Ultimate guide on how to transfer
Ethereum from Independent Reserve to BitBay

Step by step overview on how to withdraw Ethereum from Independent Reserve

After completing the account verification process and submitting the required documents to check your identity, you’ll then be able to process different transactions like processing Ethereum withdrawal from Independent Reserve exchange.

These are the easy-to-follow steps to help you withdraw Ethereum from Independent Reserve.

  1. Withdraw Ethereum from Independent Reserve
  2. Withdraw Fiat money from Independent Reserve

Click this link to access the exchange site.

After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To withdraw, you need to view the list first and click on “withdraw” in-line with your currency selection.

1. Withdraw Ethereum from your Independent Reserve account

There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Ethereum. To withdraw Ethereum from your account, make your selection from the list under “accounts” and click on “withdraw.”

You will then be routed to another page where you’d get to enter your amount, destination address, and comments. Just like what the instruction says, make sure to use the correct address in making Ethereum withdrawal to avoid losing your funds.

Click on “Withdraw” to continue.

You can view your withdrawal transactions under “Withdrawals” and by selecting your Ethereum.

You did it! You have withdrawn Ethereum from your Independent Reserve account. 

 

2. Withdraw Fiat money from your Independent Reserve account

To withdraw Fiat money from your Independent Reserve account, go to “accounts” and select your currency from the list. Once you’ve made your selection, all you have to do is click on “withdraw.”

You will then be routed to another page where you can select your method of withdrawal transaction and supply the required information asked by the system.

You can view your withdrawal transactions under “Withdrawals” and by selecting your currency.

You did it! You have withdrawn Fiat money from your Independent Reserve account. 

Step by step overview on how to deposit Ethereum on BitBay

You can acquire funds in your BitBay account through digital currencies like Ethereum orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.

Here you will find steps that can help you make your first Ethereum deposit on BitBay.

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

First off, access the log-in page of the exchange.

Once the log-in page is up, enter your registered email address or username and hit Log In.

how to login on BitBay

Also, type in your chosen password and click Log In.

how to login on BitBay

Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.

how to login on BitBay

After signing in go to the ‘Wallets’ section to start your deposit.

how to deposit funds on BitBay

1. Deposit Ethereum on your BitBay account

As mentioned, Ethereum deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.

how to deposit Ethereum on BitBay

Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.

how to deposit Ethereum on BitBay

Awesome! Ethereum deposit on BitBay has been successful.

 

2. Deposit Fiat money on your BitBay account

For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.

To start, select the currency of your deposit from the left panel. In this example, we are using USD.

how to deposit fiat on BitBay

Click ‘Wire bank transfer’ on the right section of the page.

how to deposit fiat on BitBay

The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.

how to deposit fiat on BitBay

You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.

From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.

how to deposit fiat on BitBay

Enter the amount of your deposit and click the ‘Deposit’ button.

how to deposit fiat on BitBay

Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.

how to deposit fiat on BitBay

You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.

how to view deposit on BitBayExcellent! You have finally placed Fiat money into your BitBay account.

Which Cryptocurrency do you want to buy, transfer or store?

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.