What’s challenging about this part is if your withdrew $1,900 from Ignition, that value you received in BTC one hour ago may have been when BTC was priced at $10,120/BTC.īut an hour later, the price of BTC could be How do you do that? You need to sell the BTC on the open market. So now what? You still need to sell Bitcoin. I always get excited when this happens!Ībout an hour later your wallet will indicate that the transaction was posted. You should see activity in your BTC wallet that indicates your are receiving BTC. Wait around 15 minutes and then check your BRD wallet. If this is your first withdrawal, it will take up to 10 days (at least that is what happened the first time I made a withdrawal).Īfter about 6-12 hours, you will receive a message from Ignition tell you your BTC withdrawal was processed. Ignition will give you about 6 hours to cancel the withdrawal if god forbid, you input the wrong Bitcoin wallet address and some random untraceable person wound up with your winnings!Īssuming that you made no mistakes. Indicate how much you want to withdraw and hit process. This copies your wallets’ address so that when you withdraw at Ignition, you paste this long string of coding which tells Ignition where to send you your win Bitcoin (BTC). You should see a QVC box, below that click the share box, then click “copy.” You should be able to set up this wallet in a matter of minutes.Ĭ. If you want to arrange the process so that it happens directly on your cell phone (if you have an iphone), I recommend you download an ap called BRD (Bread Wallet). There are many steps but with repetition, it’s a very easy process. Before you withdraw your winnings, you will need to set up an on-line wallet account that receives bitcoin. Since you are new to Bitcoin, you will need to research how the process works. Then you withdraw the $USD from a wallet that has your eft info (to electronically transfer funds directly to your checking account. From there you sell the bitcoin on the market for $USD. Why? No fees and you receive the bitcoin in under 24 hours. I use ignition and always use the withdrawīitcoin option.

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