How do I withdraw funds from my WhiteBIT account?

Funds from the balance on the exchange WhiteBIT only registered users on the site can output whitebit.com. For those who have not verified their identity, withdrawals of up to 2 BTC (or the equivalent in another currency) per day.

Cryptocurrency withdrawal

To take advantage of the withdrawal option to crypto exchangeYou need to log in and go to the “Total Balance” section. The “Withdraw” button is available next to the name of the assets. In the withdrawal form you should select the network through which the assets will be transferred. In the proposed line, you must specify the address where the money will be sent. You should pay attention to the minimum for withdrawal and the commission. With the switch you can choose whether it will be deducted or added to the amount. After checking all the data click on “Request to withdraw”. Withdrawal procedure on WhiteBIT is confirmed through e-mail and two-factor authentication, if it is connected.

Each withdrawal is displayed in the history. There is a separate tab “Withdrawal of assets” for this purpose. Funds are transferred only from the main balance. It is important in the withdrawal window to check the list of networks supported by the exchange. It is necessary to make sure that the network, through which money will be transferred, is supported by the receiving party. Also always check the correctness of the withdrawal address.

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For some currencies it is necessary to specify the memo. Its correct filling is obligatory for crediting funds to the balance. If incorrect information is entered while filling out the withdrawal application, assets may be lost. In this case it will be impossible to get them back. That’s why it is important to make sure you correctly fill out your withdrawal form every time you transfer money to WhiteBIT. Withdrawals take anywhere from 1 to 60 minutes. Exceptions are possible if the selected network is overloaded. For any questions related to withdrawal, you can contact support through online chat, email or create a ticket.

Fiat withdrawal

To withdraw fiat currencies, you must verify your identity. WhiteBIT fiat transactions are not available without verification. Money can be withdrawn via AdvCash, NixMoney and Account GeoPay (only for UAH). Also UAH can be received to Visa or MasterCard. Transactions with euros, US dollars and hryvnias are available.

To withdraw funds, you need to log in and go to the “Spot Balance” section. The page has a list of all cryptocurrencies with a “Withdraw” button next to the name of each one. To withdraw the assets, you need to do the following:

• In the main menu select “Balance” and go to the page with the spot account.
• Find the currency, click on “Withdraw” and select payment system. Specify the amount and click on “Withdrawal Request”.
• Go to the payment page of the payment system site.
• Confirm the transaction via email and two-factor authentication application, if this feature is enabled.

The minimum withdrawal amount and fees, as well as the available payment systems, are listed on the WhiteBIT website in the “Fees” section. The maximum amount is specified in the withdrawal form. Fiat withdrawals take from 1 to 60 minutes.

Via mobile app

The “Wallet” section is available in the branded application of the exchange, where you can find the desired currency and the “Withdraw” button. In the form that opens, you can select a payment system and, following the instructions, withdraw funds, taking into account the minimum and maximum amounts available to the user.

Limits

There are limits on the minimum amounts for withdrawals. They depend on the currency that is withdrawn. For cryptocurrencies, all the data is specified in the table published in the “Commissions” section of WhiteBIT’s website. For example, for Bitcoin, the minimum amount to withdraw is 0.001 BTC. As for fiat, you can withdraw not less than 10 USD or EUR and from 50 UAH. The maximum withdrawal amount depends on the verification level. Those who didn’t pass verification can withdraw not more than 2 BTC (or equivalent in any currency).

Commissions

There is a fee for withdrawing cryptocurrency from the exchange balance. It depends on the asset that is withdrawn. A list of all currencies with withdrawal fees is available on the exchange website.

Fiat withdrawal fees depend on the payment system:

• AdvCash – 1.5% for EUR and USD (min – 0.15 EUR or USD, max – 150) and 4.5% for UAH (min – 2.25, max – 2,250 UAH).
• NixMoney – 1%, minimum – 0.1, maximum – 100 EUR or USD.
• Account GeoPay and Visa/Mastercard (in UAH) – 0.7% (minimum – 0.35 UAH, maximum – 700 UAH).