How Do I Transfer Money from My FTX Account?

Buying and selling cryptocurrency can be fun to learn and FTX makes it easier with its support pages. The platform also makes it easy to transfer funds to your bank account. Just make sure that your bank account is linked and the name on it matches the name on your FTX account.

Dec 9, 2022

FTX is one of the top cryptocurrency exchanges in the world, with FTX.com as the main website and FTX.US serving residents of the United States. Cryptocurrencies are one of the easiest ways to start investing using smaller transactions. Users who watch their available funds grow often want to transfer money them to their bank accounts. Most crypto exchanges allow this, please read on to learn more.

Some Important Tips

Although FTX operates two different platforms for its users, some advice is universal, as follows:

  1. Please verify that your account has been verified so that you can make the requested withdrawal amounts.
  2. Double-check that the names on the bank account and your FTX account match, otherwise the withdrawal may be delayed or denied.
  3. Most withdrawals may have to clear one at a time, so use a wire transfer for faster payout and larger amounts. Please review the support pages before proceeding.
  4. Set up deposit alerts with your bank, if possible.

For FTX.US

FTX has two methods for connecting your bank account: direct bank login or providing the routing and account numbers. It may take 3-5 business days to process your withdrawal, and you may see the amount deducted from your FTX account first before you see the deposit to your bank account.

To submit a withdrawal request:

  1. Visit FTX.US and click on the Wallet tab.
  2. When prompted, sign into your account.
  3. Select Withdraw, and then select the funding source which includes USDC, your cash balance on FTX.
  4. Select the bank account and withdrawal amount, perform the two-factor authentication and click on the Submit button.

If you have any questions or concerns, please reach out to FTX customer support here anytime.

For FTX.com

This website services international users and has a variety of policies in place. There are fees depending on withdrawal amount and currency type, and the receiving bank may also have fees. Please visit the support pages for more details.

Please keep in mind that you must be verified at KYC level 2 and many transactions require a memo.

To make at FTX.com withdrawal, follow these steps:

  1. Go to FTX.com and log into your account. Next, select the Wallet tab.
  2. Please note that all withdrawals require a withdrawal password. If you already have one, you can proceed to the next step. If you don't have a withdrawal password, visit your profile settings and choose Withdrawal Password under the security option. Choose your password and click on the Set Withdrawal Password button.
  3. Click on Wallet, then choose your cryptocurrency type and then select Withdrawal Fiat to transfer funds to your bank or you could transfer USD funds to a credit card instead. Please note that FTX.com only supports USD transfers to credit cards at this time.
  4. Enter the amount to withdraw and type of wire transfer. Type in your banking details and you can also opt to save this information for future use.
  5. Confirm the withdrawal by entering your withdrawal password and performing 2FA. Submit your request by clicking on the Withdraw button.

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How Do I Transfer Money from My FTX Account?

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How can I withdraw money to my bank from my FTX account
How to transfer money from your FTX account to your bank account
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