on Deposit.
On the next page, you will receive the information as to where you’re going to send the money. Bitstamp will be basing this on the details that you provide from the previous form. Make sure to take note of this.
Fill out the SEPA form on the next step with your information (debtor/payer) and Bitstamp’s data (creditor/beneficiary). You can do this via online or directly at the bank.
Note: Your “Message number” is vital as this is one way for Bitstamp to know that it is your account you claimed to be yours. So make sure to enter it as a transfer reference on the Debtor’s data.
SEPA deposits usually take 1-3 business days before they appear on your Bitstamp account (excluding weekends and bank holidays). They will send you a confirmation via email once the transaction becomes successful.
To view your deposit, all you need to do is access your Account page, click Transactions and select ‘Deposit’ as the Type.
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.