People often focus on the best and most trusted platform when it comes to digital currency-relevant activities. Blockchain.com is a popular place for crypto investors and traders today. It allows individuals to buy, sell, trade, and earn interest from staking. The platform has gained immense popularity and trust in the crypto space. It provides a vast array of products to customers. Many individuals search for how do i withdraw bitcoin from my blockchain com account online. You can avail of a blockchain wallet to store digital currency securely.
It is the best wallet for Bitcoin and Ethereum for keeping large amounts of funds because of protection and security. One can acquire digital assets from the web and mobile. With blockchain.com wallet, you can purchase assets and exchange and store them perfectly. Users have complete control of digital currency, backup funds, and safeguard from unwanted access.
Related Blog: How To Withdraw USDT From Blockchain Account?
Step-by-Step Procedure for Withdrawal
If you want to withdraw crypto, you can follow the step-by-step guidelines to finish the withdrawal process. When you send bitcoin from blockchain.com wallet and another wallet, you can click on send button. Before proceeding with the withdrawal process, you must know the essential things required for it.
Currency And Wallet
Users must choose the currency they wish to send from the blockchain.com wallet. You can go for the required wallet in the dropdown menu if you have more than one of your preferred wallets.
Bitcoin Address And Amount
Bitcoin address and amount are essential factors for the withdrawal process. Users enter accurate addresses where they wish to send crypto. The address may be a long string of letters and numbers and paste them or scan with a QR code. After entering the QR code, users enter the amount they want to send. Then, you can choose the network fee that appears on the screen and click continue to finish the process.
Crypto owners have great options to manage, sell, swap, and withdraw assets to a defi wallet. It helps users send digital currency to external addresses. You must understand the critical things needed to begin the withdrawal process and follow a few steps to finish them.
Check Account Value
If you want to Withdraw Bitcoin From My Blockchain Com Account, you can visit the official portal, move to the total account value page, and choose to withdraw. After checking the account value, people consider ways to withdraw bitcoin from my blockchain com account.
Choose Supported Currency
Blockchain.com supports a variety of digital currency that helps users very much. When using such a platform, you can come across a vast range of currencies in a single place. You can find bitcoin from the dropdown menu and go to the withdrawal window.
- Users must add a memo to secure the funds.
- Then, enter the amount you want to withdraw with a two-factor authentication code and withdraw the asset.
- When you prefer an external wallet for the withdrawal process, you can focus on the next step.
Log in Third-Party Wallet or Exchange
You must keep an account if you use a third-party exchange or wallet. It is the best option to retrieve the deposit address. People may also use blockchain wallets for third-party withdrawals. After logging into a third-party source, you can navigate to the account deposit screen. Then, you need to copy the deposit address for the account and use them as a withdrawal process on the exchange account.
Paste withdrawal address
After the above step is over, you can paste the withdrawal address in the relevant field. You must paste the address correctly in the address tab. Then, you can input the currency want to withdraw with two-factor authentication and choose to withdraw option.
Activate Whitelisting
Users have the opportunity to activate whitelisting for security purposes. It is best to limit withdrawal to the address you want to whitelist or wallet address. On the exchange page, you can click on enable whitelisting and save an address for future purposes.
Confirm Transaction
After entering relevant details, you must check them once again. You can click on the preview option to check the entered information. Then, click on confirm option to finish a transaction. If the withdrawal takes place on-chain, feel deducted from the withdrawal.
Once the transaction confirms on the ideal crypto network, the fee can pay to the miner. Network fees may vary for different digital currency networks. You can check the network fee and make the final decision to start and finish the withdrawal.
Pros and cons
If people want to use blockchain.com, they often consider the pros and cons. Based on it, they make a wise decision to utilize ideal exchange and carefully deal with withdrawal.
Pros
- Users have complete control of assets with private keys
- It accepts three different forms of fiat currency
- Industry-oriented trading fees
- Users avail of interest in crypto investment
- The airdrop program is beneficial for users to access free crypto
Cons
- Some users experience safety problems frequently
- Margin trading is not available in certain regions customer
- Charge some percentage for withdrawing assets.
Conclusion
Cryptocurrency creates a significant impact on people’s lifestyle and lets them handle investment-relevant activities safely. With the advent of technology, you can spend time on the web to search for exchanges and choose the ideal one. You can access a complete guide to using the exchange platform. The guide provides you with accurate information regarding registering and setting up an account, buying, selling, sending, and withdrawing assets.
The above details are helpful for people to understand more about the withdrawal process. Users wait for a few hours to confirm the transactions on the network. It takes time based on congestion on the crypto network and transaction size. You can never panic about anything. Blockchain.com customer support readily helps you and brings peace of mind to solving query in the withdrawal process and let you follow every step carefully. You can never hesitate to contact customer support and check the account to ensure everything is fine.
