Sell Crypto Directly to Your Bank Account | Zengo Wallet (2024)

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With low fees and 24/7 live support, tens of thousands of users trust Zengo to be their preferred crypto offramp.

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Selling crypto with Zengo is fast and secure

Sell Crypto Directly to Your Bank Account | Zengo Wallet (4)

Sell Crypto Directly to Your Bank Account | Zengo Wallet (5)

Sell Crypto Directly to Your Bank Account | Zengo Wallet (6)

Sell Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and other cryptoassets using our transaction partners and receive your funds directly in your bank account. We support Banxa, Moonpay, Ramp, Coinify, and Bits of Gold depending on where you live.

If instead you want to swap or purchase crypto, please check out our Swap or Buy page. We support a variety of vendors to ensure that you can sell your crypto, no matter where you are located in the world.

For more information on the fee structure of each of our providers, check out our Support page.

What you should know before you sell crypto

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Swap to stablecoins

Want to stay within the crypto ecosystem but move to a stablecoin like USDC or USDT? Swap securely in a few taps.

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Chose from many options

Enjoy swapping more tokens, currencies, and places to chose from to cash out. Choose the best option for you!

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24/7 Support standing by

Questions about the selling process? Our 24/7 support is ready to help. Tap on the headset inside Zengo in the top-right corner.

Sell Crypto Directly to Your Bank Account | Zengo Wallet (10)

Secure, encrypted WiFi

Ensure you’re connected to a secure and encrypted WiFi location before making any crypto transactions.

How to sell crypto in 4 simple steps:

Sell Crypto Directly to Your Bank Account | Zengo Wallet (11)

Step 1​

Tap on the action button in the bottom center of your Zengo app, then press “Sell to your bank account.”

Step 2

Tap on the offramp provider you prefer to use. Don’t forget, you always have the option to choose to swap your crypto to stablecoins as well.

Different options might appear based on your current location.

Sell Crypto Directly to Your Bank Account | Zengo Wallet (12)

Sell Crypto Directly to Your Bank Account | Zengo Wallet (13)

Step 3

You will be automatically directed to our partner provider’s page to complete the KYC verification process and enter in the amount of crypto you wish to sell.

Once completed, the offramp partner will provide you with a wallet address to send your crypto to complete the process.

Step 4

Return to your Zengo app and tap on the “send” button. Enter the exact amount that you were told to input based on the previous steps.

Paste the wallet address provided by the offramp partner, and send. Make sure you are sending the correct cryptoasset to the correct address and ask Zengo support if you have any questions.

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Questions?

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Zengo support is available 24/7 from within the app! Or contact us at [emailprotected]

Contact us

Disclaimer: The information provided herein is for educational purposes only. Zengo does not provide any investment or financial advice whatsoever. As with any financial or investment decision, conduct your own research and due diligence to properly evaluate the benefits and risks of any investment or financial transaction and seek the advice and guidance of qualified financial professionals, in connection with any investment or financial transaction.

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Sell Crypto Directly to Your Bank Account | Zengo Wallet (2024)

FAQs

How do I sell my crypto to my bank account instantly? ›

How to sell crypto with BitPay
  • Enter an amount. Select the cryptocurrency and amount of crypto you'd like to sell.
  • Choose payout method. Opt for a direct bank account deposit or load funds onto your existing debit card, depending on what's most convenient for you.
  • Complete the transaction and receive cash.

How do I get money from my crypto wallet to my bank account? ›

Many cryptocurrency platforms and exchanges offer the option to sell crypto and transfer the resulting funds directly to your linked bank account. If you want to withdraw money, you typically click Sell on your cryptocurrency platform and choose to withdraw to your bank account.

Can you transfer money from crypto to bank account? ›

Use an exchange to sell crypto

You'll quickly exchange cryptocurrency into cash, which you can access from your cash balance in Coinbase. From there, you can transfer the money to your bank account if you wish.

Can I sell crypto directly from my wallet? ›

US customers can sell crypto from their wallet to their local currency balance on Coinbase, or cash out crypto from their wallet to their linked bank account on Coinbase.

What is the fastest way to withdraw money from crypto to bank account? ›

5 Easy Ways to Convert Bitcoin to Cash Instantly
  1. Sell Bitcoin in the BitPay Wallet app.
  2. Sell crypto for cash on a central exchange like Coinbase or Kraken.
  3. Use a P2P exchange.
  4. Use a crypto debit card like the BitPay Card.
  5. Seek out a Bitcoin ATM.
  6. Bonus: Gift cards.
Apr 3, 2023

What is the fastest way to turn crypto into cash? ›

5 Easiest Ways to Turn Bitcoin into Cash Instantly in 2024
  1. Centralized Crypto Exchanges (CEXs)
  2. Crypto Debit Cards.
  3. Peer-to-Peer (P2P) Exchanges.
  4. Bitcoin ATMs (BTMs)
  5. Gift Cards.

Which crypto wallet can transfer to a bank account? ›

Quick answer:
  • To transfer crypto to a bank account, you can use centralized crypto wallets to sell crypto for fiat money and withdraw them to your bank account.
  • Some popular crypto wallets that enable this functionality are Coinbase, Binance, Crypto.com, Kraken, and swissmoney.

How do I withdraw money from Crypto.com to my bank account? ›

How to submit a USD withdrawal request?
  1. Go to “Fiat Wallet” from Menu Button or the Accounts Menu. Tap “Transfer” > “Withdraw” > “USD”
  2. Tap on your USD balance and Withdraw USD.
  3. Tap Add Bank Account or select the preferred bank account if it has already been added.

How to transfer from wallet to bank? ›

Step 1: Open the Paytm app on your mobile device. Step 2: Scroll down to the 'My Paytm' section and click the 'Paytm Wallet' tab. Step 3: Select the 'Transfer to Bank' option on the next page. Step 4: Enter the amount for the money transfer on the new window.

How do I sell crypto and withdraw cash? ›

A third-party broker or a cryptocurrency exchange enables you to trade your digital money into a fiat currency of your choice. You simply deposit your cryptocurrency into a crypto exchange/broker of your choice and request a withdrawal in one of the available fiat currencies.

How to sell on Coinbase to your bank account? ›

Mobile app
  1. Access the Coinbase mobile app.
  2. Select My assets, then Cash out.
  3. Enter the amount you want to cash out.
  4. Select your Cash out from balance and choose your Deposit to destination.
  5. Select Preview cash out and confirm your selections.
  6. Select Cash out now to complete your transfer.

How to cash out large amounts of crypto? ›

Crypto exchange

Perhaps the most typical way of cashing out large amounts of Bitcoin is using a centralized exchange (CEX). These platforms provide extensive crypto trading tools and offer a few cash-out ways.

Can you cash out crypto immediately? ›

Instant Cashouts allow eligible Coinbase customers to cash out from their local currency balance to their approved payment method. Transactions are processed instantly and customers may see their funds within 30 minutes, but it can take up to 24 hours.

Can you sell crypto immediately? ›

You can sell cryptocurrency for fiat on MoonPay within a few minutes. If you are using a VISA Fast Funds card, you will receive the payout within 30 minutes. For standard VISA cards, funds may take up to 48 hours to be made available.

How do I withdraw money from Crypto com instantly? ›

  1. Enter the 6-digit verification code generated by your authenticator app (if you are using an Untrusted Device)
  2. Making a Withdrawal. ...
  3. Tap the Transfer button > Withdraw > External Wallet.
  4. Select the whitelisted wallet address you wish to withdraw to. ...
  5. Review and click Confirm on the confirmation page. ...
  6. a.

How long does it take to withdraw money from crypto to bank account? ›

Since your local currency is stored within your Coinbase account, all buys and sells occur instantly. Cashing out to your bank account via SEPA transfer generally takes one to two business days.

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