Crypto withdrawals - NETELLER (2024)

FAQs

Why can't I withdraw on NETELLER? ›

Your NETELLER account needs to be verified. We may ask you to verify your bank account (available on web only). If you see “Bank not supported” after you enter your bank details, it means we do not work with your bank, and you will need to fill in an alternative bank account.

Withdraw your crypto

Converting your crypto back into fiat (e.g., GBP) with NETELLER is quick and simple. With our app you can also withdraw your cash straight into a cryptocurrency address. *This service is currently available in selected countries only.

Note that if your bank account is in a different currency, your bank may apply additional currency exchange fees. How long does it take to receive the money in my bank account? It may take 1 day up to 5 business days for the withdrawal to arrive in your bank.

A cryptocurrency withdrawal can be rejected for the following reasons: An invalid wallet address, or missing destination tag/memo ID, was submitted in the withdrawal request. The wallet address submitted has been flagged by our system as high risk.

The mobile wallet withdrawal option lets you transfer money from your NETELLER account to a personal mobile wallet. Check in your account whether this option is available for you. Mobile wallet Money Out are instant and are always sent in the local currency.

You can send money from your available NETELLER Fiat balance to an external crypto wallet by following these steps: Visit the Money Out section in your NETELLER account and select Crypto Wallet.

Crypto.com users can withdraw USD from the App by selling crypto to their USD fiat wallet and transferring USD funds from this wallet to their U.S. bank account(s) on the ACH network.

You can buy and sell crypto using your primary NETELLER account balance in fiat currency (EUR, USD, etc.), allowing you to hold an interest in a range of cryptocurrencies. With this functionality you can receive email and push notifications when a desired crypto exchange rate is reached and monitor price changes.

NETELLER does not operate in the USA. You can check out our Skrill digital wallet that is available in the USA instead.

How reliable is NETELLER? ›

NETELLER is developed with the same demands on security and performance as the sites used for bank services and share trading. Your account login, personal details and all money transactions are protected using Secure Socket Layer (SSL) technology with high security 128-bit encryption, certified by VeriSign.

Both e-wallets offer apps for iOS and Android, and both offer pre-paid payment cards for extra fast access to your money. In most areas, Skrill is cheaper, offers more currency options and is accessible in more varied geographic locations.

Your crypto withdrawals may be temporarily restricted for a few different reasons: Sign-In From a New Device. Pending Bank Transfer (ACH) Pending Debit Card Transfer (24 hour hold)

It can take anywhere between 1 and 24 hours for a transaction to be processed on the blockchain. Additionally, due to regulatory requirements, all outbound transactions need to be reviewed by us before being processed on the blockchain.

Bitcoin and Ethereum transactions require a certain number of network confirmations before they are considered final. Transactions appear as Pending until the required number of network confirmations has been reached. Transactions require a miner fee to be confirmed by the network.

A bank account freeze means you can't take or transfer money out of the account. Bank accounts are typically frozen for suspected illegal activity, a creditor seeking payment, or by government request. A frozen account may also be a sign that you've been a victim of identity theft.

Unsettled Funds are any funds in your account that are still being processed. These funds could be from a Deposit, a Sell Order, or Free Slices of Stock. Once the funds have settled, you will see the balance available for withdrawal.

Common reasons for placing a hold on a check or deposit include but are not limited to: Accounts with frequent overdrafts. New customer. High-dollar deposits that exceed the total available balance in the account.