Deposit Process With Bit & Coins
To deposit funds into your Bit & Coins trading account, you need to follow four simple steps:
It is very easy to deposit and withdraw money with Bit & Coins. We have made these transactions easy and secure for you and support various banking methods that are convenient and safe.
With Bit & Coins, you can be sure that we always take the necessary precautions to protect your funds and personal data. Bit & Coins has implemented stringent security measures to protect and secure your transactions and personal data on our platform.
Click here, to log in to your Bit & Coins trading account.
Find the "Deposit" button on the website and click on it.
Select your preferred payment option and complete the necessary information.
After you confirm the transaction, the funds will be credited to your trading account.
Credit and debit cards
Please note, that Bit & Coins platform displays different deposit options. By clicking on the "Deposit" button, you can check if your country or region supports this method on the Bit & Coins platform.
eWallets
eWallets are a popular and preferred method by global traders for making transactions of all types. As such, Bit & Coins offers a choice of eWallet options to deposit with. When you make a deposit using an eWallet, the funds are instantly transferred into your trading account, so you can start trading your preferred assets quickly.
International Bank/ Wire Transfer
While depositing funds using a credit card, debit card or eWallet is fast and easy to do, some investors prefer to use wire transfers or international bank transfers to fund their trading accounts. To ensure we meet your trading needs and preferences, Bit & Coins offers the option of wire transfers. Please be advised though that by using this deposit option, it may take up to 7 business days for your capital to reflect in your trading account.
Local Bank Transfer
To serve our global traders, at Bit & Coins, we offer local bank transfer as an option for depositing trading funds into your account. This option is preferred by many as it is often faster than wire transfers and international bank transfers and it only takes a few days for the transaction to be completed.
From the comfort of the trading platform’s interface, you can access the choice of local banking options. Simply click on the “Deposit” button and check to see if your country or region is listed.
Withdrawing your funds and profits from your trading account is a straightforward and simple process. At Bit & Coins, we offer a choice of user-friendly and secure banking methods to ensure you have a seamless experience.
At Bit & Coins, we have taken all the necessary steps to keep your funds and personal data safe so you can have complete peace of mind. We have implemented the latest and most advanced security protocols to ensure that our platforms and your transactions are always safe and secure.
What is the Bit & Coins Withdrawal Process?
The Bit & Coins withdrawal process is quick, easy, and hassle-free. Simply follow these 3 easy steps.
Start the withdrawal process by completing the withdrawal request form
Complete the requested details and then send the form to:[email protected]
Once your form has been processed and approved, your requested funds will be transferred to you.
Please note that once you have submitted your withdrawal request, it can take up to 3 business days to be processed by the Bit & Coins team. Also, your funds will be credited via the same payment method you used to make the deposit. It can also take up to an additional 7 days for the funds to reflect in your account, depending on the withdrawal method used. While Bit & Coins does not charge any fees, your financial institution may deduct fees so please contact them directly for more information.
Security and Verification
At Bit & Coins, the safety and security of our account holders is a priority for us. As such, we have implemented comprehensive security measures to protect you and our platform from fraudulent activities. Also, our security measures ensure that we are complying with international, anti-money laundering regulations. To facilitate these security processes, all Bit & Coins clients are required to complete a verification process.
To complete the verification process and to start trading, you will need to provide personal identification information and various documents. This information can be submitted online.
The following documents are required to complete the verification process
- Proof of Identification (POI)
- Proof of Residence (POR)
By clicking on the “Upload Documents Page” on the platform interface, you can upload your documentation. While our verification process is straightforward, if you require any assistance or have any questions, please feel free to contact our dedicated service team who are always available to assist you. They can be contacted using the Live Chat feature, telephone, or send an email to [email protected]
Proof of Identification (POI) Documents
A valid ID document issued by a government is required for you to complete the verification process. You can send either a scan or a photo of your ID. The following documents are acceptable for verifying identity with Bit & Coins:
- Driver’s license
- National Identity Card
- Passport
Just make sure that the copy of the chosen identity document you send to us is legible with your full name, date of issuance,c and expiration date clearly indicated. A clear photo of you must also be included in the ID document.
Proof of Residence (POR) Documents
As part of the verification process, you will also need to verify your place of residence by providing the relevant documentation. Please ensure that the documents are no more than 3 months old. Also, the details on the documentation must match the information provided when you registered a Bit & Coins account. Please ensure that your full name and full address of residence are legibly displayed.
The following are acceptable documents for POR purposes:
- Utility Bill (Such as a water, gas, electricity, or phone account)
- Bank Statement
- Credit/Debit Card Statement
Credit Card Information Verification
Should you wish to use a credit or debit card as a method for deposits and withdrawals to and from your Bit & Coins account, you will need to provide us with an image of the front and back of your card with legible information. You can send either a scan or a photograph of the card that was used.
The following information must be included in your image:
- Full Name
- Expiration Date
- First 5 and last 4 numbers are on the card. Please ensure the middle 7 digits, as well as the CVV number, are hidden.
- The signature on the card must match the signature provided on other documents provided to Bit & Coins.
Please Note: You may be required to provide Bit & Coins with a credit card statement that proves you are the legal owner of the credit card account. This statement will need to clearly display your full name as well as the last four digits on the card. Also, the name on the statement must match the card name as well as other documents provided to Bit & Coins.
Bank Transfer - Proof of Payment
Bit & Coins only processes withdrawals through the same payment method originally used to deposit funds into your account. If you deposited funds using the bank transfer option, you will be required to provide an image/screenshot that legibly displays the deposit transaction.
