Bitfinex USDT ERC20 withdrawal is a 4-step process that allows verified users to send Tether (USDT) to an external ERC20 address with a low transaction fee of just 0.18635 USDT.
The process includes wallet selection, setting the Ethereum blockchain network, verifying with 2FA, and confirming the request via email.
Bitfinex USDT ERC20 Payout Process Full Breakdown
After completing the Bitfinex verification, traders can use a wide variety of transaction methods (including USDT on the Ethereum network) on the Bitfinex exchange dashboard.
Bitfinex USDT ERC20 withdrawal includes these simple steps:
- Entering the "Wallet" section and accessing "Withdraw"
- Completing the payout form with ERC20 and required values
- Confirming the request with 2FA, confirmation number, and email
- Reviewing transaction details in the history section
#1 Accessing the Wallet Section and Starting the Process
Click on the"Wallet" dropdown in the top navigation and select "Withdraw".
Then choose the "Tether tokens" option to proceed with the form.
#2 Completing the Withdrawal Form
To complete the form:
- Choose Tether USDt as the cryptocurrency
- Select the correct wallet (e.g., Funding)
- Choose the Ethereum (ERC20) network
- Enter the amount to withdraw (min: 4.9937578 USDT)
- Review and accept the fee of 0.18635 USDT, optionally deduct it from the total
Click on the "Continue" button.
On the next page:
- Paste the withdrawal address
- (Optional) Add a note
- Check the agreement checkbox
Click the "Request Withdrawal" button to submit.
#3 Confirming the Withdrawal Request
Enter the 6-digit code from your Google Authenticator app to proceed.
Now, enter the confirmation number displayed on screen into the respective field.
Go to your email inbox and locate the confirmation message from Bitfinex. Click "Approve or Cancel Withdrawal" to finalize.
On the redirected page, click "Approve" to confirm and submit the transaction.
#4 Reviewing Transaction Status
Return to the "Wallet" and "Withdrawals" page to track the status, amount, and time since you submitted the payout.
TF Expert Suggestion
Bitfinex USDT ERC20 withdrawal can be completed in less than 10 minutes, with a minimum amount of almost 5 USDT. Users withdrawing more than $1,000 can optionally include travel rule information.
To explore more about the other Bitfinex deposit and withdrawal methods, visit the Bitfinex tutorial section.
