The advent of Bitcoin and its underlying technology, blockchain, opened up opportunities for new products and features, such as crypto exchanges. As one of the essential products in the emerging crypto space, crypto exchanges enable users to buy and sell crypto assets seamlessly. Over time, these exchanges have introduced various innovative features as they seek to offer users an enhanced trading experience. 

Crypto-to-fiat withdrawal is a crucial feature that sets mediocre platforms apart from innovative, revolutionary ones. According to statistics, over 400,000 crypto transactions are executed daily. And with a large percentage of those transactions withdrawals to bank accounts, the need for capable platforms that offer fiat withdrawal services intensifies. 

Crypto to Fiat Withdrawals—How to Choose a Platform 

While crypto to fiat withdrawals are pretty simple, thanks to the influx of various exchange and wallet platforms, it is quite a daunting task, especially for first-time crypto users. 

To get started, you need to find a viable wallet that enables this service. One of these wallets is OWNR. OWNR is a non-custodial wallet application, enterprise solution, and prepaid card issuing service platform. It is one of the fastest-growing crypto start-ups with the singular goal—to allow users to undertake every crypto-related activity in one place. 

OWNR, since its launch, has proven to be a tad bit reliable. With over 400k users globally, OWNR is still in its nascent stages but is committed to enabling users to handle all crypto transactions. 

In terms of security, one of the critical factors of a crypto-to-fiat wallet, OWNR, shows a bit of potential. According to the team, the emerging wallet platform has garnered several financial licenses and deployed some competent KYC and AML service providers. Additionally, as a non-custodial wallet, OWNR does not store users’ assets or data; you have absolute control of your data and assets. 

While OWNR offers services ranging from multiple functionality wallet to VISA prepaid cards, a payment gateway for all crypto purchases, crypto to crypto API, and an affiliate program, the wallet needs to catch up in a few vital areas. OWNR only supports the trading of ten coins, which is way less than what other platforms offer. Also, as a new platform, OWNR has yet to gain the reputation needed to solidify its stance as one of the most trustworthy crypto-to-fiat withdrawal platforms. 

Like most recently launched projects, OWNR introduces an affiliate program where users like yourself can earn up to 38% of the company’s profit for referring your friends to the platform. One of the most exciting things about this program is its duration—it is a lifetime thing. While we do not know how sustainable this affiliate model is and how OWNR plans to keep it up, it is an revolutionary and advantageous feature. 

OWNR allows you to sell your cryptocurrencies and receive fiat payments directly into your bank account. You only need a single verification to get started. 

Once you have chosen an exchange platform that supports crypto to fiat withdrawals, you need to connect your traditional bank account to the wallet and begin buying and selling cryptocurrencies. Besides crypto to fiat withdrawals, most platforms, at least OWNR, enables you to purchase digital assets directly with your fiat currencies.