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How to withdraw fil coins to bank card

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Release: 2024-05-09 09:33:05
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How to withdraw FIL coins to a bank card: Choose an exchange that supports FIL coin withdrawals, such as Binance, Coinbase or Huobi Global. Transfer FIL coins to the exchange account. FIL coins are sold on exchanges as fiat currency. Withdraw fiat currency balances to bank cards, either via bank wire or third-party payment services. Wait for withdrawal processing time, usually 1-3 business days.

How to withdraw fil coins to bank card

How to withdraw FIL coins to a bank card

Step 1: Select an exchange that supports FIL coin withdrawal

Not all exchanges support the withdrawal of FIL coins, so first choose an exchange that supports the withdrawal of this token. Recommended exchanges include:

  • Binance
  • Coinbase
  • Huobi Global

Step 2: Transfer FIL coins to the exchange

If you store FIL coins in a personal wallet, you will need to transfer them to your account registered on the exchange. Follow the instructions provided by the exchange, which usually requires providing the receiving address and the amount of coins to withdraw.

Step 3: Sell FIL coins on the exchange

Once the FIL coins are transferred to an exchange account, you need to sell them for fiat currency, such as USD or EUR. Most exchanges offer a variety of trading pairs, including FIL/USDT, FIL/BTC, and FIL/ETH. Select the appropriate trading pair and execute the sell order.

Step 4: Withdraw fiat currency to bank card

After selling FIL coins, you will receive a fiat currency balance. You can now choose to withdraw this balance to your bank card. Most exchanges offer bank wire or third-party payment services such as Simplex or Wyre to process withdrawals.

Step 5: Waiting time

Bank wire withdrawals typically take 1-3 business days to process, while third-party payment services may take less. During processing, the funds will be in a "Pending" status and will not be available to you.

Precautions:

  • Withdrawal fees: Exchanges usually charge fees for withdrawals, and the specific amount varies by exchange and withdrawal method.
  • Verification process: When making a first withdrawal or a larger withdrawal, the exchange may require you to complete additional verification processes, such as identity verification or address verification.
  • Market Fluctuation: FIL coin prices may fluctuate, so be sure to check the exchange rate before withdrawing.

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