When it comes to withdrawing cryptocurrency funds into a bank account, the process can be streamlined by utilizing a cryptocurrency exchange that supports fiat currency withdrawals. Mudrex, for example, is a reputable exchange that offers this service.
Was this helpful?
153
39
CryptoWizardThu Oct 10 2024
To begin, it's essential to sell your cryptocurrency holdings on the exchange. This can be done by navigating to the trading platform and selecting the desired cryptocurrency pair, with the fiat currency (such as USD or EUR) as the base currency.
Was this helpful?
227
23
FantasylitElationThu Oct 10 2024
Once the sale is executed, the proceeds will be credited to your exchange account in the form of the selected fiat currency.
Was this helpful?
81
85
NicolaWed Oct 09 2024
Next, you'll need to link your bank account to the exchange. This typically involves providing your bank account details, such as the account number and routing number, as well as verifying your identity through KYC (Know Your Customer) procedures.
Was this helpful?
84
23
LorenzoWed Oct 09 2024
With your bank account linked, you can then initiate a withdrawal request from your exchange account. This can be done by navigating to the withdrawal section of the exchange and selecting the desired withdrawal amount and bank account.