Many crypto exchanges have gone on following the ban, although some are also trying to figure out what's going on. YellowCard hasn't proposed a solution yet, but it has processed every Naira withdrawal made up to this point.
The other day, I shared how you can easily buy and sell crypto on Binance, but some individuals are complaining that Binance is too complicated to navigate around most especially for the first-timer. There are lots of tutorials you can watch on YouTube and even on the Binance Nigeria telegram channel. Once you grab it, you won’t want to leave that exchange.
Today, I'll teach you how to use Bundle Africa to withdraw money directly to your bank account.
Bundle Africa is a cryptocurrency exchange like Binance that allows you to trade cryptocurrency of your choice available on their platform. You can deposit crypto, convert it to naira and withdraw it to your bank account via certified third-party partners
How it Works
P2PExpress: You can withdraw either via P2P Express – Using P2P express, your crypto will, first of all, be converted to USDT, then the partner will convert it from USDT to naira, then deposit it to your bank account.
P2PExpress Withdrawal on Bundle Africa
Step 1: First of all download the bundle Africa app here if you don’t have it. Register and perform minor verification.
Step 2: To avoid too much charges, I’ll advise you to convert your crypto to USDT before placing any withdrawal.
Step 3: Open Bundle and tap Withdraw.
Step 4: Tap Withdraw with P2PExpress.
Step 5: Choose a bank and type in your bank account number, and the amount you wish to withdraw
Step 6: Choose the crypto asset you want to withdraw.
Please, note that the asset you choose will be converted to USDT.
Step 7: Tap Confirm Payment.
Step 8: Please, make sure you read the disclaimer then tap Confirm.
Step 9: Type in your Bundle PIN to confirm the transaction.
Once completed, you will get a credit alert from your bank.
How to Withdraw From Bundle Africa Using Cashlink
Cashlink allows you to deal with verified third-party partners without converting your crypto asset to USDT. Cashlink is live for cash withdrawals and there are verified Cashlink Partners waiting to fulfill your cash withdrawal requests.
1. Make sure you have the latest version of Bundle.
2. On Bundle, tap ‘Withdraw’ then choose the ‘Withdraw with Cashlink’ option and type in the amount of naira (NGN) you want to withdraw.
3. Set your preferred payment method – a bank account or a cash wallet.
4. Cashlink will match you with verified Partners and you can select up to 3 Partners who can fulfill your cash withdrawal request for a small commission.
5. When your request is accepted by a Partner, your NGN balance in Bundle will be held by Cashlink safely.
6. When the Partner confirms that they have made the payment and you confirm that you’ve also received the payment through your preferred payment method, Cashlink will release the NGN amount to the Partner’s Bundle wallet.
How to Deposit Naira on Bundle Wallet Using Cashlink?
The payment network is new and still in the beta phase, so we advise that you deposit and withdraw smaller amounts for now.
If you have a large amount you want to deposit or withdraw, please divide it into smaller amounts and spread them out instead of doing all at once.
- Make sure you have the latest version of Bundle from your app store.
- On Bundle, tap ‘Add Funds’ then choose the ‘Fund with Cashlink’ option and type in the amount of naira (NGN) you want to deposit.
- Cashlink will match you with verified Partners and you can select up to 3 Partners who can fulfil your cash deposit request for a small commission.
- When your request is accepted by a Partner, you will send the amount you want to deposit to the Partner’s preferred payment method and confirm that you have paid.
- When the Partner confirms that they have made the payment, Cashlink will credit your Bundle wallet.
To make a deposit with Cashlink now, open your Bundle, tap ‘Add Funds’ then choose the ’Fund with Cashlink’ option.
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