Welcome to this post, where we are going to see the best way to withdraw our cryptocurrencies to real money in Bitget.
We will go through all the steps so you don’t get lost, and you can have the value of your cryptocurrencies in your bank account once they are sold, paying the lowest possible commissions.
Unfortunately, Bitget does not have direct withdrawals to a bank account, but don’t worry. There is a solution for that. We will use Binance to withdraw the money to our bank account. If you don’t have an account and want to follow the steps, you can create one just below.
We are not going to look at how to sell cryptocurrencies, but you can find more Bitget guides below.
We will use Binance because it is a reputable exchange that has withdrawals to our bank account, and will allow us to convert our cryptocurrencies to real money. It also charges very small fees. There are other platforms that will also allow you to do this process, but they are usually not as popular or have higher fees. That is why we use Binance.
With that said, it’s time to get started. First of all, we will assume that you have USDT in your Bitget balance. If you don’t, sell your cryptocurrencies for USDT, which is the best way to convert your cryptocurrencies to real money.
With the USDT in the balance, we will look for them and click on withdraw or withdraw. Under chain name we select TRX (TRC20), the Tron network.
Now we will have to go to Binance to find the withdrawal address. To do this, we will go to wallet, spot wallet, and search for USDT. Here, click on deposit, and select the Tron trc-20 network and copy the address.
We go back to Bitget and paste the address we copied from Binance, which should start with T. With the address indicated, all that remains is to enter the amount, and confirm that all the information is correct before clicking on send. You will see that the fee is 1 USDT per send, which is really low. With everything checked, click submit and after a few minutes the USDT should appear in your Binance account.
To Bank Account
With USDT in our Binance balance, we will need to move it into our currency before withdrawing it to our bank account. Whether it is eur, gbp or usd our currency.
To do this, go to markets, fiat markets and look for euro/usdt or your currency pair. Here, we will go to the buy part, and we will exchange the usdt for euros, in my case, or the currency that you have in your account. We indicate the amount you want to exchange for your currency to withdraw, and click on buy eur.
If you go back to the main panel, you should see the currency you have exchanged. If so, click on withdraw or withdraw. Here, go to fiat and select your currency, and the method in which you want to withdraw the funds.
Where we find the credit card with a 1.8% approx. commission, but we will have it immediately in our bank account, or by transfer with a 0.80 € commission. Indicate the amount you want to withdraw and click on continue. Enter the information of the payment method you have chosen, your card or your bank account, and that’s it. If you have used your bank card, you will be able to see the balance directly in your bank account.
Bear in mind that if you use a bank transfer, if the money is being sent from a foreign bank there may be a high fee and it may be more worthwhile to use the card if this is the case.
I hope you have found it useful to withdraw your money from Bitget to your bank account in an easy, simple and low-fee way. Remember, if you don’t have an account with Binance you can create one just below.