How to Withdraw and make a Deposit on BloFin

Efficiently managing deposits and withdrawals on BloFin is integral to a seamless cryptocurrency trading experience. This guide outlines the precise steps to execute secure and timely transactions on the platform.
How to Withdraw and make a Deposit on BloFin

How to Withdraw from BloFin

How to Withdraw Crypto on BloFin

Withdraw Crypto on BloFin (Website)

1. Log in to your BloFin website, click on [Assets] and select [Spot].
How to Withdraw and make a Deposit on BloFin

2. Click on [Withdraw] to continue.
How to Withdraw and make a Deposit on BloFin
3. Select the coin you want to withdraw. 
How to Withdraw and make a Deposit on BloFin
  • Please select the withdrawal network from the provided options. Note that the system typically matches the network for the selected address automatically. If multiple networks are available, ensure that the withdrawal network matches the deposit network in other exchanges or wallets to prevent any losses.

  • Fill in your withdrawal [Address] and verify that the network you’ve chosen corresponds to your withdrawal address on the deposit platform.

  • When specifying the withdrawal amount, ensure it exceeds the minimum amount but does not exceed the limit based on your verification level.

  • Please note that the network fee can vary between networks and is determined by the blockchain.
     

4. Complete the 2FA verification and click [Submit]. Your withdrawal order will be submitted.
How to Withdraw and make a Deposit on BloFin
  • Please be aware that after submitting your withdrawal request, it will undergo review by the system. This process may take some time, so we kindly ask for your patience while the system processes your request.

Withdraw Crypto on BloFin (App)

1. Open and log in to the BloFin App, tap on [Wallet] - [Funding] - [Withdraw]
How to Withdraw and make a Deposit on BloFin
How to Withdraw and make a Deposit on BloFin
How to Withdraw and make a Deposit on BloFin

2. Select the coin you want to withdraw.
How to Withdraw and make a Deposit on BloFin
  • Please select the withdrawal network from the provided options. Note that the system typically matches the network for the selected address automatically. If multiple networks are available, ensure that the withdrawal network matches the deposit network in other exchanges or wallets to prevent any losses.

  • Fill in your withdrawal [Address] and verify that the network you’ve chosen corresponds to your withdrawal address on the deposit platform.

  • When specifying the withdrawal amount, ensure it exceeds the minimum amount but does not exceed the limit based on your verification level.

  • Please note that the network fee can vary between networks and is determined by the blockchain.


3. Complete the Security verification and tap on [Submit]. Your withdrawal order will be submitted.
  • Please be aware that after submitting your withdrawal request, it will undergo review by the system. This process may take some time, so we kindly ask for your patience while the system processes your request.
How to Withdraw and make a Deposit on BloFin

How Much Are The Withdrawal Fees?

Please be advised that withdrawal fees are subject to variation based on blockchain conditions. To access information regarding withdrawal fees, please navigate to the [Wallet] page on the mobile application or the [Assets] menu on the website.

From there, select [Funding], proceed to [Withdraw], and choose the desired [Coin] and [Network]. This will allow you to view the withdrawal fee directly on the page.

Web
How to Withdraw and make a Deposit on BloFin
How to Withdraw and make a Deposit on BloFin
App
How to Withdraw and make a Deposit on BloFin
How to Withdraw and make a Deposit on BloFin
Why do you need to pay for the fee?


Withdrawal fees are paid to blockchain miners or validators who verify and process transactions. This ensures transaction processing and network integrity.

Frequently Asked Questions (FAQ)

Why hasn’t my withdrawal arrived?

Transferring funds involves the following steps:

  • Withdrawal transaction initiated by BloFin.
  • Confirmation of the blockchain network.
  • Depositing on the corresponding platform.

Normally, a TxID (transaction ID) will be generated within 30–60 minutes, indicating that our platform has successfully completed the withdrawal operation and that the transactions are pending on the blockchain.

However, it might still take some time for a particular transaction to be confirmed by the blockchain and, later, by the corresponding platform.

Due to possible network congestion, there might be a significant delay in processing your transaction. You may use the transaction ID (TxID) to look up the status of the transfer with a blockchain explorer.

  • If the blockchain explorer shows that the transaction is unconfirmed, please wait for the process to be completed.
  • If the blockchain explorer shows that the transaction is already confirmed, it means that your funds have been sent out successfully from BloFin, and we are unable to provide any further assistance on this matter. You will need to contact the owner or support team of the target address and seek further assistance.


Important Guidelines for Cryptocurrency Withdrawals on BloFin Platform

  1. For crypto that support multiple chains such as USDT, please make sure to choose the corresponding network when making withdrawal requests.
  2. If the withdrawal crypto requires a MEMO, please make sure to copy the correct MEMO from the receiving platform and enter it accurately. Otherwise, the assets may be lost after the withdrawal.
  3. After entering the address, if the page indicates that the address is invalid, please check the address or contact our online customer service for further assistance.
  4. Withdrawal fees vary for each crypto and can be viewed after selecting the crypto on the withdrawal page.
  5. You can see the minimum withdrawal amount and withdrawal fees for the corresponding crypto on the withdrawal page.


How do I check the transaction status on the blockchain?

1. Log in to your Gate.io, click on [Assets], and select [History].
How to Withdraw and make a Deposit on BloFin
2. Here, you can view your transaction status.
How to Withdraw and make a Deposit on BloFin


Is There A Minimum Withdrawal Limit Required For Each Crypto?

Each cryptocurrency has a minimum withdrawal requirement. If the withdrawal amount falls below this minimum, it will not be processed. For BloFin, please ensure that your withdrawal meets or exceeds the minimum amount specified on our Withdraw page.
How to Withdraw and make a Deposit on BloFin
Is there a withdrawal limit?

Yes, there is a withdrawal limit based on the level of KYC (Know Your Customer) completion:

  • Without KYC: 20,000 USDT withdrawal limit within a 24-hour period.
  • L1 (Level 1): 1,000,000 USDT withdrawal limit within a 24-hour period.
  • L2 (Level 2): 2,000,000 USDT withdrawal limit within a 24-hour period.

How to make a Deposit on BloFin

How to Buy Crypto on BloFin

Buy Crypto on BloFin (Website)

1. Open the BloFin website and click on [Buy Crypto].
How to Withdraw and make a Deposit on BloFin
2. At the [Buy Crypto] transaction page, choose the fiat currency and enter the amount you will pay
How to Withdraw and make a Deposit on BloFin
3. Select your payment gateway and click [Buy now]. Here, we’re using MasterCard as an example.
How to Withdraw and make a Deposit on BloFin
4. On the [Confirm order] page, carefully double-check the order details, read and tick the disclaimer, and then click [Pay].
How to Withdraw and make a Deposit on BloFin
5. You will be guided to Alchemy to complete the payment and personal information.

Please fill in the information as required and click on [Confirm].
How to Withdraw and make a Deposit on BloFin
How to Withdraw and make a Deposit on BloFin

Buy Crypto on BloFin (App)

1. Open your BloFin app and tap on [Buy Crypto].
How to Withdraw and make a Deposit on BloFin

2. Choose the fiat currency, enter the amount you will pay, and click [Buy USDT].
How to Withdraw and make a Deposit on BloFin
How to Withdraw and make a Deposit on BloFin
3. Choose the payment method and tap [Buy USDT] to continue.
How to Withdraw and make a Deposit on BloFin
4. On the [Confirm Order] page, carefully double-check the order details, read and tick the disclaimer, and then click [Buy USDT].
How to Withdraw and make a Deposit on BloFin
5. You will be redirected to Simplex to finalize the payment and provide personal information, then verify the details. Fill in the required information as instructed and click on [Next].

If you have already completed verification with Simplex, you can skip the following steps.
How to Withdraw and make a Deposit on BloFin

6. Once verification is done, click [Pay Now]. Your transaction is complete.
How to Withdraw and make a Deposit on BloFin

How to Deposit Crypto on BloFin

Deposit Crypto on BloFin (Website)

1. Log in to your BloFin account, click on [Assets], and select [Spot].
How to Withdraw and make a Deposit on BloFin

2. Click on [Deposit] to continue.

Note:
  1. When clicking on the fields under Coin and Network, you can search for the preferred Coin and Network.

  2. When choosing the network, ensure it matches the withdrawal platform’s network. For example, if you choose the TRC20 network on BloFin, select the TRC20 network on the withdrawal platform. Selecting the wrong network may result in fund loss.

  3. Before depositing, check the token contract address. Ensure it matches the supported token contract address on BloFin; otherwise, your assets may be lost.

  4. Be aware that there is a minimum deposit requirement for each token in different networks. Deposits below the minimum amount won’t be credited and cannot be returned.

How to Withdraw and make a Deposit on BloFin
3. Select the cryptocurrency that you want to deposit. Here, we’re using USDT as an example.
How to Withdraw and make a Deposit on BloFin
4. Choose your network and click the copy button or scan the QR code to obtain the deposit address. Paste this address into the withdrawal address field on the withdrawal platform.

Follow the provided instructions on the withdrawal platform to initiate the withdrawal request.
How to Withdraw and make a Deposit on BloFin
5. After that, you can find your recent deposit records in the [History] - [Deposit]
How to Withdraw and make a Deposit on BloFin

Deposit Crypto on BloFin (App)

1. Open the BloFin app and tap on [Wallet].
How to Withdraw and make a Deposit on BloFin

2. Tap on [Deposit] to continue.

Note:

  1. When clicking on the fields under Coin and Network, you can search for the preferred Coin and Network.

  2. When choosing the network, ensure it matches the withdrawal platform’s network. For example, if you choose the TRC20 network on BloFin, select the TRC20 network on the withdrawal platform. Selecting the wrong network may result in fund losses.

  3. Before depositing, check the token contract address. Ensure it matches the supported token contract address on BloFin; otherwise, your assets may be lost.

  4. Be aware that there is a minimum deposit requirement for each token on different networks. Deposits below the minimum amount won’t be credited and cannot be returned.

How to Withdraw and make a Deposit on BloFin
3. Upon being redirected to the next page, choose the cryptocurrency you want to deposit. In this example, we are using USDT-TRC20. Once you’ve selected a network, the deposit address and QR code will be displayed.
How to Withdraw and make a Deposit on BloFin
4. After initiating the withdrawal request, the token deposit needs to be confirmed by the block. Once confirmed, the deposit will be credited to your Funding account.

Please view the credited amount in your [Overview] or [Funding] account. You may also click on the records icon in the top right corner of the Deposit page to view your deposit history.
How to Withdraw and make a Deposit on BloFin

Frequently Asked Questions (FAQ)

What is a tag or meme, and why do I need to enter it when depositing crypto?

A tag or memo is a unique identifier assigned to each account for identifying a deposit and crediting the appropriate account. When depositing certain crypto, such as BNB, XEM, XLM, XRP, KAVA, ATOM, BAND, EOS, etc., you need to enter the respective tag or memo for it to be successfully credited.
 

How to check my transaction history?

1. Log in to your BloFin account, click on [Assets], and select [History].
How to Withdraw and make a Deposit on BloFin
2. You can check the status of your deposit or withdrawal here.
How to Withdraw and make a Deposit on BloFin

Reasons for Uncredited Deposits

1. Insufficient number of block confirmations for a normal deposit

Under normal circumstances, each crypto requires a certain number of block confirmations before the transfer amount can be deposited into your BloFin account. To check the required number of block confirmations, please go to the deposit page of the corresponding crypto.

2. Making a deposit of an unlisted crypto

Please ensure that the cryptocurrency you intend to deposit on the BloFin platform matches the supported cryptocurrencies. Verify the full name of the crypto or its contract address to prevent any discrepancies. If inconsistencies are detected, the deposit may not be credited to your account. In such cases, submit a Wrong Deposit Recovery Application for assistance from the technical team in processing the return.

3. Depositing through an unsupported smart contract method

At present, some cryptocurrencies cannot be deposited on the BloFin platform using the smart contract method. Deposits made through smart contracts will not reflect in your BloFin account. As certain smart contract transfers necessitate manual processing, please promptly reach out to online customer service to submit your request for assistance.

4. Depositing to an incorrect crypto address or selecting the wrong deposit network

Ensure that you have accurately entered the deposit address and selected the correct deposit network before initiating the deposit. Failure to do so may result in the assets not being credited.
 

Is There A Minimum Or Maximum Amount For Deposit?

Minimum deposit requirement: Each cryptocurrency imposes a minimum deposit amount. Deposits below this minimum threshold will not be accepted. Please refer to the following list for the minimum deposit amounts of each token:

Crypto Blockchain Network Minimum Deposit Amount 
USDT TRC20 1 USDT
ERC20 5 USDT
BEP20 1 USDT
Polygon 1 USDT
AVAX C-Chain 1 USDT
Solana 1 USDT
BTC Bitcoin 0.0005 BTC
BEP20 0.0005 BTC
ETH ERC20 0.005 ETH
BEP20 0.003 ETH
BNB BEP20 0.009 BNB
SOL Solana 0.01 SOL
XRP Ripple (XRP) 10 XRP
ADA BEP20 5 ADA
DOGE BEP20 10 DOGE
AVAX AVAX C-Chain 0.1 AVAX
TRX BEP20 10 TRX
TRC20 10 TRX
LINK ERC20 1 LINK
BEP20 1 LINK
MATIC Polygon 1 MATIC
DOT ERC20 2 DOT
SHIB ERC20 500,000 SHIB
BEP20 200,000 SHIB
LTC BEP20 0.01 LTC
BCH BEP20 0.005 BCH
ATOM BEP20 0.5 ATOM
UNI ERC20 3 UNI
BEP20 1 UNI
ETC BEP20 0.05 ETC

Note: Please ensure that you adhere to the minimum deposit amount specified on our deposit page for BloFin. Failure to meet this requirement will result in your deposit being declined.
How to Withdraw and make a Deposit on BloFin

Maximum Deposit Limit

Is there a maximum amount limit for deposit?

No, there is no maximum amount limit for deposit. But, please pay attention there is a limit for 24h withdrawal which is depending on your KYC.