How to deposit and withdraw

Funding your account on the FYBIT trading platform is easy and convenient.

After completing registration, click on the [Deposit/Withdrawal] tab and then select the [Deposit] section. After you choose the method of deposit, you will see a unique address of the coin’s deposit, to which you can send Bitcoins from your wallet or any other exchange. 

We guarantee the security of our customers’ funds, so most of your cryptocurrencies are stored in encrypted offline cold wallets, so you can be sure of the safety of your account.

There is no deposit fee, as well as restrictions on the minimum or maximum deposit, so you can replenish your trading account for any amount. However, please note that the minimum trading order size is 0.0005 BTC. To open an order in the system, your balance must be at least 0.0005 BTC.

If you do not have bitcoins but have other cryptocurrency or fiat money, you will first need to exchange them for bitcoins at any of the exchange services, for example:

On the left side of the menu, in the “Give” column, you need to select the type of funds you have, and in the “Receive” column, select Bitcoin (BTC). Then select one of the services from the “Exchange rate” list and follow the further instructions. The main thing when specifying a wallet to receive BTC, specify your personal wallet for depositing a trading account FYBIT.

How long does it take?

Funds will be credited to the deposit after one confirmation on the Blockchain. Usually, this takes 5 to 30 minutes. In case, when the Blockchain is overloaded, the process of making a deposit may take a little bit longer but no more than 24 hours. You can always check the confirmation status of your deposit transaction on the website by entering your FYBIT deposit wallet address in the “Search for your transaction, address or block” field:

How to withdraw

  • The withdrawal is possible only in Bitcoins. In case of another currency in your wallet, you can exchange it in the [Conversion] section on a Deposit/Withdrawal page.
  • The withdrawal fee is 0.0005 BTC.
  • In order to make a withdrawal, your FYBIT account should be no less than 0.0005 BTC.
  • The maximum withdrawal amount is 10 BTC per 24 hours.

To make a withdrawal, click on the [Deposit/Withdrawal] tab and then go to the [Withdrawal] section.

Enter the destination address for your withdrawal and withdrawal amount.

If you use 2FA, fill it in the “Google 2-factor authentication” field. You can learn more about FYBIT 2FA in this article.

After clicking the “Withdraw” button, you will receive an email with a confirmation link, for confirming the withdrawal.

Bitcoin withdrawal time can take up to 24 hours, depending on the time it takes for the blocks to be displayed on the Blockchain.

You can always check the confirmation status of your withdrawal transaction on the website by entering your withdrawal wallet address in the “Search for your transaction, address or block” field:

If you didn’t receive a confirmation letter for withdrawal, check the spam folder. The letter comes automatically at the moment of the withdrawal request.

You can also request a new letter with a confirmation link. To do this, you have to click on the [DEPOSIT/WITHDRAWAL] tab and select the [Withdrawal History] section. You need to find the [Details] column. If the confirmation was successful via email link, then you will see a wallet address where the withdrawal has been made to. If the confirmation link has not been tripped, you will see [Resend Email]. Click on it, and you will receive a new letter with a new confirmation link. To confirm the withdrawal, you have to click on it. 

If you haven’t clicked the confirmation link yet, you can cancel the withdrawal by sending an email to [email protected], with the subject of the email: “Withdrawal cancellation”.

To open an account on FYBIT and start trading BTC, ETH, ADA & BCH with up to 100x leverage, click here and follow the instructions on the page. If you have any questions, please contact Support.

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Support manager at FYBIT. Trader and investor with 5+ years experience, Crypto Enthusiast BTC. I believe in the future of the blockchain economy and devote all my time to exploring new technologies and opportunities with my team.