Can you please explain the process of withdrawing money from Bitso in a simple and step-by-step manner? I'm new to the world of
cryptocurrency and I'm not sure what to do. I understand that I need to first have some cryptocurrency in my Bitso account, but after that, how do I go about converting it into fiat currency and withdrawing it to my bank account? Is there a fee associated with the withdrawal process? And how long does it typically take for the funds to reach my bank account?
7 answers
Carlo
Thu Aug 22 2024
Once you've tapped on the 'Send' button, you'll be prompted to choose the cryptocurrency you wish to send. Select the desired currency from the list provided.
Enrico
Thu Aug 22 2024
After selecting the currency, you'll need to specify the amount you want to withdraw. Input the token amount you intend to send in the designated field.
SamuraiWarriorSoul
Thu Aug 22 2024
To withdraw funds from your Bitso Web3 Wallet, you must first sign in to the Bitso app using your credentials. Once you're successfully logged in, you'll be directed to the app's home screen.
SeoulSoul
Thu Aug 22 2024
It's important to double-check the recipient's wallet address and the amount you're sending to ensure accuracy. Any mistake in the address or amount can lead to irreversible loss of funds.
CryptoWanderer
Thu Aug 22 2024
Next, locate the Bitso Web3 Wallet switch on the home screen and tap on it. This will take you to the Web3 Wallet's interface, where you can manage your digital assets.