How to Withdraw from Trust Wallet

Photo of author
Author: Mr. KingsHOK
An accountant who turned cryptopreneur to pursue my interest in crypto and decentralized finance. Let me show you how to invest safely in the space with my experience over the years.

Trust mobile app is my favorite wallet for keeping crypto funds safe.

There are many decentralized wallets in the market, but it has ranked itself as one of the best for storing, saving, transferring or managing tokens easily.

This mobile wallet app allows you to store, or swap tokens using decentralized exchanges like PancakeSwap on the DApp browser.

When you buy a token, it’ll be stored in your Trust wallet, but when selling the token, you can swap it for another popular cryptocurrency.

Once you’ve swapped in for a popular crypto (i.e. BTC, ETH or BNB etc.), you’ll then need to cash it out.

However, most people still don’t know how to withdraw their cryptocurrency investments from Trust wallet to a bank account.

If you’re one of these kinds of people, then you should count yourself as a lucky person as well.

In this guide, am going to show you how to withdraw your money from Trust wallet to your bank account.

How to withdraw from Trust wallet app

To withdraw money from Trust mobile wallet to your bank account, you need to swap the token for Bitcoin, Ethereum, Binance coin firstly.

Then, send the BNB or Ethereum to a popular exchange like Binance.

Binance supports more than 60 fiat currencies, which makes it the best crypto exchange to cash out your crypto investment.

If you don’t have account already, you should create an account with the exchange and deposit your token using its specific wallet address.

If you use my referral link, you will get some bonus upon a successful account creation.

After you’ve sent your funds to Binance, you can sell them for fiat currencies such as USD, AUD, GBP, EUR, NGN and more.

Lastly, you can withdraw the fiat currency to your bank account, and that can be done by going to the withdrawal page and selecting payment method.

The withdrawal process usually takes about 30 to 60 minutes to complete.

Trust wallet withdrawal

If you’re wondering how to withdraw from Trust wallet to bank account in Nigeria, then you should also follow this guide.

However, you should have it in mind that Binance is among the best P2P (Peer-to-Peer) exchanges, which you can use to make withdrawal in Nigeria.

Currently, the CBN (Central Bank of Nigeria) have placed ban on cryptocurrency transactions with the banks.

Meanwhile, try to also activate one of the best free crypto VPNs (Virtual Private Networks), so your transaction footprints will be hidden from certain eyes.