Hi everyone! Jonathan here with a quick video on how to withdraw bitcoins from btc-e to another exchange. In this example, I am using fybsg.com since it is a local exchange in my country.
Note that the same procedure applies when you are withdrawing into other exchanges.
To start the withdrawal, you need to log in to your btc-e account and select Finances.
Then click on Withdraw under the BTC section.
Scroll down and you will be brought to this section.
Here you will be required to enter the amount of bitcoins you want to withdraw and the bitcoin address to deposit into. The bitcoin address can be taken from the deposit section of the exchange that you would like to deposit into.
In this example, I am using my local exchange, FYB-SG.
After I click on Deposit, I will scroll down to retrieve my bitcoin address.
After I have copied my address, I will go back to my btc-e account to input the address in the Withdrawal BTC section. Next, you can select the amount of BTC that you would like to withdraw and click on the Withdrawal button.
Note: There is a transaction fee of 0.001 BTC. Therefore, if you withdraw 0.01 BTC like I did in this example, you can expect to receive 0.009 BTC in your exchange.
Then you will receive a notification stating that “A letter with further instructions sent to your email!” as seen below.
You need to log in to the email that you registered your btc-e account with and look for a withdraw confirmation email from BTC-E. Complete the withdrawal by clicking on the link as seen below.
Then you will receive a notification in Russian saying that the withdrawal is successful.
Now I have 2.5596 BTC instead of 2.5696 BTC. Therefore, the withdrawal is successful. This can be further verified by the Transaction history.
I have logged in to my FYB-SG account and you can see that I have 0.009 BTC in my account. There is a transaction fee of 0.001 BTC. This explains why I received 0.009 BTC instead of 0.01 BTC.
That’s all folks! It’s very simple isn’t it?
If you have any questions, feel free to leave your comments below.
To your bitcoin trading success!