To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Ripple (XRP) 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. Ripple (XRP) 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.
The funding process at Bitlish is straightforward just like any other exchanges. You can opt to fund using your favorite cryptocurrency or with Fiat money. Take note though that a verified account is mandatory to make a Fiat deposit.
Herewith, is a guide we’ve established to help you with your first deposit on Bitlish.
To start, go to Bitlish log-in page by clicking this link.
Log-in with your email address and password. Tick the box for the Captcha and hit Login.
Retrieve the 6-digit code that you receive to your phone number and enter it on the designated field. Click ‘Confirm’ to continue.
From the homepage, click the ‘Finance’ tab to begin the funding process.
Once you’re on the ‘Finance’ page of the platform, scroll down and go to the ‘Balance’ section. Select the Ripple (XRP) that you wish to fund and hit the ‘Deposit’ button of that Ripple (XRP).
Provide the amount of your deposit and copy your cryptocurrency address or scan the QR code to the external wallet from which the funds will be coming. Bitlish will attempt three confirmations before updating your balance. It may take minutes to days to complete this action depending on blockchains throughput.
Still from the Finance page of the platform, scroll down and look for the Balance section. Click ‘Deposit’ just under the currency or Fiat of your choice.
The next page will show you two options. You can either make a deposit using your VISA/MasterCard card or with bank transfer. Read and follow all the instructions and provide correct details to avoid errors and delays. A failed transaction for bank transfers will get a charge for the payment processing.
Deposits from cards will be credited immediately. Whereas, bank transfer transactions may take up to five business days.
You can view your deposit transaction on the Finance page just below the Balance section. Click the ‘Account operations’ tab and select ‘Deposit’ for the type.
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