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How to cash out BitMEX exchange coins

Aug 27, 2024 pm 12:16 PM
BitcoincryptocurrencyEthereumLitecoinexchange

Steps to sell cryptocurrencies through BitMEX exchange and withdraw money to WeChat: Lift transaction restrictions (SMS verification, identity verification) Select the currency (Bitcoin, Ethereum, etc.) Create a limit order (specify the sale price and quantity) Wait for the order to be completed Withdraw to WeChat (enter the withdrawal amount, WeChat payment information)

How to cash out BitMEX exchange coins

How to sell cryptocurrency on the BitMEX exchange and withdraw to WeChat

1. Unlock transaction restrictions

To ensure safety, BitMEX requires users Remove trading restrictions before making your first withdrawal attempt. Log in to your BitMEX account, enter the "Security Settings" page, and follow the prompts to complete SMS verification and identity verification.

2. Select currency

Enter the "Wallet" page and select the cryptocurrency you want to sell. BitMEX supports multiple currencies, including Bitcoin, Ethereum, and Litecoin.

3. Create a limit order

Select the "Limit Order" type and enter the price and quantity you want to sell. Limit orders ensure that your cryptocurrency will be traded at a specified price or better.

4. Wait for the order to be filled

Once an order is created, it will be added to BitMEX’s order book. Wait for the order to be matched with other traders and filled.

5. Withdraw to WeChat

After the order is completed, your legal currency earnings will be credited to your BitMEX account.

  • Enter the "Wallet" page and select "Withdraw".
  • Select "WeChat Pay" as the withdrawal method.
  • Enter the withdrawal amount and your WeChat payment information.
  • Check details and confirm withdrawal.

Withdrawal processing time

Withdrawal processing time depends on network conditions and BitMEX’s processing time. Typically, withdrawals arrive within a few hours.

Fees

BitMEX charges a handling fee for withdrawals, and the fees depend on the withdrawal amount and withdrawal method. Please check the BitMEX official website for the latest handling fee information.

Notes

  • Make sure you have entered the WeChat payment information correctly.
  • Avoid sending cryptocurrencies directly to WeChat wallet.
  • Only use the official BitMEX app or website to withdraw.

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