MetaMask is an excellent Ethereum-based wallet that can help you execute a number of transactions.
MetaMask is a central Ethereum wallet with many advantages. But do you know any methods to withdraw from MetaMask and transfer to a bank account?
The extension of the MetaMask NFT service has also helped the portfolio gain further momentum by allowing users to send and store NFT.
Soon the wallet will also launch a MetaMask and DAO token, in an effort to further expand its suite of services.
In addition, the wallet plays an instrumental role in facilitating cross-transfers of cryptocurrencies between different blockchains including polygonal MetaMask and Uniswap MetaMask.
Let’s take a look at how users can withdraw from MetaMask to a bank account?
How to withdraw from MetaMask and transfer to bank account
To withdraw funds from MetaMask and send them to a bank account, a user must:
- First, send funds from MetaMask to a crypto exchange like Binance or Coinbase.
- Sell your crypto funds in exchange for some fiat currencies such as USD or EUR.
- Once you receive your fiat money, you can transfer this money directly to your bank account linked to your Binance.
How to withdraw from MetaMask for PayPal
To withdraw funds from MetaMask to Pay Pal, a user must:
- First send crypto funds to a crypto exchange like Binance or Coinbase
- Click on the settings option
- Select the Add payment method option
- Enter your account credentials PayPal
- Click the linked PayPal account
- Click the arrow that appears in front of the asset category and select the cryptocurrency you want to withdraw
- Copy the displayed ethereum address
- Open your MetaMask wallet and paste that address
- Select Confirm (to send your funds)
- Refresh your exchange page and check out the Ethereum/funds there.
- Click on the sell option and enter the amount you want to sell
- Select the account where you want to withdraw money. In this case, select PayPal
- Review all the details before pressing the submit button.
- Log in to PayPal and check the amount you received through your exchange.
