How To Cashout The Balance From CS Money
The thing is, a lot of sites have different requirements when it comes to withdrawals, so to help you, we wanted to answer all of your questions like “How long does CS Money withdrawal take?”, or “Can I withdraw money from CS Money”.
So, let’s see what you will need to do to cash out your balance on this website.
Verify Your Account
Before you can do anything on CS Money, you will need to verify your account. This is done to reduce the amount of scams and to increase the overall security of the website.
To verify your account, head over to your nickname and open the dropdown menu. Here, you need to find the Personal Area tab¸ and from there, head into Security and then click on the Verify button.
For verification, you will need to go through a KYC (know your customer) process which means you will need to submit government-issued documents.
Here are the requirements for the KYC (Know Your Customer) verification:
- You must be over the age of 16 to verify your CS Money account.
- Your account name must match with the identity document you issue, as well as your bank account to which you will withdraw your balance.
Now, let’s have a look at the step-by-step guide for the verification process. Please note that you will need to submit government-issued documents. This can be a government-issued ID card, your passport, your driver’s license, or a residence permit.
- First, select your document issuing country. Use the search bar to easily find your country.
- Select the type of document you want to submit (it will give you choices based on the country you choose).
- Now, take a photo of the document you chose to submit. Make sure the photo is clear enough so that the text on the document is readable.
- Submit the photo.
- In the next step, you need to record your face for a couple of seconds so that they can match your face with the image on your document.
After about 30 minutes or an hour, you should get a notification that your verification has been accepted. If there are issues with the verification, you will need to submit a better photo or a different document. And you’re done! After that, your account will be eligible for cashing out items.
Cashing Out Your Balance From CS Money
The process of cashing out your balance from the CS Money site is easy, however, there are some requirements for withdrawals. Here they are:
- You must withdraw a minimum of $10.
- You can only withdraw from the Market Balance. More specifically, you can’t withdraw traded items, you can only withdraw the items you’ve sold on the market.
- You can withdraw from your account only through VISA cards.
- The withdrawal process can take up to 5 days.
So, if you have more than $10 on your market balance and a VISA card, you can head on over to the cashing-out process. You can find the Cashout button on the sidebar to the left of the page.
Once you get there, you can see the amount of money you can withdraw at the top. To the left, you can input how much you want to withdraw from your balance and how much you will get after the commission. Commission is usually around 1% + a flat fee, but you can always check the commission rate at the bottom left. As well as the average withdrawal time on the bottom right of the window.
Next, input your VISA card information, and finally just hit the Withdraw button at the bottom. And that’s it! You successfully cashed out your balance from CS Money.