Once KYC requirements are completed and approved you will be able to set up you banking details (must be in your own name).

1. Log into your Blockbid account

2. Click the menu in the top right hand side and select 'Balances'

3. Select the fiat currency you'd like to withdraw from the list

4. On the right hand side of the screen, select 'Withdraw'

5. Enter the amount of fiat you'd like to withdraw 

6. Click 'Add Account' to add the details for where you'd like to withdraw the fiat currency to, then hit 'Add Bank Account'.

7. Click 'Withdraw'

If you have not received your deposited funds after three (3) business days please contact our support team at support@blockbid.io and provide us with the following information:

  • Screenshot of the transfer details

  • Details of the bank account that you transfer from

  • Deposit request ID Code


Please note that any EFT transfer can incur a charge by the user’s bank of origin. Please ensure you understand the fees charged by your bank before depositing into Blockbid’s fiat account.