How to Withdraw Crypto from MetaMask

  • Updated Jul 23, 2024, 19:30 UTC
source: unsplash

MetaMask is a Web3 non-custodial wallet that allows users to send, receive, and store ERC-20 cryptocurrencies, as well as interact with decentralized applications (dApps). MetaMask is used by millions daily to trade on decentralized exchanges like Uniswap, PancakeSwap, and SushiSwap.

MetaMask has many features but lacks a way for users to withdraw funds to fiat currencies easily – so let’s go over the best workaround to do that.

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How to Withdraw Crypto from MetaMask using a Bank Account

  1. First, create an account on a centralized exchange like Binance – this will act as a third party to withdraw funds
  2. Link your bank account to your Binance account
  3. Look up your cryptocurrency (you want to withdraw from MetaMask) in your Binance wallet and click on “deposit” to find your deposit address
  4. Send your crypto from MetaMask to Binance using the deposit address, ensuring that you’re using the correct network
  5. Confirm your transaction within MetaMask and wait for the deposit to show up in Binance
  6. Once you’ve received the deposited crypto, you can trade it for your native currency and withdraw it to your account

It’s important to note that you may have to complete a KYC verification before being able to withdraw your funds.

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Author

James Satoshi
James Satoshi
James is a leader in Web3, NFTs, & DeFi with over 4 years of experience in the industry. You'll spot him covering all topics through-out Coinmash in our guides and analysis sections.