What are the steps to convert cryptocurrency in Metamask to cash in a bank account?

1 answers

• Dec 18, 2021 · 3 years ago
  Converting cryptocurrency in Metamask to cash in a bank account can be done in a few simple steps: 1. Open your Metamask wallet and ensure that you have the cryptocurrency you want to convert. 2. Find a reputable cryptocurrency exchange that supports fiat withdrawals. 3. Create an account on the exchange and complete the necessary verification process. 4. Once your account is set up, navigate to the deposit section and find the deposit address for the cryptocurrency you want to convert. 5. Copy the deposit address and go back to your Metamask wallet. 6. In your Metamask wallet, select the cryptocurrency you want to convert and click on the 'Send' option. 7. Paste the deposit address from the exchange into the recipient address field in Metamask. 8. Enter the amount of cryptocurrency you want to convert and review the transaction details. 9. Confirm the transaction and wait for it to be processed. 10. Once the transaction is confirmed, go back to the cryptocurrency exchange and navigate to the withdrawal section. 11. Select the option to withdraw funds to your bank account. 12. Provide your bank account details and the amount you want to withdraw. 13. Review the withdrawal details and confirm the transaction. 14. Wait for the withdrawal to be processed. The funds will be transferred to your bank account. Remember to choose a reputable exchange and double-check all the details before making any transactions.
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