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:
Go to https://simex.global/en and log into your account
Select “Withdraw” from the Finance tab.
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.
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.
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.
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.
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.
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.
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