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How To Withdraw Metamask Crypto Into Your Bank Or Paypal Account (2024) Beginner Tutorial
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Oct 25, 2024
Learn how to convert and withdraw your cryptocurrency from Metamask to your bank account or PayPal in this beginner-friendly 2024 guide. This tutorial walks you through the entire process of moving your crypto assets from your Metamask wallet to fiat currency that you can use in everyday life. We'll cover the simplest and most cost-effective methods to cash out your crypto, including using popular exchanges and direct-to-bank options. Perfect for newcomers to crypto who want to access their funds without any confusion or costly mistakes.
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How to withdraw your Metamask crypto into your bank account or PayPal
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At this step-by-step tutorial, let's see how we can do this. Welcome to Techpress. My name is Steven
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I'm going to be showing you really quick how we can do this from Metamask into your bank account or into PayPal
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So as you can see, guys, we are now here into the Metamask.io. The very first thing that you want to do in order to receive your money is to first locate where do you have your money
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So what I want to do now is to go into the Metamask.io and hit into Download 4 and I have this actual option
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So I have this extension where what I want to do is to enable this one
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I want to add this into my browser. So now what I want to do is to choose this option where I can see all my extensions
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So what I want to do is to look for Metamasked and I want to enable this one so I can see this into the upper side
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So it says a lot access to search page results and all that. So I want to just open and you tapped
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Go for my extensions, choose Metamasked. Now, as you can see, I'm now inside my minimize account
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Now, the very first thing that I wanted to do is to locate the actual network
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Into the upper side, I do have Palligan, Ethereum, Binance, and much more
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So if you choose the actual option the best fits for you, in my case, as you can see, I have just a few dollars in here inside my finance account
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So what I want to do is to send this money away so I can receive this into my bank account
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There's a few ways that we can receive money if you are currently living
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into the United States and you are a citizen of the United States. It's going to be really
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really easy. So what you need to do is to go for PayPal, that me, and choose crypto. Now
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cryptos into PayPal are really supported only for the PayPal United States users. So what you want
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to do now is to go into your PayPal account, choose your option. It says received crypto. And here I want
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to go into my MetaMask account, choose Send. And here I want to import the, and put the
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actual address of my PayPal account. Since I am not a actual citizen of the US, I'm going to be
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using the next option that we have available. So which is actually finding decentralized application
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account helping us to receive our tokens and send that directly into our account. So whether you want
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to use Binance, whether you want to use Coinbase, or in my case, what I want to do is to look out
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for an app called Betso Now what I want to do now is to go into Betzo So here it a bit so i wanted to just make sure that this one is available for my country which in my case it is So I go into Bitso This method is going to be helping you in almost any decentralized app crypto finance
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service company. So the process is going to be exactly the same. So first of all, of course, in order to continue, locate the one that fits for you the best
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There is a few options that I can totally give you down below in the description. but what I want to do is to course use a new tabbed look out for a new crypto exchange
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type here into the upper side the country you're currently living and with what money you want to receive let's say for usd or you want to receive
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Mexican peso or you want to receive two key money or pounds that totally depends on you
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and we hit into the X marks going to be appearing a lot really a lot of training account
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so you can start totally for free and once again the process is going to be really
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really the same. So this process, I'm going to be doing that into Betzo, because Bitto is the only
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one I believe that can send money directly into my bank. So I'm going to go into start now
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You can even go into Betzo to figure out this one. It's available into your country. If it's not
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you're having to worry about that. You can go into Google and type this option to see which one
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fits for you the best. So let's go for creating an account here into Betzo. I'm going to go into
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the country of my residence. So this is going to be really, really easy to figure out, like if
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it's really or not worthy to use that. I have my email. I can create a confirmed a passcode
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I need to receive, accept the privacy policy, accept the terms and conditions, and hit in to continue
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So I can now start to sign it into my account. In my case, I'm going to be signed in because I really
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have an account. Now I'm inside my wallet at Beto. So how can we make this process really, really simple
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I'm going to be showing you like really, really easy how we can do this. First of all, we are very
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located with our money is right we have the network we have the wallet and we now have the other
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wallet we want to receive our money so we can send this directly into our account we can do this
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into a metamask but I'm pretty sure this one is not available for not citizens of the United
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State this is the actual world that we are living into so it's no big deal so first of all here is
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my token here's awesome USDC token so what I want to do is to hit into the option it says send
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And now it says send to search public address So this information we can receive that inside our cryptocurrency exchange app which in my case what I want to do is to look out for the currency that I wanted to receive
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Here is this search bar. Let's go for the USDC. And here is my USDC. So I choose the option and says
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the pass it instead of sent. They pass it. And now we want to use the network where we are available
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to receive the money. As you can see, we are. are only available to receive USD on Ethereum network
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So that means that's gonna be taking a few extra money for us
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If you don't want to pay a lot for that, what I can totally suggest to is to exchange dear money
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from one token into another one so you can receive that totally for free
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So in my case, this is some Binus Smart Chain. What I need to do is to use this into a Binus Exchange application
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but in my case, I don't wanna do that at the moment is what to see around with Ethereum. and here I have my actual DAI
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So I only have DAI. So let's go back and see if this DAI is available into my actual wallet
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So as you can see here is DAI. And I can choose to the passes
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I have my Ethereum network. Choose DAI. And this is the network in the user wallet
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And the fee is zero fee, thank God. So what I want to do is to copy this user wallet
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go back into my Metamask account. And here, once again, change from my network of the DAI that I want to receive, which is Ethereum
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I choose my token, the same token, really, really important, exactly the same stuff
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Hit in two cents. And here what I want to do is to choose the public address
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I copy this one and I paste that in here. So here, as you can see, here's the asset
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This is the amount. This is the gas. And this is the total
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So as you can see, it says you don't have enough DAI in your account to pay for
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a transaction fees. So if you want to say, let's say $20, $100,000, $1,000, you want to choose a little bit
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less than that in order to pay for the fees, in this case it's called the actual gas
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So we are actually not sending anything at all, but we have to pay $3
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So if I want to send all my actual balance, which is 1DAA, I'm going to go into the X
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mark which in my case it like almost I need to send almost to receive that here into my account So once I have now received more money here and I hit into send it going to be pinned here into my Betzo
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So I go back into my actual wallet and let's say that I have just received my money
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Now I'm going to scroll a little bit down. I'm going to be showing you something that I do have here into my Betzo
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which actually this one. And here's my actual USD price. Now, here's my balance when it's
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do now is to convert this token into the actual money, the currency that my banks allows in
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order to receive that into my bank account. So I can go into cent or go into buy or sell
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and instead of choosing the USD, I want to change my balance to Mexican peso because I'm actually
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currently in Mexico City. So that means that I'm going to be receiving Mexican peso. Or you can choose
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whatever other option, for example, you can receive Colombian peso and much more
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With that being said, I can hit into the X mark. I received the conversion and I go back into my wallet once again just to make sure that
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the conversion is now enabled into my actual wallet. So here's my Mexican peso and this is my currency
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This is my balance. So I have the show balance and here's going to be able here
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So not what I want to do now instead of buy or sell this
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I want to hit into the X mark and look out for cent
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Here into cent, there's actually, we can send this from one bit to transfer into another one
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into a bank account using a debit card, mobile number of this pay version
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You're going to be receiving the money in less than two minutes depending on where is the country currently living
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So as you can see, the fees they are being charged for is not to receive
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the money. It's to send from one network into another one. That's the reason why there's a lot of
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people who are using Binance Smart Chain, the Polygon, because both of them are strongly cheaped and
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really, really faster to use. So with that being said, guys, hopefully this was a very useful video
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for you and you can have your money saved and secure. So don't forget to like and subscribe to the
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channel if you want to see more amazing tools about how to receive, send money here into your wallet
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into your crypto wallet. So thank you so much for watching the video once again. And with that being
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hopefully i can see you on the next video
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