Want to withdraw money from Trust Wallet to your bank account?
Trust Wallet allows you to store your favorite cryptocurrencies.
You can also exchange tokens in a decentralized mannersuch as PancakeSwap In the DApp browser.
When you buy a token, it is stored in your Wallet in the Trust Wallet.
If you want to sell an account, you can either change it to the popular cryptocurrency currency such as BNB or Ethereum.
Once you have changed the BNB or Ethereum, you will have to redeem it.
Otherwise, you will not be able to figure it out.
In this guide, you will learn how to withdraw money from the Trust Wallet to your bank account.
How to withdraw money from Trust Wallet to a bank account
If you want to withdraw money from Trust Wallet to your bank account, you must first change your account to BNB or Ethereum.
Then send to BNB or Ethereum popular exchanges such as Binance.
Binance supports more than 60 fiat currencies, making it the primary exchange for raising cryptocurrencies.
Once you’ve sent them to Binance, you can sell them in fiat currencies such as USD, AUD, GBP and more.
Finally, you can withdraw fiat currency to your bank account.
To do this, go to the withdrawal page and select a payment method.
Then enter the amount of money you want to send to your bank account.
The cancellation process usually takes about 30-60 minutes finish.
Here’s how to withdraw money from Trust Wallet to your bank account:
- Create a Binance account and copy the ID address (eg BNB)
- Send an ID (eg BNB) from the Trust Wallet to Binance
- Sell an ID (e.g. BNB) in Binance
- Withdraw fiat money (eg EUR) to the bank
1. Create a Binance account and copy the ID address (eg BNB)
Start using Binance here: https://www.binance.com/en/register?ref=73583477 or use “73583477” as the reference code.
The first step is to create an account for a popular cryptocurrency.
Binance is highly recommended as it supports more than 60 fiat currencies.
In addition, it supports credit cards, debit cards, bank transfers and cash.
First, go Binance.com and create an account using the link above.
Once you’ve created and signed in to your account, you’ll be taken to the control panel.
Click Wallet followed by “Fiat and Spot” in the navigation bar at the top.
After clicking “Fiat and Spot”, you will get to the “Fiat and Spot” wallet.
Next, find the encryption currency you want to redeem from the Trust Wallet and click “Deposit”.
For example, if you have a BNB Trust Wallet and want to redeem it, go to “BNB” and click “Save”.
After clicking “Save” on the cryptocurrency (e.g. BNB), you will land in your BNB wallet.
You can redeem your encryption currency in Trust Wallet by sending it to Binance to sell.
That’s why you have to copy the address of your cryptocurrency (e.g. BNB) Binance.
In the Coin field, select the encryption currency you want to deposit.
For example, if you want to redeem a BNB from a Trust Wallet, make sure “BNB” is selected.
Then, copy your BNB address and memory.
If you plan to store Ethereum, no memory is required.
2. Send the ID (eg BNB) from the Trust Wallet to Binance
Now that you have copied your cryptocurrency address (e.g. BNB) from Binance, you need to open the Trust Wallet.
At this point, you need to send the cryptocurrency you want to pick up (e.g. BNB) Trust Wallet to Binance.
This allows you to sell cryptocurrency currency in fiat money.
Trust Wallet, tap the encryption currency that you want to redeem.
For example, if you want to redeem a BNB from your Trust Wallet account to your bank account, tap “BNB”.
If you don’t have a BNB, you have to convert your ID to BNB first.
Otherwise, you cannot withdraw money.
You can do this in a distributed hub, such as PancakeSwap, using the Trust Wallet’s DApp browser.
After tapping the cryptocurrency you want to withdraw (e.g. BNB), you land in the BNB wallet.
The BNB wallet displays several icons, such as “Send”, “Receive”, “Copy” and “Add”.
Since you cannot sell your BNB on the Trust Wallet, you will need to send it to Binance.
So, tap “Submit” send to BNB Binance.
After tapping Submit, you will be taken to the submission page.
On the submission page, you will see several fields, such as “Recipient’s address”, “BNB amount” and “Memo” (if you are sending a BNB).
In the first place paste your BNB address Binance in the Recipient Address field.
You can find this address by following First step.
Next, enter the amount of the BNB which you want to send to Binance (e.g. 0.1) in the “BNB Amount” field.
The value of the BNB you submitted will appear below the field (e.g. $ 38.00).
Then, paste your memory In the “Notepad” field and tap “Next”.
Similarly, you can find this address by following First step.
After tapping Next, you will be taken to a confirmation page where you will need to confirm the withdrawal.
The lifting process takes approx 30-60 minutes.
3. Sell an ID (e.g. BNB) in Binance
Click this link to sell the tag in Binance: https://www.binance.com/en/buy-sell-crypto?type=MYY.
Once you have sent the encryption currency you want to redeem from the Trust Wallet to Binance (e.g. BNB), you can sell it at Binance.
In the first place Click the link above.
Clicking on the link will take you to Binance’s Buy and Sell Cryptocurrency page.
On this page you can sell your cryptocurrency currency fiat.
In the I want to sell field select an encryption currency which you want to sell (e.g. BNB).
Then enter the amount of BNB to be sold.
Next, select fiat currency which you want to receive in the Inbox field (e.g. USD, EUR).
Then tap next to go to the confirmation page.
On the confirmation page, you need to confirm the sale.
4. Withdraw fiat money (eg EUR) to the bank
Click this link to withdraw fiat money to the bank from Binance: https://www.binance.com/en/my/wallet/account/main/withdrawal/fiat.
Now that you have sold the cryptocurrency to the fiat currency (e.g. EUR), you can withdraw the fiat currency or money to the bank.
In Binance, click on “Wallet” and then “Fiat and Spot” in the navigation bar at the top.
In the Fiat and Spot wallets, click the “Cancel” link at the top of the page.
Then, Click the “Pull Fiat” button.
After clicking the “Cancel Fiat” button, you will be taken to the Fiat cancellation page.
First, you need to choose your currency and payment method.
Select in the “Currency” field select a currency which you want to withdraw to your bank account (eg EUR).
Next, select a payment method.
recommended payment methods are “bank transfer (SEPA)” and “debit card (Visa)”.
Second, you must provide your withdrawal information.
In the Quantity field enter the amount of money which you want to send to your bank account.
Finally, select the bank account to which you want to send money in the “Withdraw” field and click “Continue.”
After clicking Continue, Complete the security check and the money will be sent to your bank account.
You usually get the money in 30-60 minutes.
You have successfully learned how to withdraw money from Trust Wallet to your bank account!