Yes…What’s the turning point associated with the concept to withdraw money from MetaMask is that users cannot directly cash out their funds, rather, they need to first get those funds transferred to the crypto exchange, and from there they can get the trade funds deposited into their bank account. This means that the crypto funds can’t be directly moved into the bank account of the users.
Thus, we are here to mention the outlined steps that users need to follow for transferring their funds to a crypto exchange.
Transferring the crypto from MetaMask to Binance
The very first action that users need to take here is that they have to move the crypto they wish to withdraw to Binance. Check the below-listed steps to learn the process of transferring the crypto:
- Unlock your MetaMask wallet
- Move ahead to choose the cryptocurrency for withdrawal
- Tap on “Send” and in the provided blank enter the deposit address of Binance
- Review and finalize the transaction
- Hold for a couple of minutes to get the crypto transferred to your Binance account
After a few minutes, check your Binance account to know if the funds have been successfully credited to Binance.
Selling the received crypto on Binance
Now comes the second part of withdraw money from MetaMask process. Here, the users need to sell their crypto for fiat currency. Selling crypto on Binance involves the following:
- Get into your Binance account after completing the login steps
- Move towards the “Trade” head and then click on “Binance Convert”
- Select the crypto that you are about to sell
- Choose the fiat that you want to receive
- Tap on “Preview Conversion”> “Convert”
Adding a payment method
- While staying in Binance, move ahead to look for “Wallet”
- Hit on “Fiat and Spot”
- Tap on “Withdraw”> “Withdraw Fiat”
- A new tab will open up, hit on “Continue”
- Add the card details of the bank account in which you want the funds to be transferred
- After reviewing the entered card details, proceed next to complete the withdrawal process
The Final Cut
Thus, the above-listed steps showcase an idea of how you can withdraw money from MetaMask. The covered read clearly states that users cannot directly cash out their funds from MetaMask and get the same deposited into their bank account. Instead of this, they will have to first transfer their funds to a crypto platform, and from there, they have to take the initiative to sell the received funds and generate the cash out of them.
