Your Guide:

How to Withdraw & Move Bitcoin from Bitget to a Cold Wallet

Move your bitcoin off Bitget safely with expert help from The Bitcoin Way.

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FAQs

Is it safe to leave bitcoin on Bitget?

Bitget is considered a secure exchange, but keeping your bitcoin on any centralized exchange means trusting them with your private keys. For long-term storage, especially for larger amounts of bitcoin, the safest approach is to self-custody using a cold wallet.

Can I transfer bitcoin from Bitget to any wallet?

Yes, you can transfer bitcoin from Bitget to any external wallet, including hardware wallets. Just make sure you copy and paste the correct receiving address into the Bitget withdrawal page. In particular, make sure you only send bitcoin to a valid on-chain Bitcoin address.

How long does it take to move bitcoin to a cold wallet?

The time it takes to move bitcoin from your Bitget account to a cold wallet is determined by the speed of the Bitcoin network. After Bitget processes and broadcasts your transaction (which takes a few minutes), the transfer then needs confirmations from miners, which typically takes between 10 and 60 minutes. During periods of high network congestion, this process can take longer. Once the funds appear in your wallet's pending balance, they are considered secure.

What’s the best cold wallet for bitcoin?

There are many cold wallet options on the market. The best ones are open-source and air-gapped. Open-source wallets can be reviewed by independent auditors, ensuring that there are no backdoors or hidden vulnerabilities. With an airgapped wallet, your private keys are kept completely offline, reducing exposure to online attacks and software vulnerabilities.

Why can't I withdraw bitcoin from Bitget?

The most common reasons why you can't withdraw bitcoin from Bitget include incomplete verification, security holds placed after logging in from a new device, or an internal risk review temporarily freezing withdrawals. The exchange might also pause withdrawals during wallet maintenance or network congestion, or because of a change of login credentials.

How do I cash out my bitcoin on Bitget?

The primary way to cash out from Bitget directly is to sell your bitcoin and then withdraw the fiat to a linked bank account. First, navigate to the trading section, and select the option to sell BTC. Once you have sold your BTC for fiat, you can then initiate a withdrawal into your bank. The time for the funds to reach your bank depends on your withdrawal method and region and can range from nearly instant to several business days.

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