Sell Bitcoin on the crypto exchange and get money directly to the bank account. There are many trusted crypto exchanges operating on the Internet nowadays and many of them are not limited to crypto-to-crypto trading but also provide with an opportunity to send exchanged money directly to the bank account. Make use of Bitcoin ATM. There are over 2, ATMs accepting Bitcoin on the planet, so if you are lucky to live next to one of them, you can easily get fiat money for Bitcoin . 13 rows · Ally bank is one of the most Bitcoin-friendly banks. Ally is an online only bank, meaning it . Paxful is a global marketplace to securely trade Bitcoin with millions of users, using + modes of payment. Create a free account today.
Trade bitcoin bank account7 Ways to Withdraw Bitcoin to Bank Account - Cryptalker
Now it is time to harvest a crop and use the money earned, and it can be done if you transfer Bitcoin to a bank account. You will agree that it is possible to use BTC to pay for services and goods, but, unfortunately, the number of platforms accepting crypto is still rather limited while paying with fiat money has no restrictions.
Moreover, it would be reasonable to convert BTC for fiat money when a crypto market is in decline and you want to prevent losses. Look: this article will tell you about the most popular and secure ways of withdrawing Bitcoin to the bank account and how this process is performed. It goes without saying that every Bitcoin holder can exchange cryptocurrency for fiat money and transfer it to the bank account in a matter of minutes.
In fact, there are 4 ways to do that:. All these ways can be used for getting fiat money onto your bank account, but the most popular way is still the use of exchange services. It is not difficult to find a trusted crypto exchange with reasonable fees and get money to your bank account quickly and without putting much effort. That is why lower you will find 7 platforms where every person can sell BTC in exchange for money to land on the bank account.
There is no need to have any trading experience to convert money on third-party exchange platforms. In fact, even a child will easily cope with the task set since it is enough to fill out some information in the blank spaces and deposit Bitcoin to the exchange in order to request the withdrawal of fiat money then.
The most widely accepted way to do that is to prefer an exchange that accepts bank wire transfers, and experts advise asking for fiat money to be sent to the same bank account where they were transferred from too. Usually, it takes from 1 to 5 days to get money to your account. However, there is also an opportunity to use the Peer-to-Peer approach or turn to a broker too.
Now it is time to analyze the offer of the best platforms to convert BTC and choose the most suitable one. This London exchange established in offers to withdraw cryptocurrency only for registered and verified users. Residents of different countries can transfer Bitcoin to their bank accounts using this service.
When it comes to citizens of other countries, it is possible to ask for a debit card withdrawal or do that in ATM too.
At the same time, there are several benefits of the platform too including round the clock customer support, several payment methods supported, and fast money transfers. Being a leading Bitcoin trading platform Coinbase allows its users to withdraw Bitcoin to bank accounts too. It is possible to speed up the transaction if you own MasterCard or Visa. The cost of withdrawal also depends on the country and can vary from several dollars to several cents. This peer-to-peer platform was founded in and its headquarters are located in Helsinki, Finland.
It is a decentralized platform aimed at matching people who want to sell or buy cryptocurrency. Users of the platform can negotiate to trade on the platform by answering ads created and meet in person or transfer money to the bank account or wallet.
There are over 40 payment methods on the service and bank wire transfer is among them too. A step by step guide to setting up your bitcoin bank account. It only takes a few minutes. Jump onto a quick video call so that the Bitwala team can verify your identity and create your new account. Create your digital wallet, set up your paper backup and you'll be instantly ready to trade.
It's that simple! With your Bitwala bitcoin account, you will be able to receive, convert funds and send bitcoin to other people all around the world. Even better, you can do it round the clock. Interested in trading bitcoin? You will have a unique bitcoin address, a private wallet , and safety measures for total peace of mind.
Look out for multi-signature software wallets, biometric data and QR code technology for secure transactions. You will love our user-friendly, intuitive app that offers banking features through a smooth and streamlined interface.
Buy Bitcoin or Ether with just a few swipes. Our partner is a fully licensed bank in Germany. Use it to receive bitcoin payments or to send funds to anyone - anywhere and at any time.
You can also store your funds for future use. Bitcoin makes it easy to manage your finances online. Exchange bitcoin for Euros.