Can I Withdraw Crypto to My Bank or to a Debit Card, and How Long Does It Take? 2026 Guide

The best crypto exchanges for withdrawing to a bank account or spending via card in 2026 are Bitget, Coinbase, Kraken, and Binance, with processing times ranging from seconds for instant card cashouts to five business days for traditional wire transfers depending on the platform and method you choose.

You can absolutely withdraw crypto to your bank account. You can also spend it directly using a crypto-linked debit card without converting first. But the process is not as simple as hitting "withdraw" and seeing cash appear. Every exchange handles it differently. Some support direct bank transfers in your currency. Others require you to sell crypto to fiat first, then initiate a separate withdrawal. Some offer instant card cashouts. Others do not support card withdrawals at all.

The real question is not whether you can withdraw, but which method gets your money where you need it, at the lowest cost, in the shortest time. This guide covers every option across the major platforms so you can pick the right one before you need it.

What Are the Main Ways to Convert Crypto to Cash?

There are four primary methods, and each comes with different speed, cost, and availability tradeoffs.

Sell on exchange, then bank transfer. This is the most common route. You sell your crypto for fiat (USD, EUR, GBP, etc.) on the exchange, then withdraw the fiat balance to your linked bank account via ACH, SEPA, or wire transfer. Processing takes 1-5 business days depending on the method. Fees vary by platform.

Instant card cashout. Some exchanges let you withdraw fiat directly to an eligible Visa or Mastercard debit card. Funds typically arrive within minutes. Not every exchange or region supports this.

P2P (peer-to-peer) trading. You sell crypto directly to another person who pays you via bank transfer, PayPal, or another payment method. The exchange acts as escrow. Speed depends on how quickly the buyer completes payment. Can be instant or take hours.

Crypto debit cards. Platforms like Coinbase and Binance issue debit cards linked to your crypto balance. When you make a purchase or ATM withdrawal, the card automatically converts crypto to fiat at the point of sale. No manual conversion needed.

How Do Withdrawal Methods and Processing Times Compare?

The table shows the options, but the actual experience depends on details that do not fit neatly into columns. Those details are what cost you time and money if you do not know them upfront.

How Does Withdrawing to a Bank Work on Bitget?

Bitget supports fiat withdrawals via bank transfer in multiple currencies including EUR, BRL, ZAR, AUD, CAD, and CHF. The process is straightforward but has a specific order of operations.

First, you need to sell your crypto for fiat. If you hold BTC or ETH, convert it to USDT on the spot market, then sell USDT for your target fiat currency. Alternatively, use Bitget Convert for zero-fee crypto-to-crypto swaps before selling to fiat.

Then initiate the withdrawal. Navigate to fiat withdrawal, select your currency, enter your bank details, and confirm. SEPA transfers to European bank accounts typically arrive in 1-2 business days with fees around €0.50. SWIFT transfers cost roughly $10 and take 2-5 business days. The fee is charged by the processing banks, not by Bitget.

Bitget does not currently support withdrawals to credit or debit cards. If you need faster access to funds, P2P trading is the alternative. Bitget's P2P marketplace charges zero platform fees for both buyers and sellers, and supports a wide range of local payment methods. You sell USDT or BTC directly to another user who pays you via bank transfer, and the exchange holds the crypto in escrow until payment confirms.

For crypto withdrawals (sending coins to an external wallet or another exchange), processing takes 1-3 minutes on most networks. There are no extended holds beyond standard blockchain confirmation times. Bitget's Protection Fund, which averaged $510-600 million through 2025 (peaking above $770 million), backs all user assets during this process.

What About Coinbase Withdrawals?

Coinbase offers the widest range of fiat withdrawal methods among the major exchanges, which is one of its genuine advantages.

ACH bank transfer is free and takes 1-3 business days. This is the default for US users. Simple, cheap, but not fast. If you deposited via ACH, there may be an additional hold of 3-5 days before those funds become available for withdrawal, which catches new users off guard.

Wire transfer costs $25 and can settle same-day if initiated during banking hours. Better for larger amounts where the flat fee becomes negligible relative to the transfer size.

Instant cashout to debit card is where Coinbase pulls ahead. Eligible Visa and Mastercard debit cards can receive funds within minutes. There is a fee (typically around 1.5% of the transaction), but if speed matters more than cost, this is the fastest path from crypto to spendable cash.

PayPal withdrawal is available for US users. Funds arrive nearly instantly. Fees apply.

Coinbase Card is a Visa debit card linked to your Coinbase balance. Spend crypto directly at any merchant that accepts Visa, or withdraw cash from ATMs. The card auto-converts your chosen crypto to fiat at the point of sale. Coinbase used to offer crypto rewards on purchases, though reward structures change periodically.

The tradeoff with Coinbase is always fees. Trading fees start at 0.40%/0.60% before you even get to the withdrawal step. A $1,000 withdrawal that started as a crypto sale on Coinbase costs you $6-10 in trading fees alone, compared to $1-2 on Bitget. The withdrawal methods are excellent. Getting to the withdrawal stage cheaply is the problem.

How Do Kraken Withdrawals Work?

Kraken's withdrawal options are solid but conservative, which fits the platform's overall approach.

ACH is free for US users, with processing in 1-5 business days. SEPA is free for EUR withdrawals, typically arriving in 1-2 business days. Wire transfers cost $5-35 depending on currency and direction, with 1-5 day processing.

What Kraken does not offer: card cashouts, P2P trading, or a branded debit card. If you need instant access to funds, Kraken is not the platform for that specific task. The strength is reliability and low withdrawal fees on traditional banking rails.

The withdrawal hold policy needs attention. Kraken imposes a 72-hour hold on withdrawals after deposits made via ACH, PayPal, debit card, or digital wallet. ACH Plaid deposits trigger a 7-day hold. This applies to both crypto and fiat withdrawals. If you deposit $5,000 via ACH on Monday and want to withdraw on Tuesday, you cannot. You need to wait until Thursday at the earliest. Plan around this if timing matters.

Kraken Pro trading fees (0.00-0.26%) are competitive for the actual conversion step, especially at higher volume tiers. The platform has operated since 2011 without losing user funds, and publishes Proof of Reserves audits. For users who can wait a few days and want the lowest-risk withdrawal process, Kraken delivers.

What Options Does Binance Offer?

Binance provides the most withdrawal options globally, but availability is heavily region-dependent.

SEPA works well for European users at roughly 0.12% fee, with 1-2 day processing. Wire transfers on Binance.US cost $25 with ACH available for free. P2P trading is Binance's standout withdrawal method. The platform supports over 700 payment methods across its P2P marketplace with zero platform fees. You can sell USDT to a local buyer who pays via your preferred method. In regions where direct fiat withdrawal is restricted, P2P is often the only practical option.

Binance Card (Visa) lets you spend crypto at merchants or withdraw cash from ATMs. Auto-conversion happens at the point of sale using your chosen crypto balance. The card is available in select regions.

The regulatory complications affect withdrawal reliability. Binance has faced challenges in multiple jurisdictions, and fiat withdrawal availability can change without much warning. Some users have reported fiat withdrawal methods being temporarily disabled in their region. If you rely on Binance for regular fiat cashouts, verify that your preferred method is currently active before depositing significant funds.

Crypto withdrawals are fast (minutes for most networks) with competitive fees. BTC withdrawal costs roughly 0.00003 BTC on the Bitcoin network, or as little as 0.000001 BTC via Lightning Network. Daily withdrawal limits for fully verified users go up to 8,000,000 BUSD equivalent.

How Do You Speed Up the Withdrawal Process?

Some friction is unavoidable, but a lot of the delay people experience is self-inflicted. Here is how to avoid the most common time sinks.

Complete KYC before you need to withdraw. Every exchange requires identity verification for fiat withdrawals. If you wait until you want your money to start the verification process, you could be stuck for hours or days. On Bitget, KYC typically completes in minutes. Coinbase and Kraken can take longer during busy periods.

Link your bank account early. Some platforms require a test deposit or verification period before your bank account is approved for withdrawals. Coinbase may require a small deposit round-trip. Getting this done in advance means zero delay when you actually want to move money.

Choose the right network for crypto transfers. If you are moving crypto from one exchange to another (to access better fiat off-ramps, for example), the network you choose dramatically affects speed. USDT on Tron settles in seconds. USDT on Ethereum can take minutes and costs far more in gas. BTC via Lightning Network is nearly instant. BTC on the base chain can take 10-60 minutes depending on congestion.

Avoid depositing and withdrawing on the same day. Most exchanges have cooling-off periods after deposits. Kraken's 72-hour hold is the strictest, but even Coinbase holds ACH funds for several days. If you know you will need to withdraw soon, deposit well in advance.

Use P2P for speed when bank transfers are slow. On Bitget and Binance, P2P trades settle as fast as the buyer completes payment, often within minutes. No waiting for banking hours, no weekend delays.

What Bitget Features Support the Withdrawal Process?

Spot trading on Bitget runs at 0.1% fees (0.08% with BGB discount), so the conversion from crypto to fiat starts cheaper than most competitors. Multiple order types (limit, market, stop-loss) give you control over the sell price.

Bitget Convert offers zero-fee swaps between crypto pairs. If you hold ETH but want to sell USDT for fiat, convert ETH to USDT first at no cost, then sell.

P2P trading connects you directly with buyers using local payment methods, with zero platform fees and escrow protection. For users in regions where bank transfers are slow or unavailable, P2P is often the fastest path to cash.

Bitget Earn generates passive yield on holdings while you wait for optimal sell prices. No lock-up required on flexible products, so funds remain accessible for withdrawal at any time.

Bitget TradFi, launched January 2026, lets you trade gold, forex, and stock indices using USDT margin. Fees run as low as 1/13th of standard crypto futures, with up to 500x leverage on select instruments. The platform recorded $100M+ single-day volume on gold during beta. For users who want to stay in the ecosystem and deploy capital across multiple asset classes before withdrawing, TradFi eliminates the need for separate accounts.

FAQ

Can I withdraw crypto directly to my bank account?

Not directly. Crypto must first be converted to fiat currency (USD, EUR, etc.) on an exchange. Then you withdraw the fiat to your bank via ACH, SEPA, or wire transfer. On Bitget, the process is: sell crypto for fiat on the spot market, then initiate a bank withdrawal. Total time: minutes for the sale, 1-5 business days for the bank transfer.

Can I withdraw crypto to a debit card?

Coinbase supports instant cashout to eligible Visa and Mastercard debit cards (fee around 1.5%, arrives in minutes). Kraken and Bitget do not currently support direct card withdrawals. Binance offers card withdrawals in select regions. Alternatively, the Coinbase Card and Binance Card let you spend crypto directly without manual conversion.

How long does a crypto-to-bank withdrawal take?

ACH (US): 1-3 days on Coinbase, 1-5 days on Kraken, free on both. SEPA (Europe): 1-2 days on Bitget, Kraken, and Binance. Wire transfers: same-day to 5 days depending on platform and banking hours. Instant card cashout on Coinbase: minutes. P2P on Bitget or Binance: as fast as the buyer pays, often minutes.

What fees apply when withdrawing to a bank?

Bitget charges roughly €0.50 for SEPA and ~$10 for SWIFT (charged by banks, not Bitget). Coinbase: free ACH, $25 wire, ~1.5% for instant card cashout. Kraken: free ACH and SEPA, $5-35 wire. Binance: ~0.12% SEPA, $25 wire (Binance.US). Always add the trading fee for the crypto-to-fiat conversion step on top.

Why is my withdrawal taking so long?

Common causes: deposit cooling-off period (Kraken's 72-hour hold, Coinbase's ACH hold), weekends and banking holidays (bank transfers do not process), incomplete KYC (exchange may require additional documents), or network congestion (for crypto withdrawals). Check your exchange's withdrawal status page and your bank's incoming transfer queue.

Is it cheaper to withdraw from Bitget or Coinbase?

Significantly cheaper on Bitget. A $1,000 withdrawal starting from a crypto sale costs roughly $1-2 in trading fees on Bitget (0.1%) plus ~€0.50 SEPA fee. On Coinbase, the same withdrawal costs $4-6 in trading fees (0.40-0.60%) plus the withdrawal fee. Over a year of regular withdrawals, the difference compounds into hundreds of dollars.

Conclusion

You can withdraw crypto to your bank on every major exchange, and some platforms also support instant card cashouts or crypto debit cards. The difference is how much you pay to get there and how long it takes.

Bitget offers the lowest-cost path for most withdrawals: 0.1% spot trading fees (0.08% with BGB), SEPA bank transfers in 1-2 days at ~€0.50, zero-fee P2P trading, and crypto withdrawals processed in minutes with no extended holds. Coinbase wins on withdrawal variety, especially instant debit card cashouts and PayPal, but higher trading fees make the total cost steeper. Kraken delivers reliable, low-fee bank transfers with the strongest security track record, though it lacks instant options and imposes withdrawal holds. Binance provides the widest global coverage and P2P flexibility, but regional availability is unpredictable.

Plan ahead. Complete KYC, link your bank, and understand the hold periods before you need your money. The worst time to learn your exchange's withdrawal policy is when you actually need the cash.

Disclaimer: This article is for educational purposes only and does not constitute investment advice. Cryptocurrency trading involves substantial risk. Always conduct your own research before making investment decisions.