How to sell crypto on Binance and transfer to bank? (2025)

How to sell crypto on Binance and transfer to bank?

Go to the Binance website and sign up for an account. Complete the identity verification process if required. Once logged in, go to the "Wallet" section and click on "Fiat and Spot." Click on "Deposit" and select your local currency. Choose a payment method (bank transfer, credit card, etc.)

(Video) How To Withdraw From Binance To Bank Account - Full Guide
(GuideRealm)
How do I sell my crypto and transfer to my bank?

Steps to Sell:
  1. Register and verify identity on the exchange.
  2. Deposit your cryptocurrency into the exchange wallet.
  3. Sell your cryptocurrency for the desired currency.
  4. Withdraw the funds to your bank account.

(Video) How To Sell Bitcoin on Binance and Transfer To Bank
(KnowledgeBase)
How do I withdraw money from crypto to my bank account?

Cash out your funds
  1. Select My assets.
  2. Choose Cash.
  3. Select Withdraw cash.
  4. Enter the amount and choose the destination under Transfer to.
  5. Select Preview.
  6. Choose Withdraw cash now.

(Video) WITHDRAW MONEY EASILY FROM BINANCE TO BANK ACCOUNT UK, USA & MO | 2023 GUIDE
(Economics Changed Me)
Does Binance accept bank transfer?

Go to the Binance website and sign up for an account. Complete the identity verification process if required. Once logged in, go to the "Wallet" section and click on "Fiat and Spot." Click on "Deposit" and select your local currency. Choose a payment method (bank transfer, credit card, etc.)

(Video) How to sell crypto & withdraw money on Binance the RIGHT way! Tutorial for Beginners (Australia)
(Connor & Alan)
How do I sell Usdt for cash on Binance?

How to Sell USDT on Binance via P2P
  1. Step 1: Create and Verify Your Binance Account. ...
  2. Step 2: Access the P2P Trading Platform. ...
  3. Step 3: Select the “Sell” Option. ...
  4. Step 4: Choose a Buyer. ...
  5. Step 5: Create an Order. ...
  6. Step 6: Wait for Payment. ...
  7. Step 7: Release USDT. ...
  8. Step 8: Withdraw or Use Your Funds.
Nov 3, 2024

(Video) Binance P2P Dollar Buy Sell | How to Withdraw Money from Binance to Your Bank Account Step-by-Step
(RI ROBIN)
How do I transfer from Binance to my bank account?

STEP 1: SETTING UP FOR SUCCESS 🚀
  1. MAKE SURE YOU'RE VERIFIED.
  2. Before anything else, log in to your Binance account and double-check that you're verified. ...
  3. Go to Wallet > Fiat and Spot.
  4. Select Withdraw > Fiat.
  5. Pick your currency (e.g., USD).
  6. Enter the amount you'd like to withdraw.
  7. Bank Transfer (SWIFT/WIRE)
Oct 28, 2024

(Video) How to Sell Crypto on Binance And Transfer to Bank (Step by Step Tutorial)
(Tech Tricks Tutorial)
Why can't I withdraw USD on Binance?

All new ACH, debit, and Apple Pay deposits are subject to a brief withdrawal lock period. During this lock users cannot withdraw USD or crypto funded by these deposits for the following time periods: Debit: 7 days. ACH: 7 days.

(Video) Withdraw Money FROM BINANCE to BANK 2024 | WORKING TUTORIAL (GBP, EUR, USD & MORE)
(Economics Changed Me)
How much does Binance charge for withdrawal?

Binance Withdrawal Fees

EUR: Minimum withdrawals start from €1 up to €10,000, with fees ranging from free to 0.12%. IDR: Minimum withdrawals start from Rp250,000 up to Rp25,000,000, with fees ranging from Rp10,000 to 1.80%.

(Video) How to Sell Crypto to Cash (Sell Crypto & Withdraw to Bank)
(MoneyZG)
How do I sell crypto and withdraw cash?

To withdraw money from crypto to your bank account, first, sell your cryptocurrency on a crypto exchange that supports fiat currency withdrawals (like Mudrex). Link your bank account to the exchange, initiate a withdrawal request, and the converted funds should arrive in your bank account within a few business days.

(Video) HOW TO SELL CRYPTO AND WITHDRAW MONEY (CAD) FROM BINANCE DIRECTLY INTO YOUR BANK ACCOUNT IN CANADA
(Crypto Giant)
How do I transfer crypto gains to my bank account?

Most transfers involve selling crypto on an exchange, withdrawing funds in fiat and depositing into a bank account. Each step has its own requirements and considerations. Exchanges are the middlemen that convert cryptocurrencies into fiat money so users can withdraw to traditional bank accounts.

(Video) How to Create a Binance Account and Trade Crypto
(Creative Tech Strategies)

Can you sell crypto instantly?

Upon receiving your cryptocurrency in the provided wallet address, MoonPay will then automatically proceed to sell crypto for your desired fiat currency and send the cash payout to you immediately.

(Video) How to Buy & Sell Bitcoin/Crypto via P2P on Binance for Beginners (Tutorial)
(Fisayo Fosudo)
How do I transfer money from my crypto wallet to my bank account?

How to make a withdrawal request via ACH
  1. Go to the Crypto.com App, go to "Accounts", open the Fiat Wallet and tap 'Transfer' → 'Withdraw' → USD.
  2. Review the submission process, and tap 'Got it'.
  3. Input the withdrawal amount and select the bank account that you are withdrawing the funds to.

How to sell crypto on Binance and transfer to bank? (2025)
How to withdraw crypto from Binance?

Here's how to withdraw from Binance
  1. Log in to your Binance account.
  2. Click on your account icon and select "Assets".
  3. Click "Withdraw" and choose the crypto you want to withdraw.
  4. Enter the address you want to send the crypto to and choose the right network.
  5. Check the details and complete the security checks (like 2FA).
Jun 22, 2024

Can I turn cryptocurrency into cash?

Crypto users can also convert crypto into cash by using a crypto ATM. Crypto ATMs offer users a convenient way to move their funds from the digital sphere into the real world. They provide instant conversion, allowing users to access their funds without the delays sometimes associated with other exchange methods.

How to sell crypto on Binance to bank account?

🤔👍How to Transfer Money from Binance to Your Local Bank Account:A Complete Guide 🚨🤔
  1. Log In to Your Binance Account. ...
  2. Access the Wallet Section. ...
  3. Convert Your Cryptocurrency to Fiat. ...
  4. Initiate the Withdrawal Process. ...
  5. Enter Your Bank Details. ...
  6. Review and Submit Your Withdrawal Request.
Oct 25, 2024

How long does a Binance bank transfer take?

Binance will process your request, and the funds should arrive in your bank account within a few minutes to several business days, depending on your region and bank processing times. After completing the withdrawal, monitor your bank account to ensure the funds are deposited successfully.

Which bank cards are accepted by Binance?

Binance is thrilled to announce that we are now offering a service to sell crypto directly to credit/debit cards (VISA/Mastercard) through our partnership with Paymonade.

Can I convert my USDT to cash?

Go to the trading section and select the trading pair you're interested in, like Tether/EUR or Tether/USD. Place a sell order for your Tether, provide your bank account details, and double-check everything. Now, you can move USDT to your bank and withdraw the funds as fiat directly to your account.

Is it safe to sell USDT on Binance?

It provides a safe environment for buyers and sellers with a built-in escrow service to protect both parties. On Binance P2P, you can sell USDT and receive payment directly from the buyer in your preferred currency and payment method.

Can I use bank transfer on Binance?

Binance offers many deposit options such as Binance P2P, buy crypto with cash, deposit crypto, and bank transfer.

How to receive money from Binance?

Receiving Crypto on Binance
  1. Log in to your Binance account and navigate to the Wallet section.
  2. Click on the 'Deposit' option.
  3. Select the cryptocurrency you want to receive from the dropdown menu.
  4. Copy your wallet address or scan the QR code displayed on the screen.
  5. Share your wallet address with the sender.

How to convert USDT to USD on Binance?

Here's how to use Binance Convert to swap USDT for another coin:
  1. Select Your Currencies: In the Binance Convert tool, you'll see two drop-down menus. ...
  2. Enter the Amount: Enter the amount of USDT you wish to convert. ...
  3. Check the Estimated Conversion Rate: ...
  4. Preview Conversion: ...
  5. Confirm the Conversion:
Nov 6, 2024

Why can't i withdraw money from Binance?

When you deposit cryptocurrency on Binance, you need to wait for all confirmations on the blockchain to complete before you can withdraw or use those funds. For security reasons, Binance requires these confirmations to be complete.

Is Binance suspended in the USA?

Binance.US in Washington will halt operations on August 20, 2024, due to regulatory issues. Eight states, including North Dakota and Oregon, have revoked Binance. US's operating licenses. The SEC has sued Binance.US for failing to register properly and engaging in manipulative trading.

How do I sell to USD on Binance?

How to Sell USDT on Binance Using P2P: A Complete Guide
  1. Step 1: Set Up and Verify Your Binance Account. ...
  2. Step 2: Access the P2P Trading Platform. ...
  3. Step 3: Select the “Sell” Option. ...
  4. Step 4: Choose a Buyer. ...
  5. Step 5: Create an Order. ...
  6. Step 6: Wait for Payment. ...
  7. Step 7: Release USDT. ...
  8. Step 8: Withdraw or Use Your Funds.
Nov 4, 2024

Popular posts
Latest Posts
Recommended Articles
Article information

Author: Laurine Ryan

Last Updated: 12/01/2024

Views: 6049

Rating: 4.7 / 5 (57 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Laurine Ryan

Birthday: 1994-12-23

Address: Suite 751 871 Lissette Throughway, West Kittie, NH 41603

Phone: +2366831109631

Job: Sales Producer

Hobby: Creative writing, Motor sports, Do it yourself, Skateboarding, Coffee roasting, Calligraphy, Stand-up comedy

Introduction: My name is Laurine Ryan, I am a adorable, fair, graceful, spotless, gorgeous, homely, cooperative person who loves writing and wants to share my knowledge and understanding with you.