How to cash out crypto in the UK

This guide shows you how to sell cryptocurrency and withdraw funds in GBP with us, through our web interface or through our mobile app Bridge Wallet.

1: Go to our web interface

You can access our web interface on our website here or through any other partner website.

Mt Pelerin sell crypto widget screenshot 1

2: Identify

Transactions in GBP are only available to users who have verified their identity. To do so, click on the person's icon on the top right and follow the instructions to sign up and verify your identify.

Once done, we will review your information and you will receive a notification email as soon as the review will be complete.

Mt Pelerin sell crypto widget screenshot 1

3: Choose what you'd like to sell

Once your identification will be complete, choose the following things:

  • The crypto you want to sell
  • The amount you want to sell
  • GBP as the destination currency
  • The blockchain from which you'll send your crypto (if available)

Then, click the green "Sell" button to continue.

Mt Pelerin sell crypto widget screenshot 3

4: Sending address

Choose one of the available options to connect a wallet and choose the address that will send the crypto.

If you already have a profile with us, you will be able to choose one of the wallet addresses that are linked to your profile, or add a new one.

5: Bank account

Enter here the coordinates of your UK bank account where you want to receive your funds.

If you already have a profile with us, you will be able to choose one of the bank accounts that are linked to your profile, or add a new one.

Mt Pelerin sell crypto widget screenshot 9

6: Crypto transfer

Send your crypto to our wallet address, using one of the methods available here.

⚠️ You must send crypto from the wallet that you have selected at step 4.

⚠️ You must send crypto from the blockchain that you have selected at step 3.

Once we will have received your crypto, you will receive a notification email to confirm it (please note that it can take several hours to be sent).

After that, we'll proceed to convert your crypto into GBP. You will receive a second notification email with the detail of your transaction as soon as your bank transfer will have been sent.

Mt Pelerin sell crypto widget screenshot 9

1: Download Bridge Wallet

Bridge Wallet is the free mobile app that we've made to easily invest in crypto assets and manage them from your phone.

Enter your phone number below to download Bridge Wallet:

Bridge Wallet screenshot

2: Create a new wallet

Create a new wallet, or restore an existing one if you prefer to. If you need help on the creation of a wallet, we have made a step-by-step guide here.

Bridge Wallet create a new wallet screenshot

3: Identify

Transactions in GBP are only available to users who have verified their identity. To do so, go in Settings > My profile > Identify, and follow instructions to verify your identify.

Once done, we will review your information and you will receive a notification email as soon as the review will be complete.

Bridge Wallet register screenshot

4: Transfer crypto to your address

Go to the screen of the cryptocurrency that you want to sell, click "Receive" and transfer crypto to that address. You can cash out different cryptocurrencies from different networks, to switch network use the network icon on the upper left of the screen. You can see the list of cryptocurrencies available for cash outs on this page.

Bridge Wallet being a non-custodial app, please note that you will need to cover network costs to cash out your cryptocurrency. More info about that here.

Bridge Wallet receive crypto screenshot

5: Choose "Sell by bank transfer"

Click the "Sell" button and choose "Sell by bank transfer".

Bridge Wallet ETH sell options screenshot

6: Choose the amount and destination currency

You can cash out cryptocurrency in 12 different fiat currencies. Choose one of these and you will see our all-inclusive exchange rate.

Click "Next" to continue.

Bridge Wallet sell Ether by bank transfer screenshot

7: Enter your bank account details

Enter the coordinates of the bank account on which you want to receive your funds. You can find more info about supported bank accounts here.

Bridge Wallet sell Ether by bank transfer details screenshot

8: Confirm

Once you click the "Send & sell" button, your cryptocurrency will be withdrawn from your wallet. We will convert it to GBP as soon as we receive it, then transfer funds to your UK bank account. You will receive a confirmation email with the detail of your transaction as soon as your bank transfer will have been sent.

The funds should appear on your bank account shortly after.

Have a question?

Check our FAQ

The most common questions that our clients ask us are all answered there. Have a look!

Contact us

We answer all your questions, and we answer them fast! Get in touch by email or through Bridge Wallet's contact form.

We accept clients from all countries, except US and Russian persons, and residents of:

Afghanistan, Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mainland China (Hong Kong and Taiwan accepted), Mali, Myanmar, Nicaragua, North Korea, Russia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe.