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How to Withdraw Money Directly to Your Bank Using Binance?
1. Withdraw Via “Send Cash” (Direct Bank Transfer Through Binance)
This method allows you to send crypto like USDT to your local bank account using Binance’s internal payment services.
Steps:
1. Open your Binance app.
2. Go to the “More” section from the homepage.
3. Under the “Finance” or “#pay ” section, choose “Send Cash” (available in some regions like Africa, Southeast Asia, etc.).
4. Select your local currency and bank destination.
5. Enter the amount you want to receive in your local currency. Binance will automatically show you:
How much USDT you need to send to receive that amount.
The exchange rate and fee (if any).
6. Confirm and send the required USDT.
7. Binance will process the fiat withdrawal to your bank account, often within a few minutes to hours.
This is a convenient and fairly quick method if Binance supports fiat services in your country.
2. Withdraw via #P2P (Peer-to-Peer) Selling
This method involves selling your USDT directly to another Binance user in exchange for your local currency, which they transfer directly to your bank account or mobile money.
Steps:
1. Open the Binance app and tap on “P2P” (found under the “Trade” tab).
2. Select “#sell ”, then choose #USDT .
3. Set the currency to your local fiat (e.g., #GBP for United Kingdom).
4. Browse through offers and pick a competitive rate with a trusted buyer (check their completion rate and reviews).
5. Enter the amount of USDT you want to sell and confirm the order.
6. Share your bank or payment details with the buyer (as required).
7. Once they send the money to your account, confirm you’ve received the payment.
8. Then, release the #USDT to complete the transaction.
#P2P allows more control over pricing, but you must be cautious and verify payment before releasing crypto.
If you need further guidance, I will post the basic must-know information about Binance.
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This method allows you to send crypto like USDT to your local bank account using Binance’s internal payment services.
Steps:
1. Open your Binance app.
2. Go to the “More” section from the homepage.
3. Under the “Finance” or “#pay ” section, choose “Send Cash” (available in some regions like Africa, Southeast Asia, etc.).
4. Select your local currency and bank destination.
5. Enter the amount you want to receive in your local currency. Binance will automatically show you:
How much USDT you need to send to receive that amount.
The exchange rate and fee (if any).
6. Confirm and send the required USDT.
7. Binance will process the fiat withdrawal to your bank account, often within a few minutes to hours.
This is a convenient and fairly quick method if Binance supports fiat services in your country.
2. Withdraw via #P2P (Peer-to-Peer) Selling
This method involves selling your USDT directly to another Binance user in exchange for your local currency, which they transfer directly to your bank account or mobile money.
Steps:
1. Open the Binance app and tap on “P2P” (found under the “Trade” tab).
2. Select “#sell ”, then choose #USDT .
3. Set the currency to your local fiat (e.g., #GBP for United Kingdom).
4. Browse through offers and pick a competitive rate with a trusted buyer (check their completion rate and reviews).
5. Enter the amount of USDT you want to sell and confirm the order.
6. Share your bank or payment details with the buyer (as required).
7. Once they send the money to your account, confirm you’ve received the payment.
8. Then, release the #USDT to complete the transaction.
#P2P allows more control over pricing, but you must be cautious and verify payment before releasing crypto.
If you need further guidance, I will post the basic must-know information about Binance.
Follow me
#GBP
GBP/USD clings to daily gains near 1.3250 #Greater2025 and #Pound
Despite the marked pullback in the US Dollar, GBP/USD now trims part of its earlier advance to the vicinity of 1.3300 the figure, or multi-month highs, as investors digest easing inflationary pressures in the UK ahead of Powell’s speech. #MetaplanetBTCPurchase
GBP/USD clings to daily gains near 1.3250 #Greater2025 and #Pound
Despite the marked pullback in the US Dollar, GBP/USD now trims part of its earlier advance to the vicinity of 1.3300 the figure, or multi-month highs, as investors digest easing inflationary pressures in the UK ahead of Powell’s speech. #MetaplanetBTCPurchase
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JPMorgan Expands Kinexys to Support British Pound: Can the Blockchain Payment Revolution Overthrow Stablecoins?
On April 14, 2025, JPMorgan – one of the largest banks in the world – announced the expansion of its blockchain-based payment service Kinexys to support accounts in British pounds (#GBP ), adding to the existing options of US dollars (USD) and euros (#EUR ). This move not only marks a new step in the bank's blockchain strategy but also poses a challenge to the dominance of USD-based stablecoins. Can Kinexys change the game in the global payment industry? Let’s analyze in detail.
JPMorgan is stepping up its crypto game — and now it's bringing the British pound along for the ride.
The banking giant has officially launched GBP-based blockchain payments, giving corporate clients the ability to send cross-border transfers around the clock. This new service expands on existing euro and US dollar blockchain payment options.
Powered by JPMorgan’s blockchain unit Kinexys (formerly Onyx), the move introduces real-time GBP deposit accounts in the UK — a major step in modernizing global money flows.
With the new system, clients can now move money in GBP, EUR, or USD anytime — even on weekends — with instant currency conversions and faster settlements.
Is this the future of banking? JPMorgan seems to think so.
What do you think — will other banks follow?👇
#Blockchain #JPMorgan #GBP #CryptoPayments #Fintech
The banking giant has officially launched GBP-based blockchain payments, giving corporate clients the ability to send cross-border transfers around the clock. This new service expands on existing euro and US dollar blockchain payment options.
Powered by JPMorgan’s blockchain unit Kinexys (formerly Onyx), the move introduces real-time GBP deposit accounts in the UK — a major step in modernizing global money flows.
With the new system, clients can now move money in GBP, EUR, or USD anytime — even on weekends — with instant currency conversions and faster settlements.
Is this the future of banking? JPMorgan seems to think so.
What do you think — will other banks follow?👇
#Blockchain #JPMorgan #GBP #CryptoPayments #Fintech
JPMorgan is stepping up its crypto game — and now it's bringing the British pound along for the ride.
The banking giant has officially launched GBP-based blockchain payments, giving corporate clients the ability to send cross-border transfers around the clock. This new service expands on existing euro and US dollar blockchain payment options.
Powered by JPMorgan’s blockchain unit Kinexys (formerly Onyx), the move introduces real-time GBP deposit accounts in the UK — a major step in modernizing global money flows.
With the new system, clients can now move money in GBP, EUR, or USD anytime — even on weekends — with instant currency conversions and faster settlements.
Is this the future of banking? JPMorgan seems to think so.
What do you think — will other banks follow?👇
#Blockchain #JPMorgan #GBP #CryptoPayments #Fintech
The banking giant has officially launched GBP-based blockchain payments, giving corporate clients the ability to send cross-border transfers around the clock. This new service expands on existing euro and US dollar blockchain payment options.
Powered by JPMorgan’s blockchain unit Kinexys (formerly Onyx), the move introduces real-time GBP deposit accounts in the UK — a major step in modernizing global money flows.
With the new system, clients can now move money in GBP, EUR, or USD anytime — even on weekends — with instant currency conversions and faster settlements.
Is this the future of banking? JPMorgan seems to think so.
What do you think — will other banks follow?👇
#Blockchain #JPMorgan #GBP #CryptoPayments #Fintech
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As a result of the UK annual house price index being higher than expected (expected 4.2% / announced 4.3%), slight upward movements can be expected for £ / GBP against € / EURO.
On the other hand, Germany's trade data were negatively affected in July, contrary to expectations. Germany's trade balance was realized as 21.0B expected / 16.8B announced in July. Although limited, some decline may be observed for €/EURO against £/GBP. It is being watched closely.
#gbp #usdt #euro
As a result of the UK annual house price index being higher than expected (expected 4.2% / announced 4.3%), slight upward movements can be expected for £ / GBP against € / EURO.
On the other hand, Germany's trade data was negatively affected in July, contrary to expectations. Germany's trade balance in July was realized as expected 21.0B / announced 16.8B. Although limited, a slight decline can be observed for €/EURO against £/GBP. Closely monitored.
On the other hand, Germany's trade data were negatively affected in July, contrary to expectations. Germany's trade balance was realized as 21.0B expected / 16.8B announced in July. Although limited, some decline may be observed for €/EURO against £/GBP. It is being watched closely.
#gbp #usdt #euro
As a result of the UK annual house price index being higher than expected (expected 4.2% / announced 4.3%), slight upward movements can be expected for £ / GBP against € / EURO.
On the other hand, Germany's trade data was negatively affected in July, contrary to expectations. Germany's trade balance in July was realized as expected 21.0B / announced 16.8B. Although limited, a slight decline can be observed for €/EURO against £/GBP. Closely monitored.
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Check it out 😅�
The Bank of England's decision to postpone the interest rate decision due to Taylor Swift's concert in London is an important strategic move. Major events, such as high-profile concerts, attract significant public and media attention that can overshadow major economic announcements. By postponing the interest rate decision, the Bank of England is ensuring that policy updates are received with due attention and analysis by the public, investors and the media.
There is also the possibility that the concert will affect logistics such as traffic and public transport in London. This could make it difficult for Monetary Policy Committee members, analysts, and journalists to meet and communicate effectively. These practical reasons are an additional factor supporting the rescheduling of the announcement.
#Bitcoin #dxy #gbp #BinanceHerYerde
The Bank of England's decision to postpone the interest rate decision due to Taylor Swift's concert in London is an important strategic move. Major events, such as high-profile concerts, attract significant public and media attention that can overshadow major economic announcements. By postponing the interest rate decision, the Bank of England is ensuring that policy updates are received with due attention and analysis by the public, investors and the media.
There is also the possibility that the concert will affect logistics such as traffic and public transport in London. This could make it difficult for Monetary Policy Committee members, analysts, and journalists to meet and communicate effectively. These practical reasons are an additional factor supporting the rescheduling of the announcement.
#Bitcoin #dxy #gbp #BinanceHerYerde
🚀 Kraken Partners with ClearBank to Boost GBP Transactions for UK Clients!
🔹 Kraken, one of the world’s leading cryptocurrency exchanges, has secured a major partnership with ClearBank, a regulated UK-based clearing bank, to provide GBP clearing services for its British users. This move follows Kraken’s recent acquisition of an Electronic Money Institution (EMI) license through its entity Payward Services.
💡 Why This Matters
✅ UK Kraken users can now enjoy faster and more secure GBP transactions.
✅ ClearBank will serve as Kraken’s primary UK banking partner, ensuring efficient GBP deposits and withdrawals.
✅ This deal strengthens ClearBank’s position in the crypto market, having previously handled client money accounts for Crypto Facilities Limited, a subsidiary of Kraken.
📢 ClearBank’s Take on the Partnership
ClearBank’s Chief Customer Officer, John Salter, expressed enthusiasm for the collaboration, highlighting that both companies share “similar ambitious long-term growth plans.”
🔍 ClearBank’s Crypto Journey
ClearBank isn’t new to crypto. Back in 2018, it partnered with London Block Exchange, the UK’s first dedicated crypto exchange, to enable seamless digital currency transactions for British customers.
💰 Kraken’s Big Expansion Plans
Kraken is reportedly seeking to raise up to $1 billion in debt financing as it eyes a potential IPO (Initial Public Offering). The exchange has tapped Goldman Sachs and JPMorgan Chase to explore this move, with the funding aimed at expansion rather than covering operational costs.
🔥 What’s Next?
With this GBP banking integration, Kraken is positioning itself as a dominant force in the UK crypto market. But will this partnership pave the way for a full-scale IPO?
Drop your thoughts below! ⬇️
#Kraken #ClearBank #Crypto #GBP #Banking
🔹 Kraken, one of the world’s leading cryptocurrency exchanges, has secured a major partnership with ClearBank, a regulated UK-based clearing bank, to provide GBP clearing services for its British users. This move follows Kraken’s recent acquisition of an Electronic Money Institution (EMI) license through its entity Payward Services.
💡 Why This Matters
✅ UK Kraken users can now enjoy faster and more secure GBP transactions.
✅ ClearBank will serve as Kraken’s primary UK banking partner, ensuring efficient GBP deposits and withdrawals.
✅ This deal strengthens ClearBank’s position in the crypto market, having previously handled client money accounts for Crypto Facilities Limited, a subsidiary of Kraken.
📢 ClearBank’s Take on the Partnership
ClearBank’s Chief Customer Officer, John Salter, expressed enthusiasm for the collaboration, highlighting that both companies share “similar ambitious long-term growth plans.”
🔍 ClearBank’s Crypto Journey
ClearBank isn’t new to crypto. Back in 2018, it partnered with London Block Exchange, the UK’s first dedicated crypto exchange, to enable seamless digital currency transactions for British customers.
💰 Kraken’s Big Expansion Plans
Kraken is reportedly seeking to raise up to $1 billion in debt financing as it eyes a potential IPO (Initial Public Offering). The exchange has tapped Goldman Sachs and JPMorgan Chase to explore this move, with the funding aimed at expansion rather than covering operational costs.
🔥 What’s Next?
With this GBP banking integration, Kraken is positioning itself as a dominant force in the UK crypto market. But will this partnership pave the way for a full-scale IPO?
Drop your thoughts below! ⬇️
#Kraken #ClearBank #Crypto #GBP #Banking
🔴 Wednesday #ForexNews
🛜 ANNUAL BUDGET RELEASE
#CPI #Federal_Fund #Inflation #BTC #Xrp🔥🔥 #ETH #SEC #PPI #BOJ #EUR #unemployment #ETF #USD #CNY #Blockchain #ADA #HBAR #SOL #Altcoins #Retail #NZD #GBP #CAD #Retail #JPY
🛜 ANNUAL BUDGET RELEASE
#CPI #Federal_Fund #Inflation #BTC #Xrp🔥🔥 #ETH #SEC #PPI #BOJ #EUR #unemployment #ETF #USD #CNY #Blockchain #ADA #HBAR #SOL #Altcoins #Retail #NZD #GBP #CAD #Retail #JPY
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#TrumpTariffs
💸#British Pound against 💵 #US Dollar increased by 1.5% which is the highest growth since November 2023✔️
#GBP #USDT
#sanor016CommUNITY #BTC $BTC
💸#British Pound against 💵 #US Dollar increased by 1.5% which is the highest growth since November 2023✔️
#GBP #USDT
#sanor016CommUNITY #BTC $BTC
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US-EU Auto Trade War: Impact on GBP/USD Exchange Rate? 🚗💰
The European Union (EU) expressed regret over the US decision to impose a 25% tariff on imported cars, while declaring it will protect its businesses and workers. This move by President Trump is forecasted to have the strongest impact on European car manufacturers, increasing trade tensions between the two regions.
In light of these fluctuations, the foreign exchange market has seen notable reactions. The British pound (#GBP ) continues to rise against the USD, with the GBP/USD exchange rate increasing from 1.21 to 1.30 in just the first three months of 2025 (according to data from #FXCE ). This reflects investor confidence in the UK's economic policy, especially in the context where the euro could face pressure if US-EU trade tensions escalate.
The US tightens trade policies, Europe faces difficulties, while the UK may benefit indirectly if investors turn to GBP as an alternative option in the European region. 💹
The European Union (EU) expressed regret over the US decision to impose a 25% tariff on imported cars, while declaring it will protect its businesses and workers. This move by President Trump is forecasted to have the strongest impact on European car manufacturers, increasing trade tensions between the two regions.
In light of these fluctuations, the foreign exchange market has seen notable reactions. The British pound (#GBP ) continues to rise against the USD, with the GBP/USD exchange rate increasing from 1.21 to 1.30 in just the first three months of 2025 (according to data from #FXCE ). This reflects investor confidence in the UK's economic policy, especially in the context where the euro could face pressure if US-EU trade tensions escalate.
The US tightens trade policies, Europe faces difficulties, while the UK may benefit indirectly if investors turn to GBP as an alternative option in the European region. 💹
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