This Section 5 applies to: (i) all trades completed via the Services, (ii) your purchase and/or sale of Bitcoin directly from Infinite Loop Development Ltd via the Services, and (iii) any transaction in which you load Funds into your Bitcoin To Bank Account.com Account from your External Account or push Funds from your Bitcoin To Bank Account. Any name you use to register on LUNO should be the name you used to open your bank account so that there won’t be two different names representing one person. To withdraw bitcoin into your bank account, simply rush to the home page and click on “More” under your BTC balance. Usually, you’d need to send your bitcoin from your wallet to either an exchange that deals in fiat and sell it to transfer bitcoin to your bank account. Then sell it, and withdraw. Most people have to go through various steps to transfer their bitcoin and crypto into their bank account such as: Move from cold storage to an exchange.

• How Do I Get Bitcoin Into My Bank Account Now
• How Do I Get Bitcoin Into My Bank Account
• How Do I Deposit Bitcoin Into My Bank Account On Cash App

How Do I Get Bitcoin Into My Bank Account Now

Through your payment gateway or point-of-sale app

• If you’d prefer your customers’ BCH payments to be automatically converted into your local currency before you receive it, this can be done.
• Simply choose a payment gateway (online businesses) or point-of-sale app (in-store businesses) that offers this service, such as Bitpay.
• The service provider will receive the BCH paid by your customers and then deposit the equivalent amount of your chosen currency in your business bank account, usually on the next working day.
• There is a small charge for this service which will be deduced from the payment before you receive it.

Through a cryptocurrency exchange

How Do I Get Bitcoin Into My Bank Account

• If you’re using a payment gateway or point-of-sale app that sends your customers’ BCH payments directly to your digital wallet, you can convert it yourself through a trusted cryptocurrency exchange.
• You can either exchange it for a fiat currency (e.g. USD, GBP) or for another cryptocurrency, such as Bitcoin (BTC) or Ethereum (ETH).
• To convert the BCH into your a fiat currency you’ll need to use an exchange that supports fiat-to-cryptocurrency exchanges, such as Bitcoin.com Exchange.
• Create an account and send the BCH from your digital wallet into the web wallet on your cryptocurrency exchange account.
• Follow the instructions provided by the exchange to sell your BCH through their platform.
• The exchange will then buy your BCH and send payment in your chosen currency to your bank account, minus the fee that they charge for this service.

Through a trading platform

How Do I Deposit Bitcoin Into My Bank Account On Cash App

• You can also sell the BCH in your digital wallet through a peer-to-peer trading platform, such as Local.Bitcoin.com.
• Create an account and list the amount of BCH you want to sell, as well as which payment type you’d like to accept.
• This can include in-person cash payments or online payments such as bank transfers.
• You’ll send the BCH from your digital wallet to a secure blind escrow account and, once you’ve received the agreed payment from the buyer, the BCH will then be released and sent to their wallet.
• Fees are significantly lower on these trading platforms, meaning you get to keep more of the money you earn.