Turning Crypto into Cash: Your Smooth Binance-to-Bank Withdrawal Guide (2025)
So, you’ve stacked some crypto gains on Binance—now what? Time to bring those digital profits back to the real world. Here’s how to cash out to your bank account without hiccups, broken down like a pro.
First Things First: Prove It’s You
Binance won’t let you move fiat until you’ve completed KYC—think of it as a bouncer checking your ID before letting you into the cash-out club. Grab your passport or driver’s license, snap a selfie, and wait for the green light (usually minutes, but sometimes a few hours). No verification? No withdrawal. Simple.
Connect the Dots: Add Your Bank
Now, link your bank account like you’re pairing your favorite app. Head to Wallet > Fiat and Spot, hit Withdraw, and pick your currency (USD, EUR, etc.). Punch in those digits—account number, SWIFT/IBAN—and triple-check the name matches your Binance profile. One typo, and your money might take a detour to nowhere.
The Big Moment: Withdraw
Time to make it rain (in your bank account). Navigate back to Withdraw, select your currency and bank, then type in the amount. Binance will show you the fees upfront—no nasty surprises. Pro tip: If the fees sting, check if your region supports P2P for cheaper exits.
Double-Click Security
Binance isn’t letting your money leave without a fight. You’ll need two keys: a code from your email and a 2FA from your phone (SMS or Google Authenticator). Copy-paste those faster than a memecoin pump, and voilà—request submitted.
The Waiting Game
Now, patience. Local transfers? 1–3 business days. International? Stretch that to 3–5. Binance will email you when the money’s en route. If your bank app still shows nada after the deadline, nudge Support—but don’t panic. Banks move slower than a bear market sometimes.
Pro Hacks & Pitfalls
KYC = Higher Limits: Unlock bigger withdrawals by completing full verification.