How to withdraw WhiteBIT Georgia stablecoins using Bank of Georgia?

We are pleased to introduce a new withdrawal method on WhiteBIT Georgia. Users can now withdraw WhiteBIT Georgia stablecoins directly from the exchange to their personal bank accounts via Bank of Georgia.

To withdraw WBGEL using Bank of Georgia, follow these steps:

  1. Go to the main page of the exchange and click on the “BalancesTotal” / “Main” button.

  1. Press “Withdraw” in the line opposite WBGEL.

  1. WBGEL withdrawal window will open in your browser. Select Bank of Georgia as the payment provider.

  1. Specify your IBAN (international bank account number) and the withdrawal amount (the available WBGEL amount on your balance will be displayed above). Activate the “Include fee in amount” slider and agree to the User Agreement. Make sure that all the data is correct and click on the “Continue” button.

Please note that you can only withdraw to bank accounts registered in your name. Information on fees and minimum/maximum withdrawal amounts is available by clicking on thebutton. 

The available daily limit for withdrawals via the Bank of Georgia payment system is displayed on the withdrawal page.

  1. After completing all the necessary steps, you have to confirm the withdrawal. You will receive an email with a confirmation code that will be valid for 180 seconds. In addition, if you have two-factor authentication (2FA) enabled, you will need to enter the code from the authenticator application you are using to confirm your withdrawal.

You can follow the status of the transaction in the “History” “Withdrawals” tab.

Please note that the timeframe for crediting withdrawals via Bank of Georgia is within 1 hour.

How to withdraw WBGEL from WhiteBIT Georgia using Bank of Georgia via mobile app?

Here are step-by-step instructions on how to do this in the app:

  1. Go to the “Wallet” tab. Choose “Total” or “Main” section.

  1. Find the asset by the WBGEL ticker and click on it. Or select the “Withdraw” option and select WBGEL from the list of assets.
  2. Choose the “Bank of Georgia” provider in the withdrawal form.

  1. Specify your IBAN (international bank account number) and the withdrawal amount (the available WBGEL amount on your balance will be displayed above). Activate the “Include fee in amount” slider and agree to the User Agreement. Make sure that all the data is correct and click on the “Continue” button.

Please note that you can only withdraw to bank accounts registered in your name. Information on fees and minimum/maximum withdrawal amounts is available by clicking on the button. 

The available daily limit for withdrawals via the Bank of Georgia payment system is displayed on the withdrawal page.

  1. After completing all the necessary steps, you have to confirm the withdrawal. You will receive an email with a confirmation code that will be valid for 180 seconds. In addition, if you have two-factor authentication (2FA) enabled, you will need to enter the code from the authenticator application you are using to confirm your withdrawal.

You can follow the status of the transaction in the “History” — “Withdrawal” tab.

Please note that the timeframe for crediting withdrawals via Bank of Georgia is within 1 hour.

Key Information:

  • Withdrawal limits: 60,000 WBGEL per day / 750,000 WBGEL per month.
  • IBAN withdrawals are available exclusively through Bank of Georgia and must be made to the user's personal account.
  • Withdrawal limits are updated daily at 00:00 UTC+4.
  • Limits are denominated in USDT, and the 60,000 USDT equivalent may fluctuate slightly.

Support

In case of any questions related to the functionality of our exchange, you can:

  • Leave a request on our website;
  • Write to the support email: support@whitebit.ge;
  • Write to the chat using the button in the lower right corner of the screen (in the upper right corner of the WhiteBIT Georgia app, click ).

Was this article helpful?

0 out of 0 found this helpful