You are currently viewing NEW METHOD TO CASHOUT WELLS FARGO TO BITCOIN 2022

NEW METHOD TO CASHOUT WELLS FARGO TO BITCOIN 2022

Hello, carders, Information is key, therefore today we dive into another key to make money. This guide is an updated Wells Fargo to Bitcoin cashout method. As always, the guide has been fully certified by our elite team of carders and due to our routine checks, we would always update any changes made. This guide is also beginners friendly.

It is no news that there are tons of crypto exchanges and wallets worldwide and as always, some are more popular than others. Some of these include Binance, Coinbase, Huobi, and so on. All exchanges have the same target, allowing you to buy bitcoin using your credit card or debit card as well as your bank account. Credit or debit card use varies depending on your country.

Today, Coinbase will be our focus as it is the most available to various countries

COINBASE – STEPS

  1. Sign up for a coinbase.com account. We can help you with your Coinbase account with a custom request to verify your Coinbase account under the same name as your Wells Fargo account.
  2. You will need access to an email account. You’ll have to verify your email; pay attention to your email.
  3. Once you receive the email, click on the link and you will be redirected to coinbase.com. Accept the terms and conditions and you can sign in with your details under the wells Fargo account holder’s name. Click submit
  4. You need a burner phone/sim. Avoid using VOIP numbers such as Google or burner apps

Burner Sim cards

Coinbase is smart and may allow you go through with the verification process but may be flagged once any tractional activity is done on that account (WARNING)

There are 3 verification levels on Coinbase that determine your withdrawal limit daily. You start at level 0, which gives you access to the bitcoin wallet.

Coinbase Verification
Coinbase Verification

To withdraw or deposit money, you have to verify Level 1. You have to verify a phone number and bank account. Google voice may work sometimes but actually, Coinbase will throw a red flag so be careful. You can also get a throwaway sim that won’t be linked back to you. This can also replace the VOIP numbers.

For Level 2, you need to go through a KYC (Know Your Customer), style of verification by taking a photo of the driver’s license + proof of address + a photo of you holding the driver’s license to you

To verify your Wells Fargo bank account on Coinbase, you need the full account number and routing number. Verification involves entering your full details including username and password for the Wells Fargo accountHow To Open a Wells Fargo Bank Account

NOTE THAT

  1. The verification is time-sensitive. If the time frame is exceeded, the verification fails therefore, you have to manually verify your account which may take 2-3 days to complete.
  2. Congrats if you succeed at the instant verification but if not,  then you should allow Coinbase make to 2 small deposits into the Wells Fargo account. YOu must monitor the bank account for deposits and enter the amounts on Coinbase which would take 2-3days.
  3. Avoid LOgging into your Wells Fargo account too often, do this by signing up to mint.com using Your Wells Fargo details. With this, you can monitor the account and be notified through emails when the deposits are made

HOW TO DEPOSIT FUNDS INTO COINBASE

First, use the same name, Address, DOB, SSN for Wells Fargos account details and verify the security question.

It takes 30 days for your first deposit to be verified on Level 2. And you will be classed as the owner of the account by Coinbase since you passed the verification steps

How to Deposit funds into Coinbase

We recommend you start with a low deposit (below $100), this will also lower your chances of being flagged by Coinbase provided you also follow the earlier mentioned information including not using VOIP number.

After the successful initial deposit, you can deposit $200 or more and keep the deposit going but ensure to confirm a successful deposit before another one. NEW METHOD TO CASHOUT WELLS

TIPS FOR BITCOIN PURCHASE

Always buy bitcoin with amounts that seem like random Bitcoin purchases. This is because amounts like $96.55 instead of $100 and $185.45 instead of $200 would seem like a random purchase and may not alarm the Wells Fargo account holder of any form of fraud.

Although, most of the deposits are minimal amounts ensure to use accounts with over $10,000 account balance. Because account holders with large account balances may not worry much about random charges every now and then. Usually, they take a few days before reporting and investigating such charges and that is enough time for you to gain a good amount of bitcoin before detection.

Monday, Tuesday, and Wednesday are the best days to initiate transfers, especially by 12 PM on Wednesdays.

Once you make a bitcoin purchase, the charge shows up on the bank statement in 2 days and the bitcoin reflects on the account in another 2days. NEW METHOD TO CASHOUT WELLS

HOW TO WITHDRAW FUNDS FROM COINBASE

Be very observant just so you can transfer the bitcoin to your wallet outside Coinbase once it arrive your Coinbase account. There is no need to worry about being caught when you transfer bitcoin from your Coinbase account to another wallet outside  Coinbase.

HAPPY CARDING

 

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