Bitcoin withdrawal to Qiwi wallet: exchangers, exchanges, direct transfers between Qiwi users

Electronic system QIWI, designed for making payments through landline and mobile communication channels. The multi-platform service allows you to pay for services and goods using mobile phones, terminals and computers connected to the Internet. Despite its late appearance on the market, Kiwi managed to win a large audience in Russia and the CIS countries.

The convenience of withdrawing rubles into fiat currency makes it a popular way to cash out bitcoins. To do this, you just need to transfer funds from Bitcoin to Qiwi and withdraw them to a card or cash.

Let's figure out how to do this.

What is the Qiwi system

Qiwi is an electronic payment system that allows you to pay for goods and services, make money transfers, withdraw money from electronic systems to bank accounts, cards, or top up your Qiwi account from them. From the moment Qiwi joined the Visa alliance, the system began to issue its own plastic cards, which can be used to pay at retail outlets or withdraw cash (the latter with a small commission).

Obviously, among Qiwi users there are those who actively work with cryptocurrencies, sell, buy and exchange them. And for them, the opportunity to work, for example, with Bitcoin through this payment system directly would become very convenient: there would be no need to make intermediate conversions.

Unfortunately, Qiwi does not work directly with BTC. But you can create a Bitcoin wallet with withdrawal to Qiwi through exchanges and exchangers. Required:

• creating a Qiwi wallet;
• registering a BTC address in any convenient way. Video instructions for simple registration on blockchain.info:

Buy bitcoins for qiwi from WW-Pay

Today, many exchangers offer to buy bitcoins for qiwi. Having an account in QiwiWallet is important not only for ordinary users, but also for people who have an established business on the World Wide Web. For such people, it is very important to have the ability to quickly convert electronic funds. By contacting us, clients can count on high transaction speeds and favorable exchange rates.

Now you don't have to figure out how to transfer bitcoins to a Qiwi wallet. It is enough to use the services of our specialists, and the money will soon be in your electronic account. You can cash them out, convert them into another currency, buy food, place a bet at a bookmaker - the possibilities are endless.

Today, many Internet users prefer to withdraw Bitcoin to Qiwi. The point is that they managed to appreciate the undeniable advantages of this payment resource:

• there is no commission for depositing funds and paying for services/goods;
• unsurpassed level of transaction security;
• the ability to use SMS service;
• the ability to make transfers via a mobile phone, PDA or smartphone.

Registering a wallet on Qiwi

In order to be able to work with the system, you should go through a simple registration procedure on the official Qiwi website: https://qiwi.com/.

Figure 1. Qiwi home page.

After clicking the “Create wallet” button, the registration dialog will open:

Figure 2. Phone entry.

Here you should enter your phone number (the Qiwi wallet is linked to your mobile number), go through a simple anti-spam check and select “Continue”. If you wish, you can link your wallet to your VK, Facebook or Google+ accounts by clicking on the corresponding icon at the bottom of the dialog.

A message with a confirmation code will be sent to the specified phone number, which the site will prompt you to enter. Next, you need to come up with a password and agree (optionally) to the advertising terms of the site:

Figure 3. Password and consent to receive advertising.

At this point, registration is completed, you can now top up your Qiwi wallet and send payments using the selected phone number as an identifier.

Blockchain technology and cryptocurrencies. Fast start

Get the book and learn all the basics of blockchain technology and cryptocurrency in one evening

Why am I highlighting this as an output method? Because you can indicate that you want to receive payment for your bitcoins in a Qiwi wallet. And in general, this method has a place because it is quite convenient and allows you to set your own conditions. But for the latter you need enough “Internet charisma” and the ability to bargain.

If you decide to transfer bitcoins this way, then the first thing to understand is that the last step is yours. Never put yourself at risk of losing your money out of the blue. The advantage of this method is the immediate receipt of funds and the absence of commissions. The downside is a very high risk of fraud. Also, such a transaction will not be completely anonymous.

Exchange

A reliable, relatively fast and simple way to withdraw funds from a Bitcoin wallet on Qiwi. Cryptocurrency exchangers operate without mandatory registration 24/7. Of course, there are risks, but let’s take a closer look at this option and figure out how to minimize these risks or eliminate them altogether.

How will you look for an exchanger? Probably a Google search for “bitcoin exchangers” or something like that. First, you will encounter advertising that is not always related to the subject of the request, and then you will see links to exchangers. But where is the guarantee that these exchangers are reliable? Crawlers do not have the task of determining the risk level of a site: they exclude spam and advertising. Therefore, you should not always rely on the first search results.

What to do? You know, when you drive around the city, you see different currency exchange offices and, if something happens, you can evaluate their conditions. But you can’t surf the Internet that easily; you also need to check reliability and reviews. For such cases, monitors of cryptocurrency exchangers were created.

I think the best of them are Okchange and Bestchange. They collect information from across the web and present it in a convenient way. The exchange rate, commission and reserve of any exchanger are displayed on these monitors. They also monitor any unexpected changes on the exchanger, such as the appearance of some shares.

Qiwi limits

The system has the concept of status, or level, of payment. Possible statuses:

1. Minimum.
2. Basic.
3. Professional.

Figure 4. Kiwi statuses.
Initially, the user receives the “Minimal” status. It allows you to store up to 15 thousand rubles on your balance sheet and make payments in the amount of up to 40 thousand rubles. per month and withdraw cash (if a Qiwi card is issued) up to 5 thousand rubles. per day and up to 20 thousand rubles. per month.

Important: if you want to make transfers of large amounts and store significant funds, you must go through the authorization procedure.

For the “main” rank, it consists of sending passport data, in order to receive the title of “Professional” user, you will also have to present your passport at a Qiwi representative office or one of the identification offices, a list of which can be found here:

https://qiwi.com/settings/identification/offices.

Methods for withdrawing Bitcoins to a QIWI wallet

To transfer cryptocurrency to any Qiwi account from a Blockchain wallet, there are several very effective ways. They are used as an alternative since direct exchange is not possible. In order to make such a transaction, you need to find a reliable intermediary to exchange cryptocurrency for rubles, and only then withdraw the money to your Qiwi account.

So, several of the most popular ways to withdraw Bitcoins from a Blockchain wallet to a QIWI wallet:

1. Direct exchange between people who have cryptocurrency and people who are ready to buy it for money in the Qiwi system.
2. Specialized cryptocurrency exchanges . There are exchanges that work with fiat money, and there are those that work exclusively with cryptocurrencies. It is most profitable to make such an exchange on sites of the first type.
3. Exchangers. Resources that can perform an exchange operation on the network.

When choosing a specific method, it is taken into account which one is more profitable and safer. If we talk about benefits, the commission required for the exchange is taken into account. Sometimes the commission amount is even greater than the amount of the transfer itself. It's really inconvenient. Therefore, interested users are looking for less secure, but cheaper exchange methods.

But cryptocurrency owners need to be very careful in seeking benefits. Fraudsters take advantage of this and offer obviously favorable conditions in order to rob the most naive people. And this often happens, because transactions on the network are anonymous, and the chances of returning the cryptocurrency are almost zero. Let's look at each method in more detail.

Qiwi and Bitcoin

As already mentioned, direct transfers from BTC to Qiwi and from Qiwi to a Bitcoin wallet do not yet exist. Therefore, to deposit and withdraw cryptocurrency through this system, you will have to use the services of intermediaries. Possible options:

• use one of the exchangers;
• use exchange wallets;
• make a transfer directly, from one user to another.

Important: to make a transfer you need to have a Qiwi wallet itself, as well as an accessible Bitcoin address. This could be an exchange wallet, one of the BTC applications, a hardware wallet, or even a Paper Wallet, as long as the user has access to it.

Let's take a closer look at them.

conclusions

The easiest way to exchange Bitcoin to QIWI is to use exchange sites. This is the fastest and easiest way to withdraw bitcoins. Increased competition in this segment has led to a reduction in commissions, making exchange conditions only slightly worse than on cryptocurrency exchanges. If you try, you can find a site with a favorable exchange rate that will be no worse than the exchange rate. To save yourself from a long search for the best offer, you should use the services of the Bestchange aggregator. Exchangers are ideal for rare transactions of small amounts.

You should only use LocalBitcoins to sell a large number of coins. In this case, the benefit from the exchange rate difference will be able to cover the loss of time for the operation.

Crypto exchanges are suitable for those who are already involved in cryptocurrency trading. In this case, you will not have to waste time replenishing your account and exchanging assets.

Exchangers

Today, Bitcoin wallets through Qiwi through exchange services are often replenished, this is a standard practice among cryptocurrency players. This method is especially good for those who are just starting to work with digital currencies and want to make a small trial investment.

There are two nuances in the work of exchangers:

• they set their own cryptocurrency rate, which may differ from the weighted average exchange rate;
• the user will have to pay some commission for the services of the service (which is logical, the exchange office, like its “offline” counterparts, makes money on transfer and conversion operations). In the modern market, most exchangers do not formally charge a commission, but include costs in the exchange rate.

Taking this into account, you should choose an exchange service with the most favorable transfer conditions so as not to lose too much money. In addition, the service must be reliable: there are many fake sites on the Internet that work only to steal users’ money.

To simplify your choice, you should use the exchanger aggregator site Besthange.ru. In the site interface, you can select an exchange pair and get a list of services that conduct transactions in the desired direction:

Figure 5. Bestchange selection.

Here you can see the rate for each exchanger, currency reserves, and the number of reviews.

The last two parameters are critically important: the larger the reserve, the more users the service is able to serve and convert larger amounts, and this indirectly indicates reliability. And positive reviews indicate that the site is not fraudulent. Exchangers are moderated manually, so the data can be trusted.

Other evaluation parameters include:

• Convenience of the exchanger’s interface – an overly confusing website design confuses users and often serves as a sign of a fraudulent resource;
• confidentiality of stored information – the service must ensure the security of personal data, because Qiwi, unlike an address in the Bitcoin blockchain, is not completely anonymous;
• work with payment systems other than Qiwi;
• declared enrollment speed. Sites with manual transactions can do this for up to 15 minutes, “automated” ones - instantly. The natural latency of blockchain transactions should also be taken into account.

Let's look at the operation of an exchange office using the example of the ATM website: https://bankcomat.org/ and a transfer from BTC to Qiwi. The operating principle of all such sites is similar: you enter the details of the Qiwi wallet where the funds should go, the transaction amount and the email address where the instructions for the exchange will be sent. As a rule, all major currencies other than Bitcoin are available: Dash, Ethereum, Monero, etc.

ATM.com interface:

Figure 6. ATM main page.

Here you should select the translation direction “from” (on the left), in this case it is Bitcoin, and “to” (on the right), in our case it is Qiwi. In the central field you need to enter the transfer amount in BTC, e-mail, Qiwi wallet number and click on “Exchange”.

Please note: the minimum possible transfer amount is 0.003 BTC. This parameter may differ for different exchangers.

The site will then display further instructions. The user must transfer the required amount in BTC from his BTC wallet to the specified Bitcoin address and click on “I paid.” After this, the system will wait for two confirmations of the transaction so that the latter gets into the blockchain, and will make a transfer to the previously entered Qiwi wallet.

Figure 7. Payment confirmation dialog.

An erroneously created application can be canceled by clicking the corresponding button. It will also be canceled automatically after 15 minutes of user inactivity.

The exchange procedure in the opposite direction is slightly different. You need to select a transfer from Qiwi to a Bitcoin wallet:

Figure 8. BTC transfer interface.

The fields are filled in in the dialog:

• amount in rubles;
• the phone number to which the wallet is registered;
• bitcoin address;
• mail.

After clicking on “Exchange”, a dialog to complete the transfer will open:

Figure 9. Transaction completion.

The system will ask you to go to the Qiwi website, where you will receive a request to transfer the requested amount. You need to transfer money to the phone number specified in the Qiwi voucher, and then confirm the payment on the ATM website:

Figure 10. Qiwi invoice for payment.

At this point, the transaction is completed, now you should expect a receipt to the BTC address when the transaction in the blockchain receives the required number of confirmations.

Exchange bitcoins for rubles through Bestchange.ru

This aggregator site provides up-to-date information about dozens of exchangers. The information includes the available reserve of funds for exchange, the exchange rate and user reviews. This allows you to familiarize yourself with the terms of the exchange and the reputation of the site before transferring bitcoins to its account.

To perform an exchange through Bestchange, you need to proceed as follows:

• open the website bestchange.ru;
• in the table or drop-down list located on the left of the page, select “Bitcoin (BTC)” “QIWI RUB”;
• if you decide to use the list, after selecting currencies, click the “Best rate” button;
• The table that opens will display a list of exchange offices that perform operations in the selected direction. You can use the function of sorting the table columns to select a platform with the necessary reserve for exchange, a favorable rate or the number of positive reviews.

In addition to regular exchange, Bestchange offers double exchange options. However, they are usually not as profitable.

The “Calculator” button allows you to find out how many QIWI rubles you will receive on different sites for the number of BTC coins you offer.

The resource offers a convenient . It allows you to set the desired exchange rate and available reserve and receive an email notification when an offer matching your conditions appears.

If you decide to use one of the sites presented on the aggregator, you need to click on its name in the table. The main page of the exchanger will open in a new browser tab. All that remains is to indicate the direction of exchange, amount, details and make the payment, following the prompts of the system.

Exchanges

Some exchanges work with Qiwi. For example, on Yobit you can withdraw cryptocurrency to a ruble Qiwi wallet (but replenishment is not available):

Figure 11. Withdrawal from Yobit.

But exchanges can charge high fees, especially for withdrawals: Yobit charges 0.0005 BTC for a transfer to Qiwi.

Among the major players, Binance supported deposits and withdrawals using QIWI for some time, but was forced to abandon the direction. In January 2022, there is a trend among trading platforms to abandon QIWI. The latter cannot carry out full-fledged work with foreign agents due to the tightening of the requirements of the Central Bank of the Russian Federation.

Important: it is not recommended to store coins on the exchange for a long time; it is advisable to withdraw them after achieving the goal of cryptocurrency transactions.

Transferring bitcoins to QIWI through an exchange

Cryptocurrency exchanges allow you to sell and buy digital and fiat money at the most favorable rate. To do this, you will have to register on the site and open accounts in the existing and target currency. To exchange bitcoins for qiwi, you need to choose an exchange that supports this payment system. EXMO is one of the most famous platforms for working with digital assets.

The exchange trading process looks classic:

• sellers submit orders indicating the rate and amount;
• the exchange deposits the appropriate amount from the sellers' accounts;
• buyers choose a suitable offer and pay for the transaction;
• After payment for the transaction, the deposited funds are sent to the buyer's account.

To withdraw bitcoins into rubles, you need to top up your bitcoin account on the exchange and buy the required amount of rubles by selecting the appropriate offer. If you wish, you can make your own request to sell BTC for rubles. In this case, you yourself will be able to decide at what price the bitcoins will be sold.

After the transaction is completed, rubles can be withdrawn to your QIWI wallet.

The disadvantages of stock trading include slowness. Replenishing your account and, especially, withdrawing funds may take several days. Therefore, there is no point in using an exchange to exchange small amounts. In addition, exchanges charge a high commission for withdrawing funds to QIWI.

How to transfer bitcoins to QIWI without risk: recommendations

You can minimize the risk of losing your own money if:

• Choose only verified and recommended exchange resources. As a rule, they are ready to provide the client with the necessary certificates, and are also accompanied by a completely open page with reviews from their own clients. Reputation in this case is above all!
• When making your first Bitcoin transfer, you must deposit a minimum amount. This is necessary to check the speed of money being credited to Qiwi, as well as its correctness (whether less than expected was credited).
• Stay alert in subsequent transactions. There are often cases when the first payment goes through correctly and quickly, but with each subsequent payment problems begin. It is better to read about this in the reviews of experienced users!

At the same time, everyone should not forget about the benefits. There is always competition among smart exchangers, which means it’s worth looking for more attractive working conditions and lower (within the acceptable range) commissions.

Join our group on VKontakte

How to exchange Qiwi money for cryptocurrency in a Bitcoin wallet

It is not necessary to look for an exchange that supports depositing Bitcoin through a Qiwi wallet, especially since the conditions change and the interest rates are quite high. An alternative way to pay your wallet Bitcoin balance in fiat via Qiwi is through the service of online exchangers.

As an example, we suggest considering the process of buying Bitcoin for Qiwi in the Matbi online exchanger. Buying Bitcoin will take from 10 to 15 minutes. It is enough to go through a simple registration, top up your personal account balance with rubles, and then exchange rubles for Bitcoin. If the user has any questions, the Matbi team has prepared detailed video instructions:

• go to the monitoring site bestchange.ru;
• select Bitcoin and a Qiwi account in the left menu - ruble, dollar and another of the proposed ones, in the example Qiwi RUB is selected;
• open the calculator in the central table, enter the amount and check the box Consider commissions;
• you will see all offers that meet your limit.

All that remains is to go to the exchanger’s website and complete the operation. For beginners, Bestchange has posted an introductory video.

In the same way, money is withdrawn through the Qiwi wallet to replenish the Bitcoin wallet with cryptocurrency. In the example, the source selected is a dollar wallet for the amount of 100 USD that needs to be exchanged for BTC.

There are fewer offers for this direction from Qiwi to Bitcoin. If it happens that there is no direct way to purchase cryptocurrency, monitoring will display a double exchange.

There are trends in exchange operations, for example, for some weeks and even months it is more profitable to exchange Bitcoin for euros, in other periods it is better to transfer cryptocurrency into dollars. Therefore, if a large amount of Bitcoin is being converted, it is necessary to look through several combinations in order for the exchange to be as profitable as possible.

What method do you use? Maybe you have your own option? Share with those interested in the comments.