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Withdrawing Crypto to Your Bank Account
Withdrawing Crypto to Your Bank Account

Discover how to cash out your crypto for AUD to your primary bank account using Pay ID or BSB & Account Number

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Written by Support
Updated over a week ago

Enjoy Instant Crypto-to-AUD Withdrawals with Wayex!

Easily withdraw your crypto-for-AUD to your Australian bank account using BSB & Account Number or PayID:

PayID

1. Tap on general button (Wayex logo)

2. Tap "Cash Out"

3. Tap "PayID"

4. Type Bank Account Name & PayID details

5. Type in the amount in AUD you would like to cash out

6. Swipe up to confirm

7. Confirm the OTP

8. Done! Transaction is now successful!

BSB & Account Number

1. Tap on the general button (Wayex logo)

2. Tap "Cash Out"

3. Tap "BSB & Account Number"

4. Paste or type in BSB & Acc. details

5. Type in the amount in AUD you would like to cash out then tap "Next"

6. Type in the reason for the transaction

7. Swipe up to confirm

8. Confirm the OTP

9. Done! Transaction is now successful!

10. You should be getting a notification from your bank notifying you of the transaction within seconds

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Important Notice: Please ensure that you only withdraw crypto-for-AUD into a personal bank account with the same FULL NAME as registered on your Wayex account.

Additionally, for every crypto-to-AUD transaction, a 2-3% transaction fee applies. There's a transaction limit of $10,000, but no daily transaction limit.

If your BSB is flagged as invalid, first confirm with your bank if your account supports NPP payments. If the issue persists, reach out to our support chat for assistance


We hope you found this guide helpful!

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If you have any questions, suggestions, or if you run into any issues, then feel free to contact us in the live-chat within the app or website! Our support team is available 24/7.

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