How to Withdraw Money from CoinSwitch?

CoinSwitch offers a convenient platform for buying and selling various cryptocurrencies. However, understanding the process is crucial when withdrawing your funds.

This guide will walk you through everything you need to know about withdrawing money from CoinSwitch, covering types of withdrawals, step-by-step instructions, fees, and troubleshooting tips.

How to Withdraw Money from CoinSwitch?

Requirements:

• A verified CoinSwitch account with KYC completed.
• An active bank account linked to your CoinSwitch account.

Steps:

1. Log in to your CoinSwitch account.
2. Click on the “Wallets” tab.
3. Select the “INR” wallet.
4. Click on “Withdraw”.
5. Please enter the amount you want to withdraw (ensuring it meets the minimum limit).
6. Select the linked bank account for receiving the funds.
7. Review the withdrawal details (amount, fees, estimated arrival time).
8. Click “Confirm” to initiate the withdrawal.

Fiat withdrawals typically take 1-2 business days to reach your bank account.

Withdrawing Crypto to Another Wallet

Requirements:

• A verified CoinSwitch account.
• A compatible receiving wallet address for the chosen cryptocurrency.

Steps:

1. Log in to your CoinSwitch account.
2. Click on the “Portfolio” tab.
3. Select the cryptocurrency you want to withdraw.
4. Click on “Withdraw”.
5. Enter the receiving wallet address.
6. Select the network (if applicable).
7. Please enter the amount you wish to cancel (ensuring it meets the minimum limit).
8. Review the withdrawal details (amount, fees, estimated arrival time).
9. Click “Confirm” to initiate the withdrawal.

Crypto withdrawals typically take minutes to hours, depending on network congestion and the chosen currency.

Conclusion:

Withdrawing funds from CoinSwitch is straightforward when you understand the available options and follow the correct steps.

Remember always to be cautious with your withdrawal information and fees, and don’t hesitate to contact CoinSwitch support if you encounter any issues.

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