How To Withdraw Money From Your Steam Wallet

The best place to sell your CSGO skins is on skinwallet.com. This is due to that fact that if you want to withdraw money from Steam you'll need to use third party sites to sell your skins.

To enjoy the all-round gaming experience on PC, Steam is the best place to go. It consists of a strong gaming community which features a huge range of games. This community consists of over 125 million users in the world. Despite how successful Steam is, there are some areas of Steam's terms which leave users a bit perplexed. The pertinent question is, can you convert your Steam money to real money?

Answering this question directly would be no, you can't, but this answer does not paint the complete picture. Converting your Steam money to real money can actually be done through third party sites.

Items stored in a user's Steam Inventory.

How this is done is through your Steam wallet where everything you own that's not part of your games library on Steam is stored. It could be Steam wallet codes, cards, ingame items etc and all these are placed into your account and can be used to buy software, games, keys, or any other ingame item you want. These purchases are done through the official Steam channels or Steam market community . So, all money you have in your account will add up to your Steam balance and this balance is then stored in your Steam wallet. How can this money be converted into real cash for you to spend outside Steam?

According to Steam terms and conditions, the funds you have in the item inventory 'have no value outside Steam', which makes it non-refundable and non-transferable. What this means is, the funds are used to purchase only Steam related content or other Steam related subscriptions only. This is the major reason why your Steam money cannot be converted to real money.

This might be truly frustrating to individuals that have large balances which they could easily convert to cash and smile at their bank account. However, there is some valid reason why this might not be allowed; The potential for abuse or misuse of the ability to convert your Steam balances to cash is high. If you could easily move your money you deposit into your Steam account from one account to another, there is a possibility of money launderers hijacking the system. It would be an avenue for illegal financial activities. Despite this fear, there are a lot of gamers who want to withdraw their steam money legally. So, here are some ways by which you can do this.

Lets start with this, remember there are a lot of fraudulent and malicious sites out there. Once you link up with these sites outside of Steam, your funds are no longer protected. The risk involved in any such transaction will be yours to bear alone. Either way, if you are willing to bear the risk, you can patronize tested and trusted sites like Skinwallet to convert your Steam money to real money.

This conversion can be done through several ways like trading. How this works is, you can trade items you have in your Steam account with other players on your friends list, but friends do not have to be people you know. Remember this Steam community is 125 million strong, so add up as many people as you can as this will help facilitate your trading of items. The catch here is, you can only trade items not funds. So, please be aware of this catch as trading of funds is not allowed and you might be the recipient of a scam if an offer to trade funds is presented to you.

Another way to go about this is to use the funds in the Steam community or Steam store to buy skins. Buy CSGO skins and sell them on third party sites like skinwallet. When you buy these skins, they can be sold on the site for real money and the money you make can be transferred directly and instantly to a payment option of your choice e.g. PayPal. The important thing to note here is, the value of skins change, so before you make a purchase ensure they will command a good price in the community market as you don't want the value of your inventory to be sold for less than what you paid.

CSGO Skins can be sold on sites like Skinwallet.com.

Another great item you can buy which is easily converted to cash is CSGO keys. This can easily be cashed out because they sell really fast in the community market. What this means is, they command a high price if you want to buy them or sell them.

Overall, it is best to remember that the Steam terms and conditions are pretty strict, thereby restricting you from converting your funds in your Steam wallet to cash. The primary reason is to use the funds in the Steam community or the Steam store is for the improvement of your gaming experience, i.e. buying of keys, cases and so on and so, to counter the problem of withdrawing funds from your Steam wallet, reduce the amount or keep the amount in your wallet to the barest minimum. This way you aren't plagued with finding a way to convert your Steam wallet to cash.