Binance is the world’s leading cryptocurrency trading platform, empowering millions to buy, trade, and manage digital assets. Whether you are a beginner or a professional trader, understanding how to withdraw your funds from Binance to your bank account is essential.
In this guide, you will learn how to convert your earnings from cryptocurrencies into cash that safely arrives in your bank account.
✅ Step 1: Complete identity verification (KYC)
Before you begin withdrawing cash, you must complete the identity verification (KYC) process.
To complete KYC:
➺ Log in to your Binance account
➺ Go to profile > verification
➺ Provide an identification document (passport, national ID, or driver's license)
➺ Upload a personal photo or complete face verification
➺ Wait for approval (usually takes a few minutes to a few hours)
🔒 Note: KYC verification is mandatory for all cash withdrawals.
🏦 Step 2: Link your bank account
After verifying your identity, link your bank account to Binance.
Linking steps:
➺ Go to wallet > cash and spot
➺ Click withdraw and select cash
➺ Select your local currency (e.g., USD, EUR, PKR)
➺ Choose bank transfer
➺ Enter your bank account details (account number, SWIFT/IBAN, etc.)
➺ Save the information and verify it
⚠️ Alert: The bank account name must match the name registered on Binance.
💰 Step 3: Specify the withdrawal amount
You are now ready to withdraw.
**➺ Go to wallet > cash and spot
➺ Click withdraw and select cash
➺ Select the currency and bank transfer
➺ Enter the amount you wish to withdraw
➺ Review the fees and net amount before submission
🔍 Step 4: Confirm the withdrawal process
Review all details before submission:
➺ Ensure the bank account information is correct
➺ Verify the specified currency
➺ Review withdrawal fees and expected arrival time
After confirming, click send.
🔐 Step 5: Verify the withdrawal request
To protect your account, Binance will ask you to verify the process via:
➺ 📧 Email code - sent to your registered email
➺ 📱 Two-Factor Authentication (2FA) code - via SMS or Authenticator app
Enter the codes to confirm the withdrawal.
⏳ Step 6: Wait for the funds to arrive
Binance will begin processing the transfer:
➺ Domestic transfers: 1-3 business days
➺ International transfers: 3-5 business days
➺ You will receive a confirmation email after sending the funds
🏁 Step 7: Verify your bank account
After processing is complete:
➺ Log in to your bank's app or website
➺ Check the arrival of the funds
➺ In case of delay, contact your bank or Binance support
💡 Tips for a smooth withdrawal
➺ Complete full KYC to raise withdrawal limits
➺ Review all fees before submission
➺ Use P2P for faster withdrawals in some regions
➺ Always ensure your bank details are correct
⚠️ Common issues and their solutions
Problem Solution
Bank account not linked Go to withdrawal > cash and add your account
Delayed funds Wait 5 business days, then contact support
Incorrect data Cancel the request and resubmit with correct data
Exceeded limits Complete KYC to increase limits
🧾 In conclusion
Withdrawing funds from Binance to your bank account is a safe and easy process when following the correct steps. Make sure to:
✔ Accuracy of bank details
✔ KYC verification completed
✔ Enable Two-Factor Authentication (2FA)
For 24/7 support, contact Binance support.
Happy trading! 🚀
📌 Security tips
➺ Do not share your password or 2FA codes
➺ Save official links to avoid scams
➺ Check your email and app notifications for updates