1. Send Your Cryptocurrency to a Centralized Exchange
The easiest way to off-ramp your crypto is by transferring it to a centralized exchange like Coinbase.
Check Token Compatibility: Ensure the token you are sending is supported by the exchange. If it’s not, you’ll need to first convert it into a supported cryptocurrency like Ethereum (ETH), Solana (SOL), or Bitcoin (BTC) within Cascade.
2. Locate Your Wallet and Cash Balances
Navigate to the "My Wallet" section in Cascade.
Review your available balances to see the amount you hold in each currency.
3. Send Your Crypto to the Exchange
Click the "Send" button next to the cryptocurrency you want to off-ramp.
Enter the destination address provided by the centralized exchange (e.g., Coinbase).
Make sure the wallet address matches the cryptocurrency type you're sending. For example, sending Solana (SOL) to Coinbase requires a Solana-compatible wallet address offered by Coinbase.
4. Confirm and Transfer
Once you’ve entered the address and confirmed the details, initiate the transfer. Your cryptocurrency should arrive in your exchange account shortly.
5. Sell Cryptocurrency for Fiat
Once the funds are reflected in your exchange account, locate the asset in your portfolio.
Select the option to sell the cryptocurrency and convert it into your desired fiat currency (e.g., USD, EUR).
6. Withdraw Fiat to Your Bank Account
After converting your cryptocurrency, click "Withdraw Cash" on the exchange platform.
Choose your preferred withdrawal method (e.g., bank account, debit card, or PayPal).
Enter the required details and confirm the transaction.
Your fiat funds will soon arrive in the selected account! 🎉