SolidTrust Pay’s Cryptocurrency Withdrawal GuidePosted: February 26, 2020
Bitcoin is now the world’s most well-known and valuable digital currency. Since its creation in 2009, it has become the preferred payment method for millions of online consumers. You can now book flights, buy web domains, pay for computer products and purchase household goods using bitcoin. As the list of companies who accept cryptocurrencies continues to grow, we have ensured that your SolidTrust Pay e-wallet is fully compatible with digital currencies. This guide will explain how to easily exchange your SolidTrust Pay funds into bitcoin and withdraw the balance into your personal cryptocurrency wallet.
Withdrawing Your SolidTrust Pay Funds
Before withdrawing your SolidTrust Pay funds, you must first create a cryptocurrency wallet. Popular cryptocurrency wallets include Coinbase, Mycelium and Electrum, but there are dozens of options to choose from. Please ensure that you thoroughly research your chosen wallet and select one that possesses excellent security features.
Once you’ve set up your cryptocurrency wallet, exchanging your SolidTrust Pay funds to bitcoin is fast, easy, and most importantly, secure. We have been a leader in the online payment industry since 2006, and our corporate-grade anti-virus and firewall protection is continuously monitored by a network of global security personnel. To begin, follow these easy steps:
Step 1) Log in to your SolidTrust Pay account.
Step 2) Verify your account to the Standard Verified level. For more information about our 4 account verification levels, please click HERE. Your account reaches this level when an ID and address document has been submitted and approved by us.
Step 3) Set up two-factor authentication (2FA) using your smartphone or desktop computer and connect it to your STPay account. Click HERE for detailed instructions.
Step 4) Create a cryptocurrency wallet and connect it to your SolidTrust Pay account. If you would like assistance selecting the ideal cryptocurrency wallet for your needs, please click HERE.
If you’re using a Desktop application, click HERE for detailed instructions.
For Smartphone instructions, please click HERE.
Step 5) In your SolidTrust Pay account, navigate to My Money > Withdraw Funds. Next, click on the Altcoins option. Enter the amount of money you would like to withdraw to your cryptocurrency wallet and select the bitcoin withdrawal method. You will be charged a fixed fee of $1.75 plus a percentage fee of 2.95%.
Please be advised that it may take up to 24 hours for your deposit to appear in your cryptocurrency wallet. You may withdraw up to $2,500 per day from your SolidTrust Pay account.*
* Bank Verified members may withdraw up to $5,000 every 24 hours.