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can you withdraw from metamask to bank account
Withdrawing ETH from MetaMask to a bank account involves connecting to a fiat gateway like Wyre, providing bank details, initiating a sell order, reviewing the transaction, and waiting for the funds to arrive within 1-3 business days.
Oct 31, 2024 at 12:36 pm
How to Withdraw Funds from MetaMask to a Bank Account
Step 1: Connect MetaMask to Wyre
- Install Wyre, a popular fiat gateway, and link it to your MetaMask wallet.
Step 2: Initiate a Sell Order
- Navigate to the "Sell" tab in Wyre.
- Select the "ETH to USD" option.
- Enter the amount of ETH you want to sell.
Step 3: Provide Bank Details
- Enter your bank account information, including the account number, routing number, and bank address.
- Verify your identity by providing a government-issued ID (e.g., passport or driver's license).
Step 4: Review and Confirm Transaction
- Review the transaction details carefully.
- Ensure that the amount, recipient, and bank information are correct.
- Click "Confirm" to initiate the withdrawal.
Step 5: Track the Transaction
- You can monitor the status of your transaction in both Wyre and your bank account.
- The funds should typically arrive within 1-3 business days.
Additional Notes:
- Fees: MetaMask and Wyre charge small fees for withdrawals.
- Minimum Withdrawal Amount: The minimum withdrawal amount varies depending on the exchange.
- Verification Process: Wyre may require additional verification measures, such as uploading a selfie or providing additional documents, to prevent fraud.
- Transaction Limits: There may be daily or monthly withdrawal limits set by Wyre or your bank.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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