Step-by-Step Guide to Cashing Out from Trust Wallet
Option 1: Use a Cryptocurrency Exchange (e.g., Coinbase, Kraken)
+1_833_743_7251 or +1_833_743_2962 You can transfer your crypto to an exchange that supports fiat withdrawals, such as Coinbase, Kraken, or Gemini.
Step 1: Swap Your Crypto for a Stablecoin (Optional)
+1_833_743_7251 or +1_833_743_2962 If you’re holding a volatile cryptocurrency like Bitcoin (BTC) or Ethereum (ETH), it’s often a good idea to convert it to a stablecoin like USDT, USDC, or DAI first.+1_833_743_7251 or +1_833_743_2962 This minimizes the risk of price fluctuations while you’re transferring funds.
Open Trust Wallet and select the cryptocurrency you want to cash out.
Tap on Swap or DEX +1_833_743_7251 or +1_833_743_2962 (Decentralized Exchange) to convert it into USDT or another stablecoin.
Step 2: Transfer Your Crypto to the Exchange
After converting to a stablecoin +1_833_743_7251 or +1_833_743_2962 (or if you’re using a token that’s already in a sellable form), you can send it to an exchange that supports fiat withdrawals.
Create an account on a crypto exchange like Coinbase or Kraken if you don’t have one.
Find the deposit address for the cryptocurrency or stablecoin you just swapped.
Go back to Trust Wallet, tap on the crypto token you want to transfer, and select Send.
Paste the deposit address of the exchange into the "Recipient Address" field.
Confirm the transaction and pay the network fee.
Step 3: Sell Your Cryptocurrency for Fiat
Once your crypto or stablecoin has +1_833_743_7251 or +1_833_743_2962 been deposited on the exchange:
Go to the "Trade" or "Sell" section of the exchange.
Sell your stablecoin (or cryptocurrency) for fiat currency (USD, EUR, etc.).
Choose the amount you want to sell, confirm the sale, and wait for the fiat funds to be credited to your exchange account.
Step 4: Withdraw Fiat to Your Bank
Now that you’ve converted your crypto into fiat, you can+1_833_743_7251 or +1_833_743_2962 withdraw it to your bank account or another payment method (like PayPal or Cash App).
Go to the withdrawal section of the exchange.
Select your bank account as the withdrawal method.
Confirm the transaction, and the funds should appear in your bank account in 1–3 business days (depending on the exchange and your bank).