Withdrawing funds from your Huobi account is easy. However, prior to making deposit and withdrawal transactions, you have to go through verification processes to ensure your safety.
Here, you will find steps that you can follow in withdrawing funds from Huobi account.
Click this to access the platform.
Once the site is up, log-in with your registered account.
After logging in, go to “Balances” and select the currency you want to withdraw. You can either type in your Monero (XMR) or manually search it from the list. In this example, we are using BTC.
Click on “Withdraw.”
Key in the Monero (XMR) address as well as your amount. Make sure the correct Monero (XMR) address is entered to avoid losing your money permanently as withdrawal transactions can no longer be reverted.
Click on “Withdraw.”
The Security authentication box will pop-up. Input the codes needed and click on “Confirm.” The next page is for you to submit the required documents. Once submitted, it’ll be processed within 30 minutes.
If this step is skipped, you need to wait for a call within 24 hours to go through phone verification from an officer in charge.
Click on “History” to monitor the status of your withdrawal. Remember that 6/6 confirmation must be met.
You can acquire funds in your BitBay account through digital currencies like Monero (XMR) orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.
Here you will find steps that can help you make your first Monero (XMR) deposit on BitBay.
First off, access the log-in page of the exchange.
Once the log-in page is up, enter your registered email address or username and hit Log In.
Also, type in your chosen password and click Log In.
Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.
After signing in go to the ‘Wallets’ section to start your deposit.
As mentioned, Monero (XMR) deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.
Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.
For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.
To start, select the currency of your deposit from the left panel. In this example, we are using USD.
Click ‘Wire bank transfer’ on the right section of the page.
The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.
You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.
From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.
Enter the amount of your deposit and click the ‘Deposit’ button.
Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.
You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.
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