LINE’s Virtual Currency Trading Service Now Supports Deposit And Withdrawal From Bank Accounts

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • Lines’ virtual currency business, is excited to announce that it is now feasible for the customers to deposit and withdraw money from their bank account.
  • BITMAX is a popular cryptocurrency trading service, can now be used with LINE, which is used by over 83 million customers each month.
  • This facility would let you deposit Yen from LINE pay, debit deposit from a bank account linked to LINE Pay, or deposit from a bank account.

Japenese messaging giant Line and it’s parent company LVC Co. Ltd, located in Shinjuku-ku, Tokyo. LVC operates Lines’ virtual currency business, is excited to announce that it is now feasible for the customers to deposit and withdraw money from their bank account through virtual currency trading service BITMAX.

BITMAX is a popular cryptocurrency trading service, can now be used with LINE, which is used by over 83 million customers each month. The service began on 17th September 2019, and it aims at providing a cryptocurrency trading facility to those who are trading for the first time.

Now, you can not only deposit or withdraw from your LINE account but from your bank account as well. This facility would let you deposit Yen from LINE pay, debit deposit from a bank account linked to LINE Pay, or deposit from a bank account.

To make a deposit, you need to follow these simple steps:

  • Tap “Deposit” from the “Japanese Yen” wallet of the BITMAX and select “Transfer from the bank account.”
  • Now, complete the transfer from your bank account to the displayed destination account.

BITMAX has a dedicated account for each customer, which can be used for unlimited deposits. A transfer fee levied by the bank will be charged for each transaction.

To withdraw to your bank account follow the steps given below:

  • Tap on “Withdraw” from the “Japanese Yen” wallet of the BITMAX and select “Withdraw to the bank account.”
  • Now, enter the withdrawal amount and tap OK.
  • A withdrawal request will be completed to the bank account of the LINE customer.

Proper verification is necessary to utilize the ability to withdraw 10 million Yens a day. If you have verified your account via mail, selfie, or bank account registration and ID verification, the limit will be 100,000 Yen a day. 400 Yen will be charged as a withdrawal fee for each transaction.

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