Ultimate guide on how to transfer
Zcash (ZEC) from Private: BitBay to Gemini

Step by step overview on how to withdraw Zcash (ZEC) from BitBay

To withdraw Zcash (ZEC) from BitBay, one must have a verified account first. Either, you take out some Zcash (ZEC) or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.

Today, we will show you how to withdraw Zcash (ZEC) from your BitBay account with ease and comfort.

  1. Withdraw Zcash (ZEC) from BitBay
  2. Withdraw Fiat money from BitBay

Let’s log-in to your account first by going to the log-in page.

Type in your registered email address and click Log In.

Next, enter your password on the field provided and hit Log In again.

If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.

Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.

1. Withdraw Zcash (ZEC) from your BitBay account

To withdraw Zcash (ZEC) from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.

Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.

Nice work! You have withdrawn Zcash (ZEC) from BitBay.

 

2. Withdraw Fiat money from your BitBay account

If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.

Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.

On the next page, click on Bank transfer.

Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.

The system will send an authorization code to your email. Open your email to retrieve this code.

Copy the authorization code from the email just like the one you see below.

Paste the code on the box and hit Confirm. The transfer may take up to two business days.

There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.

To do this select PLN from the list of currencies and click ATM withdrawal.

Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.

Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.

Note: SMS code is only valid for 48 hours.

To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.

You did it! You have made your first Fiat money withdrawal from BitBay.

Step by step overview on how to deposit Zcash (ZEC) on Gemini

With Gemini, you can deposit cryptocurrencies like Zcash (ZEC) as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Zcash (ZEC) on your registered and confirmed Gemini account:

  1. Deposit Zcash (ZEC) on Gemini
  2. Deposit Fiat money on Gemini

Click here to open the exchange site and click on “Sign in.”

Type in your registered email address and password, then click on “Submit.”

After logging in, go to “Transfer funds” then select on “Deposit Into Exchange” to start depositing funds on your Gemini account.

1. Deposit Zcash (ZEC) on your Gemini account

To deposit Zcash (ZEC) on Gemini, select your Zcash (ZEC) under “Deposit Into Exchange.”

Once you have selected your Zcash (ZEC), you can generate your wallet address by scanning the QR code. Make sure the right address is entered when processing deposits as completed transactions can no longer be reverted and may result in losing funds.

Great! You have deposited Zcash (ZEC) on your Gemini account. 

 

2. Deposit Fiat money on your Gemini account

To deposit Fiat money on Gemini, select your currency under “Deposit Into Exchange.” Next, select your funding source from the dropdown menu and enter your deposit amount. Click on “Review Deposit” and review the information that you supplied to avoid losing funds. Then confirm the transaction.

Excellent! You have funded Fiat money on your Gemini account.

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.