Deposit Process With Bit Lords
To deposit funds into your Bit Lords trading account, you need to follow four simple steps:
It is very easy to deposit and withdraw money with Bit Lords. We have made these transactions easy and secure for you and support various banking methods that are convenient and safe.
With Bit Lords, you can be sure that we always take the necessary precautions to protect your funds and personal data. Bit Lords has implemented stringent security measures to protect and secure your transactions and personal data on our platform.
Credit and debit cards
Please note, that Bit Lords platform displays different deposit options. By clicking on the "Deposit" button, you can check if your country or region supports this method on the Bit Lords platform.
eWallets
eWallets are a popular, quick and safe way to make all types of transactions. For your convenience, Bit Lords offers a choice of eWallet options to deposit with. When you deposit using the eWallet option, your funds are instantly transferred into your trading account. In this way, you can quickly start trading the financial markets.
International Bank Transfer/ Wire Transfer
With Bit Lords, you also have the option to use a wire transfer or international bank transfer to fund your trading account. While these options are not instant and as fast as credit and debit card transfers, Bit Lords caters to all of our traders’ needs. Please be advised that by making a deposit using this payment option, it could take up to 7 business days for your capital to reflect in your trading account.
Local Bank Transfer
Local Bank Transfer Local bank transfer is also an option at Bit Lords and you can deposit your trading funds into your account using this payment option. This may be a preferred payment option as it is often faster than international bank transfers and wire transfers. It will only take a few days to complete a local bank transfer transaction and for the funds to reflect in your Bit Lords trading account. The selection of local banking options is displayed on our trading platform’s interface. To check if your country or region is listed, simply select the “Deposit” button.
Withdrawing your funds and profits from your trading account is a straightforward and simple process. At Bit Lords, we offer a choice of user-friendly and secure banking methods to ensure you have a seamless experience.
At Bit Lords, we have taken all the necessary steps to keep your funds and personal data safe so you can have complete peace of mind. We have implemented the latest and most advanced security protocols to ensure that our platforms and your transactions are always safe and secure.
Security and Verification
At Bit Lords, the safety and security of our account holders is a priority for us. As such, we have implemented comprehensive security measures to protect you and our platform from fraudulent activities. Also, our security measures ensure that we are complying with international, anti-money laundering regulations. To facilitate these security processes, all Bit Lords clients are required to complete a verification process.
To complete the verification process and to start trading, you will need to provide personal identification information and various documents. This information can be submitted online.
The following documents are required to complete the verification process
- Proof of Identification (POI)
- Proof of Residence (POR)
By clicking on the “Upload Documents Page” on the platform interface, you can upload your documentation. While our verification process is straightforward, if you require any assistance or have any questions, please feel free to contact our dedicated service team who are always available to assist you. They can be contacted using the Live Chat feature, telephone, or send an email to support@bit-lords.com
Proof of Identification (POI) Documents
A valid ID document issued by a government is required for you to complete the verification process. You can send either a scan or a photo of your ID. The following documents are acceptable for verifying identity with Bit Lords:
- Driver’s license
- National Identity Card
- Passport
Just make sure that the copy of the chosen identity document you send to us is legible with your full name, date of issuance,c and expiration date clearly indicated. A clear photo of you must also be included in the ID document.
Proof of Residence (POR) Documents
As part of the verification process, you will also need to verify your place of residence by providing the relevant documentation. Please ensure that the documents are no more than 3 months old. Also, the details on the documentation must match the information provided when you registered a Bit Lords account. Please ensure that your full name and full address of residence are legibly displayed.
The following are acceptable documents for POR purposes:
- Utility Bill (Such as a water, gas, electricity, or phone account)
- Bank Statement
- Credit/Debit Card Statement
Credit Card Information Verification
Should you wish to use a credit or debit card as a method for deposits and withdrawals to and from your Bit Lords account, you will need to provide us with an image of the front and back of your card with legible information. You can send either a scan or a photograph of the card that was used.
The following information must be included in your image:
- Full Name
- Expiration Date
- First 5 and last 4 numbers are on the card. Please ensure the middle 7 digits, as well as the CVV number, are hidden.
- The signature on the card must match the signature provided on other documents provided to Bit Lords.
Please Note: You may be required to provide Bit Lords with a credit card statement that proves you are the legal owner of the credit card account. This statement will need to clearly display your full name as well as the last four digits on the card. Also, the name on the statement must match the card name as well as other documents provided to Bit Lords.
Local Bank Transfer
Local Bank Transfer Local bank transfer is also an option at Bit Lords and you can deposit your trading funds into your account using this payment option. This may be a preferred payment option as it is often faster than international bank transfers and wire transfers. It will only take a few days to complete a local bank transfer transaction and for the funds to reflect in your Bit Lords trading account. The selection of local banking options is displayed on our trading platform’s interface. To check if your country or region is listed, simply select the “Deposit” button.
Bank Transfer - Proof of Payment
Bit Lords only processes withdrawals through the same payment method originally used to deposit funds into your account. If you deposited funds using the bank transfer option, you will be required to provide an image/screenshot that legibly displays the deposit transaction.