Once your account has been approved, you’ll be able to redeem $USDC and $CST via the process below:
Create and verify your account in the Coast app.
Select (or add) the bank account where you wish to receive funds.
Please note that the name on your bank account must match the name on your Coast account.
Send USDC or CST to your redemption address, following the instructions provided in our app.
What’s a redemption address? Why does the address so simple and contain so many 0s?
You can redeem from any wallet you control, including exchange wallets
Note: Our minimum redemption amount is $1,000. Any redemption below $1,000 USDC or CST will not process and the smart contract will automatically send your USDC or CST back to your wallet.
USD is deposited to your bank account.
Waiting on funds to be wired to your bank account? You can track the status of your redemption under “Redemptions” in the Transactions tab of the app.
