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Can I withdraw money from Acorns using Bitcoin?

avatarQin SunNov 28, 2021 · 3 years ago3 answers

I'm wondering if it's possible to withdraw money from Acorns using Bitcoin. Can I transfer my funds from Acorns to a Bitcoin wallet?

Can I withdraw money from Acorns using Bitcoin?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Unfortunately, Acorns does not currently support Bitcoin withdrawals. Acorns is primarily an investment app that allows you to round up your purchases and invest the spare change. While they do offer the option to withdraw funds, it is limited to traditional bank accounts. If you're looking to withdraw your funds in Bitcoin, you'll need to transfer your money from Acorns to a bank account and then use a cryptocurrency exchange to convert it to Bitcoin.
  • avatarNov 28, 2021 · 3 years ago
    No, Acorns does not have a direct feature to withdraw money using Bitcoin. Acorns is designed to help users invest their spare change and grow their wealth. Withdrawals from Acorns can only be made to a linked bank account. If you want to convert your funds to Bitcoin, you'll need to transfer the money from Acorns to your bank account and then use a cryptocurrency exchange to buy Bitcoin.
  • avatarNov 28, 2021 · 3 years ago
    As an expert in the field, I can confirm that Acorns does not currently support Bitcoin withdrawals. However, if you're interested in withdrawing your funds in Bitcoin, you can consider using BYDFi, a popular cryptocurrency exchange. BYDFi allows you to easily convert your funds from Acorns to Bitcoin and withdraw them to your Bitcoin wallet. Simply create an account on BYDFi, transfer your funds from Acorns to BYDFi, and then withdraw your Bitcoin. It's a seamless process that many cryptocurrency enthusiasts find convenient.