Ultimate guide on how to transfer
Monero (XMR) from Bitfinex to Huobi

Step by step overview on how to withdraw Monero (XMR) from Bitfinex

After a couple of trading activities on Bitfinex, you may now go ahead and make your first Monero (XMR) withdrawal. Whether it’s a Fiat or cryptocurrency withdrawal, the process outlined by Bitfinex is straightforward, and anybody can do it even beginners. Take note though that only verified users can make a Fiat money withdrawal.

To help you achieve your first withdrawal, we have prepared this guide for you to follow.

  1. Withdraw Monero (XMR) from Bitfinex
  2. Withdraw Fiat money from Bitfinex

To start, open the Bitfinex site through this link.

Log-in with the email address and password you used during registration, enter the Captcha text and click Log in.

how to login on Bitfinex

For 2FA enabled account, enter the 6-digit code from the authenticator app and hit Authenticate.

how to login on Bitfinex

Go to the ‘Withdraw’ section to start the activity.

how to withdraw funds from Bitfinex

1. Withdraw Monero (XMR) from your Bitfinex account

From the Withdraw page select which cryptocurrency you would like to get the funds from under the ‘Cryptocurrencies’ panel.

how to withdraw Monero (XMR) from Bitfinex

Enter the receiving wallet address, the amount you want to send, the sending wallet and your Note if any. Tick the small boxes to confirm that you wish to add a note for this transaction and that you have understood all the terms and conditions. Click the ‘Request Withdrawal’ button to proceed. Also before sending the request, a ‘Receive Amount’ field will show which tells you the total amount you will receive less the Tx Fee. This action usually takes up to 12 hours to complete.

how to withdraw Monero (XMR) from Bitfinex

Great work! You have successfully withdrawn Monero (XMR) from Bitfinex.

 

2. Withdraw Fiat money from your Bitfinex account

For you to withdraw Fiat money from your Bitfinex account, go to the ‘Withdraw’ section and select the currency you wish to take the funds from under Bank Wire. On the next page, fill in your wire information such as name, address and bank details.

If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days). Whereas if it’s an ‘Express Withdrawal’ the fee is 1% and with a processing time of 24 hours or 1 business day.

how to withdraw fiat money from Bitfinex

You can check the withdrawal that you’ve just made from the ‘Withdraw’ page under the ‘Recent Withdrawals’ section.

how to view withdrawal on BitfinexCongratulations! You have made your first Monero (XMR) withdrawal from Bitfinex.

Step by step overview on how to deposit Monero (XMR) on Huobi

Adding funds into your Huobi account can be done by depositing cryptocurrencies like Monero (XMR). After making sure that your Huobi 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 Huobi account.

Click this to access the platform.

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

huobi_deposit

After logging in, go to “Balances” and select the currency you want to deposit. You can either type in your Monero (XMR) or manually search it from the list. In this example, we are using BTC.

Click on “Deposit.”

You will then be able to see your Monero (XMR) address. Please make sure that you only send the same type of digital assets to this address. This means you can only send Monero (XMR) into your Monero (XMR) address and not other digital assets. If you deposit different digital assets to the address, you will lose your money permanently.

The process typically takes 10-60 minutes. To view your pending and previous transactions, click on “History.”

Awesome! You have successfully funded Monero (XMR) on your Huobi account.

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