Initiate Bank transfers to withdraw funds from the USD account associated with your OpenNode account to your destination bank account.
Connect a bank account with your OpenNode account
Once you complete verification, you will see the option to connect a bank account as part of enabling a USD wallet.
Once your bank account is connected to your OpenNode account, there are two ways to move funds from your OpenNode account to your bank account: scheduled bank transfers, and one-time transfers.
Scheduled Daily Bank Transfers
Scheduled bank transfers are an automated way to move funds from the OpenNode platform to your bank account on a recurring basis. You can enable scheduled transfers by selecting the toggle on the Wallets > local currency wallet page.
How long does a scheduled bank transfer take?
OpenNode processes scheduled transfers every day at 8:00 AM ET for USD. To stop scheduled bank transfers, simply disable using the toggle. Funds leaving the USD wallet should be available in your bank account on the same business day, though in some cases posting may take longer depending on the receiving bank and amount.
Scheduled Bank Transfer Minimum
The minimum amount required for a scheduled bitcoin transfer is $500. Once your balance exceeds this amount, the entire available balance will be transferred automatically. You can still make a one-time transfer at any time with no minimum.
One-time Bank Transfers
One-time bank transfers allow users to withdraw USD funds on demand. Initiate a one-time bank transfer by selecting "One-time bank transfer" on the Wallet > USD wallet page.
How long does a one-time bank transfer take?
Bank transfers initiated before 8:00 AM ET for USD should process and post in your bank account on the same business day.
Bank transfers initiated after the 8:00 AM ET should generally be available in your bank account next business day (T+1).