How to Withdraw Money from Binance?

How to Withdraw Money from Binance?

Binance is one of the largest cryptocurrency exchanges, offering various trading and investment opportunities. However, many users find it challenging to withdraw their funds. Whether you want to withdraw fiat currency (USD, EUR, etc.) or crypto, this guide will walk you through the process step by step.

Read More: How to Transfer Funds from Binance Wallet to Bank Account

Types of Withdrawals on Binance

Before we begin, it's essential to understand that Binance supports two main types of withdrawals:

  • Fiat Withdrawals – Transferring money to your bank account or payment methods like PayPal or credit/debit cards.
  • Crypto Withdrawals – Sending cryptocurrency to an external wallet or another exchange.
  • How to Withdraw Fiat Currency from Binance Step 1: Log in to Your Binance Account

  • Visit Binance.com and log in.
  • Click on your profile icon in the top-right corner and select “Wallet” > “Fiat and Spot.”
  • Step 2: Select Withdraw Option

  • Click on the “Withdraw” button.
  • Choose Fiat from the top menu.
  • Step 3: Choose Your Currency and Withdrawal Method

  • Select the fiat currency you want to withdraw (eg, USD, EUR, GBP).

  • Binance will display available withdrawal methods based on your location, such as:

    • Bank Transfer (SEPA, SWIFT, Wire Transfer, etc.)
    • Credit/Debit Card (Visa, Mastercard)
    • Third-party payment services (like Advcash, PayPal, or P2P transactions)
  • Choose your preferred withdrawal method and click “Continue.”

  • Step 4: Enter Withdrawal Details

  • Enter the amount you want to withdraw.
  • Provide the necessary banking details (eg, IBAN, SWIFT code, card details).
  • Double-check all the details to avoid transaction failures.
  • Step 5: Confirm and Complete the Withdrawal

  • Binance will show the withdrawal fees and estimated processing time.
  • Click “Confirm” and complete the required security verifications (Google Authenticator, SMS, or email verification).
  • Once confirmed, your funds will be processed and sent to your bank account.