FTX Client Q&A
How do I access BitGo?
How do I access BitGo?
For the best experience of the BitGo platform, please access BitGo https://app.bitgo.com/web/auth/login through the latest version of Google Chrome Web browser on your laptop/PC/Desktop.
How can I withdraw funds from BitGo?
How can I withdraw funds from BitGo?
You can withdraw USD via ACH (if available) or through a domestic or international wire. If trading is available on your account, you may also convert your USD into cryptocurrency or digital assets and withdraw them on their respective blockchain.
How do I link my bank account for an ACH or Wire Transfer?
How do I link my bank account for an ACH or Wire Transfer?
If you have the necessary permissions (Admin access), you can link a bank account to BitGo by following these steps:
1. Navigate to the Trade tab at the top of your BitGo account.
2. Click Wallet Details → on the right side of the Trading page.
3. Select the Banking tab above the Balances section.
4. Click + Add Bank Account on the right side of the screen.
5. Choose your linking preferences and enter your banking details as prompted.
I linked my bank account but it’s still not showing that the request is approved. How long will this take?
I linked my bank account but it’s still not showing that the request is approved. How long will this take?
New bank account linking requests typically take 24-48 hours to be reviewed and approved for use on our platform.
How long does it take to receive USD after requesting a withdrawal?
How long does it take to receive USD after requesting a withdrawal?
BitGo processes USD withdrawal requests Monday through Friday during normal banking hours. Most withdrawals are completed within 24-48 hours.
Why am I getting an “insufficient funds” error when trying to withdraw USD?
Why am I getting an “insufficient funds” error when trying to withdraw USD?
1. Pending trade settlements: If you recently placed a trade, your USD may still be reserved for settlement.
2. Insufficient funds after fees: Withdrawal fees may reduce your spendable balance. Try adjusting your withdrawal request as follows:
a. ACH transfer: Reduce by $1
b. Domestic wire (U.S.): Reduce by $16
c. International wire: Reduce by $30
I converted my USD to crypto or stablecoins-why can’t I withdraw yet?
I converted my USD to crypto or stablecoins-why can’t I withdraw yet?
Funds converted to crypto must fully settle before withdrawal. Settlement begins at 12:00 PM EST and typically takes around 4 hours to complete. Once settled, you can withdraw your funds on-chain. If you initiate a trade over the weekend or US public holidays, settlement will happen on the next business day
Which networks does BitGo support for stablecoin withdrawals?
Which networks does BitGo support for stablecoin withdrawals?
Currently, all stablecoin withdrawals from BitGo accounts are only supported on the Ethereum (ETH) network. While BitGo offers custody on multiple blockchains, stablecoin trading and withdrawals are limited to ETH.
Why do I need to whitelist a crypto withdrawal address?
Why do I need to whitelist a crypto withdrawal address?
For security reasons, BitGo requires all withdrawal addresses to be pre-approved (whitelisted). Since all digital assets used for trading are held in offline, cold storage, this process ensures your funds remain secure.
How do I add my crypto wallet address to my BitGo account’s whitelist?
How do I add my crypto wallet address to my BitGo account’s whitelist?
If you have the required permissions, follow these steps:
1. Go to the Trade tab in your BitGo account
2. Click Wallet Details -> on the right side of the Trading page
3. Select the Whitelist tab above the Balances section
4. Click + Whitelist near the middle of the screen
5. Choose Add to whitelist from the dropdown menu
6. Enter the crypto wallet address you want to add
7. Confirm accuracy by checking the attestation box
8. Click Whitelist Address to finalize
How long does a crypto withdrawal take?
How long does a crypto withdrawal take?
Crypto withdrawals typically take 3-24 hours to process. Since BitGo accounts use a highly secure cold storage environment, processing requires additional steps:
- Our team manually approves and signs withdrawal requests in a bank-grade vault before bringing them online for blockchain processing
- Crypto withdrawals are processed 7 days a week, ensuring security and compliance
I am approved from BitGo and FTX for my distribution, why didn’t I receive one?
I am approved from BitGo and FTX for my distribution, why didn’t I receive one?
If you were approved by both FTX and BitGo but did not receive a distribution on February 18, 2025, it may be due to one of the following reasons:
1. Missed the January 30th cutoff: If you completed your application after the January 30, 2025 deadline, your distribution will occur in a later event. The exact timing has not yet been finalized.
2. High-value distributions pending: If you are expecting to receive more than $50,000 USD, distributions for larger amounts will begin later this year as part of a separate process managed by the FTX Estate.
3. Verification issues: Your account may not be fully verified by either the FTX or BitGo team. Please check your status to ensure all verification steps have been completed.
Unable to send XRP because of a denied by policy error.
Unable to send XRP because of a denied by policy error.
When you whitelist the XRP destination address in your trading wallet, ensure that you whitelist the address with the destination tag. The format would look similar to this: address?dt=xxx
Running into “Keychain does not have property encryptedPrv” error when trying to withdraw?
Running into “Keychain does not have property encryptedPrv” error when trying to withdraw?
If you are running into the above error, you may need to reset the trading wallet password. To reset the password, please follow below steps:
1. Login
2. Navigate to Trading Wallet
3. Go to Settings
4. Update Wallet Password
5. Enter Password Details
a. User inputs their current login password.
b. User enters a new wallet password.
c. User confirms the new wallet password.
6. Complete the Upgrade
I was expecting more amount to be received from the FTX distribution, but received less than expected. Why?
I was expecting more amount to be received from the FTX distribution, but received less than expected. Why?
For queries related to your distribution amount, we recommend reaching out to suppor@ftx.com - BitGo is following the instructions from FTX.
Still need help?
E-mail us at ftxcreditors@bitgo.com.