🏦 How To Withdraw USDC

How to guide for marketplace sellers to withdraw Solana SPL USDC to a Solana Wallet.

Marketplace sellers 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).

View a video demo here.

Using a Centralized Exchange

  1. Choose an Exchange
    Select a centralized exchange that supports both Solana and USDC, such as Coinbase or Binance.
  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.
    a. Select Transfer
    b. Select Receive Crypto
    c. From the dropdown, select Asset to Receive
    d. Select USDC

e. Change the blockchain network from the drop down > Select Solana

f. Copy USDC address and save for later use.

  1. Withdraw seller earnings to wallet address

    a. Navigate to seller dashboard
    b. Under Withdraw, Select Withdraw crypto to wallet
    c. 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.


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.