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.
Before you send
You need a small amount of the network's native token (such as SOL on Solana or ETH on Ethereum) to cover network fees. See About gas (network fees) for more information.
Cash out
- Choose an exchange that supports your token and region (for example, Coinbase, Binance, or Kraken).
- In the exchange, copy the deposit address for the token you're sending.
- Double-check the token and network match what you’re sending from Phantom. Sending on the wrong network can result in lost funds.
- In Phantom, select Send, choose the token, then paste the exchange deposit address.
- After the funds arrive on the exchange, sell them for fiat.
- 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.
| US exchanges | Global exchanges |
|---|---|
| Binance.us | Binance |
| Coinbase | Bitfinex |
| Gate.com (US) | Gate.com |
| Kraken | HTX |
| Ramp Network | OKX |
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.