With the Bitget exchange, you can trade, deposit, and withdraw your earnings via a wide range of crypto and fiat withdrawal options. The exchange also allows users to withdraw their crypto assets into local banks in different regions across the world. Do you want to withdraw from Bitget directly into your bank account? Then read till the end to find out how.
Can I Withdraw From Bitget to My Bank Account?
Yes, you can transfer fiat funds into your local bank account using the fiat withdrawal option on Bitget. However, the ability to do so depends on the currency you wish to withdraw, the bank, and your location. You can only send funds to a bank supported by Bitget for fiat transactions using the speculated payment methods and supported currencies. Currently, Bitget has 11 supported fiat currencies that users can seamlessly deposit and withdraw funds with.
These currencies have specific payment methods ascribed to them by the Bitget exchange, which may include bank transfers to your local bank. We will explain further about the preferred payment method for each currency in the latter parts of this post, so hang on. In addition, it is essential to connect your bank account to Bitget for easier withdrawals. Visit the Payment method section on the exchange to link your bank account with Bitget using the ACH/Bank Transfer option.
Also, when you deposit funds into Bitget using a local bank, it automatically saves the account for future transactions with the bank. This way, you can select the bank to deposit and withdraw from Bitget into the bank account with a simple tap. Some payment methods may, however, require manual linkage of your bank account, especially if you’ve not made any deposit using that account.
Step-by-step Guide to Withdraw Money From Bitget to Bank Account
To withdraw money from the Bitget exchange directly into your bank account, follow these easy steps:
- Log in to your Bitget exchange account and tap on Trade → Convert to exchange your cryptocurrencies for fiat
- Next, open the Assets section, click on the Withdraw icon, and switch to Fiat withdrawal.
- Select your preferred currency (EUR, VND, BRL, etc.), then click Continue.
- Specify the amount of money you want to withdraw and choose the bank to withdraw to.
- Confirm the withdrawal details and complete the necessary verification prompts to successfully place a withdrawal order.
The withdrawal details will contain the attached fees, payment method, amount, and estimated processing time. Ensure you review and proceed to withdraw only when you’re satisfied with the terms. Bitget Support is also available if you face any issues post-withdrawal order. But we advise that you wait until the estimated arrival date has elapsed without receiving your money before raising complaints to Bitget Support.
Another way to withdraw from Bitget into your local bank account is through Bitget P2P. This option connects you with a wide range of crypto buyers who can trade in your preferred currency and send payments for crypto purchases into your local bank account. Visit the P2P → Sell section on Bitget, then choose a seller that supports bank transfers into your bank to withdraw from Bitget.
Fees & Available Payment Methods for Bitget Fiat Withdrawal
Here’s a breakdown of the transaction fees and payment methods for each currency supported on Bitget for fiat withdrawals:
| Fiat Currency | Available Payment Methods | Fees |
|---|---|---|
| AUD | ZEN | 0.5% |
| BRL | Bank Transfer (PIX) | 0.8% |
| CAD | ZEN | 0.5% |
| VND | Bank Transfer | 0.8% |
| CZK | ZEN | 0.5% |
| DKK | ZEN | 0.5% |
| EUR | SEPA | 0.5% |
| HUF | ZEN | 0.5% |
| NOK | ZEN | 0.5% |
| PLN | ZEN | 0.5% |
| CHF | ZEN | 0.5% |
Final Thoughts
The steps highlighted above make withdrawing money from Bitget to your local bank a seamless process. However, you can only withdraw from Bitget if the platform supports your bank and currency for fiat withdrawals. Remember to review the details before submitting a withdrawal request to prevent unexpected issues and hitches.
FAQs
Can I Withdraw From Bitget to Any EU Bank Account?
Yes, since most banks in the EEA and UK regions are supported by SEPA, you can withdraw funds into your EU bank account from Bitget. However, you need to avoid cross-border transfer methods, as refunds are not possible for those.
Are There Any Hidden Fees for Withdrawing Fiat Currencies?
All fiat withdrawal fees are displayed during the withdrawal process. Ensure you review the fee structure before confirming the transaction.
How Long Does It Take to Process a Fiat Withdrawal?
The withdrawal processing time depends on your local bank and chosen method, but generally, it ranges from 0-5 business days. Processing times are also displayed during the withdrawal process before you confirm the transaction.
