How To Withdraw Your Money From Crypto.com

admin 11/12/2022 Cryptocurrency 0 Views

MetaMask is a cryptocurrency wallet that allows you to store your Ethereum.

However, yous won’t be able to sell your Ethereum on information technology.

If you don’t sell your Ethereum, you won’t exist able to withdraw money to your bank account.

If you want to sell your Ethereum, you lot need to
employ a cryptocurrency exchange.

At that place are many cryptocurrency exchanges including Binance, Coinbase, Gemini, and others.

Binance is highly recommended
because it has 1 of the everyman fees.

By selling your Ethereum on Binance, you lot tin can choose the currency that you desire to receive.

For example, if you live in Europe, you can select the “EUR” currency.

In this guide, y’all’ll learn how to withdraw coin from MetaMask to your depository financial institution account by selling your Ethereum on Binance.

How to withdraw money from MetaMask to bank account

To withdraw coin from MetaMask to your banking company account, you need to ship your Ethereum to a cryptocurrency exchange like Binance.

Next, sell your Ethereum on Binance and withdraw it to your banking concern account.

You won’t be able to sell your Ethereum on MetaMask.

Hence, you need to send your Ethereum to a cryptocurrency exchange similar Binance.

On Binance, y’all’ll be able to
sell your Ethereum for fiat coin
and so you lot can withdraw it to your bank account.

Binance offers a diversity of withdrawal methods.

The withdrawal methods depend on your country or region.

The most common withdrawal method is the “Banking concern Carte du jour” method, which is as well known as
an instant card withdrawal.

By using an instant card withdrawal, the procedure will typically take 5 minutes to complete.

However, there is a 1% transaction fee for EEA customers.

Here’south how to withdraw money from MetaMask to bank account:

Create a Binance account
Copy your Ethereum address on Binance
Send your Ethereum from MetaMask to Binance
Sell your Ethereum on Binance
Withdraw your money from Binance to your bank

1. Create a Binance account

Become started on Binance hither:https://www.binance.com/en/annals?ref=73583477 or use “73583477” as the referral lawmaking.

Before you can withdraw money from MetaMask to your bank account, you need to sell your Ethereum on a cryptocurrency substitution.

Binance is highly recommended because it has ane of the lowest fees.

Firstly, go to binance.com and
click on the “Register” button.

On the registration folio, enter your electronic mail address and choose a password.

Then,
utilize “73583477”
as the referral ID.

Take the terms of service, and click on “Create Account”.

After you’ve created a Binance business relationship, yous need to
verify your identity.

This includes the basic verification and intermediate verification.

The basic verification requires y’all to provide your information including your birthday and address.

On the other hand, intermediate verification requires you to verify your identity by
uploading your ID
and taking a photo of yourself.

One time you’ve completed the verifications, you’ll have full access to the features on Binance.

2. Re-create your Ethereum address on Binance

Later on you’ve created a Binance account and verified your identity, y’all need to copy your Ethereum address.

You demand to send your Ethereum from MetaMask to this address later on.

Firstly, click on
“Wallet” followed by “Fiat and Spot”
to get to your fiat and spot wallet.

On your fiat and spot wallet, yous’ll see a list of your cryptocurrency balances.

Scroll downward the list until you find “ETH”.

Once you’ve found “ETH”,
click on “Eolith”
next to it.

After you’ve clicked on “Deposit”, yous’ll land on the “Deposit Crypto” page.

Firstly, if the “Coin” dropdown box isn’t “ETH”, select “ETH”.

Next,
select the “ERC20” network
using the “Network” dropdown box.

One time you’ve selected the “ERC20” network, you’ll see your Ethereum address.

Copy your Ethereum accost
by clicking on the duplicate icon.

3. Ship your Ethereum from MetaMask to Binance

After you’ve copied your Ethereum address from Binance,
open up your MetaMask wallet.

Next, enter your MetaMask password to unlock your wallet.

Once you lot’re on MetaMask, select the “Ethereum Mainnet” network.

Now, you’ll see your Ethereum rest and three icons.

The 3 icons are “Purchase”, “Send”, and “Swap”.

Since you’re looking to send your Ethereum to Binance,
click on “Send”.

After you’ve clicked on ship, you’ll land on the “Add together Recipient” folio.

Now, you lot demand to paste your Ethereum address from Binance.

On the folio, yous’ll run into a “Search, public address (0x), or ENS” field.

On the field,
paste your Binance Ethereum accost
from step #2.

How to withdraw money from MetaMask to bank account

After you’ve pasted your Ethereum accost from Binance, you’ll state on the sending page.

In addition, y’all’ll come across a tick at the top of the page.

The tick indicates that the address that yous’ve pasted is valid.

The sending page has a couple of fields including “Asset” and “Amount”.

Firstly, brand sure that “ETH” is selected in the “Asset” field.

Next,
enter the corporeality of Ethereum that you want to send
to Binance in the “Amount” field.

Lastly, click on “Adjacent” followed by “Send” to send your Ethereum to Binance.

The withdrawal procedure will typically accept
near 30 minutes
to complete.

4. Sell your Ethereum on Binance

Sell your Ethereum on Binance here: https://www.binance.com/en/purchase-sell-crypto?type=SELL.

Now that you’ve sent your Ethereum from MetaMask to Binance, you lot need to sell it for fiat money.

That way, you lot’ll exist able to send your fiat money on Binance to your bank account.

Firstly, go to the selling page on Binance hither: https://world wide web.binance.com/en/buy-sell-crypto?type=SELL.

One time you’re on the selling page,
select “ETH”
on the “Spend” field.

Secondly, enter the amount of Ethereum that you lot want to sell.

Thirdly,
select the currency that you want to receive
in the “Receive” field.

For example, if you live in Europe, select the “EUR” currency.

Lastly,
click on “Continue”
and follow the on-screen instructions to sell your Ethereum for fiat money.

5. Withdraw your money from Binance to your banking concern

Now that you’ve sold your Ethereum for fiat money on Binance, you’ll be able to withdraw it to your bank business relationship.

Firstly, click on
“Wallet” followed by “Fiat and Spot”
to become to your fiat and spot wallet.

On your fiat and spot wallet, you’ll come across your fiat and cryptocurrency balances.

Click on “Withdraw”
at the top of the page to go to the withdrawal page.

After you lot’ve clicked on “Withdraw”, you’ll state
on the withdrawal page.

Here’s what you need to do to withdraw your coin to your bank account:

Select the currency that y’all want to withdraw using the “Currency” dropdown box (eastward.grand. EUR).
Select the payment method that you lot desire to use (eastward.chiliad. Bank Card”).
Enter the amount that you lot want to withdraw to your bank account in the “Amount” field.
If you’re using the “Bank Carte du jour” payment method, click on “Add together New Bill of fare” and enter your card information.
Click on “Continue”.

After you’ve clicked on “Continue”, y’all need to
complete a security verification.

This includes entering a 6-digit code that is sent to your telephone number.

Subsequently you’ve completed the security verification, y’all’ll see an “Order Submitted” popular-upwards.

This means that you’ve successfully withdrawn money from Binance to your bank account!

The withdrawal process will typically have v minutes if you’ve selected the
“Bank Card” payment method.

However, if you’re using a payment method like SWIFT, it tin can have 1 to 4 business days for the money to make it in your bank account.

To check the withdrawal status,
click on “View History”
on the popular-up or click on “Transaction History” on the left sidebar of your fiat and spot wallet.

Determination

If you want to withdraw money from MetaMask to your bank business relationship in the future, you lot demand to send your Ethereum to Binance outset.

So, y’all’ll be able to
sell your Ethereum for fiat money
and transfer it to your bank business relationship.

Continue in mind that every transaction you make involves a fee.

Hence, information technology’s a good idea to withdraw your coin from MetaMask to your bank business relationship just if you want to sell a lot of Ethereum.

Whenever you’re sending Ethereum from MetaMask, make sure that y’all’ve entered
the correct address.

Otherwise, your Ethereum may be lost forever.