The Prestmit wallet is a major tool for an awesome trading experience on the Prestmit digital exchange platform. One thing that should be in your mind as a trader on this platform is how to withdraw money from this wallet.
If you have decided to choose Prestmit for your crypto/gift card trading then you should aim to know the ‘in & out’ of all the steps needed to complete your trading.
In this post, we’ll learn how to withdraw money from the Prestmit wallet. Before then, let’s know more about Prestmit and its wallet.
What is Prestmit?
Prestmit is a digital exchange platform designed for users to trade, buy and sell digital assets as well as gift cards. Since its launch in 2017, the company has grown to be one of the trusted and reliable digital exchange platforms.
The company has its physical existence both in Nigeria and Ghana, giving it a significant stand in the African marketplace. Prestmit has the Nigerian Naira and Ghanaian Cedis as part of the payment options on the platform.
The platform has offered quality services to Africans which has made the number of its users to increase significantly. Many of its users can attest to its quality of service and has seen it ranked high among other P2P platforms in this part of the world.
On this platform, you can trade, buy and sell cryptocurrency such as Bitcoin, Litecoin, Dogecoin, and USDT (Tether).
Prestmit also give the best value return for your gift card assets. You can sell gift cards in Nigeria, for cedis or mobile money, for Bitcoins, or for USDT, anytime, anywhere, on Prestmit.
You can also do your airtime and data topup on this platform. These services are available by using Naira, Cedis, and Bitcoin & USDT as payment options. You can make use of its web version or mobile application-latest version to enjoy the best of trading in this part of the world.
Things You Need To Consider Before Choosing a Wallet for Cryptocurrency
To choose a wallet for your crypto endeavor (trading, holding, etc.), you’ll need to consider a number of factors. They are listed below
1. Ease of use- The type of wallet you should go with should be very easy to use even if you’re not tech savvy. It should be easy to use for sending, receiving and storing cryptocurrency even if you’re a crypto beginner.
2. Security features– The security of your coins/tokens should be the number one priority as a crypto trader/investor. You’ll need to find out what security features the wallet includes, such as two-factor authentication and multisig functionality. You also need to ask if your private key be stored online or offline? Has the wallet ever suffered security breaches?
3. Supported cryptocurrencies– Before choosing a wallet, you’ll need to know if it supports one or multiple crypto assets. Make sure the wallet you choose is compatible with the cryptocurrencies you need to store. It is important to remember that some coins and tokens can only be held in an official wallet.
4. The team behind the wallet– You’ll need to make research and ask questions about the company behind the wallet you are choosing. See what you can find about how long the company’s been in business. What qualifications do they have? Are they continually working to upgrade and improve the wallet?
5. Costs- Although most crypto wallets are free, choosing a hardware wallet means parting with some cash. Some wallets also charge a fee for every transaction you make. Find it out the cost of before choosing your wallet.
Why You Need Prestmit Wallet
Once you have a Prestmit account, you own a naira wallet for your activities on the platform. This is where the proceeds of every transaction goes.
When you sell on Prestmit, the payment goes to the naira wallet and it’s available for withdrawal at anytime. To buy on Prestmit, payments can be made from your Naira wallet Balance.
The Prestmit Naira wallet is easy & quick to use, secure, supports multiple crypto assets (BTC, DOGE, USDT & LTC) and its free to use. The company is trusted and reliable which makes it a place to go for all digital asset traders.
You can manually fund your Naira Wallet by direct bank transfer to your virtual bank account. You can generate a virtual bank account on your Prestmit dashboard after completing the due KYC verification process.
How Do You Withdraw Money From Prestmit Wallet?
All naira, cedis and crypto withdrawals on Prestmit are instant. Built with love for its users, Prestmit make you get payment as soon as possible is important to you.
An average crypto trade time on Prestmit is 10 to 30 minutes. What this simply means is that within 10-30 minutes, your crypto trade should be completed. So if you are withdrawing your money thereafter, it is always quick and easy.
You get paid immediately the trade is completed. You can withdraw your money either in Naira or Cedis. Depending on your default fiat wallet.
Default fiat wallet is the wallet your crypto payment will be paid into, either NAIRA or CEDIS. On the crypto wallet page, you will see the option, just toggle between the two options to set it. You can make your withdrawal whether naira, cedis or crypto on this platform as soon as possible.
Is it Safe to Use Prestmit?
Prestmit is equipped with modern security tools to help secure your account at all times. These include a centralized security architecture that secures all components and layers within the platform.
The platform is also trusted and reliable which make it a place to go for crypto and gift card traders in Nigeria and Ghana.
To enjoy a wonderful and awesome experience on Prestmit, you’ll need to download the Prestmit mobile app on your android play store.
