💸 How to Withdraw Funds from Binance to Your Bank Account: A Step-by-Step Guide (2025)
Binance is the world’s leading cryptocurrency exchange, empowering millions to buy, trade, and manage digital assets. Whether you're a beginner or an experienced trader, understanding how to withdraw your funds from Binance to your bank account is essential.
In this guide, you'll learn how to move your crypto earnings into fiat and have them land safely in your bank account.
✅ Step 1: Complete Identity Verification (KYC)
Before initiating a fiat withdrawal, you must complete KYC (Know Your Customer) verification.
To complete KYC:
➺ Log in to your Binance account
➺ Go to Profile > Identification
➺ Submit your ID (passport, national ID, or driver’s license)
➺ Upload a selfie or complete facial verification
➺ Wait for approval (usually takes a few minutes to a few hours)
🔒 Note: KYC is mandatory for all fiat withdrawals.
🏦 Step 2: Link Your Bank Account
Once your identity is verified, link your bank account to Binance.
Steps to link your bank:
➺ Go to Wallet > Fiat and Spot
➺ Click Withdraw > choose Fiat
➺ Select your local currency (e.g., USD, EUR, PKR)
➺ Choose Bank Transfer
➺ Enter your bank details (account number, SWIFT/IBAN, etc.)
➺ Save and verify the information
⚠️ The bank account name must match your Binance profile name.
💰 Step 3: Choose the Withdrawal Amount
Now you're ready to withdraw.
➺ Go to Wallet > Fiat and Spot
➺ Click Withdraw > select Fiat
➺ Choose your currency and Bank Transfer
➺ Enter the amount you want to withdraw
➺ Review the fees and net amount shown before submitting
🔍 Step 4: Confirm Your Withdrawal
Double-check all withdrawal details:
➺ Make sure bank account info is correct
➺ Confirm the selected currency
➺ Review withdrawal fees and estimated arrival time
Once satisfied, click Submit.
🔐 Step 5: Verify Your Withdrawal Request
To protect your account, Binance will ask you to verify your transaction:
➺ 📧 Email Code – Sent to your registered email
➺ 📱 2FA Code – Via SMS or authenticator app
Enter both codes to confirm the withdrawal.
⏳ Step 6: Wait for the Funds
Binance will begin processing your transaction.
➺ Local transfers: usually 1–3 business days
➺ International transfers: may take 3–5 business days
➺ You’ll receive a confirmation email once the funds are sent
🏁 Step 7: Check Your Bank Account
Once processing is complete:
➺ Log in to your bank’s app or online banking
➺ Check if the funds have been credited
➺ If delayed, contact your bank or Binance Support
💡 Tips for Smooth Withdrawals
➺ Complete full KYC to unlock higher withdrawal limits
➺ Review all fees before submitting any request
➺ Use Binance P2P for quicker withdrawals in some regions
➺ Always verify bank details before proceeding
⚠️ Common Withdrawal Issues
Problem Solution
Bank not linked ➺ Go to Withdraw > Fiat and add your bank
Funds delayed ➺ Wait up to 5 business days, then contact Support
Wrong details ➺ Cancel and re-submit with the correct info
Limits exceeded ➺ Complete full KYC to increase your limits
🧾 Final Thoughts
Withdrawing from Binance to your bank is a smooth and secure process when the correct steps are followed. Make sure your bank details are correct, your KYC is approved, and your account has 2FA enabled.
For any issues, Binance provides 24/7 customer support.
Happy trading! 🚀
📌 Stay Safe
➺ Don't share your password or 2FA codes
➺ Bookmark official Binance links to avoid scams
➺ Monitor your email and app notifications for updates
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