Deposit Bitcoin from Gemini
Gemini can withdraw Bitcoin (BTC) straight to your Cryptoflip deposit address. Pick Bitcoin (BTC) on the Bitcoin network on the withdrawal screen, paste the address, and your balance credits once the network confirms it.
| Network to pick | Bitcoin (BTC) on the Bitcoin network |
|---|---|
| Do not pick | Lightning, BEP-20 or any wrapped BTC |
| How long it takes | Bitcoin blocks land about every ten minutes, so allow 10 to 30 minutes for the balance to credit. |
| Destination tag | Not needed. |
| Fees | Gemini charges its own withdrawal fee, shown before you confirm. Cryptoflip adds no deposit fee. |
How to send Bitcoin from Gemini
- Sign in to Cryptoflip, press Deposit and choose Bitcoin. Copy the address it gives you.
- In Gemini, open the withdraw screen for BTC. It usually sits under Assets, Wallet or Funds.
- Choose Bitcoin (BTC) on the Bitcoin network as the network. Do not choose Lightning, BEP-20 or any wrapped BTC.
- Paste your Cryptoflip address. Enter the amount, leaving room for the withdrawal fee.
- Confirm with your two-factor or email code. Some exchanges hold the first withdrawal to a new address for a short review.
- Your Cryptoflip balance updates on its own once the deposit confirms. Bitcoin blocks land about every ten minutes, so allow 10 to 30 minutes for the balance to credit.
Get your Bitcoin deposit address
Questions
How long does a Bitcoin deposit from Gemini take?
Bitcoin blocks land about every ten minutes, so allow 10 to 30 minutes for the balance to credit. Gemini can also take a few minutes to process a withdrawal before it reaches the network.
Does Cryptoflip charge a fee for BTC deposits?
No. Cryptoflip does not add a deposit fee. Gemini charges its own withdrawal fee, which it shows before you confirm.
Is there a minimum deposit?
There is no fixed minimum from Cryptoflip, but very small amounts can be eaten by network fees. The deposit page suggests a minimum for each coin.
What happens if I send on the wrong network?
A deposit sent on any network other than Bitcoin (BTC) on the Bitcoin network does not reach your Cryptoflip address and may not be recoverable. Match the network to the address you generated every time.