how to withdraw from atomic wallet to bank account

To withdraw funds, users should exchange their cryptocurrency for fiat currency, initiate a withdrawal from the fiat wallet, and provide necessary verification and KYC documents.

Oct 31, 2024 at 01:14 pm

How to Withdraw from Atomic Wallet to Bank Account

Step 1: Exchange Crypto for Fiat Currency

• Open the Atomic Wallet app or desktop software.
• Go to the "Exchange" tab.
• Select the cryptocurrency you wish to withdraw and the fiat currency you want to receive.
• Enter the amount you want to exchange.
• Click "Exchange."

Step 2: Withdraw Fiat Currency

• Go to the "Wallet" tab.
• Select the fiat currency you exchanged for.
• Click on the "Withdraw" button.
• Enter the withdrawal amount and your bank account details.
• Choose the withdrawal method (e.g., SEPA, SWIFT, etc.).
• Click "Send."

Step 3: Verify Transaction and Provide KYC Documents

• You may receive an email or phone call from Atomic Wallet to verify your transaction.
• Follow the instructions provided.
• If your withdrawal amount exceeds certain thresholds, you may need to provide Know-Your-Customer (KYC) documents for identity verification.

Additional Notes:

• Withdrawal fees may vary depending on the method chosen.
• Transfer times may vary from a few hours to several days.
• Ensure that your bank account information is correct before initiating the withdrawal.
• Keep in mind that exchange rates can fluctuate, so the amount received in your bank account may differ slightly from the amount exchanged.