Ultimate guide on how to transfer
USDCoin (USDC) from Private: Simex to Bittrex

Step by step guide on how to withdraw USDCoin (USDC) from your account on Simex

Simex is a user-friendly exchange platform that allows both Fiat and crypto-to-crypto transactions.

Here are the steps on how to process USDCoin (USDC) withdrawal from Simex:

  1. Withdrawing Fiat money from Simex
  2. Withdrawing USDCoin (USDC) from Simex

Go to https://simex.global/en and log into your account

Select “Withdraw” from the Finance tab.

1. How to withdraw Fiat money from your account on Simex

To withdraw funds, update your bank details first in your “Withdraw Accounts” page.

From the “Withdraw” page, select the financial account you wish to withdraw funds from. Enter the amount you want to withdraw, and select the method you wish to use. Once done, click the “Next” button.

For RUB, Visa & MasterCard debit cards, Yandex, Money, Webmoney RUR are allowed and for USD, Wire Transfer is offered.

Withdrawal requests are processed within 24 hours. Funds transfer to your bank debit card may take up to 5 business days.

Good job! You have just withdrawn Fiat money from your account.

 

2. How to withdraw USDCoin (USDC) from your account on Simex

Open the “Withdraw” page in your Finances tab, and choose the financial account you wish to withdraw funds from.

Enter the desired sum you want to withdraw. Select the method you prefer to use to complete the withdrawal and press the “Next” button.

Digital wallets are processed online in real time, unlike Fiat money which takes up to five business days.

Congratulations! You have successfully withdrawn USDCoin (USDC) from your account.

Step by step overview on how to deposit USDCoin (USDC) on Bittrex

Placing funds into your Bittrex account is possible by depositing cryptocurrencies like USDCoin (USDC) and Fiat money. After making sure that your Bittrex 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 Bittrex account.

  1. Deposit USDCoin (USDC) on Bittrex
  2. Deposit Fiat money on Bittrex

Click this to access the platform.

Once the site is up, log-in with your registered account.

Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.

1. Deposit USDCoin (USDC) on Bittrex account

To deposit USDCoin (USDC) on Bittrex, select your USDCoin (USDC) from the list of available cryptocurrencies. Initially, the page seems empty. You may want to click on “Show zero balance” to view the list or directly type in USDCoin (USDC). So, in this example, we will deposit BTC.

After typing in BTC, the list filters and displays BTC only. There are two icons beside the USDCoin (USDC), and for deposit, select the green icon.

A new box pops-up. Click “New Address” to generate your address. Please make sure to read the USDCoin (USDC) deposit instructions if they are available.  Some coins require a minimum amount to be sent before they are credited, and some ask for a message/payment/tag/memo. Therefore, you must send USDCoin (USDC) to the address provided and attach the needed notes to the deposit for Bittrex to route it to your account.

Also, make sure that you only send the same type of coins to the address. Meaning, if you generated a USDCoin (USDC) address you deposit USDCoin (USDC) to it and not some other coin. If instructions are not followed, you will risk losing your funds permanently.

Great! You have deposited USDCoin (USDC) on your Bittrex account. 

 

2. Deposit Fiat money on Bittrex

For Fiat money deposit, select your currency from the list. Click on “Show zero balance” to view the entire list or directly type in the currency of your choice. So, in this example, we will deposit USD.

After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for deposit, select the green icon.

Important reminders:  Bittrex now supports eligible personal and corporate accounts for USD deposits. International customers and those operating in the States of California, New York, Montana, and Washington are eligible as long as the identity verification process is completed. It is a requirement to request your account(s) be added to the USD markets. If you already have an existing account, you can process your request in a few minutes, and it gets approved in just a few days.

Click here to view the requirements needed.

After the deposit process, you can check your transactions under “Pending Deposits” and “Deposit History” when you scroll down the page.

Way to go! You have funded USDCoin (USDC) on your Bittrex account. 

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