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
Important: Please ensure that you only withdraw funds into your personal bank account. The bank account name must match the name of the ID document you had used to sign up and verify your Wayex account. If you don't cash out to your own personal bank account, funds may be rejected.
Additionally, for every crypto-to-AUD transaction, a 1% transaction fee applies. For more information on fees, you can visit this guide. There's also 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!
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.