How do I withdraw crypto to my bank account?
This is not possible directly inside of Exodus!
Currently, Exodus does not support connecting to your bank account or exchanging crypto for cash, so we created this guide to explain some other options so you can safely exchange your crypto for cash!
In this article:
- Where else can I buy or sell crypto for fiat money?
- Are there alternatives to centralized exchanges?
- Which platform should I choose?
Not only is FTX a custodial crypto exchange, but it’s also an easy platform to buy and sell crypto. You can buy and sell crypto directly on FTX:
You can link your FTX account to the FTX Exchange app in Exodus. You will be able to view, send, receive and exchange your FTX funds inside the Exodus wallet.
Only supported assets will be shown in the FTX app in Exodus. You can see the supported assets here.
You can also view your FTX USD balance or exchange your crypto to "USD" directly inside the FTX Exchange app in Exodus. While you can't withdraw USD directly from the USD wallet in your FTX portfolio in Exodus, you can exchange crypto to USD in the FTX Exchange app in Exodus and it will reflect in the USD wallet in FTX. You can then withdraw USD from FTX ( US | International)!
In order to withdraw fiat, you need to have completed level 2 identity verification/KYC.
For lots of users around the world, the easiest way to sell some bitcoin with your fiat money is with Coinbase:
Coinbase can be used in over 32 countries around the world and you can find the list of countries Coinbase supports at www.coinbase.com/global.
Please note that all exchanges listed in this article are third-party exchanges. Exodus has no affiliation with any of them and we highly recommend doing your own research first before signing up for any exchange or service.
Where else can I buy or sell crypto for fiat money?
If Coinbase is not available in your area or is unavailable to you, you may want to try some of the following options of other centralized exchanges:
- https://cash.app/bitcoin (US)
- https://www.kraken.com/ (US)
- https://gemini.com/ (US)
- https://bitcoin.com.au/ (AUS)
- https://www.coinjar.com/au/ (AUS)
- https://www.bitfinex.com/ (Global)
- https://www.bitstamp.net/ (Global)
- https://btcdirect.eu/en-gb (EU)
- https://anycoindirect.eu/ (EU)
- https://www.luno.com/ (Africa / Asia)
Are there alternatives to centralized exchanges?
If an exchange is not something you're interested in using, there are other services that can connect buyers to sellers in a peer to peer system:
That allows you to sell Bitcoin in different forms whether that be in person or not, and with different forms of payments such as gift cards, cash, or bank deposits.
Another option, available in some areas around the world, is Bitcoin ATMs. Bitcoin ATMs allow you to sell Bitcoin in person. Each ATM works slightly differently.
To check if there is a Bitcoin ATM in your area, please visit: https://coinatmradar.com/
Which platform should I choose?
Each platform and exchange in this article will work slightly differently, so we encourage you to explore them all and see what works best for you.
Remember to always check your local laws and regulations when buying and selling cryptocurrencies.