As a new DeFi user, are you wondering how to transfer the funds in your Ethereum wallet to your bank or crypto exchange? This guide will walk you through this process.
Your Ethereum wallet is your gateway to DeFi and the world of web 3.0. It’s the equivalent of your personal bank account, except there is no bank. You are the bank.
While Ethereum wallets currently don't have the functionality to directly withdraw tokens & liquidity pools to your bank account, the Zerion team is working closely with leading fiat infrastructure providers to help take you from cash to crypto to the world of DeFi opportunities and back, in a flash.
1. Connect your Ethereum wallet to Zerion. Prefer to use DeFi in your pocket. Get our IOS or Android app.
2. Click on 'Send' and enter the recipient address of your Cryptocurrency exchange
Tip: Kindly double-check that the Recipient Address or ENS or Lens is correct. We recommend setting a 'Fast' gas fee to ensure the transaction immediately goes through.
3. Once the transaction has fulfilled on the Ethereum blockchain, you can access them via your cryptocurrency exchange of choice and withdraw to your bank account 🏦
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