Withdrawing funds from Bitpapa

Withdrawal of earnings from Bitpapa (go online) can only be in cryptocurrencies. Currently, the platform does not provide a direct withdrawal of fiat money to a bank card or bank account. To withdraw fiat money, you need to open a transaction and exchange it for any of the available tokens.

Then follow the instructions:

• Step 1. Open the control panel in your account.
• Step 2. Select a cryptocurrency and click on its icon.
• Step 4. In the menu that appears, click Submit.
• Step 5. Specify the transfer amount in cryptocurrency.
• Step 6: Enter an address cryptocurrency wallet.
• Step 7. Confirm the operation with the code combination.

Note that the system crypto exchanges does not allow to withdraw funds to invalid accounts. This means that if you specify a non-existent crypto wallet address, the system will not carry out the transaction. But at the same time, if funds have gone online to someone else’s cryptocurrency wallet, unfortunately, it’s impossible to get them back. If you want to get a certain amount to a wallet, for example, 0.5 BTC, you can enter it in “Total” field. In this case the system will recalculate all values automatically. As a result, you will get the desired amount.

To confirm the transaction, you need to specify a password to sign in to your account. Or if you have two-factor authentication, you need to confirm the transaction with a one-time code. All withdrawals on Bitpapa exchange can be tracked. To track transactions, go to the transaction history and click on the tab with the transfer. This will open a table with payment details. Find the txid (hash) line and click on it. You will see the information with the block explorer. There you will find the current status of your transfer.

Minimum and maximum

The minimum withdrawal amount must be greater than the current fee. The amount of fee depends on cryptocurrency type and network load at the moment of request. You can see the current fee in your personal cabinet when withdrawing funds. There are no withdrawal limits set on the cryptocurrency exchange. You can withdraw the entire amount from your account. To do this, you need to click on the “Max” button when withdrawing cryptocurrency. In this case, you will get the whole amount from your account minus the commission fee to your cryptocurrency wallet.

Translation time

The time of receipt of money to a cryptocurrency wallet depends on network confirmation. The transfer time does not depend on bitpapa.com platform, so there is no information on the website about guarantees of withdrawal in a certain period of time. All applications with a minimum fee are sent to the mempool. Here they are accumulated and then sent in one transaction. This is done so that as many transactions as possible accumulate in the mempool so that there is a large total fee when they go online. In this case, the transactions get a quick confirmation from the network.

But to speed up the confirmation of the network and the receipt of money, it is recommended to withdraw money with a commission higher than the minimum. The minimum commission is calculated when filling out the withdrawal application, by increasing this amount you can significantly reduce the waiting period for the arrival of funds into the wallet. Keep in mind that it is impossible to change network commission after sending a transaction.

If you need to get fiat, to convenient details (bank card, bank account, e-wallet) you need to open a deal and sell the available tokens. Specify payment details in the description of the transaction. Remember, you can “release” cryptocurrency only after receiving money to your account. Withdrawing money from Bitpapa is not difficult. The platform provides transfer security and transaction tracking. Read also: How to register at bitpapa.comhow to trade and how to fund your account.