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How to withdraw money from Blockchain

Cómo retirar dinero de Blockchain

To withdraw money from Blockchain wallet or any other wallet you have to change the cryptocurrency or cryptocurrencies you have to the currency you want. You cannot withdraw a cryptocurrency, because the only place you can have it is inside a wallet, in this case the Blockchain wallet, among many others.

The easiest way is to change the cryptocurrency in your wallet to your currency in order to have your money in the bank account linked to the wallet where you have the cryptocurrencies. Each wallet has different ways of doing this, but the process is the same. In all of them you have to exchange the cryptocurrency for your currency to deposit the cash in your bank account. Click on the link below to see how to retrieve money from blockchain in each wallet.

Alternatives

If you have already managed to withdraw your money and have it in your account, or you have had any problem to do so. We are going to see different alternatives, where you will not have this kind of problems to withdraw your money and have it back in your bank account.  Below, we show you different platforms where you can buy the cryptocurrencies you are most interested in, with a great variety, and once you want to sell them, you can withdraw the money in your account without any problem. They are very reliable platforms, which ensures that your cryptocurrencies or your money, backed by millions of users, cannot be lost.

If you have had a bad experience with a platform or wallet, next time buy through these platforms, and you can save yourself the trouble of not being able to get the money in your bank account.

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

5/5

How to withdraw Blockchain money to bank account

In case you have any cryptocurrency with Blockchain, there are two options:

  • Having your cryptocurrencies on a platform
  • Having your cryptocurrencies in a Wallet

There are many wallets and platforms where you can store your cryptocurrencies, buy, sell and make different types of operations.

In order to withdraw the money from the cryptocurrencies in your bank account, you must sell the cryptocurrencies for the value they have at that moment, and transfer the balance you have in the platform to your bank account.

Keep in mind that you will always have to sell your cryptocurrency first, in order to transfer the money to your account, as this is the only way to have the money in your bank account.

Below you can find the most used platforms and their guide to withdraw money from them to your bank account directly:

In case instead of having it in a centralized platform like the ones we just saw, you have it in a wallet, you can also find a step-by-step guide to learn how to withdraw your cryptocurrencies from the blockchain to your bank account. With the following wallets:

How to withdraw Bitcoin to a bank account

To withdraw Bitcoin, it is the same as with other cryptocurrencies. You can have your bitcoins stored on a platform, where you usually or in the past bought them, or stored in a wallet.

In both cases, what you have to do is the following:

  • See the value of the amount of bitcoins you have.
  • Sell the amount of bitcoins you want to have in your bank account.
  • Once you sell your bitcoins on one of the platforms, you will see the cash you have obtained in your account.
  • Once you have the cash in the platform or wallet, simply look for the option to transfer to my current account.
  • With this, you will be able to have the money for the amount of bitcoin you have sold in your bank account.

Please note that the platforms, from the time you sell the bitcoin, and send the request to make the transfer to your bank account, can take more than a day, and may have some commission. It is best to check the fees for retrieving money from your account on the platform or wallet you use to find out more. Although usually, this fee is very small or non-existent.

Platform: Binance
Min. deposit: 10$.
Licence: Cysec

Very low commissions
Exchange with more cryptocurrencies

5/5

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