There’s nothing that can match the joy of earning profits and growing your crypto holdings through staking. And when the time comes to withdraw those funds to your bank account, the feeling is truly unmatched. So, if you’re currently sitting on a substantial balance in your BitGet account and are wondering about the withdrawal process, you’ve come to the right place.
In this article, we will explore how to withdraw money from Bitget to a bank account. Additionally, we will provide step-by-step instructions on how to convert your crypto into fiat currencies and transfer them to your bank accounts. So, let’s get started!
How to Withdraw Money from Bitget to Bank Account
Yes, it is possible to withdraw money from Bitget to the bank account. You just have to follow our step-by-step simple guide.
Also Read: Bitget Token (BGB) Price Prediction
Step 1: Navigate to the Bank Withdrawal Page
First, navigate to By Crypto on the Bitget website. Once there, hover your mouse over the Pay With section to access the fiat currency menu. From the menu, select your preferred fiat currency. Afterward, click on Bank Deposit > Fiat Withdraw for further options and information.
Otherwise, Clinking Buy Crypto > Bank Deposit > Withdraw Fiat.
Step 2: Choose Your Fiat Currency
Now, please select the fiat currency in which you would like to withdraw. Currently, you have the option to choose from three available currencies: European Euros (EUR), Brazilian Real (BRL), and Turkish lira (TRY). After selecting your currency, proceed by clicking on Next.
Step 3: Add Your Bank Account
If this is your first-time money withdrawing, you’ll need to add your bank account. To do this, click on “Add Bank Account” for further instructions on how to proceed.
Step 4: Please Enter the Desired Withdrawal Amount
Now, please enter the amount you would like to withdraw from your Bitget account.
Also Read: How to Buy Bitget Token (BGB) in Australia
Step 5: Confirm, Verify & Check
Please take a moment to review your details and double-check your IBAN (International Bank Account Number). Once you have done that, kindly click on the “Confirm and Verify” button.
You will receive a code in your email, as well as a current code in your Google Authenticator app. Please enter both codes to proceed.
Step 6: Successfully Submitted a Withdrawal Request
Congratulations! Your withdrawal request has been successfully submitted. Generally, you can expect to receive the funds within one working day.
However, if you opted for fast transfer or payment methods, the funds could arrive in as little as ten minutes. Please check your account for further details and updates.
Also Read: How to Buy Bitget Token (BGB) in Canada
Final Thoughts
With BitGet exchange, withdrawing your crypto and fiat currencies is now more convenient than ever. In just six easy steps, you can effortlessly take out your funds in your bank account.
However, if you don’t have a Bitget account yet, now is the perfect time to create one! By signing up, you can start trading and earn lucrative profits. Follow the steps provided above to withdraw your earnings and make the most of your trading experience.
Frequently Asked Questions
What is the BitGet Withdrawal Fee?
BitGet withdrawal fees vary depending on the currency and the network. The platform charges different fees for different crypto assets, and these fees can vary based on the network used. For example, when withdrawing Tether, the platform charges 1 USDT on the TRC20 network, 0.29 on BEP20, 0.1 on Arbitrum One, and 3.0638816 on ERC20. It is important to check BitGet’s fees page before you withdraw any cryptocurrency to ensure you are aware of the specific fees associated with your transaction.
What are the Withdrawal Limits on BitGet?
According to BitGet’s recent withdrawal adjustments, implemented on Jan 13, 2023, individuals who have completed KYC verification can withdraw up to 3,000,000 USD daily. On the other hand, users without KYC verification can still withdraw assets, but their daily withdrawal limit is capped at 50,000 USD, with a monthly limit of 100,000 USD.
What Happens if My Withdrawal is Rejected?
If your withdrawal request is rejected, you will receive an email notification from BitGet with the reason for rejection. This could be due to insufficient funds, incorrect wallet address, or any other security reasons. In such cases, you can make the necessary changes and resubmit your withdrawal request.
How Long Does BitGet Withdrawal Take?
Generally, it takes one working day to process withdrawals from your BitGet account. However, if you opt for fast transfer or payment methods, the funds could arrive in as little as ten minutes.
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.