how to withdraw bnb from trust wallet to bank account

To withdraw BNB from Trust Wallet to a bank account, convert it to a stablecoin like BUSD, withdraw it to an exchange, add bank account details, initiate withdrawal, undergo verification, and receive funds within 1-3 business days.

Nov 02, 2024 at 04:33 pm

How to Withdraw BNB from Trust Wallet to Bank Account

Trust Wallet is a popular crypto wallet that allows users to store, send, and receive various cryptocurrencies, including Binance Coin (BNB). If you need to withdraw your BNB to a bank account, follow these steps:

1. Convert BNB to a Stablecoin

• Trust Wallet does not directly support withdrawals to bank accounts. You first need to convert your BNB to a stablecoin like Binance USD (BUSD).
• Tap on the "Exchange" tab within the Trust Wallet app.
• Select BNB from the "From" field and BUSD from the "To" field.
• Enter the amount of BNB you want to convert and tap on "Swap".

2. Withdraw BUSD to an Exchange

• Once the BNB has been converted to BUSD, you need to withdraw it to a cryptocurrency exchange that supports bank withdrawals.
• Some popular exchanges that support BUSD withdrawals are Binance, Coinbase, and Kraken.
• Open an account on the exchange of your choice and complete the verification process.

3. Add Bank Account Details

• Once you have registered on the exchange, navigate to the "Withdraw" section.
• Select BUSD as the currency you want to withdraw.
• Choose "Bank Account" as the withdrawal method.
• Enter your bank account details, including the bank name, account number, and SWIFT/BIC code.

4. Initiate Withdrawal

• Enter the amount of BUSD you want to withdraw.
• Review your withdrawal details and make sure everything is correct.
• Click on "Confirm" or "Withdraw" to initiate the transaction.

5. Verification and Processing

• The exchange may require you to verify your identity before processing the withdrawal.
• Once verified, the withdrawal will typically be processed within 1-3 business days.

6. Receive Funds in Bank Account

• Once the withdrawal has been processed, the funds should appear in your bank account within the specified time frame.

Note:

• There may be fees associated with converting BNB to BUSD and withdrawing BUSD to a bank account. Check with the respective exchange for more information.
• Withdrawal times may vary depending on the exchange and your bank's processing time.
• Ensure that you provide accurate bank account details to avoid any delays or issues with the withdrawal process.