How To Withdraw Money From Crypto

The days are long behind us when banks would close your account in fear if you so much as thought about depositing fiat currency from a cryptocurrency exchange.

Nowadays, the main problem to solve is whether the exchange or wallet you’re using supports withdrawing crypto to a regular bank account (you would have to exchange it for your native currency first, of course).

Because withdrawing crypto in that way requires interfaces to the regular banking system; it’s not something wallets offer as standard, though there are one or two that have this facility (it’s called a “crypto off-ramp”, btw).

GCISL, in contrast to most wallets, does offer easy withdrawal to fiat currencies, as well as allowing you to withdraw your crypto to your own wallets. Both of these options have no withdrawal minimum amount, which is nice. For most coins there’s also no lock-in period: you can disinvest and withdraw at will.

So, what’s the withdrawal process? You can also use the step-by-step guides in our Help Centre for further guidance.