Are you a cryptocurrency investor who has been using MetaMask as your primary wallet? then, you may be wondering how to withdraw your funds and convert them into traditional currency. Fortunately, the process is simpler than you might think. By following a few simple steps, you can quickly and easily withdraw crypto from MetaMask to your bank account.
Whether you're new to cryptocurrency or a seasoned investor, in this step-by-step guide, I'll walk you through the entire process. So, let's get started and learn how to withdraw your crypto from MetaMask to your bank account!
Steps:
- Transfer your crypto from Metamask to Binance
- Withdraw your crypto from Binance to your bank account
Transfer Crypto From MetaMask to Binance
- Log in to your MetaMask wallet and select the cryptocurrency you want to withdraw.
- Click on the Send button and enter the Binance deposit address.
- Confirm the transaction and wait for the funds to arrive in your Binance account.
Secure Your Metamask Wallet By Following These 10 Steps.
Sell Crypto For Fiat Currency on Binance
- Log in to your Binance account.
- Place your cursor on Trade, and click Binance convert.
- Select the crypto you want to sell and the fiat you want to receive.
- Click preview conversion.
- Click Convert. You have 10 secs to convert in previewed rate.
Adding Payment Method on Binance
Place the cursor on wallet and click Fiat and Spot.
Select Withdraw.
Because you want to withdraw fiat in your bank account, click Withdraw Fiat here.
This will open new tab in your browser. Click continue.
Add credit or debit card number, expiry date and security code. Now, you’ve added your card in Binance. You can add Visa or MasterCard.
Withdrawing Funds from MetaMask to Bank Account
- Once you have entered your card information, proceed to enter the withdrawal details such as the amount to be withdrawn and the account to receive the funds. Withdrawals charge a 1.8% fee.
- Now enter security verification codes. In order to verify your phone number, a code will be sent via SMS. Similarly, for email verification, the code will be sent to your email address. Once received, copy and paste the codes into the designated box and proceed to submit your request for withdrawal. Money will take few moments to arrive in your bank account.
Conclusion
MetaMask is popular crypto wallet, which can work on all chains almost, It was built on Ethereum initially, you can also add Polygon Network in it to save on gas fees. The crypto community is growing with the passage of time and has a high-volatility market. It’s a great time to do your own research and take calculated risks to get success in this industry.