Key Takeaways
- CoinStats doesn’t store your crypto, so withdrawals happen through wallets, exchanges, or off-ramps;
- Although exchanges can streamline the withdrawal process, wallet-based off-ramps give users more control and flexibility;
- Using an exchange for quick trades and an off-ramp for withdrawals can help you avoid high fees.
Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁
If you’ve ever tried to figure out how to withdraw money from CoinStats, you’ve probably noticed something confusing right away: there’s no actual [Withdraw] button. That’s because CoinStats is a portfolio tracker - your assets are basically not there, and you only see an overview of what you own by pulling data from your connected wallets and exchanges.
So, when we talk about how to get money off CoinStats, it means the process happens outside of CoinStats, using wallets, exchanges, or off-ramps like Ogvio, depending on where your crypto is stored and how you want to receive your money.
In this guide, I’ll break down what “CoinStats withdrawal process" really means, walk through the practical methods you can use, and compare the most common options.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is DeFi in Crypto? (Explained with Animations)
Table of Contents
- 1. How to Withdraw Money From CoinStats: Is It Possible?
- 1.1. Withdraw via CoinStats-Synced Wallets Using Off-Ramps
- 1.2. Withdraw Money From Exchanges You Linked to CoinStats
- 2. Which Is the Best Way to “Withdraw” From CoinStats?
- 2.1. From a Wallet to an Off-Ramp
- 2.2. Directly From an Exchange to Your Bank Account
- 2.3. From an Exchange to an Off-Ramp
- 3. Conclusions
How to Withdraw Money From CoinStats: Is It Possible?
Figuring out how to withdraw money from CoinStats can be confusing. A lot of people assume the platform works like an exchange or a crypto wallet, where you can store funds, move tokens around, and eventually cash out. However, as mentioned before, CoinStats is only a portfolio tracker.
Latest Deal Active Right Now:Yes, this platform tracks your balances across exchanges and wallets under one roof, but it never actually holds your crypto. If you’ve been tapping around looking for a [Withdraw] button and wondering why it isn’t there, you now know why.
I understand why people get confused. To be honest, most crypto apps look pretty similar on the surface. Some wallets let you store your funds and make transactions while also showing portfolio performance. CoinStats also displays charts, net worth, and asset breakdowns from your connected exchanges or wallets, so it feels like a place where you store your money.
To clear this up once and for all, you can’t withdraw money from CoinStats because your crypto isn’t stored there.
So, how do I “withdraw” money from CoinStats? Just cash out from the platform where your assets actually exist:
- If your funds are on Binance, Bybit, or any other centralized exchange, you have to withdraw them from that platform.
- If your assets sit in MetaMask, Phantom, or a hardware wallet, you’ll need an off-ramp (a crypto-supported money transfer service like Ogvio or a crypto exchange).
So, in case you came in thinking you could find ways to withdraw money from CoinStats app directly, you’re not wrong for assuming it. It’s just one of those quirks of the crypto industry where different tools look similar but act differently behind the scenes.
📚 Read More: How to Transfer Crypto to a Bank Account
Withdraw via CoinStats-Synced Wallets Using Off-Ramps
One of the most common setups in CoinStats is its self-custody wallet connection. Instead of linking an exchange account, many users sync wallets like Coinbase Wallet (now the Base app), OKX Wallet, and Ledger wallets to track DeFi positions, NFTs, staking rewards, and on-chain balances.
When you sync these wallets to CoinStats, the app only reads public blockchain data. Your private keys stay inside your wallet. Any cash-out process must start directly from the wallet that holds your crypto.
There are several ways to withdraw money from CoinStats (in an indirect way):
- Using a crypto off-ramp;
- Sending crypto to a centralized exchange.
Off-ramps like Ogvio are often the fastest option for users who don’t want to move funds through an exchange, especially if you want to escape additional conversion and withdrawal fees. It lets you send crypto directly from your wallet and then cash it out to any bank account (not only your own). Though you can also hold crypto on Ogvio, swap it or send it around the world.
|
|
|---|---|
|
|
| Per-transaction | |
|
|
|
| A global money transfer service with an additional volatile currency rate pegging to USD or EUR. | |
| Visit site Read review |
Table: Ogvio features
Based on my experience, the payout process happens instantly and requires very minimal fees. Moreover, it is available in 160+ countries and supports 40+ currencies, so you can immediately cash out locally or move funds across borders. Using Ogvio would be practical for users who track multiple wallets on CoinStats and don’t want to deal with exchange-specific restrictions and long processing times.
Heads-up: at the time of writing, Ogvio only supports USDC on the Base network for deposits and transfers, but you can trade it for other assets and hold them inside Ogvio.
That means if you’re using this “CoinStats withdrawal method”, you need to swap your assets to USDC (Base) first before sending them to Ogvio (unless your funds are already in that format).
This isn’t unique to Ogvio, as many off-ramps and exchanges may only support specific tokens and networks. It’s also common for CoinStats users to hold assets that aren’t directly supported for cash-outs. So, the flow of withdrawing from a crypto wallet to your bank account looks like this:
1
Swap your tokens to a supported asset (when necessary).
2
Send the crypto to an off-ramp service (Ogvio, in this case).
3
Transfer the money to your bank account (with Ogvio, you don't need to convert your crypto to fiat manually).
.
While most cross-chain transactions rely on centralized exchanges,[1] you can swap your tokens using CoinStats’ built-in swap feature or directly inside your wallet. Many wallets also offer native swapping tools within the platform, so you don’t need to move funds elsewhere just to convert them.
Swap Your Tokens to What the Off-Ramp Supports
Below, I’ll walk through how to convert your crypto into USDC using Ledger Live’s (or now it’s called “Ledger Wallet”) in-app swap feature, step by step:
![How to withdraw money from CoinStats: the [Swap] menu on Ledger Wallet outlined.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-swap-ledge.jpg "How to withdraw money from CoinStats: the [Swap] menu on Ledger Wallet outlined.")
After confirmation, the swap will be processed through Ledger Live. You can track the progress of your transaction by checking the History tab in the app, where the status of your swap will be updated until it’s completed.
Use a Crypto Off-Ramp to Cash Out Money From Your Wallet
Once you’ve successfully swapped your assets to USDC on the Base network, the next step is sending them from your wallet to Ogvio. I’ll walk you through the process using Ledger Wallet, but the basics are almost identical across wallets: get your Ogvio’s wallet address, find the [Send] button, select USDC on Base, paste Ogvio’s deposit address, and confirm the transaction.
![How to withdraw money from CoinStats: an arrow pointing the [Add Money] button on Ogvio's dashboard.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-ogvio-dashboard.jpg "How to withdraw money from CoinStats: an arrow pointing the [Add Money] button on Ogvio's dashboard.")
![How to withdraw money from CoinStats: the [Send] button on Ledger Wallet's dekstop version.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-ledger-send-button.jpg "How to withdraw money from CoinStats: the [Send] button on Ledger Wallet's dekstop version.")
Sending USDC via the wrong network can result in lost funds, so double-check this step before moving forward.
After the transaction is confirmed, the funds should appear in your Ogvio account shortly. From there, you can proceed with converting or withdrawing your balance using Ogvio’s supported payout methods.
Send Money to a Bank Account
At this stage, all that’s left is to enter the amount, review the details, and complete the withdrawal.
![How to withdraw money from CoinStats: the [Send Money] menu on Ogvio outlined.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-ogvio-dashboard-send-money-v2.jpg "How to withdraw money from CoinStats: the [Send Money] menu on Ogvio outlined.")
![How to withdraw money from CoinStats: the [Bank transfer] menu on Ogvio outlined.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-ogvio-transfer-methods-v1.jpg "How to withdraw money from CoinStats: the [Bank transfer] menu on Ogvio outlined.")
Before the bank transfer is finalized, Ogvio clearly displays the fee. Once confirmed, it takes care of the rest of the process for you. If your crypto is already stored on a centralized platform, follow the steps on how to transfer money from CoinStats using an exchange in the next section.
Withdraw Money From Exchanges You Linked to CoinStats
Another common way people “withdraw from CoinStats” is by using a centralized exchange they’ve already linked to. CoinStats lets you connect exchange accounts via API, so you can track balances, trades, and portfolio performance in one place.
However, just like with wallets, CoinStats itself can’t move or withdraw those funds. Any withdrawal must be done directly inside the exchange that actually holds your crypto.
CoinStats supports many major centralized exchanges, including Binance, Coinbase, and Kraken. When you connect one of these platforms to CoinStats, the app simply reads your balance and transaction history. It does not get permission to trade, sell, or withdraw on your behalf.
While the exact interface varies slightly from exchange to exchange, the withdrawal flow is usually the same: you sell your crypto to fiat and withdraw your money to your bank account.
If your crypto is currently stored in a self-custody wallet and you want to cash out via an exchange, there’s an extra step.
You’ll need to send your crypto from the wallet to the exchange first and wait for the deposit to be confirmed. Find the deposit address for the asset you’re sending on the exchange, make sure the network matches, and then initiate the transfer from your wallet.
Directly From an Exchange
Once you have the crypto on the exchange, here’s how to withdraw money from CoinStats via Kraken (feel free to do it on your preferred platform):
![How to withdraw money from CoinStats: the [Transfer] and [Withdraw] buttons on the Kraken exchange.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-kraken-withdraw-v2.jpg "How to withdraw money from CoinStats: the [Transfer] and [Withdraw] buttons on the Kraken exchange.")
![How to withdraw money from CoinStats: clicking [Continue] to add a new bank account on Kraken.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-kraken-adding-a-bank-account-v1.jpeg "How to withdraw money from CoinStats: clicking [Continue] to add a new bank account on Kraken.")
The account holder's name must match the verified name on your Kraken account, and in some cases, it may auto-fill depending on the payment provider.
Compared to using an off-ramp service or withdrawing directly from a self-custody wallet, exchanges are generally the most straightforward option, especially if your crypto is already held there. The process is familiar, the interface is beginner-friendly, and fiat withdrawals usually go straight to your bank account with minimal setup.
However, they might charge high fees at times and only allow you to cash out to your own bank account. Neobanks like Ogvio, on the other hand, allow you to cash out crypto to anyone's account. So, you can basically use crypto for payments as you would fiat.
📚 Read More: How to Withdraw Money From Kraken
From an Exchange to an Off-Ramp
In cases where direct exchange withdrawals feel restrictive or expensive, routing funds through an off-ramp can be a smart alternative. Now, let me show you how to withdraw from CoinStats by moving it from an exchange to Ogvio. For a change of scenery, I'll use Binance this time.
![How to withdraw money from CoinStats: the [Withdraw] button on Binance.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-binance-withdraw-button.jpg "How to withdraw money from CoinStats: the [Withdraw] button on Binance.")
![How to withdraw money from CoinStats: Ogvio's [Crypto Transfer] button outlined.](https://assets.bitdegree.org/images/how-to-withdraw-money-from-coinstats-ogvio-top-up-methods-ogvio-top-up-methods-crypto-transfer.jpg "How to withdraw money from CoinStats: Ogvio's [Crypto Transfer] button outlined.")
Binance will charge a small network fee for the transfer, but Ogvio doesn’t charge any fees for crypto top-ups. If the network isn’t congested, your funds should arrive in your Ogvio account within a few minutes.
If you want to withdraw from Ogvio to your bank account, check the part "Send Money to Your Bank Account" in the previous section.
📚 Read More: How to Withdraw Money From Binance
Looking for more in-depth information on related topics? We have gathered similar articles for you to spare your time. Take a look!
Which Is the Best Way to “Withdraw” From CoinStats?
Because CoinStats is only a portfolio tracker, withdrawing your funds isn’t a one-size-fits-all process. I’ve tried a few different methods myself (an off-ramp service and a centralized exchange), and each comes with its own pros and cons.
From a Wallet to an Off-Ramp
If your assets are stored in a self-custody wallet, using an off-ramp is often the most direct and flexible way on how to “withdraw” from CoinStats. Instead of sending your funds to an exchange first, you move crypto straight from your wallet to the off-ramp, convert it to fiat, and withdraw it using the available payout methods.
For users who are active in DeFi or manage multiple wallets in CoinStats, this method often feels more natural and less restrictive.
Among off-ramps, Ogvio is a strong option. It has a wide reach, which makes it appealing for people who don’t have access to direct exchange-to-bank withdrawals. In regions where exchanges have limited banking partnerships (or where withdrawals are slow or frequently reviewed), off-ramps can feel way smoother.
One feature that really sets this tool apart is its @Tag system. Instead of relying on long wallet addresses or bank details, users can send and receive money using a simple username-style tag. Transfers between Ogvio users are free, making it useful if you want to withdraw crypto and immediately send the money to friends, family, or business partners without extra costs.
Another major advantage is the platform's use of the mid-market exchange rate when converting between currencies. This is the real exchange rate you see on global markets, without the spread or hidden conversion fees that are common with some exchanges.
FYI, Ogvio is much more than an off-ramp. It's a worldwide money transfer service that supports both crypto and fiat movement.
However, Ogvio supports specific tokens and networks only. At the time of writing, deposits are limited to USDC on Base, which means you may need to swap your assets before sending them. I see that this isn’t a drawback unique to Ogvio since other off-ramps have this, so it’s an important step to plan for.
Overall, understanding how to get money off CoinStats using an off-ramp is necessary if you:
- Hold assets on DeFi or multiple wallets tracked by CoinStats;
- Prioritize self-custody and control;
- Want to avoid depositing funds into an exchange;
- Need faster or more flexible cross-border withdrawals.
In short, if CoinStats is helping you track a wallet-heavy portfolio, Ogvio offers a quick way to convert your on-chain assets into spendable and transferable fiat money without too many requirements and a poor exchange rate.
📚 Read More: Ogvio Review
Directly From an Exchange to Your Bank Account
Withdrawing through a centralized exchange is often the most familiar and beginner-friendly approach. If your crypto is already on an exchange, the process is usually straightforward: sell, withdraw, done.
Exchanges usually have higher liquidity, so when you convert crypto to fiat, the price doesn’t jump around as much. This helps avoid bad trades, especially when withdrawing larger amounts.
That said, stable prices don’t mean low-cost because trading fees, spreads, and withdrawal charges can still take a noticeable cut from the final amount you receive.
I once tried exploring how to "withdraw" from CoinStats app via an exchange, and the fee was about 6% of my asset value once all costs were factored in.
This doesn’t happen in every case. However, it’s a good reminder that the final amount you receive can be noticeably lower than expected, especially if you’re withdrawing smaller balances or using international bank transfers.
Moreover, exchanges don’t give you the same level of control as storing your assets in a wallet. Your funds are held by the platform, not by you, and withdrawals are subject to the exchange’s rules, reviews, and compliance checks.
That’s why withdrawal options are often limited by your location, depending on whether your bank or country passes that security check. Be aware that not all banks are supported, some currencies aren’t available, and processing times can stretch from a few hours to several business days.
Exchanges may also pause withdrawals temporarily for compliance or security reviews, which adds another layer of uncertainty if you need quick access to your funds.
Therefore, this option is more suitable for:
- Users who already trade actively on centralized exchanges;
- People withdrawing larger amounts, where high liquidity helps reduce slippage;
- Regions with strong exchange-bank integrations.
Yes, exchanges can be your familiar option. Still, they aren’t always the most cost-efficient or a flexible way to cash out, particularly when compared to wallet-based off-ramps.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
How Can You Earn Money With Axie Infinity? (AXS Animated Explainer)
- Secure and reliable
- Accepts fiat currencies
- Lots of trading options
- Reputable exchange
- Accepts fiat currencies
- Offers various trading options
- Huge trading variety
- Regulation-compliant around the globe
- Fair trading fees
- Beginner-friendly
- A wide array of features
- Vast number of different crypto coins & tokens
- Beginner-friendly
- Secure
- Decent trading and withdrawal fees
- Crypto.com Visa Card
- Automated tools & bots
- Ecosystem synergy with CRO
From an Exchange to an Off-Ramp
If you’re aiming to get the best value for your funds, or if your exchange doesn’t support your local currency and charges high withdrawal fees (like the ~6% I experienced), there’s still another path on how to transfer money from CoinStats.
You can move your assets from the exchange to an off-ramp like Ogvio to complete the fiat withdrawal. This approach adds one extra step, but it can offer better exchange rates, especially for international users.
Cross-border payments can get expensive and confusing fast,[2] mainly because the money has to hop between several banks. Each intermediary usually adds its own fees, delays, and exchange-rate markups, which slowly eat into the total amount you actually receive.
That’s where crypto off-ramps come in because they can handle the conversion and payout in one place, without relying on multiple banks. Routing funds from an exchange to an off-ramp helps you access mid-market exchange rates, clearer fee breakdowns, and more local payout options.
It’s a practical workaround when direct exchange withdrawals feel limited or overpriced.
So, how do I withdraw money from CoinStats the best way? There’s no single best method for everyone. Here’s a comparison table to help you decide based on your situation:
Off-Ramp (Ogvio) to a Bank | Centralized Exchange to a Bank | |
|---|---|---|
Where your crypto starts | Self-custody wallet (OKX Wallet, Ledger, etc.) | Exchange account (or wallet to exchange first) |
Extra transfer needed | ✓ | ✓ (if the funds are in a wallet) |
Supported assets | Limited (currently USDC on Base) | Wider range of tokens and networks |
Need to trade/sell | You may need to swap if your asset isn't USDC on Base | Yes, crypto must be sold for fiat |
Speed | Usually fast, often near-instant | Takes hours to days |
Fees transparency | Shown upfront before confirmation | Varies by the exchange and withdrawal method |
Exchange rate | Mid-market exchange rate (no hidden markup) | Often includes spread or hidden conversion fees |
Fiat & bank support | 40+ currencies, 7,000+ payment gateways, global reach | Depends on the exchange and region |
KYC requirements | Required for bank withdrawals | Required |
Table: Off-ramp VS exchange as a withdrawal method
Overall, if you value control and flexibility, withdrawing directly from your wallet using an off-ramp like Ogvio makes more sense. You keep custody of your assets longer, have more choices when it comes to networks, and often benefit from clearer fee structures. On the other hand, if you prioritize familiarity, exchanges may feel easier, especially if your funds are already there.
If you want the best of both worlds on how to transfer money from CoinStats, simply combine the two. You can use an exchange for quick crypto trades and liquidity, then transfer your funds to an off-ramp for a more affordable and flexible withdrawal. This method helps make the overall cash-out process more efficient and budget-friendly.
Browse our collection of the most thorough Crypto Exchange related articles, guides & tutorials. Always be in the know & make informed decisions!
Conclusions
When you want to withdraw money from CoinStats, remember that your crypto isn’t actually there. CoinStats is a portfolio tracker, which means it only shows what you own and where it’s stored. However, the actual withdrawal happens through the wallets, exchanges, or off-ramps connected to it.
From my experience, exchanges are easier to use but often come with higher fees and limited currency support. Wallet-based off-ramps give you more flexibility and transparency, especially if you want better exchange rates and broader payout options. When I want the best balance, I’ll use an exchange for quick trades, then move the funds to an off-ramp to cash out.
Check Ogvio if you’re looking for a flexible option with mid-market exchange rates. For an easier method, you can send money for free using its @Tag feature.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Lin L., Han L., Wang L.: 'A Privacy-Preserving Cross-Chain Cryptocurrency Transfer Scheme Based on Commitment Scheme and Zero-Knowledge Proof';
2. Sahu S., Vázquez J. H. O., Ramírez A. F., Kim J.: 'Analyzing Portfolio Optimization in Cryptocurrency Markets: A Comparative Study of Short-Term Investment Strategies Using Hourly Data Approach'.
About Article's Experts & Analysts
