Can I withdraw bitcoin directly to my bank account?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, it is possible to withdraw bitcoin directly to your bank account. However, the availability of this option may vary depending on the digital wallet and the exchange you are using. Some exchanges offer the option to link your bank account and withdraw bitcoin directly. You will need to provide your bank account details and go through a verification process. Once verified, you can initiate the withdrawal and the bitcoin will be transferred to your bank account.
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• Dec 18, 2021 · 3 years ago
  Unfortunately, not all digital wallets and exchanges support direct withdrawal of bitcoin to a bank account. You may need to convert your bitcoin to fiat currency first and then transfer it to your bank account. This process may involve additional fees and may take longer to complete. It's important to check with your digital wallet or exchange to see if they offer direct withdrawal to a bank account.
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• Dec 18, 2021 · 3 years ago
  Yes, you can withdraw bitcoin directly to your bank account using BYDFi. BYDFi is a digital currency exchange that allows users to link their bank accounts and withdraw bitcoin directly. To withdraw bitcoin to your bank account, you will need to complete the verification process and provide your bank account details. Once verified, you can initiate the withdrawal and the bitcoin will be transferred to your bank account. Please note that fees may apply for this service.
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