How to withdraw from yobit to your bank; My way

[Vivek1997 437]

Withdrawal of bitcoin is little complex process, i follows following procedure:

1) Trade your bitcoins to other cryptocurrency like litecoin or ethereum, because they have small transfer charges,

2) Withdrawing litecoin, converted from bitcoins, into wazirx wallet,

3) litecoin to USD without any fee,

4) Selling USD to rupees (min 14.5 USD)(you need to complete kyc for this process).

That's it, enjoy your money.

[Ali_hmwi 966]

18 minutes ago, Vivek1997 said:

Withdrawal of bitcoin is little complex process, i follows following procedure:

1) Trade your bitcoins to other cryptocurrency like litecoin or ethereum, because they have small transfer charges,

2) Withdrawing litecoin, converted from bitcoins, into wazirx wallet,

3) litecoin to USD without any fee,

4) Selling USD to rupees (min 14.5 USD)(you need to complete kyc for this process).

That's it, enjoy your money.

Thanks for the information i was spending alot of moneybon fees in the platform. good luck for you all... 

I saw that they take 10 trx  all that woooow.

[israkom17 27]

Wow this is a nice idea. But  a little complex. I don't know if there's a better way or easier way to withdraw yoda. I think the charges is too much to withdraw it directly. 

[Gg233 1061]

That’s really hard way I think there’s is a good wallet that will convert that coin to usd then send to your bank account and it’s better to have exchange in your country.

[Hanan951 841]

15 minutes ago, Ali_hmwi said:

Thanks for the information i was spending alot of moneybon fees in the platform. good luck for you all... 

I saw that they take 10 trx  all that woooow.

Yes that us true they take 20 cents as a fees for withdraw it is hard in the new crypto users in here. I don't think they may make it lower than this...

[Red dragon 299]

It's quite easy you can transfer your Bitcoin into other  bank account but the problem is BTC is very high, first you have to convert to perfect market and then transfer into bank, it's so long process by the way..

[Mr.Bit 212]

Thank you so much for this wonderful information. I will to that for my future withdrawals. Because I want to receive it in my bank account I hope I can earn a lot very soon Good luck to every one happy posting.

[Cimmy_revenger 42]

Withdraw using bank conventional fee is very expensive , I'am not recommended using that.

If I'am withdraw always using LTC to transfer in exchanger my country support FIAT or I Will sell my token to my friend .

[Zaino34 0]

This is a very useful topic. You are right. There are some currencies that have a high withdrawal fee from the platform like Bitcoin, so I am converting them to etherum because the withdrawal fee is low, about $ 1 only.

[Afrizal rahman 2636]

You're right, even Xrp is also known for coins that are very cheap in exchange, I use Xrp coins and exchange them for rupiah with additional applications from third parties.

[vermigerous 134]

1 hour ago, Vivek1997 said:

Withdrawal of bitcoin is little complex process, i follows following procedure:

1) Trade your bitcoins to other cryptocurrency like litecoin or ethereum, because they have small transfer charges,

2) Withdrawing litecoin, converted from bitcoins, into wazirx wallet,

3) litecoin to USD without any fee,

4) Selling USD to rupees (min 14.5 USD)(you need to complete kyc for this process).

That's it, enjoy your money.

Your strategy is good. But me, i usually convert bitcoin into xrp ripple and send to external wallet of ripple coins.

[Muhammad Hamdan 697]

Thank you very much for this but can you tell me more about wazirx wallet?

How does it cost in US dollars compared to when you are with drawing from yobit.

Because the last time i tried to withdraw from yobit it asked $11.79 withdrawal charges  which was too high for me. 

[Brithney24 286]

Withdraw money from yobit is not a big issue, anyone can do this simple task. First we have to create yobit exchange then we have to connect our cryptotalk account. Then trade our bitcoin to trx coin because withdraw fee is very law, then we can withdraw our coin my desire wallet.

[Whited35 15285]

There is another direct way that can works almost every users around the world because USD is accepted everywhere. Just find BTC/USD trading pair on yobit exchange. After that withdraw USD to either Perfect money or payeer and than transfer it to your bank account. 

[Mukty112 68]

I haven’t receive money yet because i didn’t reach 100 post.To withdraw i will convert btc to ltc then i will transfer it to coinbase and sell them..     

[doriahailee 643]

It's good method and more simple but i think the fee was little bit high comparing from withdrawing your crypto and then sell it to your local community or local platform on your country, This was from my experience not really sure how the others.

[Jeet Narayan 1940]

You information is good but wazarix accept only India not others country. It means your post is targeting indian users. I think this is great information for Indian users.

[Beeba 240]

That's new thing for me....

Thank you so much....

I check various time withdrawal from yobit to my crypto wallet but i found 12000 satoshi fees. This is big fees for me. This is good idea that change the bitcoin in litecoins or other crypto coins then take withdraw....

[pakjobhelp 1585]

Yes boss i follow this method for taking withdraw from yobit to direct my coinbase crypto account. This is very easy method and take 10 minutes for completing procedure. In my opinion all crypto talk member covert own bitcoins in different crypto coins due to high fees.

Best of luck crypto talk member work hard and earn more..

[Tech Gupta 58]

Your Way Is Absolutely Right Bro And Any Person Can Follow This And Can Transfer Their Assests To The Bank With A Simple Procedure By Following You, I Use CoinDcx For Trade So People Can Also Use It And Convert.

[maxiway 44]

good information, my best methods are litecoin and rubles, to avoid high commissions, if you have a payeer wallet you can send it there and also change it to the crypto you want.

[Armcannon 858]

Yobit allows you to widraw your cryptocurrency assets into bank account.just exchange your coins into USD and you can cash it out thru payeer or perfect money mode of payment.

[Muhammad ayyan 811]

Sorry to say I don't  understand fully your method. I suggest to transfer your btc in USD. Then take withdraw in perfect money. Then you can transfer your money to your bank.

[Benjamin 84]

Well, this is the best way to withdraw our coins in every e-wallet such as yobit exchanger etc. Because its mentioned by the creator of this thread that it has a huge amount of withdrawal fee if we totally withdraw bitcoin so that we need to exchanged it into other coin.

[Mom0 222]

I think for right now you can't do that Because still cryptocurrency does not have a central bank I think you only can Withdraw your cryptocurrency throw kindness and sell them to a local contractor. Otherwise if your country e approach cryptocurrency and If your country has a cryptocurrency ATM then you can withdrawal it through the ATM directly.