How to Cashout Wells Fargo to Bitcoin
These websites Coinbase.com – GoCelery.com – Circle.com are quite important for this method to cashout wells fargo to bitcoin. Essentially, all three of these sites offer the same service. They allow you to buy bitcoin with your bank account. All three are very similar but in this guide I use Coinbase as an example.
Steps to Cashout Wells Fargo to Bitcoin
- First, sign up to Coinbase.com pretending you are the account owner of the Wells Fargo account.
- You will need a throwaway email account and burner phone number to register.
- You’ll have to verify your email so keep an eye on your inbox.
- When it arrives, click the verification link though the email to bring you back to coinbase.com. It will ask you to accept terms of service Just sign WF account holder name and click submit.
- Coinbase has 3 verification levels which determine how much you can withdraw per day.
- You start at Level 0 which just gives you access to a BTC wallet.
- If you want to withdraw/deposit money you’ll need to verify to Level 1.
- This requires you verify a phone number and bank account.
- Google Voice numbers sometimes throw up a red flag to Coinbase so beware.
- Verifying the account to Level 2, or at least answering the security questions will help mitigate this issue.
To verify bank account
- you will need full account number and routing number.
- Hopefully you will be able to instantly verify bank account by entering account details including username and password to Wells Fargo account.
- If this instant verification method fails, you will need to manually verify by allowing Coinbase to make 2 small deposits into the bank account.
- You will need to monitor the bank account for deposits and enter these amounts on Coinbase. This takes 2-3 days.
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To prevent logging into Wells Fargo account over and over,
signup for account on mint.com using WF credentials. There you can monitor account and be notified via email when the deposits are made. To take things one level further, and give ourselves an even higher chance of making a successful purchase, lets verify the Coinbase account to Level 2.
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