Withdraw money from your Phantom wallet to a bank account

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

Cash out from Phantom to a bank 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. 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 (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 where you live.

Exchanges

You can use many exchanges to cash out crypto sent from Phantom wallet accounts. The table below lists a few common examples.

About CASH and exchanges

Some exchanges support CASH on Solana, but most don't. Sending CASH to an unsupported exchange results in lost funds.

See Supported exchanges for Phantom Cash for compatibility and instructions.

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