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How to withdraw

When you withdraw funds from your account, you choose between the following options:

1. Type of currency: Bitcoin (BTC) or USD 

2. Transaction method - depending on your base currency: from trading account to wallet or trading account to bank

Your trading account with CPH Crypto is either a USD or a BTC as your basecurrency. 

When you withdraw funds you have to withdraw the same type af asset as your basecurrency on your account. 

When you withdraw funds you will also have to go through a KYC proces.

If you have an account where the base currency is Bitcoin (BTC), then you follow these steps to deposit BTC:

  1. Go to your account
  2. Copy your wallet address
  3. Send BTC to your wallet
  4. Await confirmation, and once confirmed your deposit will be ready for trading on your trading account

 

If you have an account where the base currency is USD, then you follow these steps to withdraw USD:

Bank wire - USD

  1. Go to your account
  2. Click on "Click here to make a withdraw using bank transfer"
  3. Enter the amount you want to deposit, and the IBAN number the deposit will be sent from. Then click "save"
  4. Follow the instructions on the screen - here is an example if you are withdrawing 1000 USD. Wire the amount to the specified IBAN number - and remember to enter the reference number when wiring the money. 
    Amount: USD 1000.00
    IBAN number: type in the IBAN number for your own bank

  5. Await confirmation, and once confirmed you withdrawal the transaction will be executed from your CPH Crypto account to your bank account.