Fiat (USD) Transactions

fiat_USD.png

Fiat is government-issued currency, such as the US Dollar (USD). There are three types of fiat (USD) transactions supported on Bittrex:

    streamlinehq-money-bank-money-shopping-50.png  bank (ACH) transfer

    streamlinehq-money-atm-card-1-money-shopping-50.png  debit card (Visa and MasterCard)

    streamlinehq-shopping-bank-investing-and-banking-free-vector-samples-50.png wire transfer 

 

Most US customers are eligible to deposit, withdraw, and trade fiat on Bittrex with a few exceptions. The map below shows eligible states in blue, and ineligible states in gray:

states_2x-8.png

Ineligible states:

Hawaii, New York, Vermont, Connecticut

 

Requirements and supported actions and locations can differ between transaction types. Here is all the information you need to know about each one: 

Bank (ACH) Transactions
  • ACH (automated clearing house) transfers are electronic, bank-to-bank money transfers processed through the ACH network. To make ACH transactions on Bittrex, you must connect your bank account to your Bittrex account using our Plaid integration. 

  • Two-Factor Authentication (2FA) must be enabled on your Bittrex account if you want to make transactions using Bank (ACH) Transfer.

  • Deposits from your bank and withdrawals to your bank are supported.

  • The name on your bank account must match the name on your Bittrex account (under My Account > My Profile > Name), otherwise, the transaction will fail.

  • Bank (ACH) transfers are not supported for the following states: Texas, Nevada and South Dakota (in addition to the ineligible states shown on the map above).

  • Additional Information (see table below):
    • Limits - how much you can deposit/withdraw per transaction or within a certain timeframe
    • Withdrawal Holds - waiting period until you can make a withdrawal
    • Fees - charged by Bittrex per transaction type
    • Availability of Funds - when deposits will be available in your Bittrex account

          

      Personal Account

      Corporate Account

      Limits

      Deposits

      Deposits

      Account is less than 180 days old:

      $1,000 per transaction

      $1,000 daily

      $1,000 weekly

      Account is 180+ days old:

      $5,000 per transaction

      $5,000 daily

      $15,000 weekly

      $5,000 per transaction 

      $5,000 daily

      $15,000 weekly

      Withdrawals

      Withdrawals

      $100,000 per transaction

      $100,000 per transaction

      Withdrawal Holds

      Account is less than 180 days old

      Account is less than 180 days old

      14 days

      14 days 

      Account is 180+ days old

      Account is 180+ days old

      10 days

       10 days

      Fees

      Deposits

      Deposits

      No fee

      No fee

      Withdrawals

      Withdrawals

      No fee

      No fee

       

      Availability of Funds

       

       

      Deposits

      Deposits

      Deposits are immediately* available in your Bittrex account for trading

      Deposits are immediately* available in your Bittrex account for trading

      Withdrawals

      Withdrawals

      Withdrawals will be credited to your bank account in 1-5 days (excludes weekends and holidays).

      Withdrawals will be credited to your bank account in 1-5 days (excludes weekends and holidays).
      *Please be advised that it will take a few days for the transaction to fully settle and for funds to be removed from your bank account. For this reason, please be sure to maintain a sufficient balance in your bank account until the transfer is complete. If we do not receive the funds from your bank, or the transaction is reversed, your account will be placed under review until the issue is resolved. If the issue is not resolved in a timely fashion, we may cancel open orders and sell the assets in your account, at your expense to cover the outstanding balance. If we are unable to recover sufficient funds by these means, your account will be subject to closure and possible additional action such as referral to a collection agency.
Debit Card Transactions
  • Two-Factor Authentication (2FA) is not required on your Bittrex account to make transactions using a debit card, but it is strongly encouraged to keep your account safe.

  • All transactions are final.

  • Debit card transactions are not supported for Corporate accounts.

  • Debit card transactions are not supported for the following states: Nevada (in addition to the ineligible states shown on the map above).

  • Deposits into your Bittrex account from your debit card are supported, however, you cannot withdraw from your Bittrex account back to your debit card. If you deposited funds into your Bittrex account from your debit card and you wish to withdraw them, you will have two options:
    • Use Bank (ACH) Transfer: Withdraw the funds to your bank via ACH transfer, or
    • Use Wire Transfer*: Withdraw the funds to your bank via wire transfer
      *If you have never made a successful deposit into your Bittrex account via wire transfer, or you have never submitted a fiat application, you will need to contact Bittrex Support to submit a fiat application so we can enable the wire option on your account.

  • The name on your debit card must match the name on your Bittrex account (under My Account > My Profile > Name), otherwise, the transaction will fail.

  • All card transactions are processed through a third-party payment processor called Emerchantpay LTD and will appear as Bittrex INT on your bank statement.

  • It is not possible to sell cryptocurrency and have the funds deposited to a card.

  • Additional Information (see table below):
    • Limits - how much you can deposit per transaction or within a certain timeframe
    • Withdrawal Holds - waiting period until you can make a withdrawal
    • Fees - charged by Bittrex per deposit
    • Availability of Funds - when deposits will be available in your Bittrex account

          

      Personal Account

      Corporate Account

      Limits

      (Deposits only)

      Daily

      Daily

      $10,000 (Visa/Mastercard)

      N/A

      (Not supported)

      Monthly

      Monthly

      $50,000 (Visa/Mastercard)

      N/A

      (Not supported)

      Minimum

      Minimum

      $10 USD

      N/A

      (Not supported)

      Withdrawal Holds

      Account is less than 45 days old

      Account is less than 45 days old

      10 days

      N/A

      (Not supported)

      Account is 45+ days old

      Account is 45+ days old

      No hold

      N/A

      (Not supported)

      Fees

      (Deposits only)

      3% from Bittrex

      Note:

      Your card-issuing bank may charge a fee as well because your transaction is being processed by a non-U.S. payment processor.

      N/A

      (Not supported)

      Availability of Funds

      Deposits are immediately available in your Bittrex account for trading

      N/A

      (Not supported)

Wire Transactions
  • Two-Factor Authentication (2FA) is not required on your Bittrex account to make transactions using Wire Transfer, but it is strongly encouraged to keep your account safe.

  • Deposits from your bank and withdrawals to your bank are supported.

  • Wire transactions can only be completed from the Bittrex web version.

  • The name on your bank account must match the name on your Bittrex account, otherwise, the transaction will fail.

  • Domestic wires take 24-48 hours to settle.

  • International wires take 3-10 days to settle.

  • Additional Information (see table below):
    • Limits - how much you can deposit/withdraw per transaction
    • Withdrawal Holds - waiting period until you can make a withdrawal
    • Fees - charged by Bittrex per transaction type
    • Availability of Funds - when deposits will be available in your Bittrex account and withdrawals will be available for the receiving end

          

      Personal Account

      Corporate Account

      Limits

       

       

       

       

      Deposits

      Deposits

      Minimum Maximum
      $50 USD None
      Minimum Maximum
      None None

      Withdrawals

      Withdrawals

      Minimum Maximum
      $35 USD Refer to your Daily withdrawal limit**
      Minimum Maximum*
      $35 USD Refer to your Daily withdrawal limit**

      Withdrawal Holds

      Account is less than 45 days old

      Account is less than 45 days old

      10 days

      No hold

      Account is 45+ days old

      Account is 45+ days old

      No hold

      No hold

      Fees

      Deposits

      Deposits

      No fee from Bittrex

      Note:

      Your bank may charge a fee.

      No fee from Bittrex

      Note:

      Your bank may charge a fee.

      Withdrawals

      Withdrawals

      $25 from Bittrex (deducted from the total amount of the wire transfer)

      Note:

      Your bank may charge a fee as well.

      $25 from Bittrex (deducted from the total amount of the wire transfer)

      Note:

      Your bank may charge a fee as well.

      Availability of Funds

      Deposits

      Deposits

      Deposits are credited same or next-business-day they are settled in our bank account

      Deposits are credited same-business-day they are settled in our bank account

      Withdrawals

      Withdrawals

      Withdrawals initiated before 9AM PT are sent same or next business day

      Withdrawals initiated before 9AM PT are sent same day
  • * Please email corpcare@bittrex.com before withdrawing over $10M USD in a single wire transfer.
  • ** On the Bittrex web version, go to My Account > My Profile > Daily Withdrawal Limit.

 

If you are having any trouble with fiat transactions, or have any questions, please visit this article for deposits and this article for withdrawals.

 

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Fiat (USD)

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