Squads Docs
Squads
Squads
  • Squads App
  • Twitter
  • Discord Support
  • Basics
    • Welcome to Squads
    • What is a smart account
    • What is a multisig
    • Who we are - Squads Labs
    • Security
  • Getting Started
    • Quickstart Guide
    • Create a Squad
    • On and Off-Ramp
      • Virtual US Bank Account
      • Sphere
      • Coinflow Off-ramp
      • Bridge Off-Ramp
      • Third-Party Payouts
    • Treasury Management Overview
    • Pricing
  • Navigating your Squad
    • Dashboard
    • Transactions
      • Priority fees
      • Batch actions
      • Rent Reclaim
    • Members
      • Manage Members
      • Permissions
      • Fee Relayer
    • Treasury
      • Sub-accounts
      • Manage assets
      • Contacts
      • Airdrop Checker
    • Payments
    • Trade
      • Limit Orders
      • Swaps
    • Stake
      • Staking with Squads
      • Direct Staking
      • Liquid Staking
      • Marinade Native
    • Developers assets
      • Programs
      • Validators
      • Token Manager
      • Transaction Builder
    • Settings
      • Spending Limits
      • Coin List Filter
      • Privacy
      • Time Locks
      • Export CSV
    • Integrated apps
      • TipLink
      • Range
      • SNS
      • Safe
    • SquadsX
      • Start using SquadsX
      • Compatible Apps
    • Reporting and Accounting
      • Request Finance
      • Integral
  • Additional Resources
    • FAQs
    • Advanced Security Best Practices
    • Costs of using Squads
    • Sending assets to/from centralized exchange (CEXs)
    • Squads on Mobile
    • What if the Squads app goes down
    • Key aspects of using a multisig
Powered by GitBook
On this page
  • What is Coinflow?
  • How to off-ramp assets to a bank account
  1. Getting Started
  2. On and Off-Ramp

Coinflow Off-ramp

Learn how to off-ramp your assets to your bank account.

PreviousSphereNextBridge Off-Ramp

Last updated 5 months ago

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

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.

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

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

  1. 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.

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

  1. 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.

  1. 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

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

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

Send popup
Coinflow off-ramp popup
Withdrawal Verification
Off-ramping
Bank account details
Amount and Transaction speed
Page cover image