How to Withdraw Cryptocurrency to Card?

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Many investors, having received their first earnings on digital assets, often ask: “How to withdraw cryptocurrency to a card in Ukraine?” “How to convert USDT into USD or UAH?” In this case, a crypto exchange can be the optimal solution. Such services quickly process transactions and do not impose strict requirements on clients.

  

We have collected the most relevant information about crypto exchanges in Ukraine. Learn how to withdraw cryptocurrency to your card safely and with minimal commissions. 

How Does Crypto Exchange Work? 

If you have ever had to buy or sell USD in exchange offices, you can easily understand the principle of crypto exchangers. They operate according to a similar scheme, only in the online mode, and provide opportunities to exchange digital money for fiat money and vice versa. 

ObmenAT24 is a service that provides a wide range of crypto exchange services. You can buy and sell Tether, exchange Bitcoin and Ethereum, withdraw cryptocurrency to a Ukrainian card, and even cash out digital tokens. 

Key Considerations for Withdrawing Cryptocurrency to Card in Ukraine 

Before you withdraw Bitcoin to card, we recommend familiarizing yourself with the nuances of digital money exchange in Ukraine: 

  • From March 2, 2023, users of exchanges in Ukraine are temporarily unable to withdraw assets to bank cards. Replenishment is also unavailable. Financial institutions consider such operations as high-risk and block them. The order on such restrictions came from the National Bank as part of the campaign to control illegal gambling. 
  • Services of crypto exchanges and P2P platforms are alternative methods that still allow you to withdraw cryptocurrency to your card 
  • Cryptocurrency transactions are taxed according to the general rules. If you record a profit during withdrawal, you need to pay an 18% personal income tax and a 1.5% military levy. The rates may change after the adoption of the law on the regulation and taxation of virtual assets. 

Choosing an Exchange Service for Cryptocurrency Withdrawal: Essential Criteria

To safely exchange crypto, you should be careful when choosing a service. Below are the criteria that you should consider: 

  • The reputation and operating time of the exchanger; 
  • Customer feedback (ratio of positive to negative);
  • Supported cryptocurrencies; 
  • Reserves, limits, and commissions; 
  • Interface simplicity and speed of crypto withdrawal; 
  • Registration (mandatory/non-mandatory); 
  • Professionalism of the support service and response rate; 
  • Privacy and security standards. 

Effective Methods of Cryptocurrency Withdrawal to Card 

Below, we describe the most convenient methods that will help you perform the exchange of digital money to fiat money. 

P2P 

These are marketplaces where sellers of cryptocurrencies can find buyers and vice versa. Here, you can independently select the offer with the most favorable rate. P2P can operate as standalone platforms or be part of the exchange infrastructure. 

Online exchanges 

It is the simplest method of crypto exchange. A user selects a currency pair and specifies the withdrawal amount and card number. After paying for the transaction, the service performs the transfer. Exchangers charge commissions for their services. When choosing a service, the key attention should be paid to security. 

FAQ

1. How to withdraw cryptocurrency to a bank card via ObmenAT24?

Our crypto exchange provides a convenient exchange algorithm, which includes only 5 steps. You need to: 

  • click the “Sell” or “Exchange” tab in the calculator menu; 
  • find a suitable currency pair and enter the amount; 
  • provide the requested data and account details; 
  • confirm and pay for the transaction; 
  • receive the money on the card. 

If you are looking for a way to withdraw USDT to a card quickly and with minimal fees, ObmenAT24 is the crypto exchange that will meet your needs. We work with PrivatBank, Monobank, and Visa/Mastercard cards of other Ukrainian banks. We have no verification and do not require customers to register on the site. Transaction processing takes 10-15 minutes. Commissions are minimal.

2. How to ensure the safety of withdrawing cryptocurrency to the card?

You need to use exchangers that work officially and have the appropriate license. To protect against fraudsters, look for services that offer two-factor authentication and data security. When withdrawing cryptocurrency, always check the correctness of the account details to which you want to receive USD or UAH. 

3. What restrictions you can face when withdrawing crypto tokens to a card, and how to overcome them?

At the moment, there is no possibility of transferring crypto from an exchange wallet to a Ukrainian bank card. The temporary restriction of the NBU was introduced to counteract illegal business.

Do you need to urgently exchange cryptocurrency to cash? ObmenAT24 provides offline exchange services through partner offices in major cities of Ukraine. You can apply via the website or Telegram.