Once you have a verified account, you may now go ahead and withdraw funds from Bitlish. Just like their deposit process, getting your funds from this platform is also easy and quick. You will have the option to process Fiat or cryptocurrency withdrawal.
Below are steps to guide you in making a withdrawal on Bitlish.
Go to the log-in page to start.
Key in your email/phone number which you have used during registration as well as your password. Tick the Captcha box and click Login.
Get the 6-digit code from your phone, enter on the ‘Confirmation code’ field and hit Confirm.
Go to the ‘Finance’ page to start your withdrawal.
Once you’re on the Finance page, scroll down and locate the Balance section. Select the cryptocurrency of your choice and click Withdraw. Take note that the withdraw option or button only shows up for verified users.
Key in the amount that you intend to withdraw and hit Proceed. Go through with the instructions on the next screen until you complete the transaction. Please note that there is a 0.001 BTC fee for each withdrawal.
There are different options in withdrawing Fiat money from Bitlish. You have options to send the funds to your card, online payments, and vouchers.
From the Finance page, go to the Balance section and click the ‘Withdraw’ button of the currency with which you want to withdraw. Just like cryptocurrencies, only verified users could process Fiat withdrawal. The Withdraw button will not appear on unverified accounts.
Click the withdraw method that you would like to utilize and hit Proceed. Follow the steps or instructions on the next page and wait for the confirmation.
Your withdrawal transaction will show on the Finance page just below the Balance section. Click the ‘Account operations’ tab and choose ‘Withdraw’ for the type.
At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Monero (XMR) or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.
This guide will help any individual make his/her first deposit on Bitfinex a success.
Click this link to access the exchange site.
Log-in using your registered account. Make sure to copy the Captcha text.
Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.
After logging in click the Deposit tab on the top of the page.
Depositing Monero (XMR) does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.
From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.
Read the guidelines on the screen especially regarding the fees before proceeding.
After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.
Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).
Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.
To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.
If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.
Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.
You can check your deposit transaction on the Deposit section under Recent Deposits.
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.