Ultimate guide on how to transfer
Maker (MKR) from Bibox to BitInka

Step by step guide on how to withdraw Maker (MKR) from your Bibox account

In Bibox, only cryptocurrencies are allowed (no Fiat money).

We are going to teach you how to withdraw Maker (MKR) from your Bibox account and here are the steps:

Open the Bibox website – https://www.bibox.com

Log into your account by entering the email and password you registered.

Go to “Assets” located at the top bar beside your profile.

 

From the Assets page, go to the “Withdraw” section. Select your Maker (MKR) and enter the required details such as the amount and the withdrawal address. Pay attention to the wallet address that you’re copying as processed Maker (MKR) withdrawals can no longer be reverted. If you transact with the wrong one, you will lose your money permanently. Click the Withdraw Maker (MKR) button to continue.

 

To check on the status of the withdrawal transaction that you just made, go to the “Withdrawal” section.

 

Awesome! You have just successfully withdrawn Maker (MKR) from your Bibox account.

Step by step overview on how to deposit Maker (MKR) on BitInka

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

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

  1. Deposit Maker (MKR) 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 Maker (MKR) on your BitInka account

To initiate a Maker (MKR) deposit,  click on the ‘Cryptocoins’ tab.

Choose the Maker (MKR) that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Maker (MKR).

The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Maker (MKR) 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 Maker (MKR) deposit arrives which usually takes up to 24 hours.

Great! You have added Maker (MKR) 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.

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