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Ethereum: Bitcoin’s Trans process (BTC) in a house accommodated BTC-E
As an increasing community of cryptocurrency users, it is essential to understand the process and the delay to transfer cryptocurrencies. In this article, we will deepen the duration of the Bitcoin (BTC) transfer of its local portfolio to a BTC-E portfolio.
Transfer BTC from local portfolio to BTC-E portfolio
To start, you must have a local wallet containing your bitcoins and a BTC-E hosted wallet where you have created an account. Here is a step -by -step guide on how to transfer bitcoin from one wallet to another:
- Connect in the local portfolio
: Access your local wallet via your website or mobile application.
- Select the transfer option : Find the „Transfer“ or „Put“ option and choose the menu.
- Enter the address of the recipient : Enter the recipient’s Bitcoin address (also called a private key) in the transfer form. This is the same address you used when creating your BTC-E Wallet account.
- Establish the details of the transfer : Complete the amount of bitcoins which will be transferred, the payment method and any additional information required by BTC-E (for example, the details of the transaction).
- Confirm the transfer
: Check the details of the transfer for the last time and confirm that you want to continue.
Processing time of the local portfolio at the BTC-E portfolio
The processing time to transfer the bitcoin of your local wallet to a BTC-E portfolio which is hosted varies depending on several factors, in particular:
- Your Internet connection rate (for example, 1 Mbps compared to 100 Mbps)
- The size of the quantity of transaction
- The complexity of transfer details
According to the official BTC-E website, the processing time for transfers from its local portfolio to a BTC-E shelter is generally around
30 seconds A
2 minutes . However, this can vary between 5 and 15 minutes or more in some cases.
Transfer BTC of BTC-E housed in the portfolio to the local portfolio
Once you have managed to transfer Bitcoin to your BTC-E hosting portfolio to your local wallet, the process is invested. This is what you need to do:
- Connect in the local portfolio : Access your local wallet via your website or mobile application.
- Select the „Delete“ option: Search for the „Delete“ or „Transfer“ option and choose it from the menu.
- Enter the address of the recipient : Enter the recipient’s Bitcoin address in the retirement form, which will be the same as your Wallet BTC-E address.
- Establish the details of the retirement : Complete the amount of bitcoins which will be withdrawn, the payment method and any additional information required by its local portfolio (for example, the details of the transaction).
- Confirm the retirement : Check the details of the retirement for the last time and confirm that you want to continue.
Processing time of the local portfolio at the BTC-E portfolio
The processing time to transfer the bitcoin of its BTC-E accommodated wallet to a local wallet is also relatively fast, generally around
1-2 seconds .
In summary, when transferring Bitcoin (BTC) to its local portfolio in a portfolio housed BTC-E:
- The processing time for transfers from your local portfolio to BTC-E can last between 30 seconds and 2 minutes.
- Transfer BTCO-E Bitcoin to your local wallet usually takes approximately 1 to 2 seconds.
As with any transfer of cryptocurrency, it is essential to make sure that you have the necessary information (for example, the address of the recipient) and to follow the correct procedures to avoid errors or delays. If you are not sure of something, do not hesitate to contact the BTC-E assistance team to get help.