How to Withdraw Funds from Binance to Your Bank Account – A Simple & Trendy Guide
With Binance being a global leader in cryptocurrency trading, it's crucial to know how to cash out your earnings. Whether you're a crypto pro or just starting, this step-by-step guide will help you withdraw funds from Binance to your bank account seamlessly.
Step 1: Verify Your Identity (KYC) – No Verification, No Withdrawal!
Before you can withdraw, Binance needs you to complete Know Your Customer (KYC) verification. This ensures compliance with anti-money laundering (AML) regulations.
Log in to your Binance account.
Head to Profile → Identity Verification.
Upload a government-issued ID (passport, national ID, or driver’s license) & a selfie for confirmation.
Wait for approval (this can take minutes or hours, depending on Binance’s processing speed).
Once approved, you’re good to go! 🎉
Step 2: Link Your Bank Account – Secure Your Transfer
Your money needs a destination! Before withdrawing, make sure your bank account is properly linked:
Go to: Wallet → Fiat and Spot → Withdraw.
Select "Fiat" as the withdrawal option.
Choose your currency (USD, EUR, GBP, etc.).
Select "Bank Transfer" as your withdrawal method.
If your bank isn’t linked yet, Binance will prompt you to add it. Enter your account number, routing number, and any required details.
Once linked, your bank is ready to receive funds!
Step 3: Set Your Withdrawal Amount
Time to cash out! 💰