Yandex.Money: how to withdraw cryptocurrency with a minimum commission

From the author: it would seem that there is Bitcoin on the network - sit and play with it. But sometimes it happens that this money is more needed in real life, when your wallet is empty, than somewhere in electronic wallets. This is where everyone begins to wonder how bitcoins are withdrawn to Yandex Money. We'll find out now.

Output problems

The most common problem in the field of cryptocurrency trading for Russian investors is the withdrawal of funds.
Quite often there are cases when an excellent trading session was overshadowed by the inability to withdraw funds. The reasons for this can be different: the exchange does not support payment systems that satisfy the trader, Internet transactions on the trader’s bank card are not activated, or a banal blocking of the account on the exchange.

And if the last problem is extremely radical, and it can be prevented in advance only by choosing the right trading platform, then we will try to solve the first reason. So, let's talk about exchanges that provide the right to withdraw money to payment systems popular in Russia and the CIS countries.

How to buy BTC on the exchange

Here is a screenshot of a fairly well-known and reputable exchange Binance.com. Let's figure it out - what is the difference between exchangers and stock exchanges? Where is it more profitable and convenient to purchase Bitcoin?

In general terms, the qualitative characteristics are as follows.

• If you need to buy cryptocurrency quickly, within a few minutes, go to the exchanger.
• If you want to buy or sell money or crypto money as profitably as possible, and urgency is not so important, go to the exchange.

The exchanger works as an automatic service, a kind of online terminal. You create an application, pay at the rate specified by the service and with the specified commission, and instantly receive the necessary digital or real money.

An exchange is a platform for trading between users, but under the control of the administration. The seller himself sets the selling rate, creates an advertisement and waits until some other participant agrees to buy at the stated price. The exchange plays the role of a guarantor and arbiter to eliminate cases of fraudulent activity. For this “protection”, the founders of the exchange take some small commissions.

The problem with the exchange is that if you set a slightly inflated exchange rate, then you can wait a long time for the application to be accepted, several days or even weeks. And this is not always convenient. But in terms of the benefits of exchanges, the exchange is, of course, ahead of the exchanger.

Output to card

If your cryptocurrency exchange is American, for example, Kraken, then most likely only withdrawal methods familiar to Americans are available here - a bank card or PayPal.

You can install PayPal for yourself. For this you will also need a plastic bank card. First, make sure that you have online transactions enabled. This can be done in your banking profile or at an ATM.

If you ordered a Gold card, then it is likely that all services are already included in advance. In general, it is gold cards, both Visa and MasterCard, that make transactions quite easy, so think about purchasing one.

To connect to PayPal (a popular American payment system), a classic card is also suitable. The main thing is that the bank allows such payments. In Russia, the best option would be a Sberbank card. There is also convenient banking and PayPal connection.

How to withdraw Bitcoins directly?

Unfortunately, it is impossible to carry out an operation to exchange cryptocurrency for fiat money without the help of special sites. The only option is to use Bitcoin cards, which can be used to pay in regular stores.

The money will be automatically converted into the desired currency, but more on that a little later.

To withdraw crypto money, it must be exchanged for rubles, dollars and other national currencies. Online exchangers and specialized exchanges are suitable for this.

Some recommend using . The option is working, but it’s too difficult to provide guarantees.

On this page we will look at all the ways to cash out Bitcoin, both using bank cards and through popular payment systems.

We withdraw to Yandex.Money

If you use the services of a Russian-language exchange, then most likely it also supports Russian withdrawal methods. The Eksmo exchange is especially convenient in this regard. But even the funds located on the cryptocurrency wallet can also be transferred to Yandex Money.

Exmo offers direct transaction. To do this, at the top of the site, click on the “Wallet” menu item, after which you will have to convert your cryptocurrencies into fiat money. If you plan to withdraw to Yandex, withdraw to rubles.

Then, next to the RUB wallet item, click on “Withdraw”. Here we are offered several options for sending a transfer. There are both Visa\Mastercard and Qiwi Wallet cards. Select Yandex and indicate the details and transfer amount.

An important point: this method charges quite serious commissions and requires wallet verification. The exchange takes 3 percent for sending funds to YaD, and YaD itself also accepts 0.5% in its favor.

Thus, the investor loses 3.5 percent of his money, which can result in a round sum over the long term or with large transfers.

How to withdraw money from a Bitcoin wallet to a Sberbank card?

On the main monitoring page of bestchange.ru in the “List” tab, you can select the direction of exchange. Once you do this, you will see a list of pages on the right that allow you to perform the requested operation. We want to withdraw bitcoins to a Sberbank card. Having defined it, we get the following image.

The list of exchange offices is compiled in such a way that exchangers with the best rate are in the top rows. Pay attention to the “Give” and “Receive” columns. You will see the price that the exchange is willing to pay for your digital coins. The Reserve column displays the amount that the exchanger must transfer to the selected destination.

In addition, when choosing, you should pay attention to the column on the right, which determines the number of positive and negative reviews about the exchanger. It's better not to have negative ratings at all.

Yandex verification

Exmo withdraws money completely legally, which means the Yandex wallet must be verified. To do this, you need to fill in your passport information in your wallet profile.

It is worth noting that there are 3 levels of identity verification. The first one does not require any data other than the login, but also reduces the functionality to almost zero. The personal level will require you to enter your passport data, which will be verified. This will give you access to some features, including the ability to accept transfers from a cryptocurrency exchange.

The third level represents the maximum - fully identified profile. To do this, you will have to visit an office, an agent, or send a copy of your documents by mail. After which you have the opportunity not only to transfer large amounts, but also to get your own bank card from Yandex.

Exchange services

Surely everyone has exchanged dollars or euros for rubles at a bank at least once in their life (or vice versa). Exchanging cryptocurrency for rubles is the same simple process, only it takes place not in a bank, but in special services - exchangers. They are virtual and work only via the Internet. But since this area is very popular, more and more exchangers are appearing that offer to exchange Bitcoins for rubles and withdraw all this wealth to a Yandex.Money wallet. Some perform automatic exchange of Bitcoins, others work with an operator, but for the most part this is the fastest way to sell Bitcoins and receive fiat funds to a Yandex system wallet. Usually the transaction takes no more than 15 minutes (although on some services you will have to wait several days, especially when working with Yandex.Money).

You can select an exchanger using the special BestChange monitoring. This service is focused on finding current exchange rates and works exclusively with proven exchange resources. Its peculiarity is the search for a suitable exchange option at the request of a person who wants to exchange his Bitcoins.

You need to work with this exchanger service as follows:

• 
  On the left, immediately below the service logo, there is a “Table” and two fields: “Give” and “Receive”. In the first one you need to find “Bitcoin”, and in the second one you need to put o;

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• A table will appear with exchangers that are currently working in this direction and that have sufficient reserves to complete the transaction. As a rule, the table opens on the “Exchange Rates” tab. Exchangers with the best cryptocurrency rates are shown here. For example:

• But this is not enough to transfer Bitcoins from the blockchain to Yandex. Money. Before we do this, we will need to calculate which exchanger has sufficient reserve for such a transaction. Therefore, you need to go to the “Calculator” tab. There are two fields that are important to fill out. In the first, check the box next to the desired option “Give” or “Receive” and indicate how much you want to exchange. For example, let's indicate 2 Bitcoins. To get a more accurate selection, write in that the calculation will be carried out taking into account the commission. Click on "Calculate". Get exchangers that can perform exchanges right now. Just keep in mind that those services that are highlighted in light gray cannot work yet, as they have insufficient reserves. As a result we get:

• If you don’t like the rate offered by the remaining exchangers, you can go to the next “Alert” tab. Here you can leave a request, according to which you will be sent a notification if there is a sufficient reserve on the exchanger with the desired rate. The minimum period while this application is valid is 6 hours, and the maximum is 3 months;
• If by some miracle the exchange did not work out because no exchanger works or does not have a sufficient reserve of rubles (for example, if you need to exchange 10 Bitcoins for Yandex. Money), you can use another interesting function. It's called "Double Exchange". As a result, you will get a roundabout path to transfer funds:

The last list, of course, does not have the best exchange conditions. But payment systems and exchangers generally offer not very favorable rates, charging compensation for the speed of work. In addition, exchangers make reports on their work,

forwarding them to the client. Therefore, they are considered one of the safest methods of exchanging cryptocurrency for rubles.

In addition, the user can completely trust each exchanger presented here. The service carefully selects resources. Therefore, it does not matter whether you make an exchange at a high or low rate - each of the operating sites is absolutely safe. But let's try to take a closer look at how to conduct an exchange on specific sites.

WW PAY

WW Pay is a good Hong Kong exchanger that works with both fiat funds and cryptocurrency. He has an excellent reputation; on the already mentioned BestChange there are more than four thousand positive reviews. Let's look at the features of this service:

• You can exchange funds automatically in five minutes. Moreover, this is the maximum waiting period. Usually the exchange takes place almost instantly;
• If you transfer Bitcoins from a blockchain wallet to Yandex.Money, please note that at least 12 hours will pass before the amount appears in the account. If you exchange more than 15,000 rubles, the application will be processed within 48 hours. This is not WW Pay’s fault, the Yandex system is just playing it safe. Next time the exchange will go quickly;

• 
  The exchanger may delay execution of a payment in the amount of more than 50 thousand rubles if it is carried out for the second time in two days. The maximum delay period is 48 hours;

• To perform an exchange, registration on the resource is not required. But once you have an account, you can immediately get a small discount. For small amounts it is not noticeable, but when you exchange many Bitcoins at the same time, the 0.05% discount plays a significant role. And if turnover grows, you will soon be able to get a discount of 0.25%;
• The Bitcoin rate changes frequently, so the exchanger updates the cryptocurrency rate every three minutes. But if you are selling coins and the application is at the registration stage, then the rate will be fixed for 15 minutes. This is enough, considering that the maximum period for exchange is 15 minutes;
• If Bitcoins are stored on a crypto exchange, problems may arise. Exchange platforms do not immediately withdraw money, and sometimes delay it for up to 12 hours. Because of this, situations often arise when money is debited from an account in a crypto-exchange, and the application for an exchange in the exchanger has already been cancelled. Therefore, it is advisable to use a Bitcoin wallet.

But even if such an incident occurred, it is not a problem. Just write to technical support, and the staff will quickly resolve your issue. And the exchange procedure itself looks very simple:

1. Indicate the direction of exchange. In our case, you need to choose to exchange Bitcoins for Yandex.Money. At the current rate, for one Bitcoin you will receive 440,271.14 rubles.
2. Please note that the system has limits in this direction. In particular, the minimum number of Bitcoins is 0.075 BTC, and the maximum is 5 BTC. During the exchange, the user can receive a minimum of 5,000 rubles, and a maximum of 300,000 rubles.
3. Enter your Yandex account and email address.
4. Click "Exchange".
5. Pay for the application from your Bitcoin wallet.

Very simple and fast. However, if the translation is the first, you will have to wait.

24PAYBANK

The 24PAYBANK exchanger is one of the most popular resources in the world. As evidenced by almost three thousand positive reviews over two years of work. And this resource is an excellent option for withdrawing Bitcoins from a blockchain wallet to an account in Yandex. Now let's explain why:

• The average time to complete an application in this direction is from 5 to 10 minutes;
• To carry out a transaction, only two confirmations from the Bitcoin system are required. This is influenced by the size of the commission. Now the amount you need to pay for the commission has dropped significantly, but if you specify too small an amount, you have to wait several days for confirmation;
• Registration is optional, but it helps a lot if you plan to transfer large amounts of Bitcoin. For example, receiving a discount. It will be reflected in your personal account. And the size of the discount will grow with the number of exchanges made.

And to exchange Bitcoin for Yandex.Money, you need to do a few simple manipulations:

1. 
   Specify the amount to exchange. A special calculator will help with this. The minimum exchange amount is 0.003 Bitcoin. If you create a request to exchange 1 Bitcoin, you will receive 425365.01 (this is without a discount). But the rate changes, so after a few minutes you can see different numbers in the window.

2. In the next field you need to enter a working email address. But this must be done if the person is not registered on the site. If authorization is successful, these fields will be filled in automatically.
3. Enter the account number that is used to save funds on Yandex. And it doesn’t matter what kind of wallet a person has. The exchanger successfully works with registered, anonymous and identified wallets.
4. Read the exchange rules and check the box next to this item, otherwise the service will not complete the exchange.
5. Click on the “Start Exchange” button, but first check that you copied all the information correctly.
6. A window will appear informing you that the system is waiting for two confirmations from the blockchain. Read the information indicated there, and if everything is fine, click on “Ok”.

7. 
   You will be redirected to a page where you need to copy the Bitcoin address of the exchanger in order to send cryptocurrency there. Paste the copied address into your wallet. Please note that each application has its own address, so do not confuse anything.

8. When the cryptocurrency is gone, return to the exchanger’s page and click on the “I paid” button. The system will track your funds and process the exchange request.

Wait until the transaction is confirmed and the funds are transferred to your Yandex.Money account.

Budget method

As mentioned above, withdrawing fiat money from a cryptocurrency exchange incurs large commission costs. Therefore, it is preferable, in order to save the amount, to use cryptocurrency, and only then transfer it to fiat.

To do this, on your exchange, be it Exmo or any other, withdraw money in crypto, preferably in a popular one. Ideally - in Bitcoin. Then use the converter. A converter is an online exchanger that transfers money from one currency to another in real time. It has a dynamic exchange rate for these exchanges.

Exchangers may differ not only in the exchange rate, but also in the commission charged for these transactions. Therefore, it is worth choosing a converter with acceptable rates. To do this, use the BestChange service.

BestChange offers you a number of exchange points where you could exchange crypto online, or buy cryptocurrency with existing fiat money. In the menu on the left, select the pair that interests you. Then you are presented with a list of services where you can make a transaction. Choose those that offer lower commissions. All links provided are verified and the services offered are recommended.

Of course, this method takes more time, but given the large savings on commission payments, it can serve you as a good assistant in preserving your own investment capital.

Customer Reviews

Users have been using similar methods of currency exchange for a long time. Authoritative resources contain predominantly positive reviews, among which stand out:

• the ability to cash out cryptocurrency;
• fast processing of payment transactions;
• mandatory moderation of services before adding to the general database;
• the ability to search for a favorable rate;
• availability of promotions and special offers;
• variability of supported currencies;
• convenient and simple interface;
• the ability to transfer money to a plastic card;
• confidentiality and no need to enter additional data.

Bitcoin withdrawal via Webmoney

Only in the WebMoney payment system can users create an account for BTC. Bitcoins will be stored on the balance sheet, just like dollars or rubles.

At any time, you can exchange title units between each other, right in your wallet. What you need to do to open an account:

First, let's move on to creating a new wallet. The WMX currency has been added under Bitcoins, and 1 unit is 0.001 BTC. At the next step, select the appropriate account type and write any name:

Immediately after this, a new account number appears in the list of wallets. Only it starts with X, so you can’t get money from it (except for internal Webmoney transfers):

To link a Bitcoin address to it, you need to use a special service from WebMoney.

Log in with your WMID, then go to the Operations>Replenishment section and click on the “receive” link in the address column for replenishment. After this, a Bitcoin address appears to which you can send BTC:

You can indicate this address on sites for earning Bitcoins, on exchanges, exchangers, and so on. All those who have been using the Webmoney payment system for a long time will definitely be interested in this method.