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How to Transfer Crypto from Bybit to BTCC
Swen Keller
- Last Updated 3 November, 2024
Arguably the most established crypto exchange in the industry, the BTCC derivatives crypto exchange was founded in 2011 and is currently headquartered in Lithuania.
It is fully regulated in the United States by FinCEN and has its crypto license issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) in Canada. It is also regulated in Europe by Lithuania’s Financial Crime Investigation Service.
Since its inception, BTCC has had zero security incidents due to its strong security and user safety measures such as its cold wallet storage of customer funds, PCI DSS compliance, and a secure system with 99.9% availability.
Why Send Crypto from Bybit to BTCC Exchange?
BTCC offers over 300 cryptocurrencies for futures trading with up to 50x leverage. Users can also access up to 500x leverage on particular assets including DOGE, BTC, SOL, and XRP. However, this is available only for a limited time. With your crypto funds on BTCC, you can trade 29 tokenized futures including Silver, US Stocks, and Gold as well.
Also, beginners can benefit from its copy trading feature where they can follow experienced traders and gain from their expertise.
Sending crypto to BTCC is also a seamless process as the derivatives exchange allows you to deposit more than 200 crypto assets. After successful deposits, you can convert all of these 200+ coins to USDT for futures trading. So you don’t have to bother about converting your crypto to USDT on the external exchange before transferring to BTCC.
BTCC also rewards active traders based on their deposit and trade volume with benefits such as low trading fees (can get as low as 0.01%), birthday gifts, priority customer support, quick withdrawals, and much more.
Lastly, BTCC offers a non-expiring demo account with up to 100,000 USDT in virtual funds allowing you to test your trade strategies in a risk-free environment.
How to Open an Account on BTCC
Go to BTCC: https://www.btcc.com/en-US. Next, click on the Register button at the upper right corner of your screen.
On the new page, you’ll see various options to register an account with BTCC. The options available include using your email address, mobile number, or third-party options such as your Apple ID, MetaMask wallet, or Google account. For the sake of this tutorial, we will use the email address option.
So enter your email address and choose a password. Tap the Register Now button.
BTCC will send an email containing a verification number to your registered address.
Input the verification digits into the relevant field to create your account.
You have successfully created your BTCC user account. Note that to access the full benefits of BTCC you’ll need to verify your identity.
BTCC offers a new user reward program where you can access up to 10,055 USDT in trading funds. To unlock the various reward levels users need to complete missions like performing identity verification, making a deposit, cumulative futures trade volumes, etc.
How to Send Crypto from Bybit to BTCC (Step by Step)
Step 1
The first step in sending crypto Bybit to BTCC is to copy your deposit address from BTCC. To do so, sign in to your BTCC user account and click the Deposit button located at the top right corner of your dashboard. The Deposit button is beside the Assets one as seen below.
Step 2
Once that’s done, a side menu will pop up displaying the following options: Fiat Deposit, P2P Trading, and Crypto Deposit under the “I have Crypto Assets’ submenu. Tap the Crypto Deposit button.
Step 3
On the new page select the cryptocurrency you want to deposit on BTCC, the relevant blockchain network you’ll send it on from Bybit, and the amount you intend to deposit.
On the right side of the page, you’ll see the BTCC deposit address for the crypto asset you chose as your deposit currency. Tap the Copy icon to copy it or you move your cursor over it to copy but this isn’t a recommended option. For the sake of this tutorial, we will use Bitcoin on the Bitcoin network as the deposit currency.
Step 4
Log into your Bybit account dashboard and click the Assets icon located at the bottom right corner of your screen.
On the new screen that pops up, click the Withdraw button.
Step 5
Next, you should see a page with a list of supported crypto assets on Bybit. Search for the cryptocurrency you want to deposit on BTCC. In this tutorial, we will use Bitcoin. So click BTC or enter BTC in the search bar and click on it.
Step 6
Enter the BTCC deposit wallet address you copied from your account and then the blockchain network you wish to send on, which in this case is the BTC network. Lastly, enter the amount of BTC you want to send out from Bybit to BTCC.
Tap on the Withdraw button then click Confirm.
Alternatively, if you don’t want to risk pasting the wrong deposit wallet address there’s a QR Code option. For this, you can tap the QR Code icon beside the Deposit Wallet Address field on Bybit. This will open up a camera screen. Next, go to BTCC and place the camera screen over the QR Code of your BTCC wallet address and it’ll automatically copy the Alphanumeric.
Step 7
That’s it! Your funds will be sent to your BTC BTCC wallet. To see your funds go to your BTCC profile hit Assets twice.
Next, click Wallet and then choose the crypto you sent (BTC) to view the successful transfer.
Conclusion
You can see how easy it is to transfer your crypto assets from Bybit to BTCC. In a couple of minutes, your funds will be available in your BTCC wallet address. With your crypto on BTCC, you can now trade more than 300 cryptocurrencies on the Futures market, 29 tokenized Futures (Gold, Silver, US Stocks, etc), have access to copy trading functions, exclusive VIP benefits (birthday gifts, low trading fees, priority customer support), and much more.
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