HelpWallet
Withdraw crypto to your bank account
earakel
earakel
on Feb 04, 2025

In Status Wallet, you can only withdraw your crypto to your bank account through a third-party platform.

To withdraw your crypto, you need to create an account on a third-party exchange platform and then send a transaction from your Status Wallet address to your exchange platform address.

The most popular exchange platforms include Kraken, Coinbase and Binance. You can choose one of those or any other that's available in your jurisdiction.

Depending on your location, you may also have crypto ATMs and physical exchanges around you. Like using online platforms, you need to send a crypto transaction from your Status Wallet to a crypto ATM or an in-person exchange.

  1. 1
    From the navigation sidebar, click
    Wallet
    .
  2. 2
    Choose the wallet account you want to withdraw crypto from and click
    Send
    .
  3. 3
    From the token list, select which asset or collectible you want to send.
  4. 4
    Enter the amount to send.
  5. 5
    In the
    To
     field, paste the address of your account on the exchange platform.
  6. 6
    Double-check everything, including the network fees, and click
    Send
    .
  7. 7
    Enter your password, double-check your signing phrase and click
    Authenticate
    .

Once the transaction is confirmed, you can withdraw your crypto from the exchange to your bank account. To do that, refer to the exchange's documentation site or contact their support team.

Updated by
E
Emmaon Feb 04, 2025
Was this article helpful?
Every feedback takes us closer to helping you!