Business

Bitcoin (BTC) withdrawal: why VTB is the best direction, and how to exchange correctly

Bitcoin is undoubtedly strengthening its position in our life, today it has become the most famous, demanded and expensive of all existing cryptocurrencies. With its help, you can perform all kinds of financial transactions on the Runet, pay for purchases / services, accumulate funds and make profitable investments, but often there is a special need for fiat currency, and then it will be possible to withdraw Bitcoin (BTC) to VTB.

Why people choose VTB for depositing money

The direction of the exchange "Bitcoin - VTB card (Telebank)" is quite popular. This fact is explained by the fact that we are talking about one of the largest and leading credit and financial organizations in the country (it is the second in terms of assets and is second only to Sberbank). It is here that many citizens have bank cards open, many customers use its credit lines, pay by bank transfer in stores, are attracted by a wide network of ATMs and branches, so there are no problems with withdrawing cash. For whatever purpose you need fiat, it will be very convenient to use it with a VTB card.

What is the problem with the withdrawal of Bitcoin (BTC) to VTB

If you also decide to transfer Bitcoins to VTB, then you should immediately understand that the banking structure cannot directly accept money from this electronic system. In Russia, the Bitcoin cryptocurrency (like others) has not yet been recognized as an official payment instrument, therefore, it is Russian rubles that should enter the bank's turnover, and not digital coins. To resolve this issue, you will have to resort to specialized exchange services, which are abundant on the Internet so that you can easily cope with the task.

Choosing an exchange resource: several important points

As already noted, there are many online exchangers, but you will need to choose the most suitable one. You will have to choose and analyze for several reasons:

  • firstly, each exchanger has a different rate and conditions, therefore, one has to be selected, cooperation with which will be profitable (low rate, there are no additional commissions);
  • secondly, there are a lot of irresponsible services in the vastness of the World Wide Web, and there are obvious scammers. The fact is that, first of all, you transfer your funds to the address of the exchange resource, and after receiving them and recalculating them at the exchange rate, he must transfer rubles to the account you specified with VTB. Once you get to the scammer's service, you run the risk of losing money, because all transactions with Bitcoin are anonymous, and it is impossible to cancel the transfer in order to return digital coins.

Based on the above, we conclude that the most important thing is to choose the right exchange resource, and it is important that it offers the most favorable conditions and guarantees security. Everything else is purely technical actions that each of you can handle without problems.

How to find a suitable exchange resource

To find a suitable exchange service with the best conditions for the exchange you are interested in, it is best to turn to the monitoring portal, which is precisely engaged in tracking cryptocurrency rates, work in this direction of online exchangers. Bestchange is among the leaders today, on its pages it will be possible to get all the necessary information and immediately make an exchange.

Having entered the portal, on its main page, you will need to immediately note the direction of exchange you are interested in - in the plate we select "Give - Bitcoins" and "Receive - VTB". After that, the system instantly generates for you a list of exchangers working with this pair. When choosing an exchange site, pay attention to:

  • proposed course;
  • special tags (it can be said here that an additional commission is provided for the service);
  • information about the exchanger and foreign exchange reserve (it should be enough to cover the transaction);
  • reviews from other users.

It is interesting that the list of exchangers will be presented by rating type, and the top positions will be taken by those with the lowest rate at the moment. Next, it remains to click on the name of the selected resource, and the system will transfer you to its page, where you will need to fill out a small application and, according to the instructions, make an exchange.