This guide provides a step-by-step walkthrough of withdrawing funds from BitoPro exchange, covering both New Taiwan Dollar (TWD) and cryptocurrency methods. Learn about fees, processing times, and expert tips to streamline your withdrawals securely.
BitoPro Withdrawal Methods Overview
| Withdrawal Type | Description |
|---|---|
| Crypto Withdrawal | Transfer cryptocurrencies via blockchain networks to external wallets/exchanges. |
| TWD Withdrawal | Withdraw Taiwanese Dollars to your linked bank account. |
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BitoPro Withdrawal Limits
Before withdrawing, users must complete KYC Level 2 verification. Daily withdrawal limits for major assets:
| Asset | Per Transaction | Daily Limit | Monthly Limit |
|---|---|---|---|
| USDT | 300,000 TWD | 500,000 TWD | - |
| TWD | 1,000,000 TWD | 2,000,000 TWD | 5,000,000 TWD |
For updated limits, refer to BitoPro's official fee page.
Method 1: Crypto Withdrawal (USDT to External Wallet)
Step-by-Step Process:
Obtain Destination Address
- In your target wallet/exchange (e.g., Binance):
Navigate to [Wallet] β [Deposit] β [USDT] β Select network β Copy address
- In your target wallet/exchange (e.g., Binance):
Initiate Withdrawal on BitoPro
- In BitoPro APP:
Go to [Assets] β [Withdraw] β Select USDT & matching network β Paste address β Enter amount
- In BitoPro APP:
Processing Time: 5-10 minutes (confirmations vary by network).
Method 2: Crypto-to-TWD Withdrawal (Exchange to Bank Account)
Conversion Flow:
Deposit Crypto to BitoPro
- Get deposit address:
BitoPro APP β [Assets] β [Deposit] β Select coin/network β Copy address
- Get deposit address:
Send from External Wallet
- Example (Binance):
[Wallet] β [Withdraw] β Paste BitoPro address β Match network β Confirm
- Example (Binance):
Sell Crypto for TWD
- Trade USDT/TWD pair via market order.
Withdraw TWD to Bank
- [Account] β [Withdraw TWD] β Enter amount β Submit
Processing Time: 1-2 business days for bank transfers.
BitoPro Withdrawal Fees Breakdown
Crypto Withdrawal Fees (USDT Examples)
| Network | Fee |
|---|---|
| ERC-20 | 4 USDT |
| TRC-20 | 1.5 USDT |
| BEP-20 | 0.1 USDT |
| Polygon | 0.1 USDT |
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TWD Withdrawal Fees
- Bank transfer fee: 30 TWD per transaction
Trading fees:
- Maker (limit orders): 0.1%
- Taker (market orders): 0.2%
20% discount when paying with BITO tokens
Processing Times & Tax Considerations
- Crypto withdrawals: 5-10 minutes (network dependent)
TWD withdrawals:
- Submitted before 1 PM (business days): Same-day by 3:30 PM
- After 1 PM/weekends: Next business day
Tax Note: TWD withdrawals count as taxable income. Calculate as:
(Withdrawal amount - Original purchase cost) + Other income = Taxable amount
FAQs: BitoPro Withdrawals
1. Is BitoPro safe for withdrawals?
BitoPro is a licensed Taiwanese exchange with robust security measures, including cold storage and KYC verification.
2. How to minimize withdrawal fees?
- Use low-fee networks (BEP-20/Polygon)
- Pay fees with BITO tokens for 20% discount
- Bundle larger withdrawals
3. Why is my withdrawal delayed?
- High network congestion (crypto)
- Bank processing times (TWD)
- Incomplete KYC verification
4. Can I cancel a withdrawal?
Crypto withdrawals are irreversible once initiated. TWD withdrawals may be canceled if processed before bank confirmation.
5. Whatβs the minimum withdrawal amount?
No minimum for crypto. TWD withdrawals must cover the 30 TWD bank fee.
6. Are there alternatives to BitoPro?
Yes, consider exchanges like OKX or Binance for international transactions.
About BitoPro Exchange
Founded in 2018 under Taiwan's BitoGroup (established 2014), BitoPro offers:
- Taiwan Dollar on/off-ramping
- 4-9% APY on stablecoin deposits
- Partnership with FamilyMart for crypto purchases
Disclaimer: Cryptocurrency investments carry high risk. This guide does not constitute financial advice.
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