To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Paxos Standard (PAX) or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.
Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.
Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.
For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.
Go to the ‘Withdrawal’ page as directed by the arrow on the image below.
From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Paxos Standard (PAX) withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.
For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.
The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.
Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.
Access your email inbox and click on the link that is in the email that you receive from Bitstamp.
The status will now change to ‘Waiting’ to be processed.
Another email will arrive in your inbox confirming your withdrawal.
As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.
If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.
Adding funds into your Binance account can be done by depositing crypto and fiat money . After making sure that your Binance 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 Binance account.
Click this to access the platform.
Once the site is up, log-in with your registered account and enter the 2FA verification code.
Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.
Select your Paxos Standard (PAX). You can directly type it in the box so you don’t have to go through the entire list then click on Deposit. We are using BTC in this example.
You will be given the wallet address which you can copy to continue depositing. Make sure you are copying the correct one as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.
To check pending and all transactions, go to “Deposit Withdraw History.”
Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.
Click on the Deposit button.
Select currency and payment method. Then click Continue. Follow the succeeding instructions to complete your deposit.
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