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How to cash out cryptocurrency instantly to your bank card

July 2, 2019

Long gone are the days when people thought cryptocurrencies were mainly a speculative investment instrument. While volatility in the market remains high for certain assets like Bitcoin, the introduction of stable cryptocurrencies has changed the perception over digital currencies.

Nowadays, an increasing number of people are turning to digital money because of their unique flexibility when it comes to sending and receiving funds international. Unlike fiat currencies, cryptocurrencies do not touch the heavily bureaucratic banking system.

Instead, digital currencies move seamlessly across the world as transactions are processed transparently and efficiently on their respective blockchains.

Despite the numerous advantages of cryptocurrencies against their paper-based counterparts, we are still a long way to go before everyone accepts digital cash. For that reason, it is important you not only can purchase crypto easily, but also have simple and cost-efficient vehicles to redeem digital assets for fiat money.

Crypterium has developed the fastest way to cash out cryptocurrency. From now on, you can send your digital currencies straight to your bank card anywhere in the world in under 1 minute.

 

  • Works with any MasterCard in the world

  • Your money arrives to your card in minutes

  • Minimum cash out: 20 EUR (per transaction)

  • Maximum cash out: 150 EUR (per transaction)

  • Monthly cash out limit: 1000 EUR (per month)

  • Commission: 1 EUR + 1.5%

 

Ready to try this feature? Let’s get started!

 

 

To cash out cryptocurrency instantly, open your Crypterium App on your iOS or Android device and click on the ‘Cash Out’ feature inside the ‘Money Transfer’ section.

 

 

Select the source balance for your cash out transaction. Keep in mind that Crypterium will be adding new digital currencies to the app in the near future. As soon as these become available in the app, you’ll be able to withdraw them too. 

 

 

Enter your 16-digit credit or debit card number. For the moment, our cash out service only works with MasterCard. This is a global service and supports MasterCard accounts from all over the world. Crypterium will not ask for your CVV/CVC.

 

 

Input the exact amount of cryptocurrency you wish to withdraw. You can also enter the amount of fiat money you want to receive on your card. Our system will automatically display the exchange rate, estimated operation time and total fee.

Our AI-based bid-offer matching engine Crypterium SX dynamically monitors rates from the top exchanges and picks the best one available at the moment of your transaction. Once you’ve filled all necessary fields, the ‘Pay’ button will go yellow. Click on it to continue.

 

 

You’re almost done. Simply verify that all details are correct and press ‘Pay’ again to confirm the transaction. That’s it. Money is now on its away and will hit your card anytime soon.

Cashing out Bitcoin or any other cryptocurrency shouldn’t be difficult or expensive. This crypto cash out method allows you to convert cryptocurrency to cash instantly. Wait. Still don't have any crypto...?

 

 

About Crypterium

Crypterium is leading fintech startup awarded by KPMG and H2Ventures. Our goal is to ensure anyone can store, send, exchange and spend digital currencies with the same ease as traditional money.

Crypterium is led by the former General Manager of Visa Central & Eastern Europe, Steven Parker, and C-level executives from global financial institutions like Renaissance Insurance, London Derivatives Exchange, American Express, etc.

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