How to Withdraw Money from Trust Wallet Without Binance

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Trust Wallet is a popular mobile cryptocurrency wallet that offers a secure and decentralized platform for managing digital assets. Owned by Binance, it supports various cryptocurrencies and decentralized applications (dApps). However, withdrawing funds directly to a bank account isn't possible—here’s a step-by-step guide to convert your crypto into fiat currency using an exchange like Kraken.

Steps to Withdraw Money from Trust Wallet

Step 1: Choose a Crypto Exchange

Select a reputable exchange that supports fiat withdrawals. Kraken is recommended for its global availability, security, and user-friendly interface.

👉 Explore Kraken’s features

Step 2: Sign Up and Verify Your Account

  1. Register on Kraken and complete identity verification (Intermediate level required).
  2. Submit necessary documents for approval (usually takes minutes to hours).

Step 3: Generate a Wallet Address in Kraken

  1. Navigate to Funding > Deposit and select your cryptocurrency (e.g., USDT).
  2. Choose the compatible network (ERC20, TRC20, etc.) and generate a deposit address.
  3. Copy the address or scan the QR code for Trust Wallet transfer.

Step 4: Transfer Crypto from Trust Wallet to Kraken

  1. Open Trust Wallet, select the crypto, and tap Send.
  2. Paste Kraken’s wallet address or scan the QR code.
  3. Enter the amount and confirm the transaction.

Step 5: Sell Crypto for Fiat Currency

  1. Wait for the transfer to complete (time varies by network congestion).
  2. In Kraken, go to Buy Crypto > Sell, select your crypto, and review the conversion rate.
  3. Confirm the sale to receive fiat (e.g., USD) in your Kraken balance.

Step 6: Withdraw to Your Bank Account

  1. Under Funding, select your fiat balance and click Withdraw.
  2. Link your bank account and initiate the transfer. Processing times range from instant to 5 business days.

FAQs

Can I withdraw directly from Trust Wallet to my bank?

No. Trust Wallet only handles cryptocurrencies. Use an exchange like Kraken to convert crypto to fiat and withdraw.

Why choose Kraken over Binance?

Kraken is accessible in regions where Binance is restricted (e.g., the U.S.) and offers robust fiat withdrawal options.

How long do withdrawals take?

Crypto transfers depend on network speed; fiat withdrawals vary by bank (minutes to days).

👉 Learn more about secure withdrawals

Disclaimer: This guide is for informational purposes only. Always research and comply with local regulations before trading cryptocurrencies.


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