To sell crypto you hold in Phantom for your local currency, such as USD or EUR, send your tokens to an exchange and sell them there. Then withdraw the money to your linked bank account, or use another withdrawal method that the exchange supports.

What you need #

• An account on an exchange that supports bank withdrawals in your region.
• A bank account linked to the exchange.
• Enough of the network's native token, such as SOL on Solana or ETH on Ethereum, to cover network fees. See Understanding network fees.

Before sending, make sure the exchange supports both the token and the network you plan to use. Sending an unsupported token or using the wrong network can result in lost funds.

If you’re selling CASH #

Don't send funds to an exchange directly from your Cash account. Only some exchanges support CASH, the token your Cash account holds. If the exchange doesn't support CASH, you'll lose your funds.

To be safe, swap CASH for SOL or another well-known token in Phantom, then send that token to the exchange.

Step 1: Get your exchange deposit address #

1. Open your exchange account.
2. Select the deposit or receive option for the token you want to send.
3. Choose the same network you’ll use to send the token from Phantom.
4. Copy the deposit address. If the exchange requires a memo or tag, copy that too.

Step 2: Send tokens from Phantom #

1. In Phantom, select Send and choose the token you want to send.
2. Paste the exchange's deposit address.
3. Enter the amount you want to send.
4. Check that the address, token, and network match the exchange's deposit instructions. If you haven't sent tokens to this address before, Phantom may show a warning.
5. Review the details.
6. Confirm the transaction.

Step 3: Sell your tokens and withdraw to your bank account #

1. Wait for the tokens to arrive in your exchange account.
2. Sell it for your local currency.
3. Withdraw the money to your linked bank account.

Fees, processing times, and supported currencies vary by exchange. Selling crypto may also have tax implications, depending on where you live.

Exchange options #

Availability, supported tokens, and bank withdrawal options vary by location. Check each provider's requirements before sending funds.