How do you withdraw from MetaMask to your bank account?
The great Ethereum-based wallet MetaMask can assist you with a variety of transactions.
A central Ethereum wallet with several benefits is called MetaMask. However, are there specific ways to transfer money from Metamask to a bank account?
By enabling users to transfer and store NFTs, the MetaMask NFT service expansion has also contributed to the wallet's continued growth.
To further diversify its offering of services, the wallet will also soon provide a MetaMask token and a DAO.
Additionally, the wallet is crucial in enabling cross-blockchain crypto transfers across different blockchains, such as polygon MetaMask and Uniswap MetaMask.
How may users withdraw money from MetaMask to a bank account, shall we see?
How to Withdraw Money From MetaMask To Bank Account
A user must follow these steps in order to transmit money from MetaMask to a bank account:
- Initially, transfer money from MetaMask to a cryptocurrency exchange like Binance or Coinbase.
- Sell your cryptocurrency for some fiat money like the USD or EUR.
- Once you have received the fiat money, you may deposit it immediately into the bank account that is associated with your Binance account.
How To Withdraw Money From MetaMask To PayPal
Users who want to withdraw money from MetaMask to PayPal must:
- Send the cryptocurrency funds first to a cryptocurrency exchange like Binance or Coinbase.
- Select "Settings" from the menu.
- Decide to add a payment method.
- Type in the details for your PayPal account.
- Tap the associated PayPal account.
- Choose the cryptocurrency you wish to withdraw by clicking on the arrow shown in front of the assets category.
- Copy the provided Ethereum address.
- Paste the address into your MetaMask wallet.
- Choose "Confirm" (to send your funds)
- Check the Ethereum and money thereby refreshing the exchange's page.
- Select the Sell option, then enter the selling price.
- Choose the account from which you wish to withdraw funds. In this instance, pick PayPal
- Before clicking the send button, double-check all the information.
- Check the amount you have received from your exchange by logging into PayPal.