Welcome to this tutorial, where we are going to see how you can withdraw your funds to real money to your BitMart bank account.
It is possible to withdraw money to your bank account from BitMart with the steps we will now see and withdraw your profits or losses to your bank account. For this, we use Binance, the #1 and most used exchange. If you don’t have an account with Binance, you can create one just below to follow the tutorial.
If you are new to BitMart, you can find below other guides to learn how to use this platform.
With that said, it’s time to get started.
Sending to another Exchange
The first step, we assume you already have USDT in assets. If not, sell your cryptocurrencies for USDT to follow this guide. We use USDT because it’s a stablecoin and it’s easy to ship, cheap and fast.
With the USDT ready, search for it and click withdraw/withdraw. The network name select Tron (TRC20).
Now let’s go to Binance to find the address. For this, go to wallet, spot wallet, and search for USDT. Here, hit deposit, and we will select the Tron trc-20 network and copy the address.
Let’s go back to BitMart and paste the Binance address, which starts with T. After entering the address, you only need to enter the amount, and confirm that all the information is correct before clicking send. You will see that the fee is usually 1 USDT to send, which is quite low. With everything checked, click on send and after a short while the USDT will appear in your balance.
Withdrawing from Binance
Now, the next step is to convert it to your currency before you can withdraw it to your bank account. In my case, I have to convert the USDT to euros. So let’s see how to do it.
In order to do this, we will have to go to markets, and legit markets. Here, we will have to look for the pair with the currency, in my case EUR/USDT. In your case, the same with your currency instead of EUR. We will indicate the amount we want to buy EUR or your currency with USDT. With the amount indicated, click on Buy, and that’s it. You will now have your currency.
We will return to the main interface, and you will be able to see your currency now with the amount you have exchanged. The next move is to click on withdraw/withdraw and Fiat. With this, we indicate the currency and the payment method so that your account can be credited.
Here there is the credit card with a fee of approx. 1%, but it arrives instantly. The other option is by bank transfer with a €0.80 fee. Indicate the amount you want to withdraw and finally, click on continue. Enter the details of the payment method you have selected, debit/credit card or bank transfer, and that’s it. You will be able to see the money in your balance.
I hope this has helped you to withdraw your BitMart real money funds to your bank account. If you don’t have an account with Gate.io, you can create one just below.