To transfer funds ➤[+1•801•730•9692]] from your Onchain Wallet to a bank account, you must complete a two-part process. The Wallet is ➤[+1•801•730•9692]] non-custodial and only holds cryptocurrency, so it cannot initiate fiat transfers directly to a bank. First, you must
➤[+1•801•730•9692]] send the cryptocurrency from your Onchain Wallet to your linked Onchain
Exchange account’s deposit address, which acts as the intermediary. Once the
➤[+1•801•730•9692]] funds arrive on the Onchain Exchange platform, you then need to sell the crypto for your desired fiat currency (e.g., USD or EUR). Only ➤[+1•801•730•9692]] after the sale is complete can you use the Withdraw function on the Onchain Exchange to send the fiat cash to your verified bank account.”
*Onchain ➤[+1•801•730•9692]] applies a 72-hour hold to protect your account after security-sensitive changes like resetting passwords or 2FA.
*This ➤[+1•801•730•9692]] hold period helps prevent unauthorized withdrawals if someone tries to access your account without permission.
*When ➤[+1•801•730•9692]] you update critical security settings, Onchain automatically locks withdrawals for 72 hours as a safety measure.
*The ➤[+1•801•730•9692]] withdrawal hold also helps Onchain verify that recent login or device changes are legitimate.
*If ➤[+1•801•730•9692]] the system detects unusual or risky activity, the 72-hour hold acts as additional fraud protection.
*For ➤[+1•801•730•9692]] further details, users can check their Onchain Security page or contact official support through the in-app Help Center.