00:00No custodial crypto wallet withdraws crypto directly to a bank account without first converting
00:05it to fiat, but several allow that conversion and payout in-app.
00:09Coinbase wallet lets users sell crypto and transfer fiat directly to a bank account,
00:15and Coinbase's own exchange app supports this widely across supported regions.
00:20Metamask lets users sell crypto directly to a debit-slash-credit card, PayPal, or bank
00:25account by connecting to third-party payout providers.
00:28Though it depends on the region and the aggregated provider used, Exodus allows users to sell
00:34crypto for fiat and withdraw funds to a bank account or Visa debit card, using MoonPay
00:39as the fiat off-ramp.
00:41By contrast, TrustWallet does not support direct bank withdrawals.
00:45It requires routing through a custodial exchange like Binance, Coinbase, or Kraken First.
00:51Uphold, Blockchain.com, and Paybus also offer bank payouts, but each ties this to KYC verification
00:58and asset tier restrictions.
01:00Traders Union Plus 4.
01:02Key Differences
01:03Speed varies from near-instant card payouts to 1-3 business days.
01:08ACH-slash-SIPA bank transfers.
01:11Fees depend on region, currency, and payout method.
01:14Card withdrawals are usually costlier but faster.
01:17And support differs sharply by country.
01:20U.S. and EU users have far more options than users in restricted jurisdictions.
01:25For most everyday users, the practical answer is, use a custodial wallet-slash-exchange with
01:31built-in fiat off-ramps, Coinbase, Crypto.com, MetaMask's integrated sellers, rather than a
01:38pure non-custodial wallet like TrustWallet, which always needs an intermediary exchange step.
01:43Non-custodial wallet users should confirm supported payout rails and current fee schedules
01:49directly in-app before relying on withdrawal speed claims, since these details change frequently
01:55and were last verified only within recent months.
01:58Finally, remember that everything we discussed today is for educational purposes only and does
02:04not constitute financial advice.
02:06Good luck to everyone, and see you in the next video.