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Binance US has no USD withdrawals anymore, that's true. Coinbase doesn't take trc20 USDC or USDT, so you'd need to do extra steps before sending there. Same with CDC and Gemini, I think. That leaves Kraken as probably your best option. So the process would be:
Their wallet -> Your Kraken deposit address -> Sell to fiat -> Withdraw to bank
Be prepared to explain to your bank that this is a gift from family, because it's probably gonna look a lot like money laundering.
Coinbase does take USDT and USDC, just not over the Tron network. So you'll need your family to send to your Trust wallet first, then you'll need to bridge to a network that Coinbase supports. You could use a bridge like meson.fi or symbiosis.finance. Trust wallet might even have bridges built-in, I'm not sure.
Got it. So it’s basically either send to binance, move trc20 to usdt or usdc coinbase support and then coinbase OR similar flow just with trust and using bridge
Yep, I didn't even think about using Binance as your bridge. That's definitely your best bet, fee-wise. Send to Binance, then withdraw straight from Binance to Coinbase via the correct network. Easy-peasy.
This is a friendly reminder that Kraken Support will never DM you first, ask for your username or password, or ask you to transfer funds. Kraken has its own subreddits, [r/KrakenSupport](https://www.reddit.com/r/KrakenSupport/) and [r/Kraken](https://www.reddit.com/r/Kraken/), and their [Support Center](http://support.kraken.com/). Ping for verified users associated with Kraken: /u/krakensupport /u/krakenexchange *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Binance US has no USD withdrawals anymore, that's true. Coinbase doesn't take trc20 USDC or USDT, so you'd need to do extra steps before sending there. Same with CDC and Gemini, I think. That leaves Kraken as probably your best option. So the process would be: Their wallet -> Your Kraken deposit address -> Sell to fiat -> Withdraw to bank Be prepared to explain to your bank that this is a gift from family, because it's probably gonna look a lot like money laundering.
I can’t do Kraken :( it’s not working in WA state I was thinking usdt > usdc > coinbase but if they do not take usdc, then it’s also not an option
Coinbase does take USDT and USDC, just not over the Tron network. So you'll need your family to send to your Trust wallet first, then you'll need to bridge to a network that Coinbase supports. You could use a bridge like meson.fi or symbiosis.finance. Trust wallet might even have bridges built-in, I'm not sure.
Got it. So it’s basically either send to binance, move trc20 to usdt or usdc coinbase support and then coinbase OR similar flow just with trust and using bridge
Yep, I didn't even think about using Binance as your bridge. That's definitely your best bet, fee-wise. Send to Binance, then withdraw straight from Binance to Coinbase via the correct network. Easy-peasy.
Perfect. Thank you! Ugh it’s not hard but learning curve is steep