How to Withdraw Cryptocurrency
Follow these steps to withdraw crypto from your ByteExchange account to an external wallet.
Step-by-Step Guide
- Go to Wallet > Withdraw.
- Select the cryptocurrency you want to withdraw.
- Choose the network (must match the receiving wallet).
- Paste the destination address carefully.
- Enter a memo/tag if required (XRP, XLM, ATOM, etc.).
- Enter the amount to withdraw.
- Review the network fee and the amount you will receive.
- Click Withdraw and complete the security verification (2FA + email/SMS code).
Withdrawal Fees
Each withdrawal incurs a network fee that covers blockchain transaction costs. This fee varies by coin and network:
| Coin | Network | Fee |
|---|---|---|
| BTC | Bitcoin | 0.0005 BTC |
| ETH | Ethereum | 0.005 ETH |
| USDT | TRC-20 | 1 USDT |
| USDT | ERC-20 | 10 USDT |
Fee amounts are adjusted periodically based on network conditions.
Withdrawal Limits
Your daily withdrawal limit depends on your KYC level:
- Level 0: 0.5 BTC equivalent
- Level 1: 50 BTC equivalent
- Level 2: 200 BTC equivalent
Security Verification
All withdrawals require:
- 2FA code (Google Authenticator)
- Email verification code
- Optional: SMS verification if enabled
Whitelist Addresses
For added security, enable Address Whitelist in your security settings. When enabled, you can only withdraw to pre-approved addresses, preventing unauthorized withdrawals.
Tips
- Always send a small test withdrawal first.
- Double-check the destination address and network before confirming.
- Withdrawals are processed within 30 minutes under normal conditions.