It doesn’t matter whether you are a frequent crypto user managing multiple transactions or just a casual holder storing assets in Telegram Wallet. At some point, you may want to withdraw your funds to a more secure and reliable crypto wallet. If you’re looking to withdraw from Telegram Wallet, it’s important to ensure you have a safe destination for your digital assets.
In this how-to withdraw money from Telegram Wallet guide, we will walk you through the process step by step, making sure you transfer your funds smoothly and securely. Simply follow the steps below to avoid any mistakes along the way.
Before you can withdraw your digital assets from Telegram Wallet, you need a secure and reliable wallet to store them. While Telegram Wallet is convenient, it is a custodial service, meaning you don’t have full control over your private keys. To ensure maximum security and ownership, it’s best to transfer your funds to a non-custodial wallet like Zengo.
Zengo is a next-generation Web3-ready non-custodial wallet that uses MPC technology to protect your crypto. It offers superior security compared to exchanges and hardware wallets by eliminating private key vulnerabilities, providing biometric 3FA authentication, and guaranteeing account recovery. With Zengo, you can safely withdraw from Telegram Wallet while maintaining full control over your digital assets.
When you’ve downloaded the Zengo cryptocurrency wallet app and have finalized the initial onboarding process, simply follow these steps to withdraw your money from Telegram Wallet to Zengo:
Zengo is one of the safest and most secure crypto wallets available to retail users today. The wallet app utilizes state-of-the-art MPC technology, three-factor authentication with biometric login and transaction confirmation for an extra layer of security. With Zengo, you don’t need to remember any difficult seed phrases as your face is used to generate a truly unique and secure seed to access your digital assets!
With Zengo’s non-custodial wallet, you are in complete control of your own private keys without having to worry about security or losing access to your funds. Furthermore, our fiat on-ramp service allows you to easily diversify and grow your crypto portfolio by purchasing your crypto of choice with fiat currency. Aside from that, you can also take part in our savings program.
If you ever need any assistance with your Zengo wallet, you can contact our real human customer support staff at any time, even on weekends and holidays. Alternatively, you can check out our Help page to see if your question has already been answered.
With Zengo, you can easily send crypto to other wallets or ‘’cash out’’ to fiat whenever you want. To send crypto to other wallets, tap on the ‘’Actions’’ button located in the main menu followed by ‘’Send’’. Now, simply fill in the amount of crypto you want to send, paste the receiving address or scan the QR code, and verify the transaction.
Rather cash out your crypto earnings to fiat? No problem! Simply tap on the ‘’Actions’’ button, and then on the ‘’Sell’’ button. As of writing this guide, you can sell your digital assets for Euros, British Pounds, and/or United States Dollars.
Note that you have to connect your bank account to your Zengo wallet prior to requesting a fiat withdrawal and that it may take a few days for your funds to arrive.
Telegram Wallet is a built-in cryptocurrency wallet within the Telegram app, allowing users to send, receive, store, and trade crypto directly through the platform. It supports Toncoin (TON), Bitcoin (BTC), USDT, and more.
Telegram Wallet is custodial, meaning you don’t own your private keys, making funds vulnerable. Lose access to your Telegram account? You could lose your funds. It also lacks strong security and customer support.
Zengo is non-custodial with MPC security, biometric 3FA recovery, and a Web3 firewall for protection. It supports more assets and offers 24/7 real human support.
For better security and full control, Zengo is the smarter choice.
To withdraw crypto to fiat on Telegram Wallet open the @wallet bot select the cryptocurrency you want to convert tap Sell or Cash Out choose your preferred payment method such as bank transfer or third-party service enter the amount confirm the transaction and follow the provider’s instructions Processing time depends on the payment method and network conditions.
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