Binance is a global leader in cryptocurrency trading, but knowing how to withdraw your funds is just as important as making profits. Whether you’re a beginner or an experienced trader, this step-by-step guide will walk you through the process of withdrawing funds from Binance to your bank account smoothly.

Step 1: Complete Identity Verification (KYC)

Before you can withdraw funds, Binance requires Know Your Customer (KYC) verification to comply with anti-money laundering (AML) regulations.

Log in to your Binance account.

Navigate to Profile → Identity Verification.

Upload a government-issued ID (passport, national ID, or driver’s license) and a selfie for confirmation.

Wait for approval—this may take a few minutes or several hours, depending on Binance’s processing time.

Once verified, you’re ready to proceed with withdrawals.

Step 2: Link Your Bank Account

Before withdrawing, ensure your bank account is linked to Binance:

Go to Wallet → Fiat and Spot → Withdraw.

Select "Fiat" as the withdrawal option.

Choose your currency (USD, EUR, GBP, etc.).

Select "Bank Transfer" as your withdrawal method.

If your bank is not yet linked, Binance will prompt you to add it. Enter your account number, routing number, and any required details.

Once linked, your bank account is ready to receive funds.

Step 3: Enter the Withdrawal Amount

Now that your bank account is set up, follow these steps:

Go to Wallet → Fiat and Spot → Withdraw.

Select your preferred currency (USD, EUR, GBP, etc.).

Enter the amount you wish to withdraw.

Step 4: Review and Confirm Your Withdrawal

Before submitting your request, double-check the following:

✅ Currency and Amount – Ensure you’re withdrawing the correct amount.

✅ Bank Details – Verify your account number and routing information.

✅ Withdrawal Fees – Binance charges a small fee, which varies based on your location and withdrawal method.

If everything looks correct, proceed by clicking Submit.

Step 5: Complete Security Verification

To ensure security, Binance requires verification before finalizing your withdrawal:

Email Confirmation – A verification code will be sent to your registered email.

Two-Factor Authentication (2FA) – If enabled, enter the code received via SMS or an authentication app.

Once verified, confirm your withdrawal request.

Step 6: Wait for Funds to Arrive

Processing times vary depending on your withdrawal method:

Bank Transfers: Typically take 1-5 business days.

Crypto to P2P: If selling via Binance P2P, funds can be received instantly.

Step 7: Verify Your Bank Account Balance

Once Binance processes your withdrawal, check your bank account for the funds. If you don’t receive the money within the expected timeframe, consider reaching out to Binance Support for assistance.

Pro Tips for Smooth Withdrawals

Higher Limits? Complete full KYC verification to increase withdrawal limits.

Understand Fees – Different withdrawal methods come with varying charges. Bank transfers usually have the lowest fees.

Need Faster Withdrawals? Try Binance P2P to sell crypto directly to buyers and receive payments via PayPal, WeChat, or cash.

Troubleshooting Withdrawal Issues

Bank Account Not Linked? Double-check your withdrawal settings and ensure your bank details are correct.

Withdrawal Delayed? High network congestion or additional security checks may cause delays. If necessary, contact Binance Support.

Wrong Details Entered? Incorrect banking information can cause withdrawal failures. Always review details before confirming.

Final Thoughts

Withdrawing funds from Binance is a straightforward process when you follow the correct steps. Keeping your account secure with strong passwords and two-factor authentication (2FA) is essential to protect your funds.

If you encounter any issues, Binance Support is available to help.

Happy trading and secure withdrawals!