What to choose when withdrawing cryptocurrency to a card or bank card in cryptocurrency
Lately, I have been increasingly forced to use cryptocurrencies in my work, or, to be more precise, stablecons.
There are quite a lot of advantages in using Tether and similar monetary units - relative anonymity, instant transfer and fairly low commissions.
Until recently, the main disadvantage of cryptocurrencies was the complexity and cost of exchanging them for regular currencies.
But with the growth of liquidity, this type of money, the process of using it in real life is greatly simplified.
I myself use two options to solve this problem - an exchange office and a plastic card from Binance. It all depends on where you want to transfer money. I didn’t try to withdraw directly from a crypto wallet due to many negative reviews.
We withdraw cryptocurrency through an exchanger to national currency
If you need to exchange cryptocurrency at a good rate for Russian rubles, hryvnia, Belarusian rubles or Kazakh tenge, the easiest way to do this is using an exchange office: The best
offers are listed on the website https://www.bestchange.ru/ here you can choose from the rating of exchange offices the one that suits you. There are often restrictions on the minimum exchange amount; they are indicated on the sign in the “Give” column.
Usually the exchange time takes no more than a couple of minutes; after payment, the money is almost instantly credited to the card in the currency of your country.
Unfortunately, withdrawing money to a dollar card in this way is quite difficult or very expensive; in most exchange offices there is only the possibility of withdrawal to electronic payment systems such as Webmoney, Skrill, Payeer and PayPal.
Change cryptocurrency to US dollar or pay in euros
If you need to receive money in euros or dollars, you can use a plastic card from Binance:
At least for me, this option turned out to be the most convenient and profitable, since you can easily transfer money in freely convertible currency to a bank account abroad.
The algorithm of actions in this case is quite simple:
• Open an account on Binance – https://www.binance.com/
• Transfer cryptocurrency to it
• Order a bank card
In this case, you can order either a virtual card, which is active in a couple of minutes, or a real one, it arrives in the mail in a couple of weeks.
Next, the card from Binance can be used in the following way - pay in euros where euro currency is accepted or exchange euros for another currency through online exchange offices, for example, in Poland.
To exchange, you will need to register on the website https://www.kantor.pl/ or similar ones, then replenish your wallet using a Binance card in euros, and then change it to the US dollar, Polish zloty, Swiss franc or other currency and order a transfer to your bank account in this currency in any country in the world.
If you wish, you can pay directly with a Binance card, but if your currency is different from the euro, then the conversion cost can be about 15%.
Perhaps there are other options for exchange and withdrawal, the ones described above seemed to me the most convenient and profitable.