Bitcoin is a digital currency that has gained immense popularity over the years. It is decentralized, meaning it is not controlled by any central authority. Bitcoin can be stored in a digital wallet, and transactions can be made using a unique code known as a private key. Zebpay and Koinex are two popular cryptocurrency exchanges in India. In this article, we will discuss how to transfer Bitcoin from Zebpay to Koinex.
Step 1: Open Zebpay app
The first step in transferring Bitcoin from Zebpay to Koinex is to open the Zebpay app on your device. If you do not have the app installed, you can download it from the app store.
Step 2: Click on ‘Withdraw bitcoin’
After opening the app, click on the ‘Withdraw Bitcoin’ option. This will take you to the page where you can initiate the transfer.
Step 3: Enter the amount of Bitcoin you want to transfer
On the ‘Withdraw Bitcoin’ page, you will need to enter the amount of Bitcoin you want to transfer. Make sure that the amount you enter is within the limits set by Zebpay.
Step 4: Enter the Koinex wallet address
Next, you will need to enter the wallet address of your Koinex account. To do this, open your Koinex account and go to the ‘Deposit’ section. Here, you will find your Koinex wallet address. Copy this address and paste it into the ‘Recipient Bitcoin Address’ field on the Zebpay app.
Step 5: Verify the details
Before initiating the transfer, make sure to verify all the details. Check the amount of Bitcoin you want to transfer and the wallet address of your Koinex account. Once you are sure that everything is correct, click on the ‘Withdraw’ button to initiate the transfer.
Step 6: Wait for the confirmation
After initiating the transfer, you will need to wait for the confirmation. This can take anywhere from a few minutes to a few hours, depending on the network congestion.
Step 7: Check your Koinex account
Once the transfer is complete, you can check your Koinex account to confirm that the Bitcoin has been credited. You can also check the transaction history to see the details of the transfer.
Conclusion
Transferring Bitcoin from Zebpay to Koinex is a simple process that can be completed in a few easy steps. Before initiating the transfer, make sure to verify all the details to avoid any mistakes. It is also important to note that the transfer time can vary depending on the network congestion. If you have any issues with the transfer, you can contact the customer support team of both Zebpay and Koinex for assistance.