Best Way to Convert ETH to Bank Transfer

Question

I want to sell some ETH and withdraw money directly to my bank card. What is the best option for doing this securely and without losing too much on commissions? Recommendations appreciated.

Answer 1

To convert and transfer Ethereum (ETH) to your bank account, you must first sell your ETH for fiat currency (like USD or EUR) on a crypto exchange or through a crypto wallet service that offers direct conversions to bank accounts, then initiate a withdrawal from your account to your linked bank account.

The process of converting and transferring ETH to Bank Transfer typically involves transferring ETH from your wallet to the exchange (if not already there), selling it for cash, and then withdrawing that cash to your bank.

Transfer ETH to an Exchange or Service.

If your ETH is in a personal wallet, send it to a cryptocurrency exchange account (like Coinbase, Binance, Kraken) or a service that facilitates direct conversions (like Transak, MoonPay, or BitPay).
 
Sell ETH for Fiat.

On the exchange or platform, sell your Ethereum for your preferred fiat currency (USD, EUR, etc.).
 
Initiate a Bank Withdrawal.

From the exchange or platform, select the fiat currency balance and initiate a withdrawal to your linked bank account.
 
Confirm and Wait.

Follow the instructions to confirm the withdrawal, and allow for the standard processing time (often 1-3 business days) for the funds to appear in your bank account.

Answer 2

Selling ETH to a bank card can be tricky because fees differ a lot. I usually check a few exchangers before making a move. Personally, I’ve found that https://www.trustchange.com/ helps because it compares exchangers and shows feedback from other users. This makes it easier to find one that’s both safe and has fair conditions. I never just go with the first option I see—comparing first has saved me money and stress.