How to Transfer Funds on BetBTC
Transfer Funds feature offers a mechanism for managing and reallocating your funds efficiently. Follow this detailed guide to transfer funds between your BTC and USDT balances or to other users within the BetBTC platform.
Step 1: Access the Transfer Interface
Log into your BetBTC account and click on the 'Wallet' tab in the main navigation menu. Select the ‘Transfer’ tab to access the interface where you can transfer your funds.
Step 2: Choose the Currency and Set Details
Toggle between 'Transfer BTC' or 'Transfer USDT' to choose the currency you wish to transfer.
Enter Principal and Amount:
Principal: This field refers to the unique address associated with your ICP network interactions. Select the principal to which funds will be transferred. You can get the principals from settings.
Transfer Amount: Enter the desired amount you want to transfer in the designated field, ensuring accuracy to prevent errors.
Step 3: Review Transaction Details
Review the subtotal of your transfer which includes the base amount and any applicable transfer fees.
Transfer Fee: Note the displayed fee, which reflects network conditions and transaction complexity on the ICP network. This fee helps process your transaction securely and efficiently on the blockchain.
Total Amount: Confirm the total amount, the sum of your transfer plus the fees, ensuring everything is correct before proceeding.
Step 4: Confirm and Execute the Transfer
Double-check all details, including the principal ID and amounts, to ensure everything is set correctly. Finalize the transaction by sliding the 'Slide to transfer' button.
The system processes your transfer, which may take a few minutes based on network activity.
You will receive a confirmation within the BetBTC platform confirming the transaction’s success. Revisit your wallet to see updated balances reflecting the completed transfer.
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