The basic path: Trust Wallet to exchange to bank
To get money from Trust Wallet into your bank account, you need to sell your cryptocurrency on an exchange first, then withdraw the dollars (or your local currency) to your bank. Trust Wallet itself does not connect directly to banks. You sell crypto for cash on a platform like Coinbase, Kraken, or Binance, wait for the sale to settle, then request a bank transfer.
The timeline matters: selling takes minutes, but the bank transfer itself usually takes one to three business days depending on your bank and the exchange. Some exchanges hold new accounts for longer — up to five to seven business days on your first withdrawal. Plan accordingly if you need the money by a specific date.
You will need your bank's routing number and your account number to complete the withdrawal. Have those ready before you start. You will also need to verify your identity with the exchange — they will ask for a photo ID and sometimes proof of address.
Key Takeaways
- Trust Wallet does not send money directly to banks; you must sell your crypto on an exchange first, then withdraw the resulting cash to your bank account.
- Bank transfers from exchanges typically take one to three business days, but new accounts may face longer holds on the first withdrawal.
- You will need your bank's routing number and account number, plus a photo ID to verify your identity with the exchange.
- The exchange charges a fee to withdraw to your bank — usually between $0 and $10 depending on the platform and your account status.
- If your bank rejects the transfer, contact the exchange support team with your transaction ID; reversals usually take three to five business days.
Step-by-step: Sending crypto from Trust Wallet to an exchange
Open Trust Wallet and find the cryptocurrency you want to sell. Tap the send button (usually an arrow pointing out). The app will ask for a receiving address — this is where you paste the deposit address from your exchange account.
Log into your exchange account on a computer or phone. Go to the deposit or receive section and select the same cryptocurrency you are sending from Trust Wallet. The exchange will show you a wallet address — copy this address exactly. Paste it into Trust Wallet's send field. Double-check it character by character; if even one letter is wrong, your crypto goes to the wrong wallet and you cannot recover it.
Enter the amount you want to send. Trust Wallet will show you the network fee (the cost to process the transaction on the blockchain). This fee varies by network — Bitcoin costs more than Ethereum, which costs more than Polygon. Accept the fee and confirm the send. The transaction will appear as pending in Trust Wallet within seconds.
The crypto will arrive in your exchange account within minutes to an hour, depending on the network. Once it shows up in your exchange wallet, you are ready to sell.
Selling your crypto and requesting a bank withdrawal
On your exchange, find the trade or sell section. Select the cryptocurrency you just received and choose to sell it for your local currency (USD, EUR, GBP, etc.). The exchange will show you the current price and calculate how much cash you will receive. Review the fee — most exchanges charge between 0.1% and 0.5% of the sale amount. Confirm the sale.
The sale settles immediately on most exchanges, and your cash balance updates right away. Now you are ready to withdraw to your bank. Go to the withdraw or send money section of the exchange. Select bank transfer or ACH (in the US) as your withdrawal method.
Enter your bank account number and routing number. The exchange will ask you to confirm these details — enter them again to make sure they match. Some exchanges require you to verify a small deposit first: they send $0.01 to your bank, and you have to confirm the amount in your bank statement before they allow larger withdrawals. This can add one to two business days.
Enter the amount you want to withdraw. The exchange will deduct its withdrawal fee (usually $0 to $10) and show you the net amount that will arrive in your bank. Confirm the withdrawal request.
What happens while you wait for the money
After you request the withdrawal, the exchange sends your money through the ACH network (in the US) or the equivalent system in your country. This is the same network that processes payroll and bill payments. The exchange typically processes your request within one business day, but the actual bank transfer takes one to three business days depending on your bank's processing speed.
You can check the status in your exchange account — most platforms show whether the withdrawal is pending, processing, or complete. Your bank will also show the incoming transfer as pending until it settles. Do not assume the money is lost if it does not arrive on the first business day; ACH transfers routinely take the full three days.
If you requested the withdrawal on a Friday evening, it may not process until Monday, which means the money could arrive as late as Wednesday or Thursday. Plan ahead if you need the funds by a specific date.
Fees you will pay at each step
Trust Wallet charges a network fee to send crypto to the exchange. This is not a Trust Wallet fee — it is the cost to process the transaction on the blockchain itself. The amount depends on which blockchain you use: sending Bitcoin costs more than sending Ethereum or Polygon. You see this fee before you confirm the send, so you know the exact amount.
The exchange charges a trading fee when you sell your crypto. This is usually 0.1% to 0.5% of the sale amount, though some exchanges offer lower rates for high-volume traders or account holders who pay a monthly fee. Check your exchange's fee schedule before you sell.
The exchange also charges a withdrawal fee to send money to your bank. This is typically $0 to $10 and is deducted from the amount you withdraw. Some exchanges waive this fee for accounts that meet certain requirements (like holding a certain balance or completing a certain number of trades per month). The exchange shows you the fee before you confirm the withdrawal.
Your bank may also charge a fee to receive an ACH transfer, though most banks do not. Check your account terms or call your bank if you are unsure.
What to do if the transfer fails or takes too long
If your bank rejects the transfer, the money returns to your exchange account within three to five business days. This usually happens because the account number or routing number was entered incorrectly, or because your bank flagged the transfer as suspicious. Check your bank account for a rejection notice or call your bank to ask why the transfer was declined.
Once you know the reason, log back into your exchange and request the withdrawal again with the correct information. If your bank flagged it as suspicious, call your bank before retrying and tell them to expect the transfer — this reduces the chance of a second rejection.
If the money does not arrive after five business days, contact your exchange's support team. Have your transaction ID ready (the exchange shows this in your withdrawal history). Support can check whether the transfer was sent and, if it was, can contact your bank to trace it. Do not assume the money is lost; ACH transfers can take longer than expected, especially during holidays or when your bank is processing a high volume of transfers.
Choosing an exchange if you do not have one yet
Coinbase, Kraken, and Binance are the largest exchanges and all support bank withdrawals in most countries. Coinbase is the most beginner-friendly and has the slowest processing times (five to seven business days for new accounts). Kraken is faster and has lower fees. Binance has the lowest fees but is not available to all users depending on your country and state.
Smaller exchanges like Gemini, Kraken, and Crypto.com also work, but check whether they support bank withdrawals in your country before you create an account. Some exchanges only support wire transfers, which cost more and take longer than ACH.
All exchanges require identity verification before you can withdraw. This means a photo ID and sometimes proof of address (a utility bill or bank statement). The verification process usually takes a few hours to a day, but can take longer if the exchange's verification team is busy.
Frequently Asked Questions
Can I send money directly from Trust Wallet to my bank?
No. Trust Wallet is a cryptocurrency wallet, not a bank account. It holds only crypto, not dollars or other currencies. You must sell your crypto on an exchange first, then withdraw the cash to your bank.
How long does the whole process take from Trust Wallet to my bank account?
The fastest timeline is about two to four business days: sending crypto to the exchange takes minutes to an hour, selling takes seconds, and the bank transfer takes one to three business days. New accounts may face longer holds on the first withdrawal, pushing the total to five to seven business days.
What if I enter the wrong bank account number?
The transfer will be rejected and the money will return to your exchange account within three to five business days. You can then request the withdrawal again with the correct account number. The exchange will not send money to an account that does not match the name on your verified identity.
Do I have to pay taxes on the money I withdraw?
Yes. When you sell cryptocurrency, you owe capital gains tax on the profit (the difference between what you paid for the crypto and what you sold it for). This is a tax obligation, not a fee charged by the exchange. Keep records of your purchase price and sale price so you can report it correctly to your tax authority.
Can I withdraw to someone else's bank account?
No. Exchanges require the bank account name to match the name on your verified identity. You cannot withdraw to another person's account. If you want to send money to someone else, withdraw to your own bank account first, then transfer it to them through your bank.