How to withdraw money from a blockchain wallet: step-by-step instructions

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With the development of the cryptocurrency industry, many methods of earning digital assets have emerged. At the same time, the range of opportunities to spend them is expanding. However, despite all the efforts of enthusiasts, the technology has not yet become widespread.

The number of online stores where you can pay with cryptocurrency is limited, and finding points that accept digital money in the real world is even more difficult. Therefore, for many users, the question of how to withdraw money from a blockchain wallet remains relevant.

Methods for withdrawing from a blockchain wallet

The withdrawal options are the same as on other similar services (from brokers, exchanges, financial markets, HYIPs, etc.), even those working with fiat.

Methods for withdrawing cryptocurrency from the Blockchain.info wallet:

• direct exchange;
• exchanges;
• exchangers
• payment systems.

Beginners are interested in transferring cryptocurrencies directly to a card in fiat equivalent. The operation can only be carried out using third-party services or third parties. It is not possible to withdraw directly from the blockchain to the card.

By the way, you can withdraw (enter or store) in addition to Bitcoin, Ethereum and Bitcoin Cash.

Direct exchange

A simple method that involves transferring cryptocurrency to an online currency wallet. They, in turn, transfer money to your card or e-wallet account. This method is fraught with the danger of running into scammers who will subsequently not return the money. So you should use this service only from trusted online currency providers. In addition, they set the course on their own, which may not be beneficial for the user.

Withdrawing money using the exchange

One of the most popular methods for withdrawing funds. This is explained by the security of all transactions made through the exchange, the ability to withdraw funds to many payment systems and an adequate exchange rate.

To withdraw money using the exchange, you need to top up your balance with cryptocurrency; In this case, not only Bitcoin is suitable. The minimum deposit threshold is 0.001 bitcoin. Next, the virtual money is transferred to the currency you need and sent either to a card or to an e-wallet. There are many exchanges, one of the most reliable is considered Coin Galaxy (the commission for replenishing the balance will be 0%).

A commission is charged to the user after transferring funds to a wallet or card. Yandex-Money writes off 1% of the total amount; when withdrawing money to a card, 4.5% of the total amount is withdrawn.

Exchangers

Cryptocurrency exchangers today are considered one of the easiest and fastest ways to withdraw digital currency into any fiat equivalent. Nowadays there are thousands of such services on the Internet, and finding them is not difficult.

In the Russian-language segment of the network, in order to avoid being exposed to unreliable sites and scammers, it is recommended to use the BestChange aggregator. This is a simple search engine that contains reliable exchangers. Here you can consider statistical indicators of services, such as:

• proposed course;
• reserves of specific currencies;
• reviews from other users.

At the same time, the platform itself supports only reliable exchange services, and fraudulent sites are quickly identified and removed from the lists.

To exchange cryptocurrency from a blockchain wallet through exchangers, you must:

1. Indicate in the menu list the digital asset that needs to be exchanged.
2. Select the payment system to which you want to withdraw money from the blockchain wallet (there are many options, including Yandex.Money, Qiwi, PayPal, bank cards, etc.).
3. After the service generates all working exchangers and their current rates, choose the most suitable one in terms of the ratio of prices and commissions for its services.
4. Read reviews to make sure the exchanger is reliable.
5. Log in to the online service website and follow the instructions.
6. Most often, to complete a transaction, you need to enter your details (where you need to transfer fiat currency), as well as make a transaction to the cryptocurrency address specified by the exchanger.

It is worth noting that there are services that operate automatically, with instant withdrawal of money, and there are sites in which the transfer of funds is carried out manually by the operator. Of course, it is better to choose automatic exchangers, this way you can protect yourself from unnecessary fraud with currency, and the withdrawal will be as quick and comfortable as possible. In addition, automatic services most often operate 24 hours a day, 7 days a week.

However, along with the advantages in the form of speed, relative reliability, variety of EPS to which the crypt is withdrawn, exchangers also have their disadvantages:

• in addition to the transaction commission, services can also set rates that differ significantly from the market average;
• a relatively small selection of cryptocurrencies for exchange, for example, only Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Monero, Dash, Ripple, Dogecoin, Zcash, Tether are available on BestChange.

Therefore, experienced users rarely use exchangers and prefer other options for withdrawing digital assets.

Payment systems

To withdraw Bitcoin, you can use a variety of payment systems. Advcash stands out qualitatively from the rest.

The exchange is carried out after:

• registering on the site;
• replenishment of the internal bitcoin account;
• creating a withdrawal request.

The advantage of this method is the possibility of receiving rubles not only to a bank card, but also to a variety of electronic wallets.

Blockchain Wallet: History

Launched in August 2011 as Bitcoin Wallet Blockchain, i.e. exclusively as a wallet for Bitcoin. Also at that time, the site, which was originally hosted in the .info domain zone, had a block explorer, also only for the Bitcoin network.

In 2013, Blockchain became the most visited Bitcoin-related website. At the beginning of 2014, the number of wallets created using this service exceeded 1 million.

In the fall of 2014, venture capital companies Mosaic Ventures and Lightspeed Venture Partners invested $30.5 million in the Bitcoin wallet Blockchain.info. At that time, this was a record for attracting investments in the cryptocurrency sector.

In the summer of 2016, the number of transactions made using this online wallet exceeded 100 million. A year later, another round of financing took place, within which $40 million was raised from a dozen companies and private investors.

In August 2022, the Blockchain Bitcoin wallet became multi-currency, as support for the Ethereum (ETH) cryptocurrency was added. In December, the list of assets that could be interacted with through the service was supplemented by the Bitcoin Cash (BCH) cryptocurrency.

In July 2018, Blockchain.info moved to the .com domain zone. In parallel with this, the site was redesigned. In November of the same year, support for Stellar (XLM) was added to the wallet and an airdrop was announced in this currency for verified accounts (still ongoing).

On May 1, 2022, the Blockchain wallet began supporting the Paxos Standard (PAX) stablecoin, giving users the ability to store their savings in a digital dollar equivalent.

How to withdraw money from a blockchain wallet to a card

Blockchain Wallet does not support the function of direct transfer of bitcoins to a card. One way out is to transfer funds to an exchange, where they can be exchanged for the usual dollars, rubles or hryvnia. Let's look at several popular sites that support local currencies:

• EXMO - focused on the CIS market. Supports UAH, USD and EUR bank cards and transfers in RUB, PLN and USD. Works with Qiwi, Payeer, AdvCash and other systems. The transaction fee is 2%. For withdrawal of money to Visa/Mastercard in hryvnias, compensation is 8% of the amount + 30 UAH, and in rubles - 3.5% + 100 RUB. In rubles, the minimum transfer amount per day is 3,000 RUB, and the maximum is 14,000 RUB. In hryvnia, 100 UAH and 10,000 UAH per day, respectively.
• CEX - citizens of Ukraine cannot withdraw fiat money to their cards. The daily withdrawal limit is 2000 euros. Translation in RUB, USD, EUR, GBP is supported. For withdrawal to Visa/Mastercard you will have to pay 2.5% + 30.00 rubles. For the transaction you need to pay an additional 0.2% of the amount.
• Kuna - allows you to withdraw UAH to the accounts of Ukrainian banks, including Privat24 from PrivatBank. Transaction commission - 0.25%. You can withdraw a minimum of 100 UAH. Compensation to the site will be 1% of the amount.
• YoBit is a Russian platform that supports RUR, USD, EUR cards, as well as payment systems Qiwi, WebMoney, PerfectMoney, Payeer. Compensation per transaction 0.2%. To withdraw, you will have to pay from 1% to 7%, depending on the site and currency.

Let's take EXMO as an example. To register, you must provide your login, email and password. Afterwards, go to your EXMO wallet and find Bitcoin in the list. On the right is the inscription “Top up”, click and go to the account replenishment page. Copy the wallet address.

Log into your account on Blockchain.info and select the “Submit” option. Having selected bitcoins, insert the number from EXMO and the amount. You can choose a commission - its size affects the speed of transaction processing. After clicking “Continue” we wait for the bitcoins to be transferred to the platform.

How to withdraw money from the blockchain: send bitcoins from your wallet

You can transfer bitcoins to fiat in the “Exchange” or “Trading” tabs. In the first, we write the amount of cryptocurrency and select suitable fiat currencies, for example, the ruble.

To sell BTC in the “Trading” tab, you need to select the “by limit” or “by market” method. In the first case, the user can set the amount himself. In the second, it will be determined by the site.

To withdraw euros and dollars to Visa/Mastercard, you need to verify your identity. To go to this section, click on the user name at the top and select “Verification” from the menu. After verifying your identity, you can make a withdrawal.

If the user withdraws rubles to a Russian bank card, then verification is not required. You just need to select the second method from above to transfer funds.

We go to “Wallet”, find the currency we need and click “Withdraw”. Then we select a method, fill in the data and complete the transaction.

How to withdraw from the blockchain to a card on other exchanges? The algorithm is similar, but there are some differences considering the functionality of the platform.

You can also use exchange services. Popular ones include Prostocash, 60cek.org, Xchange. You can track the exchange rate on the Best Change tracker.

Using certified exchange offices

Typically, the easiest way to withdraw Bitcoin from a Blokchain wallet is to use exchangers. If you do not speculate on the stock exchange, but prefer a fixed exchange rate, this is an excellent option. The main thing is to choose a reliable exchanger and not come across scammers.

Sites for monitoring exchange offices, such as bestchange, are suitable for this, where you can select a suitable exchanger, look at the reviews, and withdraw your Bitcoin in a few clicks. Let's use the Bestchange service as an example to look at how to choose an exchanger and withdraw coins to popular payment systems.

Advice! Pay attention to the “Calculator” and “Double Exchange” tabs, in the first you can calculate the amount received for the number of bitcoins withdrawn, and in the second you can find a better offer, although you will have to do twice as many gestures.

Yandex money

First, go to the website bestchange.ru (registration is not required) and select a currency pair. In our case, this is: Bitcoin (BTC) – Yandex.Money. Available exchange offices appear on the right (their number varies). By default, they are ranked from the more favorable rate.

We select the site, click on it with the mouse and in the window that opens, indicate the amount of bitcoins to be withdrawn, the number of the YaD wallet and contact information. Then click on the “Continue” button and go to the next page. We copy the transfer address and paste it into the recipient line in the withdrawal form on the blockchain website.

An example of a transfer in the exchanger bestcoin.cc

Please note: each exchanger has a minimum and maximum transfer amount. In this example, the minimum number of bitcoins is set to 0.019 BTC.

Transfer to card

To withdraw Bitcoin to a plastic card, you can also use the BestChange service. To do this, select the Bitcoin (BTC) – Visa/MasterCard pair in the table, go to the exchanger from the list, and enter the details (amount in bitcoins, number and full name of the card owner, email). You will then be provided with the address of the wallet to which the coin is transferred. As a rule, after three confirmations, the money is transferred to the card.

WebMoney

Just as when withdrawing Bitcoin to a card or card, we select a currency pair (BTC – WMR for example). Here we see that direct exchange is prohibited by the WebMoney service, and the exchange rate is not encouraging, so we go to the “Double exchange” tab, where you will see how to withdraw Bitcoin through the transit payment system. We choose an exchange scheme that is convenient for you. For example, first we make a transaction to YaD or a bank card according to the instructions above, and then we make a transfer to WebMoney.

Registration of WMX wallet

You can store your bitcoins in a special WMX wallet. To do this, you must first create it. Please note that the option is available for a certificate in the system with a status of at least formal .

QIWI

There should be no problems with withdrawing Bitcoin to your QIWI wallet. On the BestChange website you can find more than 40 reliable exchange offices with different rates. The translation procedure is similar to that of the YaD, so we will not describe it.

How to withdraw money from Blockchain to Qiwi

Many people are interested in how to transfer money from blockchain to Qiwi. This can be done with the help of exchanges and exchangers. If we compare the two withdrawal methods through the exchange - to Visa/Mastercard and to QIWI - the difference is small. In EXMO you just need to select this payment system. The algorithm remains the same, both on the exchange and on the blockchain. How to withdraw money using an exchanger is a more interesting question.

For example, let's take the Prostocash exchanger. It works with a number of Russian banks, as well as payment services Qiwi, Yandex.Money, Perfect Money and other platforms. There is no information on the site about the size of the commission. On such platforms it is usually included in the exchange.

We go to the Prostocash.сom website and configure the exchange parameters. We choose which coins we give away and which fiat currencies we receive. In our case, BTC and QIWI RUB. The minimum transaction amount is 0.01 BTC, and the maximum is 5 BTC. Prostocash will calculate how much fiat money we will receive. Enter your QIWI account number, email and click start exchange.

How to withdraw money from blockchain to qiwi: sending bitcoins through the exchange service After the transition, the service will warn you how long it will take to confirm the transaction.

The new page shows the number to which you need to transfer BTC. We copy it and go to the blockchain wallet, where we select the “Send” option. We do everything by analogy with the above example with EXMO. We confirm the transaction and click “I paid” on Prostocash.

We are waiting for transaction confirmation, payment verification and application processing. Prostocash notifies you of changes in status via email and your personal account on the website in case of registration. Currency conversion takes no more than 15 minutes. It is not necessary to register, but in this case the user will receive a cumulative discount.

conclusions

You can transfer money from the blockchain using exchanges and exchangers. Exchanges are considered more reliable and secure. In addition, you can buy and sell rare cryptocurrencies with them. But you will have to pay for withdrawal of funds.

Exchangers charge a commission only for the transaction. They are less secure and only support popular coins. But they are easy to use, and you can carry out transactions at any time. But there is a higher chance of encountering scammers.

The best advice is to carefully study the advantages and disadvantages in each individual case before choosing a translation method.

Withdrawal from Blockchain via WebMoney

Algorithm of actions on how to withdraw funds:

1. Log in to your Blockchain account. To transfer bitcoins, click the Send button.
2. Fill out the form (recipient's wallet address, amount, comment). If necessary, you can make a payment template, according to which money will be automatically transferred to the specified account.
3. Go to the website of the WebMoney payment system.
4. The WMX on which the bitcoin transaction was carried out opens.
5. Cash savings are withdrawn to any bank card or e-wallet, which must be linked.

To withdraw money using WebMoney, a WMX bitcoin wallet is first created in the system. The service commission is 2% of the transaction amount.

What is Blockchain Wallet?

Although the real excitement around cryptocurrency arose only after a significant increase in the value of bitcoins, services for servicing them appeared much earlier. Back in 2011, the Luxembourg-based company created the “Blockchain Wallet”. At its core, this is a standard electronic wallet, but the account stores not the usual banknotes, but cryptocurrency. As in the case of Yandex.Money, Webmoney and other EPLs, the user can replenish his account and withdraw funds from it.

The service is completely free. You will not have to pay for registration, authorization and software installation. The fee is charged only for the withdrawal of cryptocurrency (the commission is a certain percentage of the transfer amount). Currently the system works with:

1. Bitcoins.
2. Ethereum.

Blockchain electronic system

Other cryptocurrencies are not supported. Citizens with smartphones running iOS or Android have the opportunity to download and install the special Blockchain Wallet application. It allows you to access your wallet directly from your phone, without using web resources.

How to withdraw to a Privatbank card

Privatbank is the largest Ukrainian bank; it has representative offices in many countries around the world. Of course, it is impossible to directly withdraw bitcoins or any other cryptocurrency to the card of this bank, as well as to the Sberbank card. But there are roundabout ways that allow you to convert bitcoins not only into rubles, but also into hryvnia.

Why Privatbank is so popular:

• Privatbank is trusted by many exchange offices.
• When exchanging for Privatbank hryvnia, the commission for transactions is slightly lower than when exchanging for rubles. Ukrainian laws do not restrict cryptocurrencies, as happens in Russia, and therefore the commissions are not so large.
• Privatbank clients can use the privat24 online service.

But how can you get cryptocurrency to your Privatbank card account? Through exchangers. The already mentioned monitoring of Bestchange exchangers will help you choose the best resource. Then you just need to follow the instructions:

• Specify the wallet from which we withdraw Bitcoins to the card;
• Enter the amount to withdraw money;
• Indicate the bank card number to which the money will be transferred;
• Apply for an exchange;
• Pay the bill;
• Wait for the money to arrive on the card.

Any exchanger works according to this scheme; you just need to indicate the direction of exchange.

Withdrawing funds to a blockchain wallet

In some cases, it is necessary to transfer money to the blockchain. There are several ways you can do this.

Nicehash: withdrawal to blockchain

Nicehash is a large service that allows you to transfer regular money into cryptocurrency. After registering on the service, the user needs to enter the address of the blockchain wallet or CoinBase to withdraw (for the first method the commission will be 0.5%, for the second - 0) and the required amount. However, on the NiceHash service, withdrawals are allowed only once a day.

Transfer from Minergate to blockchain

Minergate is one of the largest mining pools on the network. Miners working on it collect any incoming information into blocks and add it to a special distribution register. The algorithm for transferring money from this site to a blockchain wallet is quite simple:

1. On the Minergate resource, click the “Withdraw” icon.
2. Enter the requested information (indicate the wallet address as on the blockchain wallet).
3. Confirm the transaction.

Important. Blockchain Info only supports three types of cryptocurrencies: Bitcoin, Bitcoin Cash and Ethereum.

Blockchain faucet

Faucets are sites that reward users with cryptocurrency (usually a Satoshi, the smallest unit of Bitcoin) for completing small tasks. In this case, the amount is sent to the blockchain without charging a commission. However, some resources transfer funds first to macro payment services such as XAPO, FaucetHub and Coinpot.

Popular services: Freebitcoin, ClaimBTC and BattleBit.

Therefore, there is no direct way to transfer money to Webmoney or a card using the Sberbank service. The user, depending on the transfer amount and other factors, selects the option he needs: through an exchanger, stock exchange, etc.

Direct exchange

This method of withdrawing Bitcoin involves transferring coins to the blockchain wallet of another user, who, in turn, sends money to your account in any payment system (Yandex.Money, WebMoney, bank card, etc.). To put it simply: you transfer Bitcoin within the service (blockchain), and they send you money using any means of payment.

. The method of withdrawing bitcoins is profitable (there is no commission for transfers between blockchain wallets of the same type), but dangerous - strangers can cheat. Use direct exchange with those you trust: trusted partners, friends and relatives.

How to withdraw money from a paper Bitcoin wallet - step-by-step instructions

Paper Bitcoin storage is considered the most reliable and is usually used for long-term storage of crypto coins. Creating them is very simple: just go to the Bitcoin address generator website and print out a paper with a public and private key. Such services include bitaddress.org, walletgenerator.net, bitcoinpaperwallet.com. After receiving the address, you need to send BTC to it, this can be done through an exchanger or by transfer from another crypto storage.

Bitaddress.org website page for entering the private key of a paper Bitcoin wallet

If creating and replenishing a paper Bitcoin wallet usually does not raise any questions, then with the withdrawal it is not so simple. The operation algorithm depends on whether you used BIP38 encryption when creating the wallet.

If yes, then the withdrawal instructions will be as follows:

1. We scan the QR code of the private key on the right side of our paper storage.
2. We go to the site where we generated the address and key. Select the “Wallet Details” tab. If the interface is in English, it may be called Wallet Details.
3. We enter in the appropriate field the private key that was displayed when we scanned the QR code, and the password BIP38.
4. Go to the Bitcoin wallet you are using and import the keys into it. For example, in a blockchain wallet, you can import addresses in the “Settings” section (the “Addresses” tab).
5. After displaying the address balance in the wallet, you can transfer money to fiat. We discussed how to do this with Blockchain.com above.

If the BIP38 encryption method was not used, then importing the address is even easier. The key displayed when scanning the QR code will be used to gain access to the funds.

Interface and functionality of the Blockchain wallet

The service interface is quite user-friendly, adapted to Russian (not perfect, but quite acceptable) and intuitive. On the left there is a menu with which you can navigate between the available functionality of the Blockchain wallet:

• A dashboard that displays a Bitcoin chart by default (you can select other currencies) and account balance - both general and separately for the online wallet and hardware wallets connected to it (the same data is present in the drop-down menu in the upper right corner of any page site);

Dashboard

Source: Blockchain.com

• Buying and selling is an option that allows you to buy or sell Bitcoin for fiat funds (using a bank card). Unfortunately, this opportunity is not yet available to residents of the CIS countries. It can be used only in the EU, India, Iceland, Liechtenstein, Norway, Switzerland, Monaco, San Marino and some US states;

Buying Bitcoin via Blockchain

Source: Blockchain.com

• Swap is a tool for instant exchange of cryptocurrencies supported by a Blockchain wallet at the current rate. To access it, the user must provide basic information (mail, name, date of birth and residential address). In this case, the annual limit on the exchange of funds will be $1000. To increase the limit to $25,000 per day, you need to undergo full verification;

Exchange cryptocurrencies through available tools

Source: Blockchain.com

• Hardware - Here you can connect a hardware wallet to your account to manage assets stored on your device. Connection available with LEDGER Nano S and Blockchain Lockbox (branded version of the same model).

Connecting hardware wallets

Source: Blockchain.com

Immediately below the menu items is a list of available cryptocurrencies. Selecting any of them opens a page with the options “Receive” (the wallet address for receiving funds is displayed) and “Swap” (the exchange tool already described above).

Example of a page for a single cryptocurrency

Source: Blockchain.com

There are also tabs for switching between lists of transactions of different types (receiving, sending, exchanging), as well as the “Export private key” button, when clicked, the private key of the wallet of the selected cryptocurrency is displayed. With its help, the address created through Blockchain.com can be accessed through any other wallet.

Exporting private keys

Source: Blockchain.com

Also in the site header there is a panel with buttons “Update”, “What’s new?” (system notifications) and Frequently Asked Questions (FAQ). Nearby are links to “Security Center” and “Settings”.

Buttons in the header of the wallet website

Source: Blockchain.com

How to withdraw money from a Bitcoin hardware wallet?

Hardware wallets are popular among those users who invest heavily in cryptocurrency. In terms of protection against hacking, it is, of course, inferior to paper storage, because installing malware can lead to loss of funds. However, if we talk about the balance of ease of use and reliability, then this is the “golden mean”, despite the fact that the devices cost about $100. The most famous on the market are Ledger and TREZOR.

With hardware storages, the situation is the same as with paper ones: creating and replenishing them is not difficult, but the issue of withdrawing funds is not so easy for a beginner to understand.

Withdrawing money from a Ledger or TREZOR Bitcoin wallet is carried out in a special client for managing money. In the first case, this is the Ledger Wallet Bitcoin extension, in the second, the Trezor Bridge application. There is one important point here: programs must be installed exclusively from the manufacturer’s official website. These are ledgerwallet.com and wallet.trezor.io.

After installation, familiarize yourself with the management interface. To withdraw money from a Bitcoin wallet, you can use an exchanger according to the instructions we offered above. However, there is a second way - through the exchange. For this:

1. We enter the BTC wallet interface on the exchange and select its replenishment. After this, the system will generate a Bitcoin address that needs to be topped up. At this stage, it is important to take into account the limits and input thresholds on the service. For example, on the Eksmo exchange the minimum deposit in Bitcoin is 0.001 BTC. There are no commissions for depositing cryptocurrencies on most sites.
2. In the Bitcoin hardware wallet management interface, go to the “Send” tab and enter the address generated on the exchange as the recipient’s data.
3. After the funds are credited, we withdraw them from the exchange to the EPS or card according to the algorithm discussed above.

What difficulties may arise

Cryptocurrency does not currently have a proper situation, so problems often arise when withdrawing funds. You should know about all these points in advance:

• You are unlikely to be able to withdraw a very small amount from your wallet, since all exchanges set minimum limits, for example, 0.005 Bitcoin or more.
• Sometimes there are difficulties in finding an exchanger that transfers cryptocurrency. Be prepared to spend a lot of time searching.
• If you do not use special services, but the services of intermediaries, then you need to take into account that the transfer procedure will be long. Such an exchange does not occur automatically, which means it cannot be done quickly.

You will receive money on your card including commission. In addition, the conversion will take place at the exchange rate, which is usually a little lower there. In some cases, you should wait a little and get more money. The fact is that Bitcoin is constantly rising in price, and in a month you can get twice as much money. However, do not forget about the risks that, of course, exist if you store money in cryptocurrency. You should not store too large amounts of money in Bitcoins, which you will be sorry to lose later.

Withdrawing funds from a Bitcoin wallet to a card is also possible in Ukraine. To do this, you will need to use a Privatbank account. Here it should be clarified that you can, in principle, withdraw money to a card of any bank. The commission amount does not change depending on the selected bank. You can transfer funds to bank accounts in Russia, Ukraine, Belarus or Kazakhstan.

Where is it more profitable to withdraw Bitcoins?

When talking about how to withdraw Bitcoins from a Blockchain wallet, you definitely need to think about where exactly to make the transfer. These monetary transactions are attracting more and more attention, because the value of Bitcoin is growing, which means that services are interested in keeping the money with them after the exchange.

Let's look at several options where you can withdraw Bitcoins from your entire cryptocurrency wallet:

• Map. Since almost all solvent citizens have this small piece of plastic, it is most convenient for ordinary people to withdraw cryptocurrency to it. At least in theory. Today there are a countless number of cards that were developed specifically for the purpose of safely withdrawing cryptocurrency to them. Among the most popular are debit cards such as: Wirex, CoinsBank, CryptoPay, Xapo, Shift, BitPay, Bitwala, SpectroCoin, TenX. They attach directly to a cryptocurrency wallet and convert funds from it to their account. You can withdraw all this at an ATM. In addition, do not forget about cards from regular banks. You can also withdraw cryptocurrencies to them. True, not directly from the wallet, but through intermediaries;
• Payment systems. Payment systems and crypto wallets have a lot in common, except perhaps for a more complex security system and the absence of a central authority that manages all operations. That is why it is so convenient to withdraw cryptocurrency to these accounts. Among the most popular payment systems where owners of digital coins prefer to withdraw their hard-earned money are Qiwi, Yandex.Money and PayPal. And on Webmoney they even introduced an analogue of Bitcoin, so cryptocurrency can be withdrawn there directly, even without intermediaries. True, the commission there is rather large, but there is no unnecessary hassle;
• ATMs. Special Bitcoin ATMs dispense cash when you exchange Bitcoins in your account. In this case, the question does not arise where to withdraw Bitcoins from Blockchain, since the person receives the money in his hands. Although this option has its own nuances. For example, ATMs are only available in large cities. But this is not the main thing. Another problem is that you have to pay a very high commission to cash out cryptocurrency. Sometimes it reaches 11%. And few people want to give so much when there is a cheaper alternative.

In general, whatever one may say, the main factor when choosing the most profitable place to withdraw coins remains the size of the commission. People don’t want to pay extra, even if it means sacrificing some comfort.

Which method is more profitable?

Assessing the benefits of each exchange method depends on the needs of the client, because some want speed, while for others it is more important not to lose money. In the first case, you need to contact automated exchangers, which will allow you to carry out the procedure for transferring bitcoins to rubles without human intervention, although they will ask for an increased commission. If increased profit is what you want, then go to a cryptocurrency exchange or the WebMoney service, they offer clients small commissions, while in the second case the wait is also minimal.

General recommendations

Withdrawing Bitcoin from a blockchain wallet is a task that is feasible for any user. The main thing is to take care of safety and find good exchange conditions. To do this, follow the following rules:

• To avoid paying “draconian” fees, choose the “Custom” method of withdrawing coins. There have been cases when, when using “Fast Sending”, the penalty was several times higher than the transfer amount.
• Do not trade with unverified services and people.
• When using monitoring sites, do not be lazy to look through all the ways to withdraw bitcoins. Often, in the “Double Exchange” item you can find more profitable transaction schemes (don’t forget to take into account commissions).

By applying these tips, you can transfer your hard-earned coins to electronic means of payment and fiat with minimal losses. It is usually convenient to do this through exchange office monitoring sites, where you can find the most favorable rate.

Useful tips

When exchanging bitcoins, as a currency characterized by anonymity, certain nuances need to be taken into account. So, you should not pay attention to the first website that the owner of a cryptocurrency comes across, since it may well be created by scammers who steal personal data and authorization information of users. Therefore, it is necessary to choose a platform for exchange, focusing on ratings and reviews.

In addition, in order to avoid paying a commission, you can find an individual who agrees to pay money at the current exchange rate for bitcoins, thereby eliminating the need to pay a commission. But here it is important to maintain anonymity and at the same time ensure the financial security of both parties, so it is better to think in advance about how the exchange will be carried out, and if possible, sign an agreement. In case of an urgent need for rubles on a Sberbank card, you should register accounts and wallets in all possible systems in advance, so as not to waste time on this if necessary.

It is quite simple to withdraw funds from Blockchain to a Sberbank card, and there are several ways to do this. They require different commissions and terms of transfer, but can be selected individually. You should only use the services of proven and rated sites to avoid deception and mistakes. Not all methods allow you to transfer directly to a Sberbank card, and if you use a multi-part chain of conversions, you may face the loss of a significant part of the amount.