You should withdraw money from Tonkeeper to your bank account or PayPal whenever you need the funds in your local currency.
In order to know how to withdraw money from tonkeeper to bank account & paypal, we should say, there are several methods, each with different steps, fees, and levels of reliability. Here in this essay we describe some of important ones.
How to transfer money from tonkeeper to my bank account with Centralized Exchanges
This method is described as the better and cheaper way to transfer funds to a bank account.
- First, send your crypto (like Toncoin or USDT) from your Tonkeeper wallet to a centralized exchange like Binance, Bybit, OKX, or MEXC. Ensure you are sending it to the correct wallet address on the appropriate network.
- Next, on the exchange, sell your crypto for a fiat currency.
- Finally, withdraw the fiat currency to your bank account.
Notes on how to withdraw money from your tonkeeper with centralized exchanges: This method relies on the reputation and security of the chosen exchange and its support for your specific crypto and fiat currency.
It is important to ensure that the centralized exchange supports the specific cryptocurrency being sent and that it is on the correct network, as sending to an unsupported network may result in the loss of funds. Also, users should verify whether the centralized exchange supports the desired fiat currency for withdrawals in their region.
Tonkeeper’s “Buy and Sell” Feature
How to transfer money from tonkeeper to bank account? Tonkeeper has a built-in feature to sell crypto through third-party providers. This is a more convenient, but typically more expensive option.
- Use the “Buy and Sell” option in the app.
- Choose either “Mercurio” for credit card withdrawals or “Advan Chain” for bank card withdrawals.
- Input the amount of TON coins you want to withdraw and select your desired currency.
- The amount will be converted and transferred to your bank account.
This method typically involves higher fees, around 2-3%. You may need to create an account with the third-party provider and complete KYC.
Methods for Transferring from Tonkeeper to PayPal
If you still have the question, how to transfer money in tonkeeper; we can offer you another way. This method relies entirely on third-party exchangers found on BestChange.com, so users should be aware of the potential risks.
The reliability of the transaction depends on the specific exchanger chosen, and users should always verify their reviews and reserves to ensure a smooth transfer.
In this method, the transfer is not direct, and there may be a time delay between sending the Toncoin and receiving the USD in PayPal. This method is the only way to transfer from Tonkeeper to PayPal according to the sources.
Exchangers via BestChange.com
How to transfer money from tonkeeper to paypal with BestChange.com? This method is the way to transfer Toncoin to PayPal, according to the sources.
- Go to BestChange.com to find an exchanger that handles Toncoin to PayPal transactions. Choose one with many positive reviews and check their minimum withdrawal amount and reserves.
- Enter the amount of Toncoin you want to send, along with your PayPal email and contact email.
- The exchanger provides a Toncoin wallet address and memo. Send your Toncoin to this address via Tonkeeper, including the memo.
- Once the exchanger receives the Toncoin, they will send the equivalent USD to your PayPal account.
- This method is dependent on the reliability and reserves of the chosen exchanger.
Important Considerations of how to withdraw from tonkeeper
- Transactions on the Ton network require gas fees, usually paid in Toncoin. Make sure you have enough Toncoin in your wallet to cover these fees. If using a W5 wallet, gas fees can be paid in USDT.
- If you have a normal Tonkeeper wallet, every transaction will require gas fees in Toncoin, but if you have a W5 wallet, you can pay gas fees with USDT when sending USDT.
- If you have smaller coins not accepted by major exchanges, you can use the swap feature in Tonkeeper to exchange them for major currencies like USDT or Toncoin. This will incur fees and could be subject to slippage.
- Be aware of all fees, including transaction fees, conversion fees, and withdrawal fees.
- Some third-party providers or exchanges may require you to sign up for an account and complete KYC verification.
- Check the withdrawal limits and processing times, and whether your bank accepts transactions from crypto platforms.
How to transfer money from bybit to tonkeeper wallet
How to transfer money from bybit to tonkeeper wallet? transfer cryptocurrency from a centralized exchange, like Bybit, to a Tonkeeper wallet, is a necessary step in withdrawing funds from Tonkeeper to a bank account. Here’s how to do it
Obtain the Tonkeeper Wallet Address
In your Tonkeeper wallet, find your Toncoin or USDT address and copy it. To receive Toncoin, press the “receive” button in your Tonkeeper app.
This will give you the wallet address to which you will send the Toncoin from Bybit. If you are sending USDT, make sure you have a W5 wallet in Tonkeeper, which allows you to pay transaction fees in USDT.
Go to your Bybit Account
Navigate to your Bybit account where you hold the cryptocurrency you wish to transfer. In your Bybit account, choose the option to withdraw funds. Select the specific cryptocurrency you wish to send to your Tonkeeper wallet (e.g., Toncoin or USDT).
Paste the Tonkeeper wallet address you copied earlier into the designated field on the Bybit withdrawal page.
- If you are sending Toncoin, make sure that the network is also set to the Ton network.
- If you are sending USDT, make sure the network is the Ton network.
- Add a Comment or Tag (if required): Some centralized exchanges require a tag or memo in addition to the wallet address. For example, when sending Toncoin from Bybit, you may need to include a tag to make sure that the exchange knows the Toncoin is going to your account. If a comment or tag is required, copy it from your Bybit withdrawal page and paste it into the required field in Tonkeeper. If you’re ever curious about memo, head on over to the what is comment in tonkeeper wallet?
- Specify the Amount: Enter the amount of cryptocurrency you wish to transfer to your Tonkeeper wallet.
- Review and Confirm: Double-check all the details (wallet address, amount, network, comment or tag) to make sure they are correct, then confirm the transaction on Bybit.
- Transaction Processing: After confirming, the crypto will be sent from Bybit to your Tonkeeper wallet. The transaction will take some time to process.
Conclusion
In summary, If you don’t know, how to withdraw money from tonkeeper wallet to bank account, the most efficient and cost-effective method is using a centralized exchange. To transfer to PayPal, you must use a third-party exchanger found on BestChange.com. Always consider the fees, gas costs, and reliability of each method.