How to Deposit or Withdraw Funds From the WhiteBIT Balance?

WhiteBIT
Published 05 April 2022
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How to Deposit or Withdraw Funds From the WhiteBIT Balance?

Content

WhiteBIT supports:

  • Volet (USD, UAH, EUR, KZT);
  • Visa/Mastercard (UAH, USD, EUR, KZT);
  • NixMoney (USD, EUR);
  • Checkout and Checkout Global (USD, EUR);
  • GEO Pay Account (UAH);
  • Mercuryo (BRL, CHF, EUR, GBP, GHS, HKD, IDR, INR, JPY, KES, KRW, MXN, NGN, NOK, PLN, SEK, TZS, UGX, VND, ZAR);
  • UTORG (AUD, BGN, CAD, CZK, DKK, TRY, USD, KZT, MYR, NZD, PHP, THB).
  • SEPA (EUR)
  • PayUnicard (USD)

To make a deposit, open the “Balances” page and click “Total” or “Main”. In the upper right corner, click “Deposit”.

You will see a window to choose a digital asset or national currency for depositing. Specify the required asset and choose a payment method.

For example, depositing dollars and euros is convenient with Volet, NixMoney, and Checkout.com. Kindly note that Volet and NixMoney are third-party services. To deposit with these services, you will have to sign up on these services. The Visa/Mastercard and Checkout Visa/Mastercard methods allow you to deposit directly from a bank card.

To proceed, enter your name, surname, card number, expiration date, and CVV code and click “Request”.

You can deposit digital assets from an external wallet using Visa/Mastercard or the FIO protocol. It is worth mentioning that the option to buy a digital asset using a bank card is valid for specific cryptocurrencies. To see available depositing options, just specify the ticker of the cryptocurrency you need. You will immediately see the available options right away.

To deposit funds to your balance via blockchain, choose the address type, a network, and copy the generated address. Go to an external crypto wallet and insert it for a successful asset transfer.

To make a deposit using Visa/Mastercard, select this option from the list of available options, specify the currency you want to purchase and its amount, and click “Continue”. You will go to the page of the UTORG payment service, where you can buy the desired cryptocurrency with a bank card in a few steps.

To purchase cryptocurrency via a FIO address, you must first register it with WhiteBIT. Further, you will be able to generate readable addresses and hold several assets at one address.

 

How to correctly withdraw funds from your balance on WhiteBIT?

You can withdraw cryptocurrency or make a request to withdraw national currencies from the exchange in the same “Balances” section.

How to withdraw cryptocurrency?

  1. Open the “Total” or “Main” balance page and find the desired asset in the list.
  2. Click on the “Withdraw” button opposite the ticker of the selected digital asset, after which a separate page for withdrawal will open.

   3. Choose a method, do not forget to choose a network, and, for some cryptocurrencies, specify the type of address.

   4. In the field below, carefully enter the address of the wallet to which you want to send funds. In addition, you can scan the QR address using the button next to “Paste”.

5. Specify the amount and click “Continue”. Check the details in the confirmation window.

6. In the same window, enter the security code that you will receive to the email you used for signing up on WhiteBIT and the code from the authenticator. Then, press the confirmation button.

Done! Withdrawals usually take some time. It depends on the download of the blockchain network you chose to send funds to.

How to request a national currency withdrawal?

  1. Open the “Total” or “Main” balance page and find the ticker of the desired national currency in the list.
  2. Click on the “Withdraw” button opposite the selected asset, after which a separate page for withdrawal will open.

     3. Choose a provider that is suitable for withdrawing the specified currency.

     4. Enter your details, the amount for withdrawal, and press “Continue”.

     5. Check the correctness of the information in the confirmation window, enter the security code that you will receive on the WhiteBIT registration email, and the code from the authenticator.

    6. Press the confirmation button.

Done! A request to withdraw national currencies is usually implemented within 48 hours.

How to correctly withdraw funds from your balance on WhiteBIT?

You can withdraw cryptocurrency or make a request to withdraw national currencies from the exchange in the same “Balances” section.

How to withdraw cryptocurrency?

  1. Open the “Total” or “Main” balance page and find the desired asset in the list.
  2. Click on the “Withdraw” button opposite the ticker of the selected digital asset, after which a separate page for withdrawal will open.
  1. Choose a method, do not forget to choose a network, and, for some cryptocurrencies, specify the type of address.
  2. In the field below, carefully enter the address of the wallet to which you want to send funds. In addition, you can scan the QR address using the button next to “Paste”.
  1. Specify the amount and click “Continue”. Check the details in the confirmation window.
  2. In the same window, enter the security code that you will receive to the email you used for signing up on WhiteBIT and the code from the authenticator. Then, press the confirmation button.

Done! Withdrawals usually take some time. It depends on the download of the blockchain network you chose to send funds to.

How to request a national currency withdrawal?

  1. Open the “Total” or “Main” balance page and find the ticker of the desired national currency in the list.
  2. Click on the “Withdraw” button opposite the selected asset, after which a separate page for withdrawal will open.
  1. Choose a provider that is suitable for withdrawing the specified currency.
  2. Enter your details, the amount for withdrawal, and press “Continue”.
  1. Check the correctness of the information in the confirmation window, enter the security code that you will receive on the WhiteBIT registration email, and the code from the authenticator.
  2. Press the confirmation button.

Done! A request to withdraw national currencies is usually implemented within 48 hours.

How long does it take for a transaction to be processed?

All withdrawal requests are processed within ≈ 10 minutes. In exceptional cases, the processing time may be longer, but not longer than 24 hours.

Any transaction must be confirmed on the network. It is the process of adding a transaction to a block. Confirmation time varies depending on how long it takes to create and add a new block to an asset’s blockchain. Learn more about the required number of confirmations on our FAQ page in the “Deposits/Withdrawals” section, subsection “Number of network confirmations.”

The number of confirmations for different assets varies, as does the explorer for tracking. An explorer is a site containing information about the past and future state of the blockchain of a particular cryptocurrency. It reflects all transactions, their statuses, asset value, fees, etc.

Popular ones are Blockchain (Bitcoin), Etherscan (Ethereum), and Tronscan (Tron). Explorers are built into our exchange wallet.

It is possible to go to explorer from our app or the browser. Press the link icon alongside the ticker and select “Explorer.” For the web version, click on the link icon next to its ticker and click “Explorer” in the pop-up window.

Why is a withdrawal delayed?

A delay may occur if the withdrawal amount exceeds the equivalent of $100,000. Bigger amounts require more network confirmations. The transaction processing speed also depends on network congestion.

If you have any problems or questions, contact our support team. We will do our best to help you.

Fees

There are fees for withdrawing and depositing national currencies. They differ depending on the payment service and currency:

Visa/Mastercard.

  • EUR и USD — 3.5% for deposits and 2% + 2 EUR/USD for withdrawals;
  • KZT — 3.5% for deposits and 1.5% for withdrawals;

Visa/Mastercard Checkout.

  • EUR и USD — 1.5% for deposits and withdrawals;

Visa/Mastercard Checkout Global.

  • EUR и USD — 3.5% for deposits and withdrawals;

Volet.

  • USD, UAH, EUR — 1.5% for deposits and withdrawals;
  • KZT — 1.5% for deposits and 2% for withdrawals;
  • Volet E-wallet — 1.5% for deposits and withdrawals.

NixMoney.

  • EUR и USD — 1% for deposits and withdrawals;

Find out more about fees on the “Fees” page.

Pay attention to the fees while depositing or withdrawing money. Holding 200+ WhiteBIT Tokens (WBT) guarantees you free withdrawals of ETH and ERC20 tokens.

Where are the transactions displayed after being credited?

The funds are displayed on the Main balance after depositing.

What to do if the money hasn’t been credited?

Contact our support team if the deposit hasn’t been credited or the withdrawal status doesn’t change after 24 hours. You can do that by applying on the website. Click the headphone icon to the left of the website’s language in the top menu. Click the “New Ticket” button in the new window.

Indicate the following data to ensure quick processing of the request:

  • Answer language;
  • Category;
  • Topic;
  • Problem or a question;
  • Transaction hash.

Expect a response to your request within 5 minutes.

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