This article will introduce and explain Bitget’s cryptocurrency withdrawal method, procedure, fees, and the possibility of withdrawal refusal. Withdrawal and transfer methods are much simpler and easier than deposit methods. Bitget requires withdrawals in cryptocurrency. There are various points to note when doing so, so you need to be aware of them before proceeding.
About Bitget withdrawal methods and fee rules
Please be aware of the following rules regarding withdrawals and fees on Bitget.
Transfer funds to physical account
Bitget only allows withdrawals from physical accounts. The method of transferring funds is as follows. First, click on the wallet icon on the home screen and select Transfer Funds.
Source : Bitget
You can transfer funds from here. You can decide how much to send from which account to which account and in which virtual currency.
Source : Bitget
Withdrawals can be made in virtual currency and fiat currency
Only virtual currency and fiat currency can be withdrawn. At the time of deposit, it was possible to deposit by credit card or virtual currency, but the withdrawal method is determined to a certain extent. If KYC is completed, the amount will increase to 200 BTC equivalent.
Identity verification (KYC) is required for withdrawals of 20 BTC or more
You can withdraw money without verifying your identity, but the amount you can withdraw is limited to 20 BTC per day. Therefore, if you wish to withdraw a large amount of money, please be sure to complete the KYC verification.
Bitget withdrawal fees
Withdrawal fees vary depending on the virtual currency coin. Also, the minimum withdrawal amount is determined for each coin. It is also clearly stated on Bitget’s official website, so please refer to it. For bank withdrawals, bank fees will apply.
| Withdrawal fee | Minimum withdrawal amount | |
| BTC | 0.0006 | 0.001 |
| BGB | 41.14 | 50 |
| BNB | 0.0034 | 0.01 |
| ETH | 0.006 | 0.001 |
| LTC | 0.001 | 0.1 |
| BCH | 0.0001 | 0.01 |
| ETC | 0.01 | 0.5 |
| LINK | 0.86 | 2 |
| TRX | 1 | 40 |
| XRP | 0.1 | 20 |
| EOS | 0.1 | 1 |
| DOGE | 20 | 40 |
About Bitget withdrawal methods, procedures, and flow
Now, I will explain the actual withdrawal method and procedure from Bitget with images. First, log in and go to the home screen. Select withdrawal from the wallet mark.
Source : Bitget
Withdrawals can be made in virtual currency or legal currency. Let’s choose from one of them.
Source : Bitget
For virtual currency withdrawals
For virtual currency withdrawals, select the coin to withdraw and select the network, and the QR code and wallet address will be displayed. By pasting this address as the remittance address, the remittance process will proceed. This will open an area where you can enter the withdrawal amount, so enter the withdrawal amount and click “Withdraw”. A confirmation dialog will appear, and once the confirmation is complete, the withdrawal process will begin. The reflection time will take from several tens of minutes to several hours.
Source : Bitget
For bank withdrawals
Although it is possible to withdraw money in fiat currencies, we also accept euros (EUR), pounds sterling (GBP), Brazilian reals (BRL), Turkish lira (TRY), rubles (RUB), and hryvnias (UAH). Please note that bank withdrawals are only available on bank business days, so it may take several days or more. Please note that we do not accept US dollars or Japanese yen.
Source : Bitget
Reasons why withdrawals are not reflected and how to deal with them
If you cannot withdraw funds from Bitget, the following reasons may be possible. Let’s look at them one by one. Also, check if they apply to you. Currently, the procedure is simpler than via Bybit, Binance, or other domestic exchanges, so it is a safe choice. You can withdraw funds from the app with different stocks, so there will be no problems. Let’s check the details.
Minimum withdrawal amount not met
If the minimum withdrawal amount is not met, the withdrawal will be rejected. Therefore, if the currency you hold, such as Ripple or Bitcoin, does not exceed the minimum withdrawal amount, you will not be able to withdraw. The withdrawal amount includes withdrawal fees and network fees, so if you have the minimum withdrawal amount in your spot account, you can withdraw. The case varies depending on the virtual currency. You can see these details on the official page, so check it out. Basically, it takes just one minute to check the correct information.
Wrong remittance address/tag
When sending virtual currency, if the destination address is incorrect, the transfer will fail. When choosing a blockchain, users should be sure to enter the destination tag and memo for currencies that require withdrawal destination information in addition to the address, such as XRP and EOS. If you enter it incorrectly, please contact the exchange. Ripple has a destination tag, so mistakes can occur, and making a mistake will result in a loss. Please look carefully when tapping to purchase.
Network congestion
In the case of cryptocurrency transfers, the transaction processing of the network is affected. If the network is congested, the withdrawal may not be reflected, so please try to wait at least a few hours. If it is not reflected, we recommend that you contact the support center. It is usually not very busy, but since it is a major company, if you have some trouble with the operation, please contact the support center for some information about the content.
Withdrawing money on different networks
If the network you selected when requesting a withdrawal does not match the network of the destination address, it will be rejected. If you select the wrong network and send money, you may lose your assets. If you make a mistake, please contact the exchange. It will be smoother if you access the exchange yourself and inquire.
money not sent
Depending on the type of virtual currency, if you apply for a withdrawal correctly, the withdrawal will be reflected in about a few minutes to a few hours. However, in the case of bank remittance, payment is only possible on bank business days. This means it may take several days or more. Processing will stop on Saturdays and Sundays.
Opening a Bitget account is free
It is free to open an account with Bitget. Traders can use many functions. Support is also excellent and additional accounts can be opened. Bitget is one of the most popular cryptocurrency exchanges in the world. It is easy to use and has a good reputation. The deposit fee is also low, so let’s give it a try. There are different brands such as Ethereum, Ripple, and Bitcoin, so let’s check them later.
Lots of bonuses and campaigns
Bitget offers a wide range of bonuses, promotions, and campaign benefits for crypto asset trading. In addition to being held frequently, there are many events such as Launchpad, so there are many opportunities to get rewards by participating. You can check the latest information on the news details on the company’s official website. There are also ways to earn money through friend invites and referral programs.
has its own token
Bitget has its own token, BGB. By owning BGB, you will be able to obtain airdrops in many events. Traders can gain many benefits by owning a large amount. The fees are low and there are many benefits. We also have a license from the Financial Services Agency, so we are regulated, reliable, and safe.
Many coins available
Bitget handles over 600 types of coins. In addition to major coins such as Bitcoin (BTC), XRP, ETH, and USDT, we also have a wide range of altcoins. All management is done in the wallet, and there is also two-factor authentication, so the security is quite solid and you can safely order products and buy and sell amounts. There is no risk of funds outflow.
Many trading methods
There are many ways to trade in the market, and services are provided in various categories such as spot trading, futures, automated trading (BOT), mining, and staking. Users can download the trading app and easily trade on the data. We recommend that the maximum leverage is 125x. Although the principal is not guaranteed, zero cuts are used, so there will be no negative impact. It is an exchange with a high trading volume every day.
Copy trading possible
Copy trading is possible, and by copying an expert professional trader, even beginners can win overall. If you research and copy traders with high yields, your returns will increase. At the same time, learn about price movements and increase your earning power on your own. As you get used to it, you will be able to make flexible trades on your own by making proactive moves.
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