Withdrawing crypto from HitBTC is an easy and straightforward process, although it can be a bit daunting the first time. Luckily we are here to guide you on how to withdraw crypto from HitBTC to Zengo. To do this, you must make sure you have set up your Zengo wallet correctly.
Zengo is a next-generation non-custodial cryptocurrency wallet that uses state-of-the-art MPC technology to safeguard your digital assets. Zengo is more secure and reliable than any hardware wallet and safer than digital banks and finance apps because of its built-in Web3 firewall, seedless keyphrases, and personal account recovery system that uses biometric facial recognition software.
Checking whether your funds have arrived in the Zengo app is very simple and straightforward. Simply open the app, log in with facial recognition, and check the main balance page. If you want to see an overview or more details about certain transactions, simply open the history tab by tapping on the ‘’History’’ button on the lower right corner of your screen.
Zengo is a must-have crypto wallet for those seeking a secure non-custodial wallet on which to store cryptocurrencies and NFTs as well as access DeFi trading and staking platforms.
Zengo is one of the safest and most secure crypto wallets available to retail users today. The wallet app utilizes state-of-the-art MPC technology, three-factor authentication with biometric login and transaction confirmation for an extra layer of security. With Zengo, you don’t need to remember any difficult seed phrases as your face is used to generate a truly unique and secure seed to access your digital assets!
With Zengo’s non-custodial wallet, you are in complete control of your own private keys without having to worry about security or losing access to your funds. Furthermore, our fiat on-ramp service allows you to easily diversify and grow your crypto portfolio by purchasing your crypto of choice with fiat currency. Aside from that, you can also take part in our savings program.
If you ever need any assistance with your Zengo wallet, you can contact our real human customer support staff at any time, even on weekends and holidays. Alternatively, you can check out our Help page to see if your question has already been answered.
With Zengo, you can easily send crypto to other wallets or ‘’cash out’’ to fiat whenever you want. To send crypto to other wallets, tap on the ‘’Actions’’ button located in the main menu followed by ‘’Send’’. Now, simply fill in the amount of crypto you want to send, paste the receiving address or scan the QR code, and verify the transaction.
Rather cash out your crypto earnings to fiat? No problem! Simply tap on the ‘’Actions’’ button, and then on the ‘’Sell’’ button. As of writing this guide, you can sell your digital assets for Euros, British Pounds, and/or United States Dollars.
Note that you have to connect your bank account to your Zengo wallet prior to requesting a fiat withdrawal and that it may take a few days for your funds to arrive.
HitBTC is a leading European cryptocurrency exchange that provides cryptocurrency trading services to individual and institutional traders. It was founded in 2013 and is operated by Ullus Corporation. HitBTC is mainly known for its support of automated trading via its integrated API and Comprehensive Demo Trading feature, which traders can use to back-test trading strategies. HitBTC aims to be the primary choice as a cryptocurrency exchange for algorithmic traders that make use of Expert Advisors, automated trading scripts, and robot trading software.
The main difference between HitBTC and Zengo is that HitBTC is mainly a cryptocurrency exchange that allows its users to buy and sell cryptocurrencies. It is possible to store your crypto on HitBTC, but you aren’t in control of your private keys. With Zengo, you are in control of your private keys, and you, therefore, own the crypto in your wallet. Zengo specializes in digital asset non-custodial services and provides you access to Web3, NFTs, Metaverse gaming, Daaps, and the world of decentralized finance.
HitBTC withdrawal fees are both flat and dynamic, and they also vary on a per-coin basis: the rates do not depend on the withdrawal amount but are automatically adjusted to the market situation, ensuring that you get high transaction speed regardless of the network load.
Users that have passed the KYC procedure can withdraw up to 100 BTC per day and an unlimited amount of BTC per month from HitBTC. Unverified users can withdraw up to 1 BTC daily and five monthly.
Although HitBTC doesn’t precisely state how long withdrawals take on its platform, it is safe to assume that cryptocurrency withdrawals are processed within up to 2 hours, depending on the network load of the chosen cryptocurrency.
The most common problems that can occur when withdrawing crypto from HitBTC is when either the payment information is filled in incorrectly or the network is overloaded. For those that trade automatically through the use of Expert Advisors or other forms of automated trading software, make sure to set the correct permissions for your API key to give HitBTC access to send and withdraw cryptocurrencies to and from your external wallets. The withdrawal request can also be denied if you aren’t fully KYC-verified or if your bank doesn’t accept withdrawals from unregulated cryptocurrency exchanges.
Fiat currencies are not supported as trading instruments on the HitBTC platform. Therefore, it is not possible to link your HitBTC account with your bank account. However, you can withdraw your crypto from HitBTC to Zengo and use Zengo’s off-ramp service to sell your crypto for fiat.
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