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How Auto-Withdrawal Works on Prestmit 💸

Updated today

Tired of manually withdrawing your funds after every transaction?
We got you.

With Auto-Withdrawal, you can automatically send your funds to your bank account as soon as your gift card or crypto transaction is completed, no extra steps, no delays and you won't even need to open the app/website.


💡 What Auto-Withdrawal Does

When you sell gift card or crypto, the money normally goes to your Prestmit wallet first.


With Auto-Withdrawal turned ON, Prestmit instantly sends that money to your selected bank account right after the transaction is confirmed.

That means you don’t have to log in and click “Withdraw” every time. It just happens automatically.


⚙️ How to Turn It ON

  1. Go to Settings → Payment Settings

  2. You’ll see two options:

    • Auto sell gift card payout

    • Auto sell crypto payout
      (They work separately - you can turn one or both ON.)

  3. Toggle ON your preferred option.

  4. Select or add your bank account (you’ll verify with 2FA).

  5. Done! 🎉

You’ll see a success message confirming the setup.


📴 How to Turn It OFF

  1. Go to Settings → Payment Settings

  2. Toggle OFF the setting.

  3. Confirm the action and verify with 2FA.

  4. Done! 🎉


🔁 Changing Your Bank Account

You can update your auto-withdrawal bank account anytime:

  1. Under Auto-Withdrawal, click Edit bank account.

  2. Choose an existing bank or add a new one.

  3. Confirm with 2FA.

  4. Done! 🎉

Note: This doesn’t affect past or pending transactions, only future ones.


💬 Frequently Asked Questions

Q: Do I need to enable it for both crypto and gift cards?
A: No. Each has its own toggle. You can choose to turn on one or both.

Q: What if I don’t have a bank account saved?
A: You’ll be prompted to add one when you try to enable Auto-Withdrawal.

Q: Is Auto-Withdrawal instant?
A: Yes, once your transaction is successfully completed or confirmed, the withdrawal happens automatically.

Q: Can I still withdraw manually if Auto-Withdrawal is ON?
A: Yes, but only for transactions that didn’t trigger auto-withdrawal (like older ones before you enabled it).

Q: What if I turn it off later?
A: No problem. You can turn it off anytime. Your funds will remain in your wallet until you withdraw manually.

Q: Is it secure?
A: 100%. Every setup or edit requires 2FA verification, ensuring only you 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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