How to withdraw money from Bittrex to bank account

How to withdraw money from Bittrex to bank account

Robert McDougall 

July 13, 2023

Cryptocurrency

Key Takeaways

  • Bittrex is a popular cryptocurrency exchange known for its security, hundreds of coins, and low trading fees. It allows easy withdrawal of fiat currency from the site compared to other top trading platforms.
  • There are five simple steps to withdraw money from Bittrex to your bank account: log in to Bittrex and go to Holdings, find USD or EUR, add your bank account details, review your withdrawal details, and receive money from Bittrex into your bank account.
  • To add your bank account details, you need to fill out a form with your bank details and submit it to Bittrex Support for verification.
  • After your bank account has been verified and linked to your Bittrex account, you can review your withdrawal details, confirm your withdrawal, and enter the 2FA code. Your money should arrive in your bank account within 3 business days.

Bittrex is a popular cryptocurrency exchange around the world, and in particular, the US. With top-notch security, hundreds of coins, and low trading fees, it's no wonder that Bittrex is widely used. If you're reading this article, you probably already know all the benefits of the platform, as you are now interested in withdrawing money back to your bank account. The great thing about Bittrex is that you can easily withdraw fiat currency from the site, unlike other top trading platforms like Bybit, MEXC, and KuCoin.

In this step-by-step guide, we will show you how to withdraw USD to your bank with screenshots along the way, so you won't get lost. Let's get into it! 

How to withdraw money from Bittrex?

There are just five simple steps to withdraw money from Bittrex to your bank account. Each of these steps will be expanded upon below, with detailed screenshots to help you.

Step 1: Log in to Bittrex, and go to Holdings

Step 2: Find USD or EUR

Step 3: Add your bank account details

Step 4: Review your withdrawal details

Step 5: Receive money from Bittrex into your bank account 

Step 1. Log in to Bittrex, and go to Holdings

The first step is to sign into your Bittrex account, which you can do directly here. Once you have signed in, click on 'Holdings' in the menu (circled in green below). You will then see a list of available assets on Bittrex, with their corresponding balance and value.

Step 2. Find USD or EUR

The next step is to find the relevant currency that you wish to withdraw, whether USD or EUR. In our example, we will withdraw USD, as many of our readers have asked us how to withdraw USD from Bittrex. 

In the search field (circled in green below), type in USD. You will then see a list of assets that have 'USD' in their name. Find the one called US Dollar (circled in pink below), and then click the corresponding 'Withdraw' button (circled in yellow below).

Step 3. Add your bank account details

When you clicked the 'Withdraw' button in the step above, you will see a pop-up like the screenshot below. Click on 'Get Started', and a new tab will open.

This new tab is a ticket request to Bittrex Support so they can add your bank details. The first box will already be filled in for you, which is your query (Add bank account for EUR or USD Wire or SEPA Transfers). Enter your email address, and then choose which type of bank account you wish to add (see green arrow below). In this guide, we selected USD wire transfer.

After you have selected your type of bank account, you will see plenty of fields appear on the form, which you need to fill out with your bank details. Complete the form, and then click 'Submit' at the bottom.

Step 4. Review your withdrawal details

Once your bank account has been verified, and linked to your Bittrex account, you can review your withdrawal details. Check the amount that you wish to withdraw, and then confirm your withdrawal, and enter the 2FA code.

Step 5. Receive money from Bittrex into your bank account

Now all you need to do is wait for your money to arrive in your bank account. This can take up to 3 business days to transfer, so don't worry if you don't see it immediately. If more than 3 business days have passed, you can reach out to Bittrex through their customer support team to chase up the status of your withdrawal.

Frequently Asked Questions

Can I withdraw from Bittrex to bank account?

Yes, it is easy to withdraw money from Bittrex to your bank account. Follow the simple steps in our guide above and you can withdraw USD or EUR.

How long does it take to withdraw money from Bittrex?

It can take up to 3 business days for money to be withdrawn from Bittrex to your bank account. If it has been longer than 3 business days, contact Bittrex Customer Support to check the status of yoru withdrawal.

How much does Bittrex charge to withdraw?

If you want to withdraw money from Bittrex, the fee is $25 per transaction. It is a good idea to make larger withdrawals in one go rather than several smaller withdrawals, which will incur the $25 fee each time.

How do I get my money out of Bittrex?

It is easy to withdraw your money from Bittrex. Have a read of our step-by-step guide above and follow the simple steps to withdraw money from Bittrex to your bank account.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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