A Simple Guide to Transferring Bitcoin from Blink To A Local Bank Account Using Bitnob

We are so proud to announce to you that remittances can now be received on Blink and then cash out using Bitnob.

In this blog post we are going to learn how to transfer funds and remittances from Blink using Bitnob to cash-out to a bank account in a matter of minutes. Remember, Blink does not impose any charges when receiving Lightning payments (learn more on the Low Fees page).

Bitnob allows you to send to recipients in 9 different African countries including;

- Ghana

- Togo

- Nigeria

- Kenya

- Rwanda

- Benin republic

- Senegal

- Ivory Coast

- Uganda 

This guide is only for people within the mentioned regions who want to know they can easily Off-ramp their Bitcoin to their local currency.

But that doesn't mean you can't learn something valuable In this blog post, because we aim to educate and facilitate the adoption of Bitcoin globally. 

So stick around and be amazed by the potentials of Bitcoin.

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How to send bitcoin from Blink to Bitnob?

STEP 1: Create An Invoice in Bitnob 

To create an invoice to receive bitcoin on Bitnob, follow the steps below:

• Select the Action Tab option
• Select Receive‍
• Choose Lightning Address
• Then Copy your Lightning invoice 

STEP 2: Send Your Bitcoin From Blink to Bitnob 

To send bitcoin via lightning network from blink to Bitnob, follow the steps below:

Go to your Funding Wallet that is the Blink wallet, your bitcoin should be there already. 

• Select the Send on the home page
• Paste the Copied Bitnob Invoice
• Tap Next
• Insert the amount of SATs you want to send.
• Add A note or label (optional)
• Tap Next
• Then Slide to Confirm to send your sats to Bitnob.

Now you've sent your Bitcoin from Blink to Bitnob, you're now ready to Transfer Your Bitcoin To Your Local Bank Account.

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STEP 3 - ‍Off-ramp Your Bitcoin With Bitnob.

To Off-ramp your bitcoin with Bitnob, Follow the steps below:

Go to your Receiving Wallet, that is, the Bitnob wallet where you sent the Bitcoin to.

• Refresh the Page
• Select the Action Tab option
• Tap Sell Bitcoin 
• Insert the amount of Bitcoin you want to sell.
• Tap Continue
• Add a Transaction Note
• Tap Next
• When the Transaction summary pops up, Tap Complete BTC Sale
• Input your Pin
• Tap Confirm

You have now successfully sold your Bitcoin for USD, making it possible to send your funds to any of the mentioned countries.

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STEP 4: Send Your Fund to Your Bank Account

Finally, to transfer your bitcoin to your Local Bank, follow the steps below:

• Refresh the Page
• Select the Transfer option
• Select Transfer to Bank or Momo
• Tap Continue
• Select Change Currency to change to your preferred currency.
• Insert the amount of bitcoin you want to sell.
• Tap Continue
• Input your Account Details
• Tap Proceed to transaction note
• Add a Transaction Note
• When the Transaction summary pops up, Tap Proceed

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By following this exact step, you can be assured that your funds or remittances will be sent directly to your local bank. Withdrawals can be processed anytime within an hour. This process demonstrates how easy it is for anyone in a supported region to off-ramp their Bitcoin to local currency in their bank account using the power of Lightning through Blink and Bitnob. Blink imposes no charges for sending your sats to Bitnob; any additional charges incurred during off-ramping are costs used by Bitnob for this purpose.

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