Procedures To Withdraw Money From Bitcoin Account To Your Personal Bank Account With Ease

Bitcoin is a platform to make money on the internet. This platform or online market plan have been generating a lot of income for many. As of 2014 the worth of I bitcoin to now worth millions of dollars. Maybe you have made money wondering how to Withdraw Money From Bitcoin Account and enjoy the money. This article will be of great help to you, cool down and read carefully.

Bitcoin is a digital market system, Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Read the produrces below to withdraw money from your bitcoin account.

Steps To Withdraw Money From Bitcoin Account

This article cover  how Withdraw Money From Bitcoin Account using LUNO. Luno is a platform that allows you to make bitcoin transactions such as dopsit to bitcoin account, selling of bitcoin, buying of bitcoin and even Withdraw Money From Bitcoin Account.

 

Follow the Steps Below To Withdraw Money From Bitcoin Account  Using Luno

If you don’t have Luno account scroll down the page to  register.

 

Withdrawing funds from Luno to your bank account

  1. Go to your ACCOUNTS page by clicking it from the side menu.

Image:Procedures To Withdraw Money From Bitcoin Account With Ease

 

  1. Select your local currency account and click on WITHDRAW.

 

 

 

From the withdrawal page, ensure that the correct bank account is selected and enter the amount you wish to withdraw.

Image: Procedures To Withdraw Money From Bitcoin Account With Ease

 

ALSO READ: How To Sale Your Car Online | Ways To Market

 

Sign up for a Luno account

  1. You’ll get a free Bitcoin wallet, where you can store, send and receive your Bitcoin.
  2. Go to https://www.luno.com/signup (or click the “Signup” button on the home page)
  3. Enter your email address or use the option to sign up with Google / Facebook
  4. Pick a strong, secure password (seriously, a strong one – you won’t regret it)
  5. Click “Sign up”

We’ll email you a link. Click on it. This is to confirm that you have access to that email account.

 

Verify my identity

After signup, you have to verify your identity to buy or sell Bitcoin. The process is similar to opening a bank account. The Luno website and mobile applications assist with this process.

When you sign in for the first time, you’ll see the HOME page with the welcome card indicating your progress in the middle of the display.

Click on VERIFY NOW to begin the setup process OR click on SETTINGS in the side menu on the left.

 

Image: Bitcoin Account Creation

Confirm your mobile number

Enter your mobile number (don’t forget the country code) and click SEND CONFIRMATION SMS.

You will receive an SMS text message containing a code to confirm your mobile number. If you do not receive the SMS text message, click CALL ME INSTEAD and you will receive an automated voice call with the code.

Image: Luno Account

 

ALSO READ: Best Lucrative Business Ideas For Students To Engage In Campus

 

Enter your personal details

Enter your name exactly as it appears on your identity document. In some countries, we may ask you to enter your identity number and allow you to start buying Bitcoin immediately.

Image: Bitcoin

Verify your identity

If you are not automatically verified after providing us with your phone number and personal details in the steps above, you can verify your identity by submitting your identity documents. This feature is only available in certain countries.

 

To submit your documents:

 

From the side menu, click SETTINGS and next to verification click on UPGRADE.

Submit a high quality photo or scan of your national identity book, identity card or passport. The document should clearly show your personal identity number, names, date of birth and a clear photo.

Later, we may ask you to verify your address. To verify your address, please submit a high quality photo or scan of a proof of residence document where your name, address of residency and date of issue are clearly visible.

The document must not be older than 3 months from the day of its issue.

Accepted documents:

Utility bill

Bank statement with physical address

Municipal rates and taxes invoice

Lease or rental agreement

Mortgage statement

Telephone or cellular account

Recent insurance policy document

NOTE: They allow photos or scans of paper documents and PDF’s. We are unable to accept poor quality scans and online or mobile screenshots.

 

 

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