With the newly published Travel Rule in the Official Gazette, new regulations have been introduced in cryptocurrency trading. Under this regulation, you will need to provide more information when withdrawing crypto from EgeMoney compared to the previous system. In this article, we will explain the most up-to-date process for withdrawing cryptocurrency from your account.
Requirements for Withdrawing Crypto Assets from Your EgeMoney Account
To withdraw crypto assets from your EgeMoney account, you must first have a verified account. Completing the KYC process is necessary to proceed with transactions. The KYC steps ensure the verification of your identity and personal information.
During the withdrawal process, make sure to select the correct network and wallet address. Checking the minimum withdrawal amount helps ensure a smooth transaction. Once the transfer is complete, you can verify the transaction by checking your balance. For your security, always use official platforms for transactions.
How Can I Withdraw Crypto Assets from My EgeMoney Account?
- First, log into your account. Then, go to the “Wallet” section at the top right. Here, click on the “Main Wallet” tab.
- Click on the “Withdraw” button, then click on the “Crypto Withdraw” button.
- First, select the cryptocurrency you want to withdraw, the coin network, and ensure the accuracy of the recipient address. When performing your crypto withdrawal, please make sure to select the correct network type. Some cryptocurrencies may require a MEMO number during the withdrawal process. Please make sure you enter the correct MEMO number. Also, enter the amount you wish to transfer and the network fee together in the relevant field.
- Here, at the bottom of the page, mandatory fields must be filled in to complete the transaction. Please provide the recipient’s first and last name, the exchange to which the funds will be transferred, and the recipient’s Turkish ID number (or tax ID number for corporate accounts). Fill in these details and make sure to verify their accuracy.
- Once all the information is filled in correctly, your crypto withdrawal process will be initiated. Please don’t forget to check that the entered network addresses match the network. If you enter the wrong address, you may lose your funds. After entering the amount, please wait for the blockchain network to confirm your transfer.
For more information, please feel free to contact us.
