how to withdraw money from atomic wallet

Atomic Wallet, a non-custodial cryptocurrency wallet with over 500 supported cryptocurrencies, enables users to withdraw funds to external wallets or convert them to fiat currency through exchanges.

Nov 05, 2024 at 12:16 pm

How to Withdraw Money from Atomic Wallet

Atomic Wallet is a non-custodial cryptocurrency wallet that allows users to store, manage, and exchange over 500 cryptocurrencies. Withdrawals can be sent to any external wallet address or converted to fiat currency.

Steps to Withdraw Money from Atomic Wallet:

1. Navigate to the Withdraw Page:

• Open your Atomic Wallet app and click on the "Withdraw" button located on the left-side menu.

2. Select Cryptocurrency:

• Choose the cryptocurrency you wish to withdraw from the drop-down menu.

3. Enter Withdrawal Address:

• Enter the external wallet address or exchange address where you want to receive the funds.

4. Specify Amount:

• Input the amount of cryptocurrency you want to withdraw.

5. Add Transaction Fee:

• Specify the transaction fee you are willing to pay for faster processing.

6. Preview Withdrawal:

• Review the withdrawal details, including the destination address, amount, and fee.

7. Confirm Withdrawal:

• Click on the "Confirm" button to initiate the withdrawal.

8. Wait for Confirmation:

• The withdrawal will be processed by the blockchain network, which may take several minutes or hours.

Converting Cryptocurrency to Fiat Currency:

To withdraw in fiat currency:

• Create an Account: Register with a regulated exchange that supports fiat currency conversions, such as Coinbase or Binance.
• Sell Cryptocurrency: Sell your cryptocurrency for your desired fiat currency on the exchange.
• Transfer to Bank Account: Withdraw the fiat currency to your linked bank account or preferred payment method.

Additional Tips:

• Double-check the withdrawal address and amount before confirming.
• Choose an appropriate transaction fee to balance speed with cost.
• Consider using a hardware wallet for added security during withdrawals.
• Keep your Atomic Wallet app updated for the latest security measures.