Bitfinex Withdrawals

Contents

• Convert Funds to Fiat and Wire Them to Your Bank
  • Step 1: Convert Your Funds to Withdrawable Fiat
  • Step 2: Choose a Withdrawal Method
  • Step 3: Submit a Bank Wire Withdrawal
• FAQ
• Get a Crypto Card
  • RedotPay
  • Bybit Card
  • Pionex Card
• Official References
• Risk Disclosure

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There are two main ways to use the earnings you make from lending on Bitfinex: convert them back to fiat and wire them to your own bank account, or get a crypto card and spend them directly.

Convert Funds to Fiat and Wire Them to Your Bank

Path: Bitfinex (Funding Wallet) → Exchange Wallet (convert to USD/EUR) → bank wire → a bank account in your own name

Step 1: Convert Your Funds to Withdrawable Fiat

Bitfinex bank wire withdrawals support USD, EUR and GBP.

1. Make sure the funds you want to withdraw are not tied up in active loans. Turn off the Automated Lending switch in FalconLend and wait for your open loans to expire.
2. Transfer the funds from the Funding Wallet to the Exchange Wallet. See Bitfinex Wallets Explained.
3. If you hold USDT, swap it in the Exchange Wallet for the fiat currency you want to withdraw (USD or EUR).

Step 2: Choose a Withdrawal Method

	OpenPayd	Bitfinex regular wire	Bitfinex express wire
Verification level	EUR/GBP: Intermediate or above; USD: Full	Full	Full
Fee	EUR: €5 per transaction (0.1% above 10,000 EUR); USD: 0.1%, minimum 30 USD	0.1%, minimum 100 USD/EUR	1%, minimum 125 USD/EUR
Minimum withdrawal	EUR: €25; USD: 10,000 USD	10,000 USD/EUR	10,000 USD/EUR
Processing time	EUR: about 1 business day; USD: about 24 hours on business days	Sent by Bitfinex within 5–10 business days	Sent within 1 business day

• Users in Europe withdrawing EUR: choose OpenPayd first. It has lower requirements, lower fees and faster processing.
• OpenPayd’s USD service is limited to the European Economic Area (EEA) and a few other countries such as Switzerland and Norway. The United States, the United Kingdom, Japan and China are not supported. For the full list, check the Bitfinex withdrawal page.
• Users elsewhere: use a Bitfinex regular wire, and tick express wire if you are in a hurry.
• Arrival time also depends on your bank and any intermediary banks. In practice, a regular wire takes about 7 business days and can take up to 15 business days (including AML/KYC checks).

Step 3: Submit a Bank Wire Withdrawal

1. Make sure your account has the required verification level. The receiving bank account must be in your own name and match the one you provided during verification. For a new bank account, upload a recent bank statement first under Verification > Bank Accounts.
2. Go to Wallet > Withdrawals > Bank transfer.
3. Select the currency, the wallet to withdraw from and the amount, then choose the processor (OpenPayd or Manual).
   • If you have no available funds, the withdrawal option cannot be selected.
   • For a Bitfinex wire, you can tick Express wire at the bottom to switch to an express wire.
4. Enter the receiving bank’s details (bank name, SWIFT/BIC, account number or IBAN, and so on). If your bank requires an intermediary bank, include its details as well. You can save the details as a new recipient so you don’t have to re-enter them next time.
5. Enter your Google Authenticator two-factor code to confirm the withdrawal.

⚠️ Incorrect details can cause delays, returned wires and extra bank charges. If a wire is returned because of a customer error, Bitfinex charges an additional 25 USD handling fee. Check beforehand that your bank account can receive the currency, and double-check every detail.

FAQ

How long until the funds arrive?

Bitfinex sends a regular wire within 5–10 business days and an express wire within 1 business day. Actual arrival depends on your bank’s processing. With OpenPayd, EUR takes about 1 business day and USD about 24 hours on business days.

Why was my withdrawal delayed?

The process goes through Bitfinex’s internal risk checks, the payment processor, intermediary banks and your own bank. Any stage can cause a delay, and most are outside Bitfinex’s control.

Get a Crypto Card

RedotPay

• Website: Sign up for RedotPay
• About: A Hong Kong-based Web3 fintech company that bridges crypto and everyday physical payments.
• Features: Runs on the Visa network and offers both virtual and physical cards. You can deposit assets such as USDT, USDC, BTC and ETH directly, and the system converts them to local currency in real time when you pay. It supports Apple Pay and Google Pay, and offers options such as spending against crypto collateral, making it widely used for everyday contactless payments and overseas online shopping.
• Best for: Users who want the broadest, easiest everyday spending

Bybit Card

• Website: Sign up for Bybit
• About: A native payment card from Bybit, a global crypto derivatives and spot exchange.
• Features: Partners with Mastercard or Visa depending on region and integrates deeply with your Bybit trading account. The card spends your spot balance directly (such as USDT, BTC and ETH), with no manual withdrawal transfer. It also offers trading cashback and VIP-tier rewards, which suits high-frequency traders who already trade spot or contracts on Bybit.
• Best for: Active contract/spot traders who value card rewards

Pionex Card

• Website: Sign up for Pionex
• About: A card from Pionex, the Singapore exchange known for its quantitative grid trading bots.
• Features: Runs on the Visa network and promotes “never-idle funds.” Stablecoins (such as USDT) you deposit into the dedicated account can earn flexible yield while you spend, combining asset growth with instant payments. It suits users who prefer passive income and hold mostly stablecoins.
• Best for: Users who want stablecoins earning interest while they spend

Official References

• How to make a Bank Wire Withdrawal at Bitfinex
• Wire deposit and withdrawal with OpenPayd on Bitfinex
• Fiat on Bitfinex — Frequently Asked Questions (FAQ)

Risk Disclosure

This page is compiled from Bitfinex’s official documentation. Fees, limits and supported countries may change at any time, so always check the Bitfinex withdrawal page and official announcements. Bank wires and third-party platform services are managed by their respective providers, and their processes and risk controls follow each provider’s own rules. FalconLend does not guarantee any service. Please do your own research (DYOR).