Crypto Withdrawals

Digital_Wallet_-_crypto_deposit.jpg

To move coins/tokens out of your Bittrex account and send them elsewhere (such as to another exchange or crypto holder), you can use the Withdraw feature. This is an easy process, as long as the proper steps are followed to ensure transactions run smoothly and your funds are secure.  

Before making a withdrawal from Bittrex
Please do the following before making a withdrawal from your Bittrex account:

  • Make sure Two-Factor Authentication (2FA) is enabled on your account.
  • Be aware of your account's withdrawal limit. This can be found on the web version under My Account > My Profile > Daily Withdrawal Limit.

    Daily_Withdrawal_Limit.png

  • Read any withdrawal instructions that appear in the Withdraw window.

    Withdrawal_instructions.png

  • Withdrawing from your account means you are depositing somewhere else. Always check the deposit instructions for your receiving wallet first to ensure the withdrawal can be routed properly:
    blue-caret.PNGSome require a minimum amount before they are credited.
    blue-caret.PNGOthers may require a message/paymentID/tag/memo.
  • Be aware of the minimum withdrawal requirement and withdrawal fees. Expand the next section Minimum withdrawals in this article for more information.
Minimum withdrawals

Most* coins/tokens on the Bittrex exchange require a minimum withdrawal amount of 3x the transaction (Tx) fee plus 1 Satoshi.
  ↪ What is Satoshi?

For example:

DOGE has a Tx Fee of 2.0, so the minimum withdrawal amount would be 6.00000001.

*Stellar Lumens (XLM) requires you to deposit a minimum of 20 XLM for first time transfers to newly generated wallets. 


To calculate the minimum withdrawal amount for a specific coin/token, you can review the API page and use "Ctrl+F" to search the coin's name and "TxFee" information.
  ↪ Understanding the Currencies API


You can also find this information in the Withdraw window:

Tx_fee_ATOM.png

Or, you can ask our Trexie bot (in the bottom right corner of the screen)!

Trexie_tx_fees_2.png  Trexie_tx_fees_3.png

Note:

If your available balance is not enough to cover the transaction fee, you will need to do one of the following:

  • sell the coin on the market
  • buy or deposit more of the coin to meet the minimum withdrawal criteria, or
  • if there is no market available, the funds will remain in the account but they will be unusable
How to withdraw coins/tokens
You can do this from mobile or web:

Mobile Web
  1. Open the app and tap More > Log In and enter your credentials.

  2. Tap Wallets.
  3. Click on the Withdraw button found in the blue box at the top of the page.

    IMPORTANT!

    Before withdrawing, check the deposit instructions for your receiving wallet first. Then, if required, add a message/paymentID/tag/memo so the withdrawal can be routed properly to the receiving end.

    If you forget to add this information, your coins/tokens may be lost and the recipient will not receive them. Once the funds are withdrawn from Bittrex, we no longer have access to them and cannot recover them.

  4. Select the cryptocurrency you would like to withdraw and enter the wallet address for where you wish to send the coins/tokens.

    Note:

    We strongly recommend copying and pasting wallet addresses to avoid the following scenario:

    If you send coins/tokens to an incorrect wallet address, they unfortunately cannot be recovered.


  5. Enter the withdrawal amount and tap Withdraw Currency.
  6. Confirm the transaction by reviewing the details, then tap Confirm and Withdraw.
  7. Enter your authentication code and tap the arrow.

  8. To immediately view the status, tap View Details. You can also go to Holdings > history_icon.png History > Withdrawals and tap on the Status icon for detailed information.

  9. Once the transaction is complete, your withdrawal status will change from streamlinehq-interface-time-clock-circle-interface-essential-24.PNGPending to streamlinehq-interface-validation-check-interface-essential-24.PNGComplete.

    BUS_crypto_withdrawal_mobile.gif
Troubleshooting and FAQ
Refer to this article.



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