Withdrawing crypto profits into your bank account is a key part of managing your digital assets. This guide will walk you through the simple, secure steps to move your funds from Binance to your bank.
โ Step 1: Complete Identity Verification (KYC)
Before withdrawing fiat, Binance requires you to verify your identity.
How to complete KYC:
Log in to your Binance account
Go to Profile > Identification
Upload a valid ID (passport, national ID, or driverโs license)
Complete facial verification
Wait for approval (usually within minutes or a few hours)
> Note: KYC is mandatory for all fiat withdrawals.
๐ฆ Step 2: Link Your Bank Account
Once verified, link your bank account to Binance:
1. Go to Wallet > Fiat and Spot
2. Click Withdraw > Select Fiat
3. Choose your currency (e.g., USD, EUR, PKR)
4. Select Bank Transfer
5. Enter your account details (IBAN/SWIFT, etc.)
6. Save and verify
โ ๏ธ Your bank account name must match your Binance account name.
๐ฐ Step 3: Enter Withdrawal Amount
1. Go to Withdraw > Fiat
2. Select your preferred currency
3. Choose Bank Transfer
4. Enter the withdrawal amount
5. Review the fee and total amount
6. Proceed to the next step
๐ Step 4: Confirm Details
Double-check:
Bank account info
Currency selected
Withdrawal fees and estimated processing time
Click Submit when everything looks right.
๐ Step 5: Security Verification
To confirm the transaction, Binance will request:
๐ง An email verification code
๐ฑ A 2FA code (via SMS or authenticator app)
Enter both to finalize the request.
โณ Step 6: Processing Time
Binance will process the transaction:
Local transfers: 1โ3 business days
International: 3โ5 business days
Youโll receive a confirmation email when funds are sent
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๐ Step 7: Check Your Bank
Once processed:
Log in to your bank app or online banking
Confirm the funds are received
If delayed, contact your bank or Binance Support
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๐ก Pro Tips for Easy Withdrawals
Complete full KYC to unlock higher limits
Always check withdrawal fees before confirming
Try Binance P2P for faster local options in some regions
Double-check all banking details to avoid errors
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โ ๏ธ Common Issues & Fixes
Issue Solution
Bank not linked Add your bank in Withdraw > Fiat
Funds delayed Wait 3โ5 days, then contact Support
Wrong details Cancel and resubmit with correct info
Limits exceeded Complete full KYC
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๐งพ Final Thoughts
Withdrawing from Binance to your bank is easy if you follow the proper steps. Ensure your identity is verified, banking details are correct, and 2FA is enabled for extra security.
For any issues, Binance offers 24/7 customer support.
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๐ Stay Safe
Never share your password or 2FA codes
Use official Binance links only
Monitor notifications for transaction updates
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