How to send Ethereum (ETH) on BitBay ?

How to send Ethereum (ETH) on BitBay ?

You want to use BitBay to send to Ethereum, but you’re not sure how to work this platform. But don’t worry, we will provide you with a step by step guide.

Register on the platform, the BitBay

If you want to use BitBay to send to Ethereum, the first thing you have to do is register on this platform. However, no worries, it really is that simple. For a start, you must specify your e-mail address and set your user name, a pin code as well as your password. That said, we recommend that you choose a complex password. This will help you ensure greater security against piracy. Once this is completed, you will receive an email containing a link. By clicking on it, you will validate your account. You can also opt for a second level of protection using Google Authenticator. Although this is totally optional, we recommend that you do so in order to offer even better protection to your crypto-currency.

The verification of your account

However, even if your account is validated, you can not still take full advantage of BitBay. Indeed, for this, you will need to complete several steps, but nothing really difficult. For a start, you need to fill in a form in which to indicate several personal information, including your first name, your name, your address and your date of birth. Then provide an identity document in course of validity. This can be an identity card, a passport or a driving licence. Finally, it only remains for you to send a proof of address dating from less than 6 months.

Buy Ethereum on BitBay

As soon as you have validated all the necessary information, you can get hold of Ethereum. To do this, it is possible to proceed in several ways :

  • you can transfer to it from another address, be it your online portfolio or another platform ;
  • you can win by blasting ;
  • you can directly buy on BitBay. However, we advise you to opt for payment by bank transfer, a method much more simple.

Send Ethereum with BitBay

Once you have purchased Ethereum, you can finally send via BitBay. To do this, you must go to the tab “Funding” and click on ” Withdraw “. You will then need to choose the crypto-currency that you want to send – in this case the Ethereum – and add the destination address of your shipment. Please note, however, that the shipments of ethers are irreversible, which means that if you make a mistake in the recipient’s address, your Ethereum will be simply lost. To avoid this inconvenience, we recommend that you add the address of your recipient by doing a copy-and-paste. Once you have checked everything, it only remains for you to validate.

What you must remember

  • Before sending the Ethereum, you have to register on BitBay.
  • However, before you make a deposit, you will need to prove your identity.
  • Once you have Ethereum, you can make your submission by going to the tab “Funding” before clicking on ” Withdraw “.