If you do not have a US, UK or EU supported bank account, you can instead withdraw your funds from your Coinflow account to a crypto wallet. Once you have your funds in your crypto wallet, you can follow the directions on your chosen exchange to withdraw the funds to a connected bank account.
List of countries that support USDC withdrawal.
Creators withdrawing USDC to a wallet will receive Solana SPL USDC. To withdraw seller USDC earnings to a wallet on Solana, you can follow these steps using a centralized exchange that supports Solana assets. Here’s a step-by-step guide using Coinbase. (Note: You can do this on any centralized exchange of your choice, it does not need to be Coinbase).
Using a Centralized Exchange
1. Choose an Exchange
Select a centralized exchange that supports both Solana and USDC, such as Coinbase or Binance. Here is a list of exchanges that support USDC on Solana. It is vital that the wallet supports BOTH Solana and USDC. Learn more about USDC on Solana here.
2. Create an Account
Sign up for an account and complete any necessary verification processes if you don’t already have one
3. Initiate a transfer
From your admin dashboard, initiate a transfer.
Select Transfer
Select Receive Crypto
From the dropdown, select Asset to Receive
Select USDC
Change the blockchain network from the drop down > Select Solana
Copy USDC address and save for later use.
4. Withdraw seller earnings to wallet address
Navigate to seller dashboard
Under Withdraw, Select Withdraw crypto to wallet
Enter the amount to withdraw and the USDC Solana wallet address from step 3f.
By following these steps, you can effectively withdraw your Solana SPL USDC earnings to a Solana wallet.
Please note that you will receive Solana USDC (SPL USDC). If you would like to exchange it for another asset type, such as USD, you will need to sell your Solana USDC and conduct a separate transaction.
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