GDAX or Coinbase Pro offers straightforward steps in processing Multi-collateral DAI (DAI) or Fiat money withdrawals. To gain access to all available features on GDAX, you need to completely verify your account.
We prepared this guide to help you with your first Multi-collateral DAI (DAI) withdrawal on GDAX.
Access the GDAX website by clicking this link. The link is now showing as Coinbase Pro.
Once you’re logged in, type in your registered email address and password.
After logging in, proceed at the upper-left side corner of the page and select your currency, then click on “Withdraw.”
To withdraw Multi-collateral DAI (DAI) from your GDAX account, select your Multi-collateral DAI (DAI) from the drop-down menu under “Select currency.” After selecting your Multi-collateral DAI (DAI), click on “Multi-collateral DAI (DAI) address” and enter the address. Make sure that you supply the correct one to avoid losing funds as it can no longer be reverted once completely processed.
Click on “Withdraw funds” to proceed.
To deposit Multi-collateral DAI (DAI) on your GDAX account, select your Multi-collateral DAI (DAI) from the drop-down menu under “Select currency.” After selecting your currency, you will be routed to another page showing you different methods to select from in processing withdrawal. Fill out the form with the information required by the system. Make sure your information are accurate and complete to avoid delays or losing funds. Click on “Withdraw funds” to proceed.
Putting funds into your BitInka account can be done by either depositing through Multi-collateral DAI (DAI) or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Multi-collateral DAI (DAI) deposit, account verification is not necessary.
Here, you will find steps that you can follow in funding your BitInka account.
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.
To initiate a Multi-collateral DAI (DAI) deposit, click on the ‘Cryptocoins’ tab.
Choose the Multi-collateral DAI (DAI) that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Multi-collateral DAI (DAI).
The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) deposit arrives which usually takes up to 24 hours.
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.