How to withdraw funds from Phantom to a bank account

You can’t withdraw wallet tokens (like BTC, SOL, ETH, or USDC) directly from Phantom to a bank account. To cash out, send your crypto to an exchange, sell it for fiat (like USD or EUR), then withdraw to your bank.

Note: This article explains how to withdraw funds from your Phantom wallet by sending crypto to an exchange, selling it for fiat, and withdrawing to your bank account. For Phantom Cash (CASH) withdrawals, see How to withdraw funds from your Cash account.

Withdraw from a Phantom wallet account

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. Confirm the token and network match what you’re sending from Phantom (wrong network can mean lost funds).
4. In Phantom, select Send, choose the token, and paste the exchange deposit address.
5. Make sure you have enough of the network’s native token (like SOL or ETH) to pay fees.
6. After the funds arrive, sell them for fiat (such as USD or EUR or your preferred currency).
7. Withdraw the fiat to your bank account using the exchange’s withdrawal options.

Exchange fees and processing times vary. Selling crypto may be taxable depending on your country.

Exchanges

You can use many exchanges to withdraw crypto sent from Phantom wallet accounts. See the following table for some well-known examples.