Best Wallet app including Withdrawal to Fiat

[hoff1985]

Hi there,

I‘m looking for a wallet app with some additional functions. I know about crypto.com, blockchain.com Coinbase etc. But want your opinion to find the best solution.

I know that a hardware wallet is the better choice but i don‘t plan to have that much money permanently on it that i need that kind of security.

What i want:
- Wallet (basic features)
- Possibility to withdraw Bitcoins to EUR Bank account fast(!) - some services take like 5-8 days or a.e crypto.com needs 3-5 days for internal review.
- No or high limits on withdrawals
- KYC process is no problem and i can provide everything thats needed.

Can someone make a recommandation? Ideally j have one app that can do both.

Thx
Andy

[1714824494]

1714824494

[1714824494]

1714824494

[1714824494]

1714824494

[OmegaStarScream]

With a built-in wallet:

- BitPanda

Without a wallet (you will have to send funds from your wallet to the exchange's address each time you want to sell):

- Coinmama
- Bitonic

I don't exactly remember how long Coinmama takes (keep in mind that the first transaction will take more time than the others), but for Bitonic, if you make an order before 12:00, they will process it instantly. Now, whether it will show in your bank account the same day or not, totally depends on your bank.

I understand that the amount is not that big, but I would still suggest you use Electrum + Coinmama/Bitonic instead of an exchange with a built in wallet.

[Lucius]

You can also consider Binance Jersey, they have deposits/withdraws in GBP/EUR which are free until Jun 30, 2020, and withdraw limit which is 10 000 EUR per day. Of the few people (from this forum) who have tried their service, feedback is that KYC is fairly fast compared to others.

[CucakRowo]

Perhaps you can consider to use PAYEER. I have an account in PAYEER.. but i never use the apps version. I use only the web version. Has made 2 transactions using Payeer, and till now there has been no obstacle (I hope not met any encounter obstacles.. Amen ).

[Mbitr]

There’s also some ‘banking ‘ companies that may be able to do what you want -

Wirex-  i use this and relatively easy to use , fees are OK
Xapo- updating currently , so no new accounts for the meantime
Revolut - relatively easy again , but you can’t take any crypto out at the moment - hopefully this feature will be added soon

Hope this helps 

[hoff1985]

Thank you so much guys! Bitpanda seems like a great option!!

I have Revolut but so far as you said you can‘t withdraw crypto there...

[Zotak337]

Hi there,

I‘m looking for a wallet app with some additional functions. I know about crypto.com, blockchain.com Coinbase etc. But want your opinion to find the best solution.

I know that a hardware wallet is the better choice but i don‘t plan to have that much money permanently on it that i need that kind of security.

What i want:
- Wallet (basic features)
- Possibility to withdraw Bitcoins to EUR Bank account fast(!) - some services take like 5-8 days or a.e crypto.com needs 3-5 days for internal review.
- No or high limits on withdrawals
- KYC process is no problem and i can provide everything thats needed.

Can someone make a recommandation? Ideally j have one app that can do both.

Thx
Andy

If you can provide every KYC details then there won't be any restrictions on how much you can withdraw per day or month, I recommend using Binance or Luno, I use Luno most times, on luno there are three types of KYC verifications you have to pass, LV1 LV2 and LV3, if you can pass all three your withdrawal will be unlimited

[Findingnemo]

You can also try localbitcoin which is not really a wallet app but they are providing best security features like 2FA,login guard for un authorized devices where you can convert your bitcoins into fiat in a matter of minutes.

[Mbitr]

Thank you so much guys! Bitpanda seems like a great option!!

I have Revolut but so far as you said you can‘t withdraw crypto there...

Hi OP , I don’t know f this is possible, but could you keep us updated on what you find is the best way - it’s something I’ve been thinking about recently and personally I’d like to know how you get on . Either in this thread or by pm , thanks 

[joniboini]

Another alternative is Crypterium which lets you withdraw your fiat to a Mastercard directly. I used them once and it's fine. But the fees are high and as always, require KYC for full features. If you just use it to exchange bitcoin to fiat and then transfer to your existing Mastercard card, then you need 2 level verification iirc. Please DYOR first btw.

[hd49728]

You can also try localbitcoin which is not really a wallet app but they are providing best security features like 2FA,login guard for un authorized devices where you can convert your bitcoins into fiat in a matter of minutes.

Localbitcoin is a P2P marketplace so the speed of trades depends on trade partner's responsiveness and how the trade is finished in internal or external bank transfers. Internal bank transfers give nearly instant transfers but external transfers probably cause a little long ones.

[Findingnemo]

You can also try localbitcoin which is not really a wallet app but they are providing best security features like 2FA,login guard for un authorized devices where you can convert your bitcoins into fiat in a matter of minutes.

Localbitcoin is a P2P marketplace so the speed of trades depends on trade partner's responsiveness and how the trade is finished in internal or external bank transfers. Internal bank transfers give nearly instant transfers but external transfers probably cause a little long ones.

The transfer speed depends on the country also, most of the countries now got the immediate transfer up to certain limits so we can get the trade done in less than an hour if the trading partner is extremely less responsive ut LBC suggest people on the first page who got less time response.