What are the steps to send crypto between exchanges?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! Sending cryptocurrency between exchanges involves a few steps. First, you need to have accounts on both exchanges. Then, you'll need to generate a deposit address for the cryptocurrency you want to send on the sending exchange. Next, you'll initiate a withdrawal from the sending exchange and provide the deposit address from the receiving exchange. After confirming the withdrawal, the sending exchange will process the transaction and send the cryptocurrency to the receiving exchange. Finally, you'll need to wait for the transaction to be confirmed on the blockchain, which can take some time depending on the network congestion. Once confirmed, the cryptocurrency will be available in your account on the receiving exchange.
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• Dec 17, 2021 · 3 years ago
  Sending crypto between exchanges is pretty straightforward. First, you'll need to log in to your account on the sending exchange. Then, find the 'Withdraw' or 'Send' option for the specific cryptocurrency you want to transfer. Enter the deposit address of the receiving exchange and the amount you want to send. Double-check the address to ensure accuracy. Once you confirm the transaction, the sending exchange will process the withdrawal. It may take some time for the transaction to be confirmed on the blockchain, so be patient. Once confirmed, the cryptocurrency will appear in your account on the receiving exchange.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, sending cryptocurrency between exchanges is a breeze. First, log in to your account on the sending exchange. Then, navigate to the 'Withdraw' section and select the cryptocurrency you want to send. Enter the deposit address of the receiving exchange and the amount you wish to transfer. Make sure to review the details carefully before confirming the transaction. Once confirmed, BYDFi will process the withdrawal promptly. Keep in mind that blockchain confirmations may take some time, but rest assured that your funds will be securely transferred to the receiving exchange.
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