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How to withdraw money from CoinSpot?
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2 answers
1. Log in to your CoinSpot account.
2. Click on the "Wallets" tab at the top of the page.
3. Select the cryptocurrency or fiat currency you want to withdraw.
4. Click on the "Withdraw" button next to the currency you want to withdraw.
5. Enter the amount you want to withdraw and the wallet address you want to send the funds to.
6. Click on the "Withdraw" button to confirm the transaction.
7. You may need to verify your identity before the withdrawal is processed.
8. Once the withdrawal is processed, the funds will be sent to the wallet address you provided.
It is important to note that there may be fees associated with withdrawing funds from CoinSpot, so be sure to check the fee schedule before initiating a withdrawal.
Go to the CoinSpot website (https://www.coinspot.com.au/) and log in to your account using your email address and password.
Step 2: Navigate to the "Withdraw" Page
Once logged in, click on the "Funds" tab in the top menu bar. Then, select "Withdraw" from the drop-down menu.
Step 3: Choose the Currency
On the "Withdraw" page, select the cryptocurrency or fiat currency you want to withdraw. You can choose from Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), or Australian dollars (AUD).
Step 4: Enter Withdrawal Details
- Amount: Enter the amount of currency you want to withdraw.
- Destination: Enter the wallet address or bank account number where you want to receive the funds.
- Network Fee: Select the network fee you want to pay to process the transaction. Higher fees mean faster processing times.
Step 5: Review and Confirm
Carefully review all the withdrawal details before proceeding. Once you're sure everything is correct, click on the "Withdraw" button at the bottom of the page.
Step 6: Verification
- Email Verification: You will receive an email from CoinSpot with a withdrawal confirmation link. Click on the link to verify your withdrawal request.
- 2FA Verification: If you have 2-factor authentication (2FA) enabled on your account, you will also be asked to enter a verification code.
Step 7: Withdrawal Processed
Once you have verified your withdrawal request, CoinSpot will process the transaction. The processing time can vary depending on the cryptocurrency and network fee selected.
Additional Notes:
- Withdrawals may be subject to a minimum withdrawal amount.
- CoinSpot may charge a withdrawal fee for certain currencies.
- The withdrawal process can take several hours or even days to complete, depending on network congestion.
- Always double-check the withdrawal address and amount before confirming the transaction.
