How to Withdraw Money from Coinswitch: Step-by-Step Guide

0h 02m video Published Nov 23, 2025 Transcribed Aug 5, 2026 Alak Trading

Alak Trading

Beginner 2 min read For: New users of Coinswitch who want to learn how to withdraw funds to their bank account.

AI Trust Score 70/100

⚠️ Average / Some Fluff

"Delivers exactly what the title promises: a clear, step-by-step withdrawal guide."

AI Summary

This video provides a step-by-step guide on how to withdraw money from a Coinswitch account. The presenter walks through the process of accessing the wallet, entering the withdrawal amount, confirming bank details, and completing the transaction with a PIN and OTP verification.

Chapters

1 Introduction and Account Setup 00:00 2 Accessing the Wallet 00:14 3 Withdrawal Options and Amount Entry 00:29 4 Bank Details and Verification 01:37 5 Completion and Status Check 02:20

[00:00]

Introduction to Withdrawal Process

The video begins by stating that it will explain how to withdraw money from a Coinswitch account step-by-step. It also mentions that if you haven't created an account yet, there is a link in the description to do so.

[00:14]

Accessing the Wallet

The presenter instructs viewers to click on the wallet option at the top of the screen. This will show a summary of deposits and withdrawals.

[00:29]

Understanding Wallet Options

The wallet page displays options for adding money (deposit) and withdrawing money. The presenter clarifies that they will focus on the withdrawal option in this video.

[00:41]

Choosing Withdrawal Option

The presenter clicks on the withdrawal option and explains that this allows transferring funds from the Coinswitch account to a bank account. They note that if you want to transfer to a wallet, you should watch another video.

[00:58]

Entering Withdrawal Amount

After clicking withdrawal, a screen appears where you can enter the amount you wish to withdraw. You can either use preset amounts (25, 50, 75, 100) or enter a custom amount manually.

[01:37]

Confirming Bank Details

After entering the amount and clicking withdraw, the bank details are displayed. The presenter advises checking the bank details for any errors to avoid sending money to the wrong account.

[01:49]

Verification with PIN and OTP

After confirming bank details, you are prompted to enter your PIN. Then, an OTP is sent to your email, which you need to enter and verify.

[02:20]

Withdrawal Request Successful

After entering the OTP and clicking verify, a success message appears stating that the withdrawal request is completed and the amount will reflect in your account in a few minutes.

[02:32]

Checking Withdrawal Status

The presenter shows that the status initially shows as 'pending' and will change to 'completed' once the withdrawal is successful. This indicates the money has been transferred.

[02:45]

Final Steps and Confirmation

The video concludes by advising viewers to wait a few minutes and then check their bank account to see the withdrawn amount.

Withdrawing money from Coinswitch is a straightforward process involving wallet access, amount entry, bank detail confirmation, and PIN/OTP verification. Once completed, the funds appear in your bank account within a few minutes.

Mentioned in this Video

Coinswitch

service

Tutorial Checklist

1 00:14 Click on the wallet option at the top of the screen.

2 00:29 On the wallet page, click on the withdrawal option.

3 00:58 Enter the amount you wish to withdraw (preset or custom).

4 01:37 Click withdraw and review your bank details for any errors.

5 01:49 Enter your PIN and then the OTP sent to your email.

6 02:20 Click verify OTP and wait for the success message.

7 02:32 Check the status in the withdrawal section; it will change from pending to completed.

Study Flashcards (6)

What is the first step to withdraw money from Coinswitch?

easy Click to reveal answer

Click on the wallet option at the top of the screen.