How to withdraw from yobit to your bank; My way - Page 11 - For Beginners - CryptoTalk.Org Jump to content
Vivek1997

How to withdraw from yobit to your bank; My way

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Oye, tu información es muy buena para aquellos usuarios que no conocían esa forma de obtener poco interés y enviar sus ganancias de yobit a su cuenta bancaria personal. Es un tema muy útil. Los felicito, sigan creando temas que ayuden a la comunidad. saludos a todos

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Withdraw from yobit is follow, go to wallets, click withdraw, write receiver's address which is your account like coinbase where you hve your credit card binded and request wthdraw to it, then go to coinbase and request withdrawal to your credit card or bank.

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On 2/11/2020 at 3:28 PM, 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.

Yobit withdrawal process is fair. You can withdraw crypto as usual as fiat currencies like perfect money. I enjoy it very much. Most of the time I withdraw through PM USD which is very very fast.

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These steps are very easy and the withdrawal in general is not complicated and I think soon, Ubait will add Paypal to the banks that deal with it, and this matter will solve many problems, especially since Paypal has allowed the purchase and sale of cryptocurrencies recently.

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I know about this method of converting to LTC first and it saves transfer fee. You can obtain more USD's as compared to trading directly. For further proceedings I prefers perfect money due to low transaction fee of 1%

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As for me, I withdraw my money by converting my money into Bitcoin Cash!
Then I transfer it to an intermediary website, who in turn sends it to my bank!
I think the best way is through intermediate sites! In order to reduce withdrawal fees!

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These are clear and understandable steps for me. Thank you for this information, but I want to ask a question if you please

Is the conversion of symbols the same steps that I mentioned for currencies?

For example, when the trade is opened for the symbol TALK, will the withdrawal process be with the same steps I mentioned?

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I actually seek the help of an intermediate agent for converting Bitcoins into the currency of my country. Personally I find the process really difficult. Hopefully after sometime I would be able to sell my Bitcoins by my own so that I need not rely on any such intermediaries for the conversion of Bitcoins into currency. But this post can be useful to many other uses who do this way.

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I also find it a little difficult to sell in yobit platform. But even though the process is a bit complex, there is a guarantee of payment without any scam. This makes the yobit platform really reliable and convenient to many users of this platform. This post has given specific steps that needs to be followed in order to sell of your cryptocurrencies. There are other post as well that provide detailed information in selling cryptocurrencies.

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On 2/11/2020 at 2:28 PM, 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.

It is a good information you shared. 

Withdrawal fee of bitcoin is very high in youbit. 

I think thats a good idea you shared, to withdraw bitcoin from yobit to our local currency. 

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On 2/11/2020 at 10:28 AM, 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.

hello thank you very much for the topic that you have created very useful for beginners on the yobit platform since it will come in handy to withdraw and operate on this great platform since this way it will be easier if they follow your advice
Big winnings and luck for the whole community
a big greeting

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I don’t know if there is a better way or easier way to withdraw yobit and but it’s about your experience and maybe India was a forbidden country from what I learned in this forum and but that’s a great idea. But I think it's a bit complicated. 

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Thank you for this my friend. Great information. This is possibly the best way to withdraw coins. This is the best transferring meathod I could find . It's easy and understandable.  Sometimes the withdrawal fee can be high just know well about transfer and thus it would be helpful.

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Yes, I am like you, but I transfer my money to Payeer Bank via Litecoin currency, then I convert Litecoin into dollars. Then there is a site in my country that converts dollars into paper money. This is all I do. I think that the most important thing is to make profits after that everything is easy The hardest thing is to profit from digital currencies.

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On 10/29/2020 at 8:15 PM, Gideon$ said:

art by converting my coins to LTC and withdraw from yobit to p2p exchanges that supports few different crypto coins and  remitano is a good example,after my coins have arrived as LTC I will simply exchange them to Bitcoins and sell it to a buyer who will  then fund my bank account with local cash so simple.

Obviously @Gideon$ in online there are several methods available to take our bitcoin profit in our local banks, and one of the easy method is p2p trading basically localbitcoin paxful known for p2p trading,

where different countries payment methods available just send our bitcoins as possible as low fees on this platform's, and sell our bitcoin according the buyers prices and send that amount where we want that's it.

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12 hours ago, Honny143 said:

Obviously @Gideon$ in online there are several methods available to take our bitcoin profit in our local banks, and one of the easy method is p2p trading basically localbitcoin paxful known for p2p trading,

where different countries payment methods available just send our bitcoins as possible as low fees on this platform's, and sell our bitcoin according the buyers prices and send that amount where we want that's it.

@Honny143really I wasn't aware that we can take profit in local band that's my first time I'm listening from you I think that's so good because now it's easy that we directly get in bank so that's good if we are here we can learn more like this..

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I haven't received any money from the forum yet since I'm new to this forum. But thank you so much for letting me know in advance about the withdrawal. This will definitely be on my mind next time

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1 hour ago, Mark wood said:

@Honny143really I wasn't aware that we can take profit in local band that's my first time I'm listening from you I think that's so good because now it's easy that we directly get in bank so that's good if we are here we can learn more like this..

@Mark wood bitcoin profit means if we sell our bitcoins to any  p2p trader, then he will sends our amount where we want like PayPal are our local banks, because  localbitcoin and paxful platform's provides their service worldwide, so they offers all payment methods according our country  payment methods select trader.

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1 hour ago, Honny143 said:

@Mark wood bitcoin profit means if we sell our bitcoins to any  p2p trader, then he will sends our amount where we want like PayPal are our local banks, because  localbitcoin and paxful platform's provides their service worldwide, so they offers all payment methods according our country  payment methods select trader.

@Honny143 thanks for your information and your time yes mate I have little information about but I like to ask more because I want more and more information for the purpose of bright future you know in very less time I have learn many things just because of cryptotalk because I spend maximum time here..

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8 minutes ago, Mark wood said:

@Honny143 thanks for your information and your time yes mate I have little information about but I like to ask more because I want more and more information for the purpose of bright future you know in very less time I have learn many things just because of cryptotalk because I spend maximum time here..

@Mark wood   its my pleasure mate and  good to heard you want learn more information, its really good and this forum right places where we learns so much information, and in future this information really useful for us and make our future bright, so spent more time and explore other section topics also.

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It is a little difficult process... The money we get in crypto it given bitcoin... When we withdraw our money first it   convert bitcoin to litcoin...then we withdraw earning money.....  It defecate some fees to us when we withdraw.... Then we can withdraw my bitcoin....    

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Yes you are right, withdraw of btc require high fee on every exchanger so we need other coin for maintain our profit. So first i trade btc and then converted it into USD or  trx because trx or USD has very lowest fee for withdraw. For usd i used perfect money or for trx any crypto wallet supported trx. Only 10 trx or 1% on usd require for withdraw and transactions are very fast. So through that way we cant pay high fee. 

Edited by gbfisher
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I understand this i am near to complete ny first 100 post and soon i will earn money from this site and i was unaware from the withdrawal process now i am aware i become aware from this at the time bundle of thanks for this useful post

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Thanks for the information. It is true that we can withdraw our income and convert it to fiat easily, but in my opinion, if our bitcoins are directly converted to fiat, it is not profitable. It's better to collect our satoshis little by little, then hold on until the bitcoin price goes up, this year there is half of bitcoin, of course this will increase the price of bitcoin, we can multiply it when the bitcoin price rises.

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it's accurate approach and greater easy but i think the rate become little bit excessive evaluating from chickening out your crypto and then promote it to your local community or neighborhood platform on your country, this changed into from my revel in now not certainly positive how the others.

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