Withdrawal through exchangers
Exchangers are definitely suitable for users who want to withdraw cryptocurrency into fiat quickly, however, the commission and rate in such services differ from the exchange. In addition, the exchange provides a chance to get a good deal and is generally a safer way to exchange. With exchanges, you often send your funds to someone else's wallet without knowing if they will send you funds in return.
Withdrawal of cryptocurrencies into rubles through Matbi
The Russian-language multicurrency service Matbi has been operating since 2014. This is both an online exchanger and a crypto wallet. The algorithm for exchanging cryptocurrency for rubles in the service: 1) register on the website, 2) send bitcoins to your Bitcoin address in Matbi, 3) exchange for rubles and 4) send rubles to a bank card (Sberbank, VTB, Alfa-Bank and etc.) or electronic wallet (QIWI, Yandex.Money). The average operation time is 15 minutes. The entire process is discussed in detail in the review.
Withdrawal via Bestchange exchanger
This is the most popular and easiest way to withdraw cryptocurrency into rubles or any other fiat money. This method will most likely be the most profitable in certain exchange options, of which there are a huge variety.
So, let's go to the site bestchange.ru. There on the left you can see two large columns with the names “Give” and “Receive”. I think everything is clear to everyone here. In the “Give” column, select the cryptocurrency that you want to exchange, and in the “Receive” column, select one or another method of receiving real money.
how to sell cryptocurrency and withdraw money in rubles
Here you can choose the most convenient option for transferring funds: receive rubles to a Sberbank card, to Yandex.Money, to QIWI, WebMoney, etc. All the differences, as you already understand, will only be in your exchange preference and some benefit. Some options will be more expensive and in the end you will get less. Some are less expensive, so you will get more money.
In any case, first choose the appropriate option for yourself. Next, the site will generate for you suitable options for all exchangers that can perform the required operation (for example, exchange ETH for rubles with withdrawal to your Sberbank card).
After that, look at the sign on the right with certain cryptocurrency exchangers. There you can see the following columns: • exchanger - this is the name of the site; • give and receive - the corresponding exchange rate of cryptocurrency for rubles of this exchanger; • reserve - the amount of funds owned by the resource; • reviews - positive or negative ratings from users who have used this site.
In general, in this table, from top to bottom, the most profitable exchangers for you will be located, which the Bestchange website has sorted for you. Therefore, we select the most profitable options for ourselves, which are located at the very top.
Go to the Bestchange website
The next step is to look at the “give” and “receive” sections. The rates of certain cryptocurrency exchangers may differ greatly from the real cost of cryptocoins and be completely unacceptable for you, so carefully evaluate the real rate of digital coins at the moment and compare with the price set by the exchanger.
And in conclusion, be sure to look at such a parameter as “reviews”. This will make it clear directly how much trust people have in this or that cryptocurrency exchanger. There are divisions in this column. On the right are positive reviews (in green), on the left are negative reviews (in red). In addition, you can look at the comments about this resource. They are left by people who have already used this exchanger.
Accordingly, this will allow you to choose the most optimal site for yourself, which has many positive and few negative reviews.
There is no need to choose those exchangers that have only 10-200 successful transactions. This may be a typical project of scammers who want to profit from people's trust. When you transfer funds to the specified address, and receive nothing in return. Look for those resources that will have at least 500 successful exchanges. Such sites care about their reputation, so every transaction is likely to be carried out fairly and quickly.
Many people will ask: “Am I going to be deceived?” It is unlikely. As already mentioned, quality exchangers care about their reputation. If a person’s transaction was successful, then he leaves a positive review. This increases the confidence of future potential clients of the site. Accordingly, the more positive reviews, the greater the likelihood that more people will use the exchanger. That’s why it was said that it is necessary to choose exchangers with the number of successful transactions from 500.
Go to the Bestchange website
Withdrawal of cryptocurrencies to a Sberbank card via BestChange
BestChange is a site for monitoring exchangers, not the exchanger itself. It provides information only about verified exchangers, so you don’t have to worry about security.
On the BestChange service, the user can withdraw cryptocurrency to a Sberbank card by choosing an exchanger with the best Bitcoin to Russian ruble rate. Follow the link to find the best deals. Pay attention to the number of available coins.
The site itself has easy navigation: on the left side of the main page you will find the “Give - Receive” table, where you can select the currencies you need: for example, you want to give away military-technical cooperation and for it receive Russian rubles on a Sberbank debit card. This means that in the “Give” column you need to select Bitcoin (BTC), and in the “Receive” column – Sberbank (it will be listed below, in the Internet banking area). After selecting the required items, a table with exchangers will be displayed on the right side of the site, which will be sorted by the best rate. When you select an exchanger, you will need to click on the line: the hyperlink will automatically redirect you to the exchanger’s website. Carefully study the information about the selected exchanger and its reviews. In the exchange request, again indicate the amount of currency you are giving away - the system will calculate the amount you will receive in exchange for the coin. Next, fill out a simple form: indicate your full name and card details. The exchanger may also ask for your phone number and email address. Pay attention to the commission that the platform takes. If you agree with all the conditions, click the button to submit the form - it will always be different. The exchange will take some time, so the rate you choose at the beginning may be different from the one half an hour later.
Withdrawing cryptocurrency through exchangers to a Sberbank card
Next, we propose to consider in detail the withdrawal of cryptocurrency to a Sberbank card using exchangers. To obtain information about the best rate, based on the offers available on the market, you can use the BestChange service. On the main page of the portal you can find a table of possible deals.
It is important to pay attention to the “reviews” column.
Although some opinions may be written by the representatives of the exchanger themselves (in an attempt to increase its rating), the bulk of messages will be created by real users. Information about their experience interacting with sites can become the basis for their choice.
If you are interested in withdrawal exclusively to a Sberbank card, in the “receive” column you need to find the corresponding name of the financial organization. When you click on an offer you are interested in, the system redirects you to the website of the platform on which the transaction can be implemented. Next, the user will be asked to enter the appropriate details and make the exchange.
For example, let's choose position No. 2 from the table above. After clicking on the offer, the system redirects to the specified site. After filling out the proposed forms and pressing the “exchange” button, the operation begins.
Withdrawing cryptocurrency through an exchange
Exchange on the stock exchange takes place according to a different principle. On a cryptocurrency exchange, you don’t just exchange digital coins for fiat, you sell them. Within the exchange, sellers and buyers are live verified users. Even taking into account the fact that you withdraw money first to an electronic wallet and then to a card with a certain commission, this will be safer and sometimes more profitable, since on the exchange you can reach a deal with the most favorable rate. Also, registration and verification may take you some time, but if a good course is your priority, it will be worth it.
To begin, select an exchange. The most popular are Exmo, Yobit, Livecoin. In your Exchange Personal Account, you will automatically have an electronic wallet account created, into which you can transfer coins for subsequent sale for fiat money. Next, you need to carefully study the rate and wait for the best rate to sell the cryptocurrency you have. At the best time, sell your coins and withdraw money to an e-wallet or your credit card.
Using the Exmo exchange as an example, let’s look at exchanging cryptocurrency for fiat money. After registration and verification on the exchange, you will have a wallet with a whole set of balances in different currencies (crypto and fiat). In the Menu at the top of the site, click the “Deposit” button to transfer the coins you want to sell to your account. The exchange has an instant exchange function: fill out a form with the fields “I give” and “I receive” and click the “Exchange” button. Your ruble account (or any other fiat account) will be replenished instantly. Then you need to go to the wallet itself and from there transfer money to the card. For different payment systems there will be a commission for withdrawing funds: you can transfer money not only to a bank card, but also to Yandex.Money and QIWI. If you have the time and desire, you can participate in trading to make a profit.
Another convenient method of exchange is the Yobit exchange (a proven service where you can exchange Bitcoin for rubles and, if desired, cash out at the nearest ATM). You fund your exchange wallet and select “Sell” on the main page. The exchange offers to withdraw received funds to QIWI wallets (commission 6%), AdvCash (3%), Payeer (4%), Visa/MasterCard (70 RUB + 6%), WebMoney, Yandex.Money (3%) and more - transfer the received funds to your mobile phone account.
Withdrawing cryptocurrency to a bank card
Before you decide to withdraw cryptocurrency to a bank card in fiat form, you need to make sure that in your region there are no offers that allow you to bypass this step. Currently, a number of companies offer the ability to work with debit cards linked to a crypto exchange account. One example of such a map is the Coinbase project.
As of July 2, the platform's debit card allows you to pay for goods and services in cryptocurrency in the following countries. Unfortunately, Russia is not on the list yet, but we are waiting. We will monitor the options and update this article as information becomes available. However, it is necessary to know about this opportunity; it will be especially useful for migrants.
If the option of receiving a debit card does not suit you, and you are still looking for an answer to the question of how to withdraw cryptocurrency, you need to clarify a number of details. The fact is that making a transaction using “plastic” in order to receive fiat into the account can be organized in two ways:
- With preliminary conversion.
- No preliminary conversion.
The first option is suitable for organizing withdrawals to a card from a crypto exchange that supports the corresponding functionality. Let’s take one of the most popular Russian-language platforms – EXMO. Having at hand a Yandex Money card to which a virtual account is linked, the user, having exchanged cryptocurrency for rubles, can withdraw them to plastic.
Important! Methods for withdrawing funds on EXMO may change. Thus, from time to time an offer appears on the site to make a transaction using Visa/MasterCard cards.
For the second approach, exchangers are most often used. The user selects the cryptocurrency to exchange and the method of receiving fiat. In this case, transfer to a card.
How to get a favorable rate
The easiest way is to monitor news about the course from trusted experts. If you don't trust other crypto experts, you can learn to analyze charts yourself using Metatrader 4 - this tool allows traders to analyze trading operations and exchange rates. The most important thing is to constantly monitor changes in the exchange rate and not make hasty decisions. If the rate has fallen, wait for it to fall steadily (the same rule applies to an increase in the rate).
Cryptocurrency withdrawal: advantages and disadvantages
For comparison, we highlight the pros and cons of each withdrawal method in the table.
Advantages | Flaws | |
Exchanges |
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Exchangers |
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Private individuals |
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Cryptomat machines |
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WebMoney |
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How to withdraw money through payment systems
All methods of exchanging cryptocurrency for electronic money will be approximately the same, depending on the support of certain payment systems: either you use an online exchanger or an exchange. Next, we will talk about withdrawing funds to wallets of electronic payment systems: WebMoney, QIWI, Yandex.Money, PerfectMoney, ePayments, Payeer, AdvCash, etc.
Withdrawal of cryptocurrency to WebMoney
If you actively use the WebMoney wallet, it makes sense to withdraw cryptocurrency (or rather, fiat money received after the exchange) to this wallet. This procedure can be carried out in an exchanger, which you can select in the BestChange service, indicating on the left side of the page the funds you want to exchange (for example, Bitcoin - WMZ).
There is another way of exchange - the wallet allows you to buy tokens without leaving WebMoney. To do this, you must have a registered WMID, which will allow you to buy and sell digital coins. In order to sell Bitcoin, you need to create a WMX wallet. To sell BTC (BitcoinCash) choose the WMH wallet, for LTC (Litecoin) - WML. Next, the exchange takes place on the certified exchange wm.exchanger.ru, where on the main page you can select the desired currency for exchange and withdrawal to your WebMoney wallet.
To withdraw WMX, you need to go to the appropriate page of the service, enter the amount (1 WMX = 0.001 BTC), then the address and click the “Send” button.
Withdrawing cryptocurrency to a QIWI wallet
Having more than 47 million active users, the Russian payment service QIWI also provided the ability to withdraw Bitcoin to the system’s wallet. As in previous cases, there are a couple of ways:
- Withdrawal through an exchanger is a quick exchange of tokens for fiat, but not entirely secure. There are many cases where tokens were sent to an unverified exchanger, and the user did not receive anything for them. However, on the BestChange monitoring service you can only find verified exchangers.
- Withdrawing through an exchange is safe, but quite long, since you will have to wait for the best rate, however, this will allow you to get the best price for yourself and your assets will not be destroyed by the interest that you would receive in the exchanger. For example, on the LocalBitcoins exchange you can find a profitable offer or make your own if there is no suitable one. In addition, for each registered account, you can see the number of transactions they have completed and reviews: transparency of their activities reduces the risk of fraud. To make a transaction, you need to “Send a request”, after which the trader himself will contact you (usually the trader sends a number for sending bitcoin). Carefully study the terms of the transaction and wait for the transfer to your QIWI wallet, and only then send the crypt.
Withdrawing cryptocurrency to Yandex.Money
The most common and reliable way to withdraw cryptocurrency to Yandex.Money is to use Russian-language exchanges: LocalBitcoins, EXMO, Binance, Livecoin. On the mentioned exchanges it is possible to work with fiat and withdraw funds to electronic wallets (except for Yandex.Money, you can withdraw money to QIWI, AdvCash, Visa/Mastercard, WebMoney).
Moreover, you can use the BestChange online exchanger mentioned above: in the “Receive” column, in the “Electronic money” field you will see the “Yandex.Money” item. Immediately after selecting the required currencies, you will see a list of available exchangers, by going to which you can make a transaction. We repeat: it is not as secure as exchanges, but it is fast.
The same operation can be carried out on a similar bestchange site: bitcoin24.exchange, which also provides for the exchange of cryptocurrency for fiat money with subsequent withdrawal to Yandex.Money.
Withdrawal of cryptocurrencies to Perfect Money
PerfectMoney is a well-known and reliable payment system that will preserve your confidentiality when making payment transactions. After registration, the PerfectMoney wallet is available in 4 currencies: USD, EUR, BTC and gold. In order to withdraw cryptocurrency to PerfectMoney, you can use the Exmo exchange: in the menu at the top of the site, click the “Top up” button to transfer the coins being sold to your account. The exchange has an instant exchange function: fill out a form with the fields “I give” and “I receive” and click the “Exchange” button - your account in rubles will be replenished immediately (or any other fiat account). To make an exchange within the system, you need to select the “Exchange” column in the site header. This way, you can make money on the difference in rates, including exchanging Bitcoin for fiat currency directly in the system in order to then withdraw it.
How to withdraw money from PerfectMoney? There is no direct way to withdraw PerfectMoney to a card, for example, Sberbank. You will have to turn to the services of exchangers again. There is also a “default” method of withdrawing money via bank transfer. The size of the commission depends on the requirements of the bank. The commission of the system itself will be 2% or a little more, depending on the amount withdrawn. Judging by the reviews, for some users this commission size may be a reason not to use such transfers at all.
First you need to enter your bank details. Particular attention should be paid to the correct entry of IBAN and swift codes and re-check the correctness of the entries in a special window - without them, receiving funds will be impossible.
Next, you need to enter a brief description of the purpose of the funds (for example, “gift” or “help”). The more detailed the description of the transfer is, the faster the money will arrive in the account, since the path of the money will be “transparent” and the bank employee will not have to further clarify the origin and legality of the money.
In addition, you need to check the person to whom you are sending money so that the sender’s status matches the status in the application. You should not make a withdrawal from an individual if you represent the interests of a legal entity - such data is carefully checked, and filling it out incorrectly may cause the withdrawal to be refused.
Keep in mind that this withdrawal method is good for fairly large amounts of money. It is better to withdraw small quantities using “third-party” services that have a good reputation and loyal customers.
Withdrawal of cryptocurrencies to ePayments
The epayments payment system allows you to receive, store and pay with the funds available in your wallet, as well as withdraw them to the epaymentsprepaidmastercard, money from which can be cashed out at any available ATM. To order a card, you need to register on the website, go through verification and top up your account in a way convenient for you: cryptocurrency, Yandex.Money, from a bank card or bank transfer. A dollar card will cost approximately $6, and a euro card will cost about 5 euros.
The electronic wallet is available in three currencies: dollars, rubles and euros. Registration in the system will not take much time. You will need to provide personal information (full name, phone number, citizenship, etc.). After this, you will have access to a wallet to which you can withdraw money, including cryptocurrency.
Withdrawal of cryptocurrencies to Payeer
In order to exchange cryptocurrency for Payeer dollars, you can use any service that monitors exchanges: for example, BestChange or Bitcoin24.exchange. You can specify the amount of cryptocurrency you want to sell and the system you would like to receive payment to. A table with available offers will be displayed on the website. If there are no offers, you can create your own request.
Withdrawal of cryptocurrencies to AdvancedCash
Users of the AdvancedCash payment system can exchange funds within the system without commission, which makes it attractive to “thrifty users.” If you have a wallet in this payment system, you can use any trusted cryptocurrency exchanger and withdraw funds to your wallet in AdvancedCashUSD. When making an exchange, provide your Bitcoin wallet information, AdvancedCash wallet address and personal information - the exchanger will provide you with instructions on the procedure for confirming the exchange application and paying for it. After the necessary confirmations, funds will be credited to your AdvCash wallet. Please note: payment may take some time, as it all depends on network congestion, and confirmations are required to transfer the coin.
How to cash out cryptocurrency through payment systems
More recently, the popular payment system WebMoney introduced a new feature into its system - the ability to work with bitcoins. This is another proof of the popularization of cryptocurrencies and an excellent opportunity to convert digital money into fiat.
To be able to work with cryptocurrency on WebMoney, you will need to verify your account in this system - you will need a scan of your personal documents. If you have passed this stage, you can create a separate wallet for working with Bitcoin - WMX.
After this, you should follow simple steps: in a certain menu, enter the address of the wallet from which you want to transfer bitcoins (if your savings are stored in another currency, you can either transfer it to BTC or use other exchange options).
Then, in the WebMoney service, you can convert your savings into any available fiat currency and transfer to a bank card. You will need to pay a certain percentage for using this payment system. When compared with previous options for cashing out funds, the prices are quite reasonable: the commission is lower than on most exchangers, but slightly higher than on some exchanges.
Another feature is the dependence of the percentage that will be charged on the speed of the operation. There is a quick conversion of bitcoins - it lasts less than a day, and costs 0.8% of the amount. For longer exchange transactions you will need to pay less.
Benefit . If we take into account a regular operation, without urgency, then the commission will be less. But still, on exchanges you can easily find better rates - WebMoney offers a not very pleasant exchange transfer for users. With an “urgent” deal, everything will be even less profitable for you.
Convenience . If you have not yet verified your profile on the exchange service, you will need to spend a few days confirming your account. However, provided that your identity is verified, creating a wallet will take a few minutes. The speed of the exchange is also quite high (and there is a special function that speeds up the process).
Safety .
In this regard, this service is in the highest position - the chances that you will be deceived, or that your legitimate money will not come to you, are so minuscule that they cannot be seen even under a microscope. Therefore, regarding security, this option will be the most suitable.
Cryptocurrency withdrawal via Bitzlato telegram bots
Bitzlato is a cryptocurrency exchange that includes a P2P exchanger. The exchanger works through convenient bots in Telegram, so if you are an active user of this messenger, you will be comfortable using bitzlato bots. The most popular cryptocurrency exchange bot is BTC Banker. The advantages of this bot are: more profitable chickens compared to exchanges, functioning like a wallet, support for fiat currencies and high transaction speed. You can withdraw the purchased currency to any wallet or card. So, to use the bot, you need to go to the @Btc_change_bot bot, confirm the user agreement and select a currency. At the bottom you will see the “Exchange BTC” button. You can either sell Bitcoin or buy it within the bot. The best deals will be shown first. After studying and selecting the proposed transaction options, click the “start deal” button. To check your wallet balance, click the "Wallet" button at the bottom of the dialog box.
The bot is not directly an exchange, but just an automated intermediary. In recent months, this particular wallet has been gaining increasing popularity among Russian-speaking users.
Many users of the bitcointalk forum claim that bots are much safer than well-known exchangers, since here the bot acts as a guarantor of the transaction. Despite this aspect, it is worth studying the reviews of bots in detail before trusting them with your assets.
Read a detailed review and instructions for using the Bitzlato service
Exchange
How to cash out bitcoins in Russia without losing your earned money? Many people use virtual exchangers for this purpose. This is a universal method, because exchange systems work with any currencies. They have their drawbacks: different exchange rates, unstable work, time delays, difficulties in receiving money. For example, the Wirex service combines the classical monetary system and blockchain. In order to use its services, you need to order a payment card and link a Bitcoin wallet to it. The peculiarity of the card is that it exchanges digital money for dollars, euros, and pounds. No banks are involved during the exchange or transfer.
This service acts as an intermediary in the sale or purchase of bitcoins. In addition, Wirex makes it possible to pay with bitcoin even in places where digital money is not accepted. This becomes a reality due to the fact that the wallet is linked to the card. The owner can withdraw bitcoins from an ATM. In Russia they plan to ban cryptocurrency, as in other countries, due to difficulties in controlling it. As for the exchange of bitcoins for rubles, certain difficulties arise in this system. Alternatively, digital money can be exchanged first for dollars or euros, and then for rubles. It should be noted that today bitcoins are not a strong currency, and in the Russian Federation they are not considered a full-fledged means of payment.
Withdrawal of cryptocurrency through ATMs
The active introduction of cryptocurrencies into everyday life will one way or another lead to the need for greater availability of ATMs, where people can purchase or cash out their cryptocurrency assets.
As we already mentioned, you can cash out Bitcoins using:
- Exchangers to then receive funds to your preferred payment system, including bank cards. If you have little confidence in the service, start with small amounts or try the deal in person, when you and another member of the service make an exchange.
- An exchange like EXMO, with which it is convenient to exchange and withdraw funds to Yandex.Money, Qiwi, Advocash, bank cards, etc.
There is another noteworthy method of accumulating “pieces” of bitcoin and then withdrawing funds.
Cryptocurrency withdrawal via P2P networks (localbitcoins)
Another option for withdrawing cryptocurrency is to work with the LocalBitcoins platform. On the site, users can find an offer to exchange bitcoins for a currency held in an account in a certain payment system.
Speaking about how P23 networks operate, we can give an example:
- User A has 1 Bitcoin. He wants to exchange it for an equivalent amount in rubles. At the same time, he would like to receive money on a Sberbank card.
- User B then decided to buy 1 bitcoin, paying for it in rubles.
- Both users find each other in the system, enter into agreements and make an exchange (most often, services connecting supply and demand act as a guarantor of the transaction).
At the same time, sellers who are ready to buy/exchange cryptocurrency can independently indicate their preferred method of receiving funds. The platform also supports Ethereum, Ripple and Litecoin (as a medium of exchange).
Most exchangers strive to provide the simplest possible interface for interacting with cryptocurrencies. When choosing an offer, it is important to pay attention to the exchange rate (some options may be extortionate).
How to withdraw funds from a cryptocurrency faucet
Cryptocurrency faucets give people the opportunity to get involved in owning cryptocurrency assets in a minimal way. The Internet has many cryptocurrency faucets, however, the minimum number of Satoshis “dropped” to you that you can withdraw varies from site to site: from 10 Satoshi (or 0.0000001 BTC) to 10 thousand Satoshi (0.0001 BTC), and in some cases even more.
Registering an account on FaucetHub, for example, will allow you to store all the Bitcoin “pieces” you receive from different faucets. When creating an account, in addition to personal information, you will need to provide the address of a pre-created wallet from bitcoin.org. By opening your personal account (click the button in the upper right corner “User+”), you will find your wallet balance, statistics and payments. When you have at least 0.0002 BTC in your account, you can withdraw them to the wallet addresses you attached - click on the “Withdraw” button and select the wallet you need for withdrawal. You then confirm your Bitcoin address, specify the number of coins to withdraw, and click the green “SubmitWithdrawRequest” button.
The further process of withdrawing cryptocurrency depends on the wallet to which you transferred the received satoshi.
How to withdraw bitcoins through a payment system
This option is much more reliable. Let's give an example of such a system - WebMoney. Every year the service becomes clearer and more accessible. Today it offers a variety of wallets linked to different currencies. One of these is WMX. This is an analogue of bitcoins. In order to withdraw in rubles or to a bank card, you need to act in the following sequence:
- register in the service;
- create a WMX wallet;
- go to the replenishment section, where we select “Operations” and then “Receive”, which will allow you to generate a Bitcoin address;
- by logging into a wallet (for example, opened on the info website), you need to send cryptocurrency by entering the address received from the payment system, as well as the amount and commission.
As a rule, enrollment occurs quickly. Then, using the services of the WebMoney payment system, you can choose a withdrawal method: to a card, through a money transfer system, and so on. It is necessary to determine the appropriate method, taking into account convenience and the level of commission.
Advantages and disadvantages of all methods of withdrawing cryptocurrencies
So, now you know how to withdraw cryptocurrency from some exchanges and exchangers. Other exchanges and exchange offices work on the same principle, so you will not have problems quickly understanding this issue. Exchangers and sites for monitoring them allow you to quickly exchange and withdraw funds in a way convenient for you. However, cases of fraud still happen, since there is still no decent regulation of the processes of the cryptocurrency world.
It is best to rely on real user reviews and use only proven services. Telegram bots are definitely worth paying attention to: they are quickly gaining popularity because they act as guarantors of transactions, which makes them safer than a regular exchanger. If you have the time, we recommend using an exchange that will allow you to get the best rate, which will likely increase your assets.
Withdrawal of cryptocurrency through individuals
Individuals offer the same services as exchange services. You can find people who can help you withdraw cryptocurrency on specialized forums. The whole process boils down to arranging a personal meeting, during which cash transfer and cryptocurrency transfer will be carried out.
This method, although it seems simple, is not always safe. Especially when it comes to large sums. The advantage of such an exchange is that you do not “expose” the turnover of funds in bank accounts. But at the same time, there is a high probability of fraud or robbery. Therefore, it is better to conduct such exchanges exclusively with trusted and reliable people whom you have known for more than a day.
Exchange
People can sell and buy cryptocurrency, making good money due to the ever-increasing price of Bitcoin. Trading on the Bitcoin exchange is not much different from trading on the exchange with any other currency.
However, it has its advantages : at the moment this niche is unpopular, and therefore it seems possible to take a place in it. Also a pleasant moment are the sharp jumps in the rate of this cryptocurrency, and therefore the chance of making a profitable transaction is high.
The best exchanges today can be considered:
- Exmo
- Yobit
- BitFlip
- Binance
- Livecoin
- LocalBitcoins
- Bitmex
The interface in these services is close to optimal, the resource itself acts as a guarantor of the transaction, and the commission for transactions is minimal.
Procedure
1. Choose a direction. For example: bitcoins (you give) => to a Sberbank card (you receive).
Or like this:
2. Enter the amount to be withdrawn and indicate personal data (valid E-mail, card number, recipient’s full name). Click on the “Pay” or “Proceed to Payment” button.
Sometimes, to complete the operation, you need to confirm that you are not a robot and check the “I agree to the terms” box. Some services, before withdrawing cryptocurrency in rubles to your card, may require you to confirm the debiting of funds from your BTC wallet (in this case, just follow the instructions). After confirming the transaction, you will receive an SMS notification that the money has been successfully credited. The process takes from 5-20 minutes (usually) to 3 days (rarely).
In the same way, you can withdraw funds to Yandex.Money, WebMoney, QIWI and other electronic payment systems.
Withdrawing cryptocurrency through exchanges
For withdrawal, you can use exchanges where digital coins are traded and exchanged between platform users. First, let’s list the cryptocurrency exchanges with withdrawals in rubles:
- KUNA;
- bitport;
- CRYPTONIT;
- BTC-E;
- Livecoin;
- Exmo;
- CEX.IO;
- ECOIN.
The algorithm of actions in this case is more complicated:
- Create an account;
- transfer crypto coins to the exchange wallet;
- exchange them for fiat currency (rubles);
- convert into codes and cash out at the exchanger or withdraw in another convenient way offered by the selected exchange.
Step-by-step instruction
Let's take a closer look at how to withdraw bitcoins into rubles, using the example of the well-known EXMO exchange.
Step #1. Registration.
Step #2. Registration confirmation (follow the link from the letter sent by email).
Step #3. Transfer of cryptocurrency to the address of the created wallet on the exchange.
Step #4. Exchange digital coins for fiat currency (rubles).
Step #5. Withdrawal in a convenient way (each option provides for a certain limit and commission).
- Option A – on the card:
- Option B - create EX-CODE,
and then cash it in an online exchanger.
How to withdraw cryptocurrency anonymously?
Bitcoin can be withdrawn anonymously (legally) using the Advanced Cash payment system. Some cryptocurrency exchanges (Livecoin, WEX, EXMO) provide the opportunity to directly withdraw fiat money to the Advanced wallet. The principle of action in this case is quite simple.
Step #1. After registering in the system, you need to top up your account with bitcoins.
Step #2. Open the “Funds Transfer” tab and select the appropriate option:
- through exchangers;
- to a bank card;
- to ADVcash card;
- between wallets within the system;
- into electronic currency (Payeer, Perfect Money, etc.);
- in cash.
For those who plan to use the service to withdraw cash regularly, it is better to order an ADVcash/MasterCard card (EUR or USD). This will make it possible to withdraw crypto coins at the right time, since money can be cashed out at any ATM, in any fiat currency (an additional commission is charged for exchanging euros or dollars for rubles).