Ultimate guide on how to transfer
Wrapped Bitcoin (WBTC) from Bitfinex to OKEx

Step by step overview on how to withdraw Wrapped Bitcoin (WBTC) from Bitfinex

After a couple of trading activities on Bitfinex, you may now go ahead and make your first Wrapped Bitcoin (WBTC) withdrawal. Whether it’s a Fiat or cryptocurrency withdrawal, the process outlined by Bitfinex is straightforward, and anybody can do it even beginners. Take note though that only verified users can make a Fiat money withdrawal.

To help you achieve your first withdrawal, we have prepared this guide for you to follow.

  1. Withdraw Wrapped Bitcoin (WBTC) from Bitfinex
  2. Withdraw Fiat money from Bitfinex

To start, open the Bitfinex site through this link.

Log-in with the email address and password you used during registration, enter the Captcha text and click Log in.

how to login on Bitfinex

For 2FA enabled account, enter the 6-digit code from the authenticator app and hit Authenticate.

how to login on Bitfinex

Go to the ‘Withdraw’ section to start the activity.

how to withdraw funds from Bitfinex

1. Withdraw Wrapped Bitcoin (WBTC) from your Bitfinex account

From the Withdraw page select which cryptocurrency you would like to get the funds from under the ‘Cryptocurrencies’ panel.

how to withdraw Wrapped Bitcoin (WBTC) from Bitfinex

Enter the receiving wallet address, the amount you want to send, the sending wallet and your Note if any. Tick the small boxes to confirm that you wish to add a note for this transaction and that you have understood all the terms and conditions. Click the ‘Request Withdrawal’ button to proceed. Also before sending the request, a ‘Receive Amount’ field will show which tells you the total amount you will receive less the Tx Fee. This action usually takes up to 12 hours to complete.

how to withdraw Wrapped Bitcoin (WBTC) from Bitfinex

Great work! You have successfully withdrawn Wrapped Bitcoin (WBTC) from Bitfinex.

 

2. Withdraw Fiat money from your Bitfinex account

For you to withdraw Fiat money from your Bitfinex account, go to the ‘Withdraw’ section and select the currency you wish to take the funds from under Bank Wire. On the next page, fill in your wire information such as name, address and bank details.

If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days). Whereas if it’s an ‘Express Withdrawal’ the fee is 1% and with a processing time of 24 hours or 1 business day.

how to withdraw fiat money from Bitfinex

You can check the withdrawal that you’ve just made from the ‘Withdraw’ page under the ‘Recent Withdrawals’ section.

how to view withdrawal on BitfinexCongratulations! You have made your first Wrapped Bitcoin (WBTC) withdrawal from Bitfinex.

Step by step overview on how to deposit Wrapped Bitcoin (WBTC) on OKEx

With OKEx, you can deposit cryptocurrencies like Wrapped Bitcoin (WBTC). Fiat money deposit is not yet an option at the moment. However, it is available through OKCoin.

Here are the steps on how to deposit funds on your registered and confirmed OKEx account.

Click here to open the exchange site.

Log in using the email address and password you’ve filed for OKEx.

okex_deposit

Select your Wrapped Bitcoin (WBTC) under “Token Deposit.” We are using Bitcoin in this example.

Copy the current deposit address or select your wallet address by clicking on “Address history.” It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Wrapped Bitcoin (WBTC) as it can no longer be reverted.

You can check your pending and processed transactions by going to “History.”

Great job! You have deposited Wrapped Bitcoin (WBTC) on your OKEx account.

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