How to withdraw Bitcoin BTC to Raiffeisen: instructions and timing

IXIDE allows you to exchange Bitcoin BTC to Raiffeisen RUB and receive RUB using the bank details specified in your order. Before creating an order, the exchange form displays the current rate, available reserve, minimum amount, and maximum amount for the selected direction.

To start the exchange, select Bitcoin BTC → Raiffeisen RUB in the form. Enter the amount of BTC you want to send, your contact information, and the required payout details. Before confirming the order, carefully check all entered information and the final amount you are expected to receive.

After the order is created, IXIDE will provide a Bitcoin address for the transfer along with further instructions. Send cryptocurrency only to the address displayed in the current order. Do not use addresses from previous exchanges, as payment details may differ between orders.

When sending funds, make sure you are transferring Bitcoin BTC via the Bitcoin network. Before confirming the transaction, check the recipient address and the amount once again. Bitcoin transactions are irreversible, so an incorrect address may result in loss of funds.

After BTC is sent, the transaction must receive the required number of confirmations on the Bitcoin network. Confirmation speed depends on current blockchain activity and the network fee selected when sending the transaction.

Once the required confirmations are received, the order proceeds to processing. The RUB payout is then sent using the Raiffeisen details provided when the exchange order was created.

The actual payout amount is calculated by the exchange form based on the current rate for the selected direction. Before creating an order, check the final calculation, available reserve, and applicable limits.

If the exchange rate is fixed for a limited period, the BTC transfer should be completed within the time specified in the order. In case of a significant delay or changes in market conditions, the final amount may be recalculated according to the service rules.

IXIDE applies AML/KYC procedures. For certain transactions, additional verification of the transaction, source of funds, or user identity may be required. The applicable verification terms are published in the AML/KYC Policy.

Keep your order number and Bitcoin transaction ID (TXID) until the exchange is fully completed. This information can help identify and check the transaction faster if additional clarification is required.

Check Bitcoin BTC → Raiffeisen rate

How long does it take to exchange Bitcoin to Raiffeisen?

The processing time mainly depends on how quickly the Bitcoin transaction receives the required network confirmations and on the subsequent processing of the order. During periods of high network activity, confirmations may take longer.

When will I know the payout amount?

The calculation is displayed in the exchange form before the order is created. Check the current exchange rate, expected payout amount, and limits before sending BTC.

What should I do if BTC has already been sent but the order is still waiting for confirmation?

Check the Bitcoin transaction using its TXID. If the required number of confirmations has not yet been reached, the order may remain pending until the network confirms the transfer.

Can I use an address or bank details from a previous order?

No. Always use only the address and payment details shown in the current exchange order.

Can AML/KYC verification be required?

Yes. For certain transactions, IXIDE may request additional verification in accordance with the published AML/KYC Policy.