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Ultimate Guide: How to Withdraw Crypto & Cash from Binance to Your Bank Account (2025)

Ultimate Guide: How to Withdraw Crypto & Cash from Binance to Your Bank Account (2025)

Author:
H0ldM4st3r
Published:
2025-07-07 17:16:03
4
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Need to cash out your crypto gains or transfer funds from Binance? This comprehensive guide breaks down every step – from withdrawing bitcoin to converting USDT into fiat. We’ll cover Binance withdrawal fees, processing times, limits, and troubleshooting tips. Whether you’re using Binance.com or Binance.US, you’ll master withdrawals like a pro.

How to Withdraw Money from Binance?

Withdrawing fiat currency from Binance requires converting crypto to cash first. Here’s the detailed process:

  1. Log in to your Binance account via web or mobile app
  2. Navigate to Wallet > Overview to view your balances
  3. Convert crypto to fiat:
    • Go to Buy Crypto > Buy & Sell
    • Select your crypto asset and fiat currency (e.g., BTC to USD)
    • Enter the amount to convert
  4. Withdraw fiat:
    • Click Withdraw and select Fiat
    • Choose bank transfer as payment method
    • Enter bank details (account/routing numbers)
    • Input withdrawal amount
    • Complete 2FA verification

Pro Tip: Withdrawal processing times vary by bank – typically 1-5 business days. For fastest processing, initiate withdrawals early in the business week.

Binance fiat withdrawal interface

How to Withdraw USDT from Binance to Bank Account?

Converting USDT to fiat requires an extra step since Binance doesn’t directly support USDT-to-bank withdrawals:

Method 1: Direct Conversion

  1. Go to Buy Crypto > Buy & Sell
  2. Select USDT as the selling currency
  3. Choose your bank account as payment method
  4. Enter the USDT amount to convert
  5. Verify transaction details and confirm

Method 2: P2P Trading (Alternative)

If direct conversion isn’t available in your region:

  1. Access Binance P2P marketplace
  2. Create sell order for USDT
  3. Set bank transfer as payment method
  4. Match with verified buyer
  5. Complete trade after receiving bank payment

Note: P2P trades settle instantly but require vetting trading partners. Always check buyer ratings and trade history.

Binance P2P trading interface

Binance Withdrawal Fees Explained

Binance charges different fees based on withdrawal type and network:

Asset Network Fee
Bitcoin (BTC) BTC Network 0.00003 BTC (~$2.75)
Ethereum (ETH) ERC-20 0.00048 BTC (~$4.40)
USD ACH (Binance.US) Free
USD Wire Transfer $25

Source: Binance Fee Schedule (July 2025)

Binance Withdrawal Limits

Your withdrawal capacity depends on verification level:

  • Basic Verification: 8,000,000 BUSD daily
  • Full KYC (Binance.US): $1,000,000 daily via wire
  • Enterprise Accounts: Custom limits available

Note: Limits may vary by jurisdiction. Check your account’s specific limits under.

Troubleshooting Binance Withdrawals

Common withdrawal issues and solutions:

Why Can’t I Withdraw from Binance?

  • Unverified Account: Complete KYC requirements
  • Pending Deposits: Wait for blockchain confirmations
  • Platform Maintenance: Check Binance status page
  • Insufficient Funds: Account for withdrawal fees
  • Regional Restrictions: Some methods unavailable in certain countries

How to Verify Withdrawal Status?

  1. Check Wallet > Transaction History
  2. Locate withdrawal and note TxID
  3. Search TxID on blockchain explorer (e.g., Etherscan for ETH)
  4. Confirm network confirmations

Binance withdrawal history interface

FAQ: Binance Withdrawals

How long do Binance withdrawals take?

Crypto withdrawals typically process in 10-30 minutes (network dependent). Fiat withdrawals take 1-5 business days via bank transfer.

What’s the cheapest way to withdraw BTC from Binance?

Using Lightning Network (0.000001 BTC fee) when available, otherwise BEP20 network (0.0000066 BTC).

Can I withdraw from Binance to PayPal?

Not directly. You’ll need to withdraw to bank first, then transfer to PayPal.

Why is my Binance withdrawal pending?

Possible reasons include security review, network congestion, or incomplete verification steps.

How to increase Binance withdrawal limits?

Complete advanced verification (KYC) and consider enterprise account for institutional needs.

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