Ultimate guide on how to transfer
Ethereum from Private: Simex to BitInka

Step by step guide on how to withdraw Ethereum from your account on Simex

Simex is a user-friendly exchange platform that allows both Fiat and crypto-to-crypto transactions.

Here are the steps on how to process Ethereum withdrawal from Simex:

  1. Withdrawing Fiat money from Simex
  2. Withdrawing Ethereum from Simex

Go to https://simex.global/en and log into your account

Select “Withdraw” from the Finance tab.

1. How to withdraw Fiat money from your account on Simex

To withdraw funds, update your bank details first in your “Withdraw Accounts” page.

From the “Withdraw” page, select the financial account you wish to withdraw funds from. Enter the amount you want to withdraw, and select the method you wish to use. Once done, click the “Next” button.

For RUB, Visa & MasterCard debit cards, Yandex, Money, Webmoney RUR are allowed and for USD, Wire Transfer is offered.

Withdrawal requests are processed within 24 hours. Funds transfer to your bank debit card may take up to 5 business days.

Good job! You have just withdrawn Fiat money from your account.

 

2. How to withdraw Ethereum from your account on Simex

Open the “Withdraw” page in your Finances tab, and choose the financial account you wish to withdraw funds from.

Enter the desired sum you want to withdraw. Select the method you prefer to use to complete the withdrawal and press the “Next” button.

Digital wallets are processed online in real time, unlike Fiat money which takes up to five business days.

Congratulations! You have successfully withdrawn Ethereum from your account.

Step by step overview on how to deposit Ethereum on BitInka

Putting funds into your BitInka account can be done by either depositing through Ethereum or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Ethereum deposit, account verification is not necessary.

Here, you will find steps that you can follow in funding your BitInka account.

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

Click this to access the platform.

Once the site is up log-in with your registered account.

After logging in, you’ll be routed directly to the Wallet section.

1. Deposit Ethereum on your BitInka account

To initiate a Ethereum deposit,  click on the ‘Cryptocoins’ tab.

Choose the Ethereum that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Ethereum.

The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Ethereum and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001  BTC.  You will receive three confirmation notices before your Ethereum deposit arrives which usually takes up to 24 hours.

Great! You have added Ethereum on your BitInka account. 

2. Deposit Fiat money on your BitInka account

Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.

From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.

Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.

Awesome job! You now have deposited Fiat money on your BitInka 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.