how to withdraw money from binance wallet to bank account

Users of Binance, a prominent cryptocurrency exchange, can effortlessly transfer money to their bank accounts by following a straightforward step-by-step process that ensures security and timely fund reception.

Nov 01, 2024 at 10:27 pm

How to Withdraw Money from Binance Wallet to Bank Account

Binance, one of the world's largest cryptocurrency exchanges, allows users to withdraw funds to their bank accounts easily. Here's a step-by-step guide to help you through the process:

1. Link Your Bank Account:

Log in to your Binance account and click on "Fiat and Spot."
Select "Withdraw" > "Bank Card/Fiat."
Choose "Bank Transfer (USD)" or "Bank Transfer (EUR)."
Enter your bank details, including country, bank name, account number, and sort code.
Verify your account by following the instructions provided.

2. Initiate the Withdrawal:

Go back to the "Fiat and Spot" page.
Click on "Withdraw" > "Bank Card/Fiat."
Select "Bank Transfer" (the currency you linked in step 1).
Enter the withdrawal amount and bank account details (if not already provided).
Click "Continue" and confirm the withdrawal.

3. Security Verification:

You will be asked to provide security verification, such as:
- Two-factor authentication (2FA)
- SMS verification

4. Monitor the Withdrawal:

The withdrawal process can take several business days, depending on your bank.
You can track the status of your withdrawal in the "Transaction History" section.

5. Receive Funds:

Once the withdrawal is processed and cleared, you should receive the funds in your bank account.
Depending on your bank, you may receive a notification or the funds may be automatically deposited.

Tips:

Double-check all the details before initiating a withdrawal.
Make sure you enter the correct amount and bank account number.
If you encounter any problems, contact Binance customer support.

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