More people globally are embracing cryptocurrencies for everyday usage. However, some individuals still struggle to access and utilize virtual currencies seamlessly. To help them, we discussed how to transfer Bitcoin to a bank account and mentioned some methods that facilitate this process. That article listed off-ramp crypto wallets that allow transfer to a bank account as one method.
As a sequel to that post, here is a list of crypto wallets that allow transfer to a bank account. These blockchain wallets have been chosen based on speed, security, fees, and convenience. Before listing these wallets, here is a brief overview of selecting a wallet for crypto withdrawal into a bank account.
When selecting a crypto wallet that supports bank withdrawals, several key factors determine whether you’ll enjoy smooth transactions or face unexpected hurdles. Below, we break down the most important considerations to help you make the right choice.
For traders, quick withdrawals mean locking in profits before market fluctuations. Long-term investors need reliable cash-out options during price dips or when rebalancing portfolios. Businesses that accept crypto payments depend on smooth bank transfers for payroll and expenses. A wallet that offers fast, low-cost, and secure withdrawals ensures you stay in control of your finances without unnecessary delays or fees.
When you need to convert your cryptocurrency to fiat currency and withdraw to your bank account, these ten wallets offer reliable solutions with varying features to suit different needs.
It stands out as the best option for beginners, supporting major cryptocurrencies like BTC, ETH, and LTC along with over 100 others. With withdrawal limits up to $25K per day for U.S. users (and higher limits for verified accounts), Coinbase processes transfers in 1-3 business days, or instantly for debit card withdrawals. While it charges a 1.49% fee for bank transfers (with ACH being free), its user-friendly interface and FDIC-insured USD balances make it particularly appealing for those new to crypto.
For traders prioritizing low fees and high limits, Binance emerges as a top choice, supporting an impressive 350+ cryptocurrencies including BTC, BNB, and ETH. The platform accommodates withdrawals up to $2M daily for VIP users, with processing typically completed within 1-2 days (even faster for SEPA transfers in Europe). With fees ranging from 0.8% to 1.2% (and the first withdrawal each month being free), plus support for 60+ fiat currencies, Binance offers exceptional value for active traders.
Security-focused users will appreciate Kraken, which supports 90+ cryptocurrencies, including BTC, ETH, and XRP. The platform implements tier-based verification with daily withdrawal limits reaching 500K, processing transfers in 1−5 days (instant for wires). While Kraken charges a 0.5 500K, processing transfers in 1−5 days (instant for wires). While Kraken charges a 054-$35 for bank withdrawals, its robust security measures and global accessibility make it ideal for high-volume traders who prioritize safety.
This platform shines as the most regulation-compliant option, supporting 70+ cryptocurrencies with daily withdrawal limits of 100K forACHand100KforACHand500K for wire transfers. The NYDFS-regulated platform processes withdrawals in 1-3 days and offers 10 free withdrawals monthly, with fees otherwise ranging from 0.4% to 1.49%. Its insured hot wallet and strong compliance framework make Gemini particularly appealing for institutional and security-conscious users.
Developed by Tectum, this PayFi solution revolutionizes crypto transfers with its zero-fee and digital wallet for crypto assets. It supports more than 30 cryptocurrencies, including BTC, ETH, USDT, USDC, and many more. Users are spoilt for options, and can withdraw their Bitcoin directly into a bank account via 20 different fiat currencies. It has one of the cheapest commissions (0.9%) and no hidden charges or extra fees. Users can see the current exchange rate and how much they will receive after the swap.
It specializes in instant spending solutions, supporting 15+ major cryptocurrencies including BTC, ETH, and DOGE. With $25K daily withdrawal limits, BitPay processes bank transfers in 1-2 days or offers instant access through its BitPay Card. While charging a 1% fee plus network costs for standard transfers (with no fees for card usage), BitPay excels at converting crypto to spendable fiat quickly and easily.
Crypto.com supports 250+ cryptocurrencies with daily withdrawal limits up to $100,000 (higher tiers available). Bank transfers take 1-3 days, and fees vary by method (free for ACH in the U.S.). Its Visa card offers instant spending, and the platform provides competitive staking rewards, appealing to both traders and long-term holders.
This social trading platform supports 30+ cryptocurrencies, including BTC and ETH. Withdrawal limits depend on account tier (up to $10,000 daily for Platinum+ users), and transfers take 1-3 business days. While it charges a 1% conversion fee, its copy-trading features and user-friendly interface make it great for beginners.
Uphold supports 200+ assets, including BTC, ETH, and XRP, with instant withdrawals to bank accounts (1-3 days for ACH). Fees are transparent (0.8%-1.2%), and its “Anything-to-Anything” trading allows direct crypto-to-fiat conversions. Its simplicity and multi-asset support cater to both new and experienced users.
Nexo offers instant crypto-backed loans and bank withdrawals, supporting 40+ cryptocurrencies. Withdrawal limits vary by loyalty tier (up to $500,000 daily for Platinum users), and transfers are usually instant. While it charges small fees for exchanges, its interest-earning accounts and low-cost credit lines make it ideal for passive income seekers.
Each of these crypto wallets that allow transfer to a bank account offers distinct advantages depending on your priorities – whether that’s user-friendliness, low fees, security, compliance, spending flexibility, or instant feeless transactions. Always verify specific terms for your region, as availability and conditions may vary.
For those seeking the most cutting-edge solution, Tectum SoftNote’s revolutionary technology provides unmatched speed and cost benefits that traditional options can’t match.
Here is a step-by-step guide on how to transfer funds from your crypto wallet to a bank account
That said, it is essential to avoid these mistakes when transferring crypto from your blockchain wallet to a bank account:
| Platform | Withdrawal Fee (Bank Transfer) | Processing Time | Minimum Withdrawal |
| Coinbase | 1.49% (or flat $0.15–$25) | 1-3 business days | $1 |
| Binance | Free (1 free withdrawal/month) or 0.8% | Instant–24 hours | $10 |
| Kraken | $0.25–$5 (varies by currency) | 1-5 business days | $1 |
| Gemini | Free (up to 10 withdrawals/month) | Same-day (ACH) | $0 |
| Blockchain.com | 1% (min. $10) | 1-3 business days | $10 |
Most wallets impose daily/weekly limits based on verification level ($5K–$100K/day for Tier 3 KYC). Regional restrictions apply—some platforms exclude certain countries (e.g., Binance isn’t available in some U.S. states). Banks may add extra charges for international transfers, so always confirm fees with both your wallet provider and bank beforehand.
Always enable two-factor authentication (2FA) for an extra security layer when linking your crypto wallet to bank account. Verify bank connections through official apps only, and beware of phishing emails pretending to be from wallet providers. These scams often try to steal login credentials by mimicking legitimate services. Keeping your wallet software updated also patches potential vulnerabilities that hackers might exploit.
Opt for regulated wallets when transferring to bank accounts, as they comply with financial laws and offer fraud protection. These wallets typically require KYC verification, which adds accountability. While decentralized wallets offer more privacy, regulated ones provide better recourse if transactions go wrong. Always check a wallet’s security certifications before connecting it to your bank details.
When your wallet lacks direct bank transfer options, peer-to-peer (P2P) platforms offer a reliable alternative. These marketplaces connect buyers and sellers directly, often supporting multiple payment methods. Just ensure you use escrow services and check trader ratings before completing transactions. Some P2P platforms even facilitate transfers from your crypto wallet to bank account through verified merchants.
For quicker access to funds, consider converting crypto to PayPal balances or prepaid cards. Many exchanges support these withdrawal options without needing direct bank integration. While fees may be higher than traditional transfers, these methods provide immediate liquidity. Some services even offer crypto debit cards that spend directly from your wallet balance, effectively bridging the gap between crypto and traditional banking systems.
