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How to Transfer Crypto from Independent Reserve Australia to BTCC
Swen Keller
- Last Updated 9 September, 2024
Looking to explore other crypto exchanges? Transferring your digital assets from Independent Reserve platform to the BTCC exchange can open up fresh trading opportunities.
Whether you’re looking to gain exposure to a wider range of trading pairs, get competitive trading fees, or access advanced products like leveraged crypto futures trading, understanding how to transfer between exchanges is crucial.
Our step-by-step guide will walk you through a smooth and secure transfer. Let’s get started!
What is BTCC?
BTCC is an advanced crypto trading platform that offers users spot trading and futures trading features on over 300 crypto pairs. Users can also buy Bitcoin and other assets on the platform using credit/debit cards.
That said, the cryptocurrency exchange was founded in 2011 and has an average 24-hour trading volume of over USD 60 million. It currently hosts 2.8 million active traders and has $7.48 billion in 24-hour open interest. BTCC stands out for having one of the lowest trading fees in the industry.
Why Send Crypto to BTCC from Independent Reserve Australia?
BTCC is an excellent choice to send your assets’ to from Independent Reserve if you’re looking for reliable and trustworthy cryptocurrency exchanges. The digital asset and Bitcoin exchange is one of the longest-serving crypto trading platforms catering to retail users and has never experienced a security breach since its launch in 2011.
It offers top-tier security measures such as multi-signature cold storage wallets, segregated 1:1 storage of retail users’ funds, two-factor authentication, SSL encryption, and much more.
That said, BTCC isn’t just a secure crypto exchange, the platform supports leveraged trading with up to 50x on over 300 cryptocurrency futures and up to 250x on BTC, ETH, SOL, XRP, and DOGE. It also features copy trading, tokenized futures (commodities like gold, silver, and stocks), exciting VIP benefits like fee discounts, non-expiring demo trading, and more.
Plus, BTCC offers features like negative balance protection and AUD fiat currency support for users who want to buy Bitcoin and altcoins using local currency. For crypto deposits, BTCC supports 200+ coins and a convert feature to swap them to USDT. New users are also eligible for a 10,055 USDT reward for joining.
How To Open a BTCC Account
There are 2 ways to open a BTCC account so you can send your crypto from Independent Reserve to the exchange: mobile number/email address or third-party sign-ins with Facebook, Google, MetaMask wallet, or your Apple ID. Choose the option that is most convenient for you.
That said, for this article, we will use the email address/mobile number option to create the BTCC account.
To do so, go to BTCC.
Next, click on the blue Register button at the upper right corner of your screen.
On the registration page that opens, you’ll see an option to enter your email address or use your phone number. Leave it on the email address tab and enter it.
Next, create your password according to BTCC’s requirements.
Once that’s done, click on the Register Now button. Note, that you can enter a referral code (if you have one) for deposit fees/trading fee discounts before continuing.
The BTCC exchange will send a verification code to your registered email address.
Go to your email address and copy the verification code sent then paste it on the relevant field on the BTCC website.
Now your BTCC account is ready.
How to Transfer Crypto from Independent Reserve Australia to the BTCC Exchange?
To transfer your digital currencies from Independent Reserve to BTCC you need to have a verified account (email, phone number, and identity verification) on Independent Reverse. You also need to copy your deposit wallet address from BTCC.
Step 1
Go to BTCC and log into your account. Next, tap on the Deposit button at the upper right corner of your screen.
Step 2
On the popup sidebar that displays, tap on the Crypto Deposit button below P2P trading.
Step 3
Choose the digital currency you want to receive from Independent Reserve. In our case, we will use Bitcoin. So select Bitcoin as the cryptocurrency, then Bitcoin network, and the amount of Bitcoin you want to receive.
After that, you can then copy the deposit address of your BTCC Bitcoin wallet located at the upper right side of your screen.
Step 4
Go to your Independent Reserve account and log in. Next, on your dashboard, scroll down to available cryptocurrencies and look for Bitcoin. Beside it, you’ll see 2 buttons Deposit and Withdraw. Click on the Withdraw button and follow the on-screen prompts.
Next, go Tax & Reports then Transaction History to see your withdrawal status.
Independent Reserve will require you to input your two-factor authentication or password to approve the transaction.
After a successful withdrawal, you will see your crypto assets deposited into your BTCC account. From there, you can start crypto trading on the BTCC platform.
To see your funds, tap Assets twice.
Click on Wallet and then choose the crypto you sent (BTC) to see your deposit.
Conclusion
As you can see, transferring crypto from Independent Reserve to BTCC is easy and can be done in a couple of minutes. Once your funds arrive on BTCC from Independent Reserve you can participate in futures crypto trading with leverage of up to 250x, spot trading, and copy trading.
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