Binance, the world’s largest cryptocurrency exchange, empowers millions of users to manage digital assets with ease. Whether you’re a beginner or an experienced trader, knowing how to safely transfer your crypto earnings into your bank account is essential.

This simplified guide walks you through the step-by-step process of withdrawing fiat currency from Binance directly to your bank account.

✅ Step 1: Complete Identity Verification (KYC)

Before initiating a fiat withdrawal, you must complete Binance's Know Your Customer (KYC) verification.

Here’s how to verify your identity:

  • Log in to your Binance account

  • Go to Profile > Identification

  • Submit a valid ID (passport, national ID, or driver’s license)

  • Complete facial verification via selfie or camera

  • Wait for approval (typically completed within minutes to a few hours)

🔐 Note: KYC is mandatory for all fiat withdrawals.

Once verified, connect your personal bank account to Binance for secure withdrawals.

  • Steps to link your bank:

  • Navigate to Wallet > Fiat and Spot

  • Click Withdraw > Fiat

  • Choose your local currency (USD, EUR, PKR, etc.)

  • Select Bank Transfer as the withdrawal method

  • Enter your bank account details (IBAN, SWIFT, account number)

  • Save and verify the information

⚠️ Make sure the bank account name matches your Binance profile name to avoid transfer issues.

💰 Step 3: Enter the Withdrawal Amount

When you're ready to withdraw:

  • Go to Wallet > Fiat and Spot

  • Click Withdraw > Fiat

  • Choose the currency and method (e.g., Bank Transfer)

  • Enter the desired withdrawal amount

  • Review applicable transaction fees and net amount

🔍 Step 4: Confirm Withdrawal Details

Before you finalize:

  • Double-check your bank account details

  • Ensure the correct currency and method are selected

  • Review fees and estimated processing time

  • Once everything looks good, click Submit.

🔐 Step 5: Authenticate the Withdrawal

For your security, Binance requires two verification steps:

📧 Email Code – sent to your registered email

📱 2FA Code – sent via SMS or an authenticator app

Enter both codes to authorize the transaction.

⏳ Step 6: Wait for Processing

After confirming, Binance begins processing the withdrawal:

  • Domestic transfers: 1–3 business days

  • International transfers: 3–5 business days

  • Binance will notify you by email once the funds are sent

🏁 Step 7: Verify Receipt in Your Bank Account

Once the expected time has passed:

  • Log into your bank’s app or online banking

  • Confirm the funds have been received

  • If delayed, contact your bank or Binance Support

💡 Pro Tips for Smooth Withdrawals

Complete full KYC for higher limits and fewer restrictions

Always review fees, currency selection, and account info before confirming

Use Binance P2P as an alternative in regions where direct withdrawal is slow

Avoid repeated errors by saving verified bank details

⚠️ Common Issues & Quick Fixes

Issue Solution

Bank not linked Go to Withdraw > Fiat and add your bank

Funds delayed Wait up to 5 business days, then contact Binance Support

Wrong account info Cancel and resubmit with correct bank details

Withdrawal limit exceeded Complete advanced KYC to raise limits

🧾 Final Thoughts

Withdrawing fiat from Binance is a simple and secure process—as long as you follow each step carefully. Make sure your identity is verified, your bank account is properly linked, and you double-check all details before submitting.

Should any problems arise, Binance’s 24/7 support is always available to assist you.

Happy trading and safe withdrawals! 🚀

📌 Security Reminders

  • Never share your password or 2FA codes

  • Use only official Binance websites and apps

  • Monitor email and app notifications for all withdrawal activities

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