how to withdraw bnb from trust wallet to bank account

To withdraw BNB from Trust Wallet to a bank account, convert it to a stablecoin like BUSD, withdraw it to an exchange, add bank account details, initiate withdrawal, undergo verification, and receive funds within 1-3 business days.

Nov 02, 2024 at 04:33 pm

How to Withdraw BNB from Trust Wallet to Bank Account

Trust Wallet is a popular crypto wallet that allows users to store, send, and receive various cryptocurrencies, including Binance Coin (BNB). If you need to withdraw your BNB to a bank account, follow these steps:

1. Convert BNB to a Stablecoin

Trust Wallet does not directly support withdrawals to bank accounts. You first need to convert your BNB to a stablecoin like Binance USD (BUSD).
Tap on the "Exchange" tab within the Trust Wallet app.
Select BNB from the "From" field and BUSD from the "To" field.
Enter the amount of BNB you want to convert and tap on "Swap".

2. Withdraw BUSD to an Exchange

Once the BNB has been converted to BUSD, you need to withdraw it to a cryptocurrency exchange that supports bank withdrawals.
Some popular exchanges that support BUSD withdrawals are Binance, Coinbase, and Kraken.
Open an account on the exchange of your choice and complete the verification process.

3. Add Bank Account Details

Once you have registered on the exchange, navigate to the "Withdraw" section.
Select BUSD as the currency you want to withdraw.
Choose "Bank Account" as the withdrawal method.
Enter your bank account details, including the bank name, account number, and SWIFT/BIC code.

4. Initiate Withdrawal

Enter the amount of BUSD you want to withdraw.
Review your withdrawal details and make sure everything is correct.
Click on "Confirm" or "Withdraw" to initiate the transaction.

5. Verification and Processing

The exchange may require you to verify your identity before processing the withdrawal.
Once verified, the withdrawal will typically be processed within 1-3 business days.

6. Receive Funds in Bank Account

Once the withdrawal has been processed, the funds should appear in your bank account within the specified time frame.

Note:

There may be fees associated with converting BNB to BUSD and withdrawing BUSD to a bank account. Check with the respective exchange for more information.
Withdrawal times may vary depending on the exchange and your bank's processing time.
Ensure that you provide accurate bank account details to avoid any delays or issues with the withdrawal process.

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