HOW TO WITHDRAW FIAT CURRENCY ON OVEX

You can easily withdraw your local FIAT currency to your personal bank account in a few simple steps.

1. You can withdraw your FIAT currency from your OVEX account by clicking on Wallets in the nav bar and then clicking on Withdraw from the drop down.

2. Change the withdrawal asset to the FIAT currency which you would like to withdraw to your Bank account. In this instance South African Rands (ZAR) is used as an example.

3. Proceed to enter your Bank account withdrawal details.

These include:

• Amount
• Account Holder
• Bank
• Account Number
• Branch Code
• 2FA Code

You have the option of making a Once Off Withdrawal or Withdrawing to an already saved Beneficiary by clicking the Withdraw to Beneficiary option. By adding Beneficiaries you save time by not having to re-enter Withdrawal details from scratch every-time you want to action a withdrawal. See here on how to add a Fiat Beneficiary.

Your 2FA Code is a prerequisite for withdrawals. This is as an extra layer of security and ensures you and only you are able to withdraw funds from your account. A tutorial on how to enable your 2FA Code can be found here.

4. Once you are happy that all the Withdrawal details are correct click the <Submit> button.

5. Remember to confirm your withdrawal via email.