How to Withdraw Crypto to Bank Account from Tangem Wallet

Kraken WalletsKraken Wallets
3 min read

Are you wondering how to withdraw crypto to your bank account from Tangem Wallet? You're not alone. With the rise in popularity of cold wallets like Tangem, many users want a secure yet simple way to convert crypto to fiat and get it into their bank accounts.

In this guide, we’ll walk you through the exact steps to make that happen — safely, efficiently, and with minimal fees.

What Is Tangem Wallet?

Tangem Wallet is a hardware wallet that looks like a credit card and lets you securely store, send, and receive cryptocurrencies. It’s designed for maximum security and portability, using NFC technology and a mobile app to manage your crypto.

But here’s the thing: while Tangem Wallet can store your crypto, it doesn’t directly support bank withdrawals. So to move funds to your bank account, you’ll need to use an exchange as a bridge.

Can You Withdraw to a Bank Account Directly from Tangem?

No, you cannot directly withdraw crypto to a bank account from Tangem Wallet.
Tangem is a cold storage solution, not a trading platform or payment processor. To turn your crypto into fiat currency like USD, EUR, or GBP, you’ll need to transfer it to a centralized crypto exchange like:

  • Coinbase

  • Binance

  • Kraken

  • Bitstamp

  • Crypto com

From there, you can withdraw to your linked bank account.

Step-by-Step: How to Withdraw Crypto to Bank Account from Tangem Wallet

Step 1: Choose a Trusted Exchange

If you don’t already have an account, sign up with a reputable exchange that supports:

  • Your country

  • Your crypto token

  • Fiat withdrawals to your bank

Example: If you hold USDC or ETH in Tangem, Coinbase is a good option.

Step 2: Verify Your Identity

Most regulated exchanges require KYC (Know Your Customer) verification. Be prepared to:

  • Upload a government-issued ID

  • Take a selfie

  • Link your bank account

This is essential for fiat withdrawals.

Step 3: Send Crypto from Tangem to Exchange Wallet

Open the Tangem app, and do the following:

  1. Tap the asset (e.g., BTC, ETH).

  2. Choose Send.

  3. Copy your wallet address from the exchange.

  4. Paste the address in Tangem and send the funds.

Double-check the wallet address and blockchain (e.g., Ethereum vs. BNB Chain) to avoid permanent loss of funds.

Step 4: Sell Crypto for Fiat Currency

Once your crypto arrives on the exchange:

  • Navigate to Trade or Sell

  • Select your crypto (e.g., ETH → USD)

  • Confirm the transaction

The funds will now appear in your fiat wallet balance on the exchange.

Step 5: Withdraw to Your Bank Account

Last step! Go to your exchange's Withdraw or Transfer to Bank section:

  • Enter the amount to withdraw

  • Select your bank account

  • Confirm and wait (processing can take 1–3 business days)

Tip: Be mindful of withdrawal fees and minimum limits.

Also Read:

  1. How to Withdraw Tangem Wallet to Bank Account?

  2. Can I Sell Crypto on Tangem Wallet?

SEO FAQs

  1. Is Tangem Wallet connected to any exchange?

    No. Tangem is non-custodial and fully offline. You control your private keys and crypto.

  2. Can I use Tangem to buy crypto with a bank account?

    Not directly. You’d use an exchange to buy crypto, then transfer it to Tangem for safe storage.

  3. Are there fees for withdrawing from Tangem?

    Tangem itself doesn’t charge fees, but network (gas) fees apply when sending crypto to an exchange.

Final Thoughts

Withdrawing crypto from Tangem Wallet to your bank account is completely doable—you just need a middleman exchange to convert your crypto to cash. Think of Tangem as your vault, and the exchange as your payment gateway.

By following the steps in this guide, you can securely move your crypto assets to your bank with confidence.

Have questions or need help with your Tangem wallet setup? Drop a comment below or check out our other crypto wallet guides!

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