BTC Markets SMSF offering includes: Tax Reporting. Tax Reporting feature for annual audit preparation. Designated SMSF account. Access BTC Markets global network through our liquidity providers. Friendly Customer Service. Established in , BTC Markets . Being a leading Bitcoin trading platform Coinbase allows its users to withdraw Bitcoin to bank accounts too. Residents of both EU and the US can receive money for selling BTC to their bank accounts, but it . P]eople can trade their BTC on OKEx despite the withdrawal suspension.” The Malta-based crypto exchange still remains the No. 1 position for bitcoin futures open interest, currently worth $
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Data from Chainalysis also indicate that after mining pools stopped sending bitcoin to OKEx, their newly minted cryptocurrency instead flowed to Binance and Huobi, both of which are also widely used in China. Miners are moving to the United States and Kazakhstan. Bitcoin's latest rally came after OKEx's suspension on all crypto withdrawal. Subscribe to First Mover , our daily newsletter about markets. Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Ripple Effect. Being a leading Bitcoin trading platform Coinbase allows its users to withdraw Bitcoin to bank accounts too.
It is possible to speed up the transaction if you own MasterCard or Visa. The cost of withdrawal also depends on the country and can vary from several dollars to several cents. This peer-to-peer platform was founded in and its headquarters are located in Helsinki, Finland. It is a decentralized platform aimed at matching people who want to sell or buy cryptocurrency. Users of the platform can negotiate to trade on the platform by answering ads created and meet in person or transfer money to the bank account or wallet.
There are over 40 payment methods on the service and bank wire transfer is among them too. If you want to cash out Bitcoin using this P2P platform, it is necessary to follow this procedure:. The main benefit of this platform is the security of the transactions made and the possibility to sell Bitcoin for a higher price depending on the payment method preferred. Being another old trading platform Coinmama was established in and now offers one of the most comfortable ways to convert BTC to cash.
The process of selling Bitcoin and getting money to the bank account using Coinmama is very simple:. When the platform receives Bitcoin to its wallet, it will immediately send funds via SEPA transfer and it usually takes days to deliver them. This platform specializes in crypto trading on the territory of the EU and is one of the most reputable exchanges known today. Founded in , it offers one of the cheapest ways to buy and sell Bitcoin via bank transfer or SEPA. The platform offers to buy, trade, save, back up cryptocurrency as well as sell it.
The transaction fee for selling crypto on Bitpanda is 1. To be able to buy or sell BTC, you must be a verified user. The withdrawal process can be performed at any time of the day only in Euro using one of four methods suggested:. It means that people from different countries can easily get money to their bank accounts if they have one of these e-wallets or live in Europe.
Residents of Europe can transfer Bitcoin to their bank accounts using SEPA, while citizens of other countries can take advantage of bank wire transfers though they are more expensive ones. In general, withdrawal fees are quite reasonable being only 0. What is interesting, every user can perform trading in five different ways: Instant order, limit order, market order, stop order, and credit card payout.
The withdrawal button is located in the same tab as the previous one and it is necessary to enter the amount of Bitcoin to cash out as well as choose one of 2 methods available: digital wallet or bank account. This exchange has the title of the largest Euro-denominated platform operating in the market and is a perfect choice for people who make a transfer to the bank of the Euro currency.
In fact, the withdrawal options suggested on Kraken are very different since people living not only in Europe but also in the US, Canada, Japan, and others can cash out money using it. The most popular methods look as follows:.