How to Withdraw Fiat with Bank Transfer? (Web) – Help Center

Phemex has partnered with Legend Trading, a fast, secure, and fully licensed Money Services Business (MSB). As a legally compliant vendor, Legend Trading enables Phemex users to safely deposit/withdraw USD/GBP/CHF/EUR/JPY/CAD/AUD through bank transfers.

Here is a step-by-step guide on how to buy crypto with Bank Transfer:

Register or make sure you are logged into your Phemex account.
On the Assets-Fiat Account menu, click ‘Fiat Withdraw’.

NOTE:

Completion of KYC is mandatory for Fiat Withdraw.
The bank transfer time varies from different fiat currency to different payment channels, usually 1-3 days.

1. Choose the desired fiat currency from the dropdown menu,enter the amount of fiat you want to withdraw.

2. Choose Payment Method(Wire Transfer). Click the Withdraw button when ready.

3. Confirm the order details. You can choose the bank account you have bound or add new bank account. Then click “Confirm”.

Note:

A withdraw fee will be applied and deducted from your total amount. This fee is charged by the bank for each wire and amounts $30.
You may incur additional fees from your bank, bank transfer fees vary according to your bank.

4. After you submit the withdrawal request, please wait patiently for the funds to arrive in your bank account. as it usually takes 1-3 days. If you would like to inquire about the status of your withdrawal, please reach out to support@legendtrading.com or submit a ticket to receive direct assistance.

5. If you choose link new bank account, enter your bank account details, then add new bank account successfully. Click “CONTINUE”, you can go to the withdrawal Confirm page.