The Internet is rapidly evolving and is turning from an entertainment and information platform into a commercial one. Of course, most users spend time on entertainment and social networks, but every year there are more people who are interested in making a profit from the network.
After the digital currency appeared, many users began to actively look for simple ways to receive it. Some settled on the Bitcoin system. Most users follow a proven path - they start with cryptocurrency faucets, where you can get bitcoins for free, but it's not so simple.
Withdrawal problems
Users who did not initially think about how to withdraw money to Minergate or other cryptocurrency mining systems may encounter difficulties. Imagine everything is going well, digital money is accumulating and accumulating. But the day is coming when you are going to withdraw them, but you are failing.
Most miners on bitcoin cranes earn some money, only a few manage to get really big profits. We will not talk about ways to increase earnings. This article discusses more important issues, for example, how to withdraw money to a wallet in Minergate or in another system.
About output restrictions
It is natural that banks do not support (and are not going to) the function of converting bitcoins and do not give users the opportunity to withdraw them. Government agencies completely ignore the interest of citizens in this currency. Of course, many banks are trying to "modernize" and introduce services such as Internet banking, but this is of little interest to anyone. It would be nice if banks allowed to withdraw bitcoins to a debit card. Unfortunately, there are no such capabilities yet (and they are unlikely to be), so users are forced to use the services for conversion.
Using services such as Minergate will allow you to withdraw money, but in any case you will lose part of the withdrawn amount due to further conversion.
What is Minerrate?
Minergate is a cryptocurrency project and a platform for mining various currencies. The main feature of the system is the possibility of simultaneous, rather than parallel, mining of various coins. You just need to rent cryptocurrency mining capacities, set up a pool and start making money in the form of cryptocurrencies.
Minergate Features
This system is focused on different countries, supports a multilingual interface and provides the possibility of cloud mining. Here you can get all types of cryptocurrencies known today with the help of special and effective software. There are many cases where they tell how to work with Minergate for profit - and this system has proven itself perfectly. Also, users do not have difficulty with the withdrawal of earned bitcoins.
Note that you need to choose a cloud mining system primarily by reviews. Minergate wins in this regard, take note of this!
Minergate withdrawal instructions
First of all, create an application, specify the exact amount for the withdrawal of money. However, if this is not done, then the system will withdraw all the money available on the account. This is fraught with a loss of money due to the commission on transactions, so be sure to indicate the amount you want to withdraw from the system.
The withdrawal process does not cause problems for users, but they can still be. Below is a detailed description of how to withdraw money in Minergate:
- Go to the Withdraw tab.
- Enter the address of the bitcoin wallet.
- Enter your ID. Most users are stuck here because they don’t know what it is and where to get this ID. Admittedly, this is really a bit confusing. The fact is that Minergate works together with different exchanges to exchange digital currency for real money. Most often, users use the Poloniex exchange - be sure to register here. On this exchange, in the "Deposits and Withdrawals" section, it is necessary to indicate which cryptocurrency you are going to exchange, and enter the platform from which the electronic currency will be received . If you do all this and confirm, the system will automatically generate an ID, which will need to be entered already at the Minergate site when withdrawing money.
- After entering all the data, it remains only to confirm the withdrawal request.
That's all. Now it remains to wait a bit. By the way, many users are wondering if it is possible to display an unconfirmed balance in Minergate. In fact, it can not be removed, and there is no need. You just need to wait until the unconfirmed balance becomes confirmed.
How to withdraw money from Minergate to Qiwi
One of the most popular methods of cash withdrawal is the withdrawal of bitcoins to an electronic wallet in the Qiwi system. The usual functionality for using this wallet to cash out cryptocurrencies is not yet supported, but the manual says that it is already working on it. Therefore, today you need to use currency conversion. This service is offered by exchange offices, however, they charge a commission for this.
Instruction:
- We go to the site of the exchange office (for example, Bankcomat).
- Choose the direction of exchange.
- Enter your email address.
- Enter the details of Qiwi wallet and Bitcoin wallet.
- We indicate the amount of transfer.
- We confirm the application.
Also, with the help of such services, you can withdraw money to a regular plastic card. Only in this case you will have to indicate the details of the Qiwi wallet, and the card number.
And one more thing: if you want to make an anonymous transfer, the withdrawal amount cannot exceed 15,000 rubles. However, this is the only limitation. Perhaps the exchange point is the only possible way to exchange and withdraw cryptocurrency to your wallet. We can also recommend choosing reliable exchangers with good support and feedback. Do not use unfamiliar exchangers - there are a lot of deceivers on the Internet.
Webmoney withdrawal
Another popular e-wallet system is Webmoney - an extremely reliable and popular partner of many freelancers. Back in 2013, WebMoney introduced a WMX wallet, which is designed to withdraw cryptocurrencies. By this, the company demonstrated its willingness to experiment. So at the moment Webmoney is the only Russian system that works with digital currency.
Withdrawal from cloud miners or cranes is carried out immediately to the WebXMoney WMX wallet. Then the cryptocurrency can be exchanged for rubles in the WebMoney system itself, and rubles can easily be withdrawn to a bank card.
The method is relevant for many countries, not only for Russia. For example, in the WebMoney system, Bitcoins can be exchanged for hryvnias and displayed on a bank card. Cryptocurrency is also exchanged for dollars, etc.
It is worth noting that to work with WebMoney, you must first register and obtain a formal certificate. To do this, show the administration documents that confirm your identity. After receiving the certificate, you can open any wallets, including the WMX wallet.
Now you know how to withdraw money in Minergate and not only. Of course, there are other ways (there are a lot of them), but we called the most popular and affordable for Russia.
Conclusion
There is nothing complicated with the withdrawal of cryptocurrency. However, it is important to note that you only need to collaborate with proven systems. And this applies not only to exchangers, but also to cloud mining systems such as Minergate. Reviews about this system are mostly positive, but full of other little-known systems.