Cash out crypto from Phantom

To cash out crypto from Phantom to a bank account, send your tokens to an exchange, sell for fiat (like USD or EUR), then withdraw to your bank.

1. Choose an exchange that supports your token and region (for example, Coinbase, Binance, or Kraken).
2. In the exchange, copy the deposit address for the token you're sending.
3. Double-check the token and network match what you’re sending from Phantom. Sending on the wrong network can result in lost funds.
4. In Phantom, select Send, choose the token, then paste the exchange deposit address.
5. Make sure you have enough of the network’s native token (like SOL or ETH) to cover network fees.
6. After the funds arrive on the exchange, sell them for fiat.
7. Withdraw to your bank account using the exchange’s withdrawal options.

Exchange fees and processing times vary. Selling crypto may be taxable depending on where you live.

Supported exchanges

The table below lists a few common examples.

If you're sending CASH tokens, most exchanges don't support CASH on Solana. See Using CASH token on exchanges before sending.

For Cash account withdrawals, see Withdraw CASH from your Cash account.