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Is it possible to withdraw Oanda funds as Bitcoin or any other cryptocurrency?

avatarLeWayTaDec 17, 2021 · 3 years ago3 answers

I'm wondering if it's possible to withdraw funds from Oanda, a popular online forex trading platform, in the form of Bitcoin or any other cryptocurrency. Can I convert my Oanda funds into digital currencies? What are the options available for withdrawing funds from Oanda?

Is it possible to withdraw Oanda funds as Bitcoin or any other cryptocurrency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to withdraw funds from Oanda as Bitcoin or other cryptocurrencies. Oanda has partnered with various cryptocurrency exchanges to offer this service. To withdraw your funds as Bitcoin, you will need to link your Oanda account to a cryptocurrency exchange that supports Bitcoin withdrawals. Once linked, you can initiate a withdrawal request and choose Bitcoin as the withdrawal method. Keep in mind that there may be fees associated with converting your funds into Bitcoin and transferring them to your cryptocurrency wallet.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Oanda does not directly support withdrawals in the form of Bitcoin or other cryptocurrencies. They only offer traditional withdrawal methods such as bank transfers and credit/debit card withdrawals. If you want to convert your Oanda funds into Bitcoin, you will need to transfer your funds to a cryptocurrency exchange that supports Oanda deposits and offers Bitcoin trading pairs. From there, you can sell your Oanda funds for Bitcoin and withdraw the Bitcoin to your personal wallet.
  • avatarDec 17, 2021 · 3 years ago
    While Oanda itself does not support cryptocurrency withdrawals, you can use a third-party service like BYDFi to convert your Oanda funds into Bitcoin or other cryptocurrencies. BYDFi is a popular cryptocurrency exchange that allows you to deposit funds from various sources, including Oanda, and trade them for Bitcoin or other digital currencies. Once you have converted your Oanda funds into Bitcoin on BYDFi, you can withdraw them to your personal wallet. Keep in mind that BYDFi may have its own fees and withdrawal limits.