How Do I Transfer Money from My Ftx Account?
FTX is one of the top cryptocurrency exchanges in the world, with FTX.com as the main website and FTX.US serving residents of the United States. Cryptocurrencies are one of the easiest ways to start investing using smaller transactions. Users who watch their available funds grow often want to transfer money them to their bank accounts. Most crypto exchanges allow this, please read on to learn more.
Some Important Tips
Although FTX operates two different platforms for its users, some advice is universal, as follows:
- Please verify that your account has been verified so that you can make the requested withdrawal amounts.
- Double-check that the names on the bank account and your FTX account match, otherwise the withdrawal may be delayed or denied.
- Most withdrawals may have to clear one at a time, so use a wire transfer for faster payout and larger amounts. Please review the support pages before proceeding.
- Set up deposit alerts with your bank, if possible.
For FTX.US
FTX has two methods for connecting your bank account: direct bank login or providing the routing and account numbers. It may take 3-5 business days to process your withdrawal, and you may see the amount deducted from your FTX account first before you see the deposit to your bank account.
To submit a withdrawal request:
- Visit FTX.US and click on the Wallet tab.
- When prompted, sign into your account.
- Select Withdraw, and then select the funding source which includes USDC, your cash balance on FTX.
- Select the bank account and withdrawal amount, perform the two-factor authentication and click on the Submit button.
If you have any questions or concerns, please reach out to FTX customer support here anytime.
For FTX.com
This website services international users and has a variety of policies in place. There are fees depending on withdrawal amount and currency type, and the receiving bank may also have fees. Please visit the support pages for more details.
Please keep in mind that you must be verified at KYC level 2 and many transactions require a memo.
To make at FTX.com withdrawal, follow these steps:
- Go to FTX.com and log into your account. Next, select the Wallet tab.
- Please note that all withdrawals require a withdrawal password. If you already have one, you can proceed to the next step. If you don't have a withdrawal password, visit your profile settings and choose Withdrawal Password under the security option. Choose your password and click on the Set Withdrawal Password button.
- Click on Wallet, then choose your cryptocurrency type and then select Withdrawal Fiat to transfer funds to your bank or you could transfer USD funds to a credit card instead. Please note that FTX.com only supports USD transfers to credit cards at this time.
- Enter the amount to withdraw and type of wire transfer. Type in your banking details and you can also opt to save this information for future use.
- Confirm the withdrawal by entering your withdrawal password and performing 2FA. Submit your request by clicking on the Withdraw button.
Why Did GetHuman Write "How Do I Transfer Money from My Ftx Account?"?
After thousands of FTX customers came to GetHuman in search of an answer to this problem (and many others), we decided it was time to publish instructions. So we put together How Do I Transfer Money from My Ftx Account? to try to help. It takes time to get through these steps according to other users, including time spent working through each step and contacting FTX if necessary. Best of luck and please let us know if you successfully resolve your issue with guidance from this page.
Why does GetHuman Write How-to Guides for FTX Problems?
GetHuman has been working for over 10 years on sourcing information about big organizations like FTX in order to help customers resolve customer service issues faster. We started with contact information and fastest ways to reach a human at big companies. Particularly ones with slow or complicated IVR or phone menu systems. Or companies that have self-serve help forums instead of a customer service department. From there, we realized that consumers still needed more detailed help solving the most common problems, so we expanded to this set of guides, which grows every day. And if you spot any issues with our How Do I Transfer Money from My Ftx Account? guide, please let us know by sending us feedback. We want to be as helpful as possible. If you appreciated this guide, please share it with your favorite people. Our free information and tools is powered by you, the customer. The more people that use it, the better it gets.