How to withdraw from Binance !

Withdrawing USDT (Tether) from Binance to your bank account involves a few steps since you can’t directly transfer cryptocurrency like USDT to a bank account. You’ll need to convert USDT to a fiat currency (like USD, EUR, or your local currency) supported by Binance and then withdraw that fiat to your bank. Here’s a step-by-step guide to help you through the process as of April 5, 2025:
Step 1: Log In to Your Binance Account
Open the Binance app on your phone or visit the Binance website on your computer.Log in using your email/username and password. Complete any two-factor authentication (2FA) if enabled.
Step 2: Ensure Your Account Is Verified
Binance requires Know Your Customer (KYC) verification for fiat withdrawals. If you haven’t completed this, go to the “Profile” or “Account” section, select “Identification,” and upload the required documents (e.g., ID, proof of address). Verification may take a few minutes to a few hours.$USDC
Step 3: Convert USDT to Fiat Currency
Since banks don’t accept USDT directly, you need to sell your USDT for a fiat currency.Option 1: Spot TradingGo to “Wallet” > “Fiat and Spot” (or just “Spot” on the app).Find your USDT balance and click “Trade” or “Sell.”Select a trading pair like USDT/USD, USDT/EUR, or USDT/[your local currency] (availability depends on your region).Enter the amount of USDT you want to sell, review the exchange rate, and confirm the trade. The fiat amount will appear in your Fiat and Spot Wallet.$USDP Option 2: P2P TradingGo to “Trade” > “P2P” on the app or website.Select “Sell” and choose USDT.Browse buyers offering your preferred fiat currency and payment method (e.g., bank transfer). Check their ratings and completion rates for safety.Enter the amount of USDT to sell, confirm the trade, and wait for the buyer to send payment to your bank account. Once you verify the payment, release the USDT to the buyer.
Step 4: Withdraw Fiat to Your Bank Account
After converting USDT to fiat, go to “Wallet” > “Fiat and Spot.”Click “Withdraw” and select the “Fiat” tab (not “Crypto”).Choose the fiat currency you converted to (e.g., USD, EUR).Select a withdrawal method (e.g., bank transfer via SEPA, SWIFT, or local options depending on your region).Enter your bank details:Bank nameAccount numberRouting/SWIFT code (if required)Ensure the account name matches your Binance account name.Input the amount you want to withdraw and review any fees (fees vary by method and region—e.g., 1 EUR for SEPA, higher for SWIFT).Confirm the transaction with 2FA if prompted.
Step 5: Wait for Processing
Processing times depend on the withdrawal method:SEPA (Europe): 1-2 business daysSWIFT (international): 1-5 business daysLocal bank transfers: Minutes to a few days (region-specific)Check your bank account to confirm the funds arrive. You can track the withdrawal status in “Wallet” > “Transaction History.”
Tips and Things to Watch For
Fees: #Binance charges withdrawal fees for fiat transfers (e.g., no fee for some P2P trades, but bank transfers may cost a small amount). Check the fee schedule in the withdrawal section before confirming.Limits: Your daily withdrawal limit depends on your verification level (e.g., up to 8,000,000 USDT for regular users, higher for VIPs). Verify your account fully to avoid restrictions.Bank Compatibility: Some banks may flag or reject crypto-related transfers. Confirm with your bank beforehand.Double-Check Details: Incorrect bank info can delay or lose your funds. Verify everything before submitting.P2P Safety: If using P2P, only release USDT after confirming payment in your bank account. Stick to high-rated buyers.
By following these steps, you should be able to successfully withdraw USDT from Binance to your bank account. If you run into issues (e.g., delays beyond the expected time), contact #Binance support via the app or website. Always stay updated on Binance’s policies, as features and fees can change based on your location or platform updates.
$USTC