So, you are trading Cryptocurrencies and you have made up your mind to use Binance. In fact, maybe you are already using Binance. Either way, you are wondering how to withdraw from Binance. However, before withdrawing from Binance, you must know the different withdrawal methods.
Just like the other cryptocurrency exchanges, Binance offers different payments that users can use to withdraw. The withdrawal methods include Bank accounts, P2P trading, third-party payment services, and credit or debit card. It is also very important to know that depending on the flat currency and location you want to withdraw, the options may not be available for you.
Do you want to withdraw from Binance, but you do not know how? Worry not. That is because I will enlighten you on methods to withdraw from Binance. Just make sure to follow this article to the very end to know more about the Binance withdrawal method.
How to Withdraw Funds From Binance to Your Bank Account
The first procedure to withdraw funds from Binance to your Bank account is to visit your Binance homepage and log on to your account. Once you have done that, follow the below guidelines to withdraw funds from Binance to your Bank account;
- Go to the ‘’Wallet’’ dropdown list
- Select Fiat and spot to go to the page where you can make a withdrawal to your bank account
- On the next page, select Withdrawal icon as the page opens on the Deposit icon.
- On the withdraw page, you can now select the currency and the payment method you want.
- Enter the amount you will like to withdraw and click on continue
Once you tap on continue, you will be asked to enter a verification code that will be sent via SMS. Once you have entered it, the process is done.
How to Withdraw Crypto From Binance
To withdraw crypto from Binance, you can follow the same process as you did when withdrawing flat currency from Binance. Just login to your account, navigate to the Wallet drop-down list, and from there select Fiat and spot. Now, click on the withdraw tab as the page opens, open on the Deposit icon.
On the withdrawal page, select the cryptocurrency you will like to withdraw. The below step is the next step to follow;
- Go to your external wallet
- In wallet, click on Receive option
- Once you have clicked on receive option, you will receive an address which the crypto must hace sent from the platform.
- Copy the address and paste it into the Binance withdrawal page
- Now click on submit
- After you click submit, you will be asked for a verification code that will be sent to your SMS or email.
Once you have entered the code, tap on Submit and complete the withdrawal. It is a very easy and simple process to go through.
How to Withdraw From Binance US
To withdraw money from Binance US is also very easy but you must have an account on Binance US. You will now be able to withdraw money from the wallet making use of an ACH transfer. The first thing to do is log on to your account, click on the wallet and withdraw.
Once you get to the withdrawal page, you will now select the US dollar as the currency you will like to withdraw. Enter the amount you want to withdraw. You will also have to choose ACH as your payment method. Once you are done with the payment method, click on continue. After clicking, a pop window wills for you to confirm the transaction, you can now click on confirm.
Once you have done that, you will now receive an email from Prime Trust. In the email make sure you verify the transaction. In the email, tap on Confirm Disbursement after that click on Confirm and verify. To now proceed with the withdrawal.
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