# Coinflow Off-ramp

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Coinflow off-ramping is currently only available for individuals and businesses with bank accounts in the US.
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## What is Coinflow?

Coinflow develops software bridging conventional finance and blockchain tech, enabling users to purchase digital assets and services using standard payment methods. With top-tier US bank collaborations, Coinflow provides instant 24/7 crypto off-ramping to user bank accounts.

## How to off-ramp assets to a bank account

1. Navigate to the "Dashboard" of your Squad and click the "Send" button.
2. Choose the "Off-ramp" option in the pop-up.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2F95rOCsURNzmtQ2dnTfnt%2Fimage.png?alt=media&#x26;token=33cf470c-962e-4245-aece-b8d326b8cc13" alt=""><figcaption><p>Send popup</p></figcaption></figure>

3. Select "Coinflow" as the off-ramp option.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FXes5cV1NTZ31W43S2mmL%2Fimage.png?alt=media&#x26;token=47fe8cc0-9c4c-471f-8195-d9a4e8ff65ee" alt=""><figcaption><p>Coinflow off-ramp popup</p></figcaption></figure>

4. Enter your email and country of residence. Click "Next" to continue to the KYC/KYB process.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FEEdfghdjbdpkf2tKXXAh%2FScreenshot%202024-12-05%20at%203.53.50%E2%80%AFPM.png?alt=media&#x26;token=2c2d5b1d-d76d-446e-9874-19ecc5fdd697" alt=""><figcaption><p>Withdrawal Verification</p></figcaption></figure>

5. To continue, select your account type as "Individual" or "Business". Click the "Next" button to complete the KYC (for individuals) or KYB (for businesses) verification.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FtymDE9kYTRRwarctQNNl%2FScreenshot%202024-12-05%20at%203.54.17%E2%80%AFPM.png?alt=media&#x26;token=d490bbfd-1cc9-482d-88d2-e2c31e61b93c" alt=""><figcaption></figcaption></figure>

6. Complete the verification process to continue with the off-ramp process.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FGBBVfUYedxFQPkg6wtVh%2FScreenshot%202024-12-05%20at%203.54.44%E2%80%AFPM.png?alt=media&#x26;token=5445f2b9-441e-47ed-aee0-a9b958627653" alt=""><figcaption></figcaption></figure>

7. Once your KYC/KYB process is complete and verified, you will be able to continue. Choose the account you want to send funds from and the account that will receive USD.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FwqACeCsLAdTS7jFG2XdD%2Fimage.png?alt=media&#x26;token=86649421-544b-4045-b366-3f1fcf84a33a" alt=""><figcaption><p>Off-ramping</p></figcaption></figure>

8. Add a new bank account by filling in the following details:

* Account owner
* Account type
* Bank name and type
* Beneficiary address
* Routing number
* Account number

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FPasX15xcgfsuolhCWzLX%2Fimage.png?alt=media&#x26;token=64fcc779-fe39-43e8-9d71-b872683b5fdc" alt=""><figcaption><p>Bank account details</p></figcaption></figure>

9. Enter the amount you want to send and the type of transaction. Click the "Next" button to review your transaction.

<figure><img src="https://254049203-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdUrslJzNhqr2JDZzXUUz%2Fuploads%2FRpOLw2soaN6hDwpG03xS%2Fimage.png?alt=media&#x26;token=5f06fc70-499a-4f24-b01c-8ee83b7c99d4" alt=""><figcaption><p>Amount and Transaction speed</p></figcaption></figure>

10. Once reviewed, initiate the transaction. You will receive USD in your bank account once your transaction is complete according to the chosen transaction type.