How to Withdraw Cash on Binance Exchange

To withdraw cash from Binance, log into your account, navigate to the Withdrawal page, select the withdrawal method and address, and verify the withdrawal by entering the verification code.

Jan 17, 2025 at 09:30 am

Key Points:

• Log into Binance Account
• Navigate to Withdrawal Page
• Choose Withdrawal Method
• Enter Amount and Address
• Verify Withdrawal

How to Withdraw Cash on Binance Exchange:

1. Log into Binance Account:

   • Open Binance Exchange website or mobile app.
   • Click on "Log In" button in the top right corner.
   • Enter your email address or mobile number and password.
   • Click on "Login" button to access your account.

2. Navigate to Withdrawal Page:

   • Hover over "Wallet" tab on the top menu bar.
   • Click on "Fiat and Spot" from the drop-down menu.
   • Click on "Withdraw" button.
   • Select the currency you want to withdraw on the left side panel.

3. Choose Withdrawal Method:

   • Choose "Bank Card (Visa/MasterCard)" or "Bank Transfer" as your withdrawal method.
   • For bank card withdrawal, select your preferred card from the list.
   • For bank transfer, enter your bank account details.

4. Enter Amount and Address:

   • Enter the amount of cash you want to withdraw in the "Amount" field.
   • Verify the withdrawal address displayed for your chosen method.

5. Verify Withdrawal:

   • Check all the details carefully, including the withdrawal amount, address, and the chosen method.
   • Input the verification code sent to your email or mobile number for security purposes.
   • Click on "Confirm Withdrawal" button to initiate the withdrawal process.

FAQs:

Q1. What is the minimum and maximum amount I can withdraw?

A1. The minimum and maximum withdrawal amounts vary depending on the chosen withdrawal method and your account level. You can check the withdrawal limits on the Binance website or mobile app.

Q2. How long does it take for my withdrawal to be processed?

A2. Bank card withdrawals are usually processed within 24 hours, while bank transfers may take 1-3 business days, depending on the bank and the amount being withdrawn.

Q3. Why is my withdrawal on hold?

A3. Your withdrawal may be on hold for various reasons, such as account security verification, compliance checks, or if your daily withdrawal limit has been reached. Contact Binance customer support for further assistance.

Q4. What are the withdrawal fees?

A4. Withdrawal fees vary depending on the chosen withdrawal method and the currency being withdrawn. Binance charges small fees for withdrawals; you can check the exact fees on the withdrawal page.

Q5. Can I withdraw cash from Binance to my PayPal account?

A5. Currently, Binance does not support direct cash withdrawals to PayPal accounts. You would need to withdraw cash to a bank account or supported crypto-to-fiat platform first and then transfer the funds to PayPal.