How to Sell Crypto for Fiat Currency
Convert your cryptocurrency back to fiat and withdraw to your bank account through Midas fiat off-ramp providers.
Open the Sell Section
Navigate to Fiat Gateway > Sell. Select the cryptocurrency you want to sell and the fiat currency you want to receive (e.g., USD, EUR). The system displays available providers and current quotes.
Get a Quote
Enter the amount of crypto to sell or the fiat amount you want to receive. Compare quotes from available off-ramp providers showing the exchange rate, fees, and the net amount you will receive in your bank account.
Provide Bank Details
Enter your bank account information or select a previously saved account. The account holder name must match your verified Midas identity. International transfers may require SWIFT/BIC codes and additional details.
Confirm and Wait
Review the transaction summary and confirm the sale. Your crypto is deducted immediately and the fiat transfer is initiated by the provider. Processing time depends on the provider and your bank, typically 1-3 business days.