Hey what's up everybody! In this
video, I will be walking you through how to withdraw money from the
Trust Wallet, including how to withdraw money to your bank account.
So, let's go ahead and get started. All right, so to get started withdrawing money
from the trust wallet, go ahead and open the trust wallet. Once you have accessed your wallet,
you will select the send button located next to receive and buy. And so now on this screen,
select the crypto you would like to withdraw. You have the ability to send any crypto that
you like, although if you are wanting to withdraw from the trust wallet to your bank account for
example you will need to send a cryptocurrency that is widely supported on exchanges such
as bitcoin, ethereum, or binance coin.
If you are just wanting to withdraw crypto from the
trust wallet to another wallet or exchange, the process is exactly the same as well. So first
off, for those located outside of the united states looking to withdraw money from the trust wallet,
I recommend withdrawing to the binance exchange, which is one of my favorite exchanges and it is
the largest cryptocurrency exchange in the world. If you don't already have an account to
binance, I have the link to the binance exchange in the video description below. And if
you use that link, it helps support my youtube channel and would be greatly appreciated. And of
course for my viewers in the united states, you can all you can instead withdraw money from
the trust wallet to the binance.us exchange. Another option is coinbase as well and i'll
have links to those in the video description and again those links to binance and the coinbase
really helped support my youtube channel and would be greatly appreciated.
So binance supports over
500 cryptocurrencies and so chances are is that they they do have support for the crypto you're
trying to withdraw. You can see I have safe moons, ethereum, bnb, smart chain and so on. Although, if
the exchange doesn't support the crypto you know like safe moon or elongate or a similar kind of
low market cap coin, you will need to first swap those coins first for binance coin using pancake
swap or uni swap.
And then you will be sending binance coin to the binance exchange. And another
example is if you have another lesser known token on the ethereum network you know such as shiba or
you know another ethereum based token, you'll need to swap your coin for ethereum. And you can see I
have an ethereum balance of 88 here uh 88 dollars as well as a bnb balance of about 27. So you'll
see why in just a moment. For this quick tutorial we will send binance coin to the binance.us
exchange because i'm located in the united states, but again, this process is exactly the same for any
exchange or wallet that you prefer to withdraw to. Same for coinbase or if you want to withdraw to a
hardware wallet, you know whatever your preferred destination is. So go ahead and select the crypto
you would like to withdraw. I've selected bnb. And in the recipient address here, this is
your deposit address on the exchange you are withdrawing to.
So I'm just going to go back to the
binance.us exchange to locate my wallet there. So I've clicked binance.us and I see here there's
a wallet icon in the binance app, so I'm going to click that. And because I am withdrawing bnb
from the trust wallet, I will be clicking the bnb wallet, but if you were to be sending ethereum
or bitcoin or dogecoin or any other crypto, then I would select that. But I'm going to click bnb
and this is what we are after here is the deposit button or the deposit wallet address.
And it's the
same for every exchange and I am okay I will need to send a memo along with my token along, with
the deposit address. That is fine, so I clicked ok. And what I'm doing here is I'm copying the wallet
address. And now I'm going to go back to the trust wallet. And I'm going to enter this
in here or just paste it and I want to send all of my bnb let's say and then the memo I
just need to go back to binance and copy this memo address here.
This may be unique to um oops
okay okay memo and then uh do you guys remember my wallet address here. I'm just gonna do this
on the side uh apologies I will edit this out and back to trust wallet okay i've clicked bnb.
And now in the recipient address this is that uh deposit wallet address and then the memo line
I have that copied here on the side.
You would just want to select that there and then enter in the
amount of bnb that you'd like to send. I'm just going to send the max amount. And then we
are all set. We're going to click continue and confirm that the information looks good. And then
now that everything looks for you there's going to be a really small network fee to process the
transaction. And we're going to go ahead and click send. And for other cryptocurrencies like bitcoin,
it will take longer for the network to process the transaction. And so you can see here that today
I have sent my bnb to this deposit address on binance.us and so now I will just be patiently
waiting for my bnb to hit my binance.us wallet address. And you can see here it already says bnb
deposit you see that orange circle there it says it is pending and awaiting verification. And so
from here once you have your uh your bnb showing as deposited and available and there we go it just
went through uh so now you can you know withdraw money to your bank account.
At least on the bnb app
you will need to first convert it to the us dollar or whatever your respective government currency is
based on where you are in the world. And then you will just click withdraw. And then from there, you
will just enter in your bank account details and you are all set. So just to quickly summarize
you will open the trust wallet and select send. You will select the cryptocurrency you want
to withdraw such as bitcoin, ethereum, binance coin, and so on. You will enter in the recipient address,
which is really your deposit wallet address on the exchange or the wallet that you're trying to
send this crypto to.
And then it will take a few moments for the network to process the transaction
and send your crypto across the network. And then you are done you have successfully withdrawn
money from the trust wallet and you can sell the crypto for fiat such as the us dollar and
transfer to your bank account. And that's it! I hope you found this video useful and now you know
how to withdraw money from the trust wallet. If you have any questions at all, I'm extremely active
in my comments and more than happy to help you out. And finally if you liked this video, make sure
you give it a thumbs up. And if you really liked it, make sure you click subscribe. Best of luck to
all of you moving forward and thanks for watching!.