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Guide: Website
Internal Transfer Between Wallets Guide
24/7 Trading
Trade a variety of assets at BlueHawkFX and take advantage of uninterupted 24/7 trading.
Same Day Withdrawals
BlueHawkFX prides itself on processing withdrawals within the same day to ensure you have rapid access to your funds.
Multi-Wallet Storage
BlueHawkFX offers a unique multi-wallet funds storage system. Traders have the option to store funds in one of 3 Fiat wallets: USD, GBP and EUR.
There is an additional fourth wallet where tradable liquidity can be stored in BITs. BITs are a micro measurement of Bitcoin used to read Bitcoin Trading Account balances more easily.
A BIT is one-millionth of a Bitcoin: 1 BIT = 1 microbitcoin = 1 μBTC = 0.000001 Bitcoin (BTC)
Storing tradable funds in BITs allows traders to speculate on the price of Bitcoin while having instant access to tradable funds.
If BTC price starts to appreciate then traders can store funds in BITs to not lose out on a BTC price rise. BIT Wallet balances are relative to BTC price.
Should there be a projected BTC price downturn, traders can store their funds in one of the 3 Fiat wallets to lock in the value of their initial investment.
1Select Internal Transfer underneath Dashboard on the left-hand menu
2In the From Account field, select the wallet you want to move funds FROM
3In the To Account field, select the wallet you want to move funds TO
4Enter the amount to be transferred
5The conversion rate will be displayed
6Select Transfer to send funds to your desired wallet
Once the transfer is complete, you will see the transferred funds in the wallet balances on the same screen.
* To check wallet balances at any time, simply go to DASHBOARD for a review of wallet balances.
Please note:
Internal transfers are charged at 2% of the amount to be transferred – per transaction. Transfers between Wallets are unlimited.
Wallet balances are funds available to be transferred to trading accounts. Wallet balances are not reflective of MT4 Trading Account balances.
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