Deposits & Withdrawals

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How do I deposit crypto?
Each user will have unique wallet ID for all cryptocurrency coins. Simply send the relevant cryptocurrency (as supported on Blockbid) to your Blockbid walle...
Mon, 3 Jun, 2019 at 4:02 PM
How do I withdraw crypto?
Once KYC requirements are completed and approved, user will be able to withdraw crypto from listed cryptocurrency wallets with balance. How to withdraw ...
Tue, 4 Jun, 2019 at 2:06 PM
How do I make fiat deposits?
How to make fiat deposits: 1. Log into your Blockbid account 2. Click the menu in the top right hand side and select 'Balances' 3. Select the f...
Thu, 27 Sep, 2018 at 12:23 PM
How do I make fiat withdrawals?
Once KYC requirements are completed and approved, user will be able to setup their banking details for deposit & withdrawals in settings section at &quo...
Mon, 3 Jun, 2019 at 4:18 PM
Unlimited deposits and withdrawals for users
Blockbid offers unlimited deposits and withdrawals for users, pending completion and approval of KYC requirements.
Wed, 23 May, 2018 at 5:55 PM
Is there any limit on how much I can deposit?
No, Blockbid does not have limit setup on deposits for fiat or cryptocurrency.  Once user's account is verified, you’re free to make unlimited deposits.
Mon, 3 Jun, 2019 at 4:24 PM
What payment methods do you accept?
At the moment, Blockbid only accepts fiat deposits via EFT (electronic funds transfer), which is also known as a bank transfer. We are currently investigati...
Mon, 3 Sep, 2018 at 2:45 PM
How long do deposits take to get approval?
Cryptocurrency Deposits:  These deposits are automatically added to your balance once they received sufficient confirmations on the blockchain network. Bit...
Fri, 6 Apr, 2018 at 12:40 PM
How long does it take to withdraw funds?
Most automatically processed cryptocurrency withdrawals will be processed within a few minutes; however, processing may take longer depending on blockchain ...
Fri, 6 Apr, 2018 at 12:41 PM
Why are 6 confirmations required before depositing BTC into my account?
This is to ensure the transaction has been verified by the Bitcoin network. By using multiple confirmations, there are given multiple points of verification...
Fri, 6 Apr, 2018 at 1:30 PM