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How Auto-Withdrawal Works on Prestmit

Updated this week

Prestmit’s Auto-Withdrawal feature allows users to automatically transfer funds from their wallet to their bank account immediately after completing a gift card or crypto transaction. This eliminates the need for manual withdrawals, making the process faster, seamless, and hassle-free.

How It Works

When a gift card or crypto transaction is completed, funds go to your Prestmit wallet first. With Auto-Withdrawal enabled, Prestmit automatically sends the money to your selected bank account as soon as the transaction is confirmed. Users no longer need to log in or manually click “Withdraw” , the process happens automatically and securely.

How to Enable Auto-Withdrawal

  1. Go to Settings → Payment Settings

  2. Choose one or both of the following options:

  • Auto gift card payout

  • Auto crypto payout

3. Toggle ON your preferred option

4. Select or add your bank account and complete 2FA verification


Once set up, a confirmation message will appear.

How to Disable Auto-Withdraw

  1. Go to Settings → Payment Settings

  2. Toggle OFF the relevant option

  3. Confirm your action and complete 2FA verification

  4. The feature will be turned off immediately!

How to Update Your Bank

You can update your auto-withdrawal bank account anytime:

  1. Under Auto-Withdrawal, click Edit bank account

  2. Select an existing account or add a new one

  3. Verify with 2FA

  4. Changes will apply to future transactions only

Note: Updating your bank account does not affect past or pending transactions

Frequently Asked Questions

Do I need to enable it for both crypto and gift cards?
No. Each has a separate toggle. You can enable one or both depending on your preference.

What if I don’t have a bank account saved?
You will be prompted to add one when enabling Auto-Withdrawal.

Is Auto-Withdrawal instant?
Yes. Once a transaction is confirmed, funds are transferred automatically.

Can I still withdraw manually if Auto-Withdrawal is enabled?
Yes, for transactions that did not trigger auto-withdrawal.

Can I turn it off later?
Yes. Funds will remain in your wallet until manually withdrawn.

Is it secure?
Absolutely. Every setup and update requires 2FA verification, ensuring only the account owner can change withdrawal settings

Summary

Auto-Withdrawal is built to make your experience faster and easier.

Whether you’re a heavy trader or just hate extra steps, turning it on means you’ll always get your money automatically, safely and instantly.


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