To withdraw Maker (MKR) from BitBay, one must have a verified account first. Either, you take out some Maker (MKR) or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.
Today, we will show you how to withdraw Maker (MKR) from your BitBay account with ease and comfort.
Let’s log-in to your account first by going to the log-in page.
Type in your registered email address and click Log In.
Next, enter your password on the field provided and hit Log In again.
If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.
Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.
To withdraw Maker (MKR) from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.
Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.
If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.
Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.
On the next page, click on Bank transfer.
Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.
The system will send an authorization code to your email. Open your email to retrieve this code.
Copy the authorization code from the email just like the one you see below.
Paste the code on the box and hit Confirm. The transfer may take up to two business days.
There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.
To do this select PLN from the list of currencies and click ATM withdrawal.
Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.
Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.
Note: SMS code is only valid for 48 hours.
To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.
Placing funds into your Bittrex account is possible by depositing cryptocurrencies like Maker (MKR) and Fiat money. After making sure that your Bittrex account is safe to use and is fully verified, you can proceed with performing deposit transactions.
Here, you will find steps that you can follow in funding your Bittrex account.
Click this to access the platform.
Once the site is up, log-in with your registered account.
Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.
To deposit Maker (MKR) on Bittrex, select your Maker (MKR) from the list of available cryptocurrencies. Initially, the page seems empty. You may want to click on “Show zero balance” to view the list or directly type in Maker (MKR). So, in this example, we will deposit BTC.
After typing in BTC, the list filters and displays BTC only. There are two icons beside the Maker (MKR), and for deposit, select the green icon.
A new box pops-up. Click “New Address” to generate your address. Please make sure to read the Maker (MKR) deposit instructions if they are available. Some coins require a minimum amount to be sent before they are credited, and some ask for a message/payment/tag/memo. Therefore, you must send Maker (MKR) to the address provided and attach the needed notes to the deposit for Bittrex to route it to your account.
Also, make sure that you only send the same type of coins to the address. Meaning, if you generated a Maker (MKR) address you deposit Maker (MKR) to it and not some other coin. If instructions are not followed, you will risk losing your funds permanently.
For Fiat money deposit, select your currency from the list. Click on “Show zero balance” to view the entire list or directly type in the currency of your choice. So, in this example, we will deposit USD.
After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for deposit, select the green icon.
Important reminders: Bittrex now supports eligible personal and corporate accounts for USD deposits. International customers and those operating in the States of California, New York, Montana, and Washington are eligible as long as the identity verification process is completed. It is a requirement to request your account(s) be added to the USD markets. If you already have an existing account, you can process your request in a few minutes, and it gets approved in just a few days.
Click here to view the requirements needed.
After the deposit process, you can check your transactions under “Pending Deposits” and “Deposit History” when you scroll down the page.
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