Is it possible to transfer BTCs from one exchange to another exchange wallet

roadbits

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Quote from: SirLancelot on August 01, 2017, 08:27:44 AM

Quote from: virtualkeybuyer on August 01, 2017, 08:23:34 AM

Actually different exchanges have different number of confirmation to be completed in order to show the transaction be completed that is why in one you will see complete for a particular number of transactions while in other you will see in process.

Still some exchanges are not instant enough to get updated about the confirmation info so that they will credit the deposit into account balances. I have faced such problems with c-cex.
They require only 2 confirmation for bitcoin depsoits still some times they take more time to clear the pending deposit lists. In between time if you check up to 5 or 6 confirmation also might have happened.

Yes it depends upon the site. According to OP bittrex take 6 to 7 confirmation to deposit bitcoins. And if you see your bitcoins in pending section then don't worry it will come to your wallet but it takes time. There only you see how many confirmations need to deposit. But now it is hard to do bitcoins transaction from one site another site because of a hard fork.

SirLancelot

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Quote from: virtualkeybuyer on August 01, 2017, 08:23:34 AM

Actually different exchanges have different number of confirmation to be completed in order to show the transaction be completed that is why in one you will see complete for a particular number of transactions while in other you will see in process.

Still some exchanges are not instant enough to get updated about the confirmation info so that they will credit the deposit into account balances. I have faced such problems with c-cex.
They require only 2 confirmation for bitcoin depsoits still some times they take more time to clear the pending deposit lists. In between time if you check up to 5 or 6 confirmation also might have happened.

virtualkeybuyer

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Actually different exchanges have different number of confirmation to be completed in order to show the transaction be completed that is why in one you will see complete for a particular number of transactions while in other you will see in process.

daffaco

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if an exchanger receiving bitcoin by telling you to send to their address, the thing work just like using ordinary address, but you don't have the privkey, that's the main point here.

ekoice

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Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

Its quite normal.There is no problem in sending bitcoins from on exchange wallet to another exchange's wallet.What you need is a valid btc address and no one bothers whether it is a exchange wallet address or a dsktop btc wallet address.It would normally take five to ten minutes to get confirmed.Since transaction fee problem has been almost solved now,it would even get confirmed soon.

HasHe

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Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

Yes there would be no problem in getting confirmed.I have already sent btc many times from poloniex to Bittrex and vice versa.The btc address you mention should be correct and no one bothers whether it is exchange address or wallet's address.

Bagaji

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In addition to what some of my colleague's here has contributed. It is possible to make a transfer from one exchanger to another exchanger. I transfer recently from bittrex to poloniex and it was successful in less than 15 minutes.

ubitcoin

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Quote from: tigershark on July 01, 2017, 10:15:27 AM

Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

I transfer this way all the time and it works fine. You just have to wait for the confirmations to complete for the funds to be available.

Just make sure you have the correct wallet address each time. Otherwise you will lose you coins and can't get them back.

This is how most of the people transfer their coins from one exchange to the other exchange and it is the right way to do. If you think the other exchange is more beneficial for you and their services are better than the one you are using, then you are on the right track and there is nothing wrong in it. Only vigilance is required from transferring one wallet to the other.

Ragmer

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Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

So on Poloniex, your request of withdrawal is completed, Bitcoin has been sent out but on Blockchain, your transaction from Poloniex is not confirmed yet so that it make your Deposit status is still pending.

That's normal.

amaral1977

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For the op question . YES. Withdraw from one exchange and deposit on another. As for the non payment on Polo all i know is that service and support suffered a lot with increased demand and the service was really bad but they are alowing withdraws. Just take notice of the currencies that are curently disable for deposit withdrwal.

Ewinsane

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Quote from: brobbel on July 01, 2017, 12:37:42 PM

Quote from: Kendji on July 01, 2017, 12:35:39 PM

I heard Poloniex is not paying anymore

I heard that you don't have to believe every rumour that you hear. Or better:nonsens.

One must use his mind in taking the right decision towards the financial matters and especially to those which affect your life and lifestyle. Sometimes we hear of many things but not everything you listened shall be believed.
Currently most of the people are withdrawing their holdings from the Poloinex because of their attitude towards the segwit. So, better to use mind instead of believing on what others say.

Ayiranorea

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This is quite a common thing. If this service is not available then how come trading serve to be the effective way of making money. If you find some exchnages without these accessibility never use it, because they try to keep hold of your funds and might scam you.

Cosbycoin

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Quote from: Blackdeath on June 30, 2017, 10:58:56 PM

Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

It's normal. Perhaps the confirmation in bittrex isn't yet confirmed though it's already confirmed in Poloniex. You just need to wait for the confirmation and the status will be confirmed in bittrex's side.

Yeah I agree this is a normal activity and commonly followed by many of the traders for the sake of securing their wallet. The only thing that you need in this regard is to be patient because the confirmation time sometime is more than the time we expect it to confirm. This is not a big deal if you want to switch from one exchange to another you can easily do it.

brobbel

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Quote from: Kendji on July 01, 2017, 12:35:39 PM

I heard Poloniex is not paying anymore

I heard that you don't have to believe every rumour that you hear. Or better:nonsens.

Kendji

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Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

I heard Poloniex is not paying anymore

MRlong

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Quote from: Singwala on July 01, 2017, 11:41:29 AM

I do this one time on CC-ex and Bitttex and it work however some if my friends tell me if I do this again my account will be banned because of using this arbitrage.

Why? I not see a TOS in CC-ex say they will banned user try withdraw BTC to exchange wallet, maybe your friend have misstake in reading the TOS of CC-ex, not have exchange site prohibited user send BTC to other exchange site, just China in past time have prohibited withdraw BTC from exchange site to anywhere, just can sell it to CNY

Singwala

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I do this one time on CC-ex and Bitttex and it work however some if my friends tell me if I do this again my account will be banned because of using this arbitrage.

tigershark

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Quote from: hamdam on June 17, 2017, 05:28:14 PM

So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

I transfer this way all the time and it works fine. You just have to wait for the confirmations to complete for the funds to be available.

Just make sure you have the correct wallet address each time. Otherwise you will lose you coins and can't get them back.

gabmen

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Quote from: Nicol3 on July 01, 2017, 02:40:17 AM

Yes it's normal and yes it'll work, that's what I did from my Poloniex account and transferred my funds to my Bittrex account, was having doubts with Poloniex trading site so I decided to transfer it to Bittrex. Though sometimes it takes some time for it to transfer but it'll work, you just have to wait.

Most, if not all, traders do that. It's pretty basic to transfer from one exchange wallet to another especially if you're thinking that it's not safe anymore or if you're the kind that buys cheaper coins from one exchanhe and sells it for more in another exchange. I constantly transfer btc from polo to yobit to bittrex and previously to crypropia.

Nicol3

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Yes it's normal and yes it'll work, that's what I did from my Poloniex account and transferred my funds to my Bittrex account, was having doubts with Poloniex trading site so I decided to transfer it to Bittrex. Though sometimes it takes some time for it to transfer but it'll work, you just have to wait.

Topic: Is it possible to transfer BTCs from one exchange to another exchange wallet (Read 2089 times)