How to withdraw crypto directly in bank account as fiat (rs. or $)
1. The cryptos can be available in any wallet like funding wallet, spot wallet, earn wallet, etc. to withdraw directly into bank account, we need the crypto in funding wallet (which can be transferred from other wallets without any fee).
2. if you have multiple cryptos, convert them all into usdt.
3. Now go to p2p trading from menu and select 'sell' option. Search for the appropriate buyer of your crypto by seeing their conversion rates, how much money they can pay you upto, and upto how much crypto they can buy (it is shown in ranges).
4. Select the right buyer accordingly and click sell. Enter your crypto amount and initiate the transaction.
5. Now wait for buyer to pay you money in your bank account.
6. After you receive money, confirm the payment. Binance will ask for an authenticator app (Google Authenticator) to be enabled for security. Enable it and it will give you a 6digit code to be provided in binance crypto release page. But before that, binance will give you a long code to be pasted in authenticator to generate your 6 digit code.
7. Put the code in binance crypto release page and release the crypto.
