Okay, so first of all let’s clarify: what is SafePal? Look, SafePal is a popular crypto wallet where you can store your Bitcoin (BTC), Ethereum (ETH), USDT and other tokens. It is a kind of digital locker – a secure place where your crypto assets are safe.
But when you need your money in the bank account, how do you do it?
Direct withdrawal is not possible from SafePal, because SafePal does not work directly with banks. Its main job is to keep your crypto secure, not bank transfer.
The solution is simple:
👉 SafePal → Coinbase (or Binance) → Bank Account
Let’s see step-by-step now.
Step 1: Open SafePal App
First of all, open your SafePal wallet app and check how much USDT or BTC balance you have.
If you want to withdraw BTC, however, sending USDT to Coinbase is usually easier. Therefore, you can first swap BTC to USDT within SafePal itself. This way, the transfer process becomes smoother, and at the same time, you also reduce the chances of errors. In other words, instead of struggling with direct BTC withdrawals, just convert it to USDT and then send it to Coinbase.
Step 2: Copy Coinbase Deposit Address
Now open Coinbase app.
Go to Assets section.
Select USDT.
Click on “Receive” option.
Copy the address shown.
👉 Important: Always check which network Coinbase supports for USDT (ERC20, TRC20, etc). If you choose the wrong network, funds can be stolen.
Step 3: Send USDT from SafePal
Now go back to the SafePal app.
Select USDT.
Choose the “Send” option.
Paste the Coinbase address.
Choose the network (same as Coinbase).
Enter the amount and confirm.
💡 Pro Tip: It is important to send a small test transaction first. Like $10. If it reaches successfully, then transfer the full amount.
Step 4: Wait for confirmation
The transaction may take some time. Sometimes it happens in 5 minutes, sometimes even 1 hour. It depends on which network you have used and how is the traffic at that time.
When the confirmation is complete, you will be shown the USDT balance in Coinbase.
Step 5: Withdraw from Coinbase to Bank
Now you have USDT in Coinbase. To withdraw it in the bank:
Convert USDT to fiat (USD, EUR, INR).
Click on the “Cash out” option.
Select your bank account.
Enter the amount and confirm.
Normally the money is transferred to the bank account within 1–3 business days.
If BTC is deposited in SafePal?
Often people ask: “How to withdraw BTC from SafePal to bank account?”
Direct answer: It will not be direct.
You have 2 options:
Swap BTC to USDT in SafePal → then send to Coinbase → then bank.
Send BTC directly to Coinbase → then sell it there and withdraw from bank.
Both options are fine.
Read Also: How To Send Crypto To A SafePal Software Wallet
Common Mistakes That Should Be Avoided
Selecting the wrong network – This is the biggest mistake. If Coinbase is giving an ERC20 address and you send TRC20, you can lose funds.
Ignoring high fees – Ethereum ERC20 sometimes has a fee of $20–$30. TRC20 or BEP20 are cheap.
Expect direct bank withdrawal – SafePal does not have a direct bank withdrawal option. It has to be done through the exchange only.
Skipping test transactions – Small transactions avoid mistakes.
Using fake exchanges – Always use trusted exchanges like Coinbase, Binance or Kraken.
Example – Suppose you have $1000 worth of BTC in SafePal
Swap BTC to USDT → $995 left after fees.
Sent to Coinbase → $990 left after transfer fee.
Sold on Coinbase → $985 received.
After bank withdrawal, final $980 came into the account.
So keep in mind the fees.
FAQs – In Simple Language
Q: Can I withdraw directly from SafePal to the bank?
No, direct option is not available. It has to be done through the exchange.
Q: Is it necessary to do a test transaction?
Yes, absolutely. This leads to mistakes.
Q: Which network does Coinbase accept for USDT?
Mostly ERC20, but it is important to check in the app.
Q: If BTC is in SafePal, can I send it directly to Coinbase?
Yes, you can send it and sell it there and withdraw it from the bank.
Q: Is SafePal secure?
Yes, it is quite safe. Just keep your recovery phrase written down in a safe place and do not share it with anyone.
Final Note – Friendly Advice
Look, sending money from SafePal to Coinbase and then withdrawing money to the bank is not a difficult task. If you do the process once, you will find it easy.
Always remember the shortcut:
SafePal → Coinbase/Binance → Bank
And if someone asks: “how to withdraw BTC from SafePal to bank account?”
Then the simple answer is: there is no direct option, you will have to use the exchange.
Just keep this in mind – don’t choose the wrong network, compare fees, and always do test transactions.
Keep crypto safe and be patient.
