MultiBank ERC20 withdrawal is a straightforward process that requires a minimum amount of just $50. Users need to provide their wallet address, choose the correct network, and verify their transaction via email.

The broker charges $0 commission for this payout method.

MultiBank ERC20 withdrawal steps explained
MultiBank ERC20 withdrawal steps explained

MultiBank ERC20 Payout Process: Step-by-Step Guide

Using cryptocurrencies is a fast and secure method for funding and cash outs at MultiBank broker.

MultiBank ERC20 withdrawal overview:

  1. Access the withdrawal section;
  2. Enter transaction details & verify the transaction;
  3. Submit cash out request and track status.

#1 Accessing the Withdrawal Section

To start your extraction process, log in to your MultiBank Forex broker account and go to the "Funds" section. Click on "Withdraw" and select "Add New Request".

MultiBank ERC-20 payout from user dashboard
MultiBank ERC20 payout section

#2 Entering Transaction Details & Verifying the Transaction

First, enter the "desired amount", choose ERC-20 as the payout method, and select the correct blockchain network.

Then, input your "wallet address" to receive the funds and click on "Send OTP". A verification code will be sent to your email.

Entering OTP to confirm MultiBank ERC20 withdrawal
MultiBank ERC-20 withdrawal OTP confirmation process

Check your inbox, copy the code, and paste it into the verification field to complete the process.

Once you have the verification code, enter it into the platform and click "Submit" to finalize the extraction request.

Email confirmation for MultiBank ERC-20 cash out
MultiBank ERC-20 payout email verification step

#3 Submitting and Tracking the Payout Request

After entering the OTP, click "Submit". Your request will now be under review. To check the MultiBank ERC20 withdrawal status:

  1. Go to “History” tab in the “Fund” section;
  2. Filter by date to find your transaction;
  3. If the status is “Completed”, the funds have been successfully withdrawn.
Viewing MultiBank ERC20 withdrawal history
MultiBank ERC-20 transaction record in the history

TF Expert Suggestion

MultiBank ERC20 withdrawal can be completed in 3 steps and transactions are usually processed within 24 hours.

While the ERC-20 cash out method is easy, it isn’t the only available to traders. To learn about other MultiBank deposit and withdrawal options, read the guides on the MultiBank tutorial page.

FAQs

How long does a MultiBank ERC20 withdrawal take?

Withdrawals are typically processed within 1 business day, depending on network conditions.

What is the minimum withdrawal amount for ERC-20 on MultiBank?

The minimum amount varies based on the network and MultiBank’s policies.

Are there any fees for withdrawing ERC-20 from MultiBank?

You only need to pay the blockchain network fee, as MultiBank does not charge a withdrawal commission.

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