Withdrawing your funds from Bitexly — whether to your bank account or an external crypto wallet — is a simple process once you have completed identity verification. This guide covers both fiat and crypto withdrawals in detail.
Withdrawing Cryptocurrency to an External Wallet
Navigate to Wallet and select Withdraw. Choose the cryptocurrency you want to withdraw. Enter the destination wallet address carefully — triple-check it, as blockchain transactions are irreversible. Select the correct network (matching your destination wallet’s network). Enter the amount you want to withdraw. Review the withdrawal fee and confirm the amount you will receive after fees. Submit the withdrawal and confirm it using your 2FA code. You will receive an email confirmation with a link you must click to finalise the withdrawal.
Withdrawing Fiat to Your Bank Account
To withdraw fiat currency, navigate to Wallet, then Withdraw, and select your local currency (such as USD, EUR, GBP, or NGN). Ensure your bank account details are saved and verified in your account settings — you can add bank accounts under Profile and then Payment Methods. Enter the amount you wish to withdraw, review any applicable fees, and confirm. Fiat withdrawals typically process within one to three business days depending on your bank and country.
Withdrawal Limits
Withdrawal limits vary based on your account verification level. Basic verification allows daily withdrawals of up to the equivalent of $10,000. Advanced verification (which requires proof of address in addition to ID) raises the daily limit to $500,000. Enterprise accounts have customisable limits — contact our institutional team for details.
Withdrawal Security Best Practices
Bitexly implements a 24-hour withdrawal lock for new wallet addresses. If you add a new destination address, withdrawal to that address will be temporarily suspended for 24 hours as a fraud prevention measure. Ensure your 2FA is active and your email account is secure — your email is a critical part of the withdrawal confirmation process.
