What kind of crypto wallet is required to withdraw?
- Thread starter kerryjoy
- Start date
You need to know the working mechanism of cryptocurrency and how to use wallets in withdrawal. From your question, it is obvious you don't know how cryptocurrency withdrawal mechanism works. First, you must know that even cryptocurrency exchange have internal wallet where you can deposit funds and use P2P to withdraw to your local account. It will take you time to grasp the concept. Learn how it works and you will enjoy seamless transactions with cryptocurrency.
Minimum for P2P transactions is exchange 50 USD or more means you need to cashout 18 times 3 $ to exchange to local market or bank account, some exchangers go to exchange more like minimum 100 USD or 200 USD, exchange 3 $ in P2P transactions doesn't seems to be accepted rate, rarely you find someone exchange P2P from 20 USD.
P2P don't have minimum exchange rates. I use to do less than $5 in Binance P2P.
Depends on your country, in my country you rarelly find someone exchanging for 5 $, minimum exchange to bank account is 20 usd, but most of them do starting from 50 usd.
Five bucks? That’s not an exchange, that’s pocket lint
Exactly and exchangers from crypto to fiat requires most of them starting from 20 usd, but majority from 50 usd to do bank wire to your local bank account I mean local exchangers.
