Binance Withdrawal options
Binance offers two main withdrawal options: crypto and fiat withdrawals, with the availability of fiat withdrawals subject to geographic location.
To gain a comprehensive understanding of the Binance platform, explore our in-depth review!
How to Withdraw Fiat from Binance to Bank
Binance allows users to convert their cryptocurrency and exchange it into fiat currencies such as Euros. Below you will find our step-by-step guide on how to withdraw fiat from Binance to your bank account.
Step 1: Visit the Fiat Withdrawal Page
Navigate to your “Dashboard” upon successful login.
From the “Dashboard”, Click on the “Withdraw” button.
Click on the “Withdraw Fiat” button from the “Withdraw Crypto” page.
Step 2: Select Fiat Currency and Withdrawal Method
Pick the fiat currency from the dropdown menu.
Select the withdrawal method based on your preferences, ensuring that the chosen fiat withdrawal option is supported in your country.
Step 3: Add Bank Account and Request Withdrawal
- For first-time users, include a new bank account to facilitate the withdrawal process.
- Initiate a withdrawal request after confirming all the necessary details, and ensure to verify security authentication to complete the withdrawal process.
How To Withdraw Crypto From Binance
Binance supports over 350+ cryptocurrencies for withdrawal, including but not limited to BTC, BNB, ETH, SOL, XEM, UMA, MANTA, and AVAX. Traders can track supported coins based on Hot Coins, New Listings, Top Gainers, and Top Volume categories. The networks on Binance include LIGHTNING (Lightning Network), BSC – BNB Smart Chain (BEP20), BNB – BNB Beacon Chain (BEP2), and ETH – Ethereum (ERC20).
Step 1: Login and Navigate to your “Dashboard”
Visit the official Binance page and log in or sign up for a new account.
Navigate to your “Dashboard” upon successful login.
Step 2: Choose Cryptocurrency and Network
From the “Dashboard”, Click on the “Withdraw” button to access the Withdraw Crypto page.
Choose your cryptocurrency from the list (e.g., BNB, BTC, USDT, ETH, AVAX, SOL).
Decide whether to send to a wallet address or a Binance user.
Enter the receiving wallet address or the recipient’s email/phone number/Pay ID.
Send to a Wallet Address
Send to Binance User
Select the preferred network for the transaction.
Step 3: Confirm Details and Withdraw
Enter the desired withdrawal amount and select the funding or trading account.
Confirm all details, including the withdrawal fee.
Click “Withdraw”.
Complete the withdrawal process by entering security verification details such as email, SMS, and 2FA as required.
Binance Fiat Withdrawals
Binance Fiat Withdrawal Methods
Binance provides multiple fiat withdrawal methods, such as Bank Transfer, Corporate Bank Transfer, P2P Express, Online Banking, Bank Card, and more. The availability of these methods may vary based on the user’s geographic location. The table below cover the supported fiat tokens and payment withdrawal methods on the Binance platform.
Explore our top best list for fiat to crypto exchanges
Supported Fiat Tokens | Payment Method for Withdrawal |
---|---|
ARS | Bank Transfer |
Argentine Peso | Corporate Bank Transfer |
P2P Express | |
AED | Bank Transfer (Al Salam Bank) |
United Arab Emirates dirham | Bank Transfer |
Online Banking | |
AUD | Buy Crypto with AUD |
Australian Dollar | |
Bank Transfer (TED) | |
BRL | Bank Transfer (PIX) |
Brazilian Real | Transferencia Banc谩ria ou PIX |
Corporate Bank Transfer (TED) | |
Corporate Bank Transfer (PIX) | |
Bank Card (BENEFIT) | |
BHD | Bank Transfer |
Bahraini Dinar | Bank Transfer (Al Salam Bank) |
Zen (corporate) | |
CZK | Zen |
Czech Koruny | |
exchange-fiat-cop-w-inswitch-ach | |
COP | exchange-fiat-cop-d-inswitch |
Colombian Peso | exchange-fiat-cop-w-inswitch-tr |
Bank Card (Visa锛 | |
EUR | Zen |
Euro | BANK TRANSFER ( SEPA ) |
Zen (corporate) | |
Open Banking (SEPA) | |
BANK TRANSFER (SEPA BY PAYMONADE) | |
EURPS | Bank Transfer (SEPA) |
EURPaysafe | |
GBP | Open Banking( SEPA) |
Pound Sterling | |
GHS | P2P Express |
Ghanaian cedi | |
Zen | |
HUF | Zen (corporate) |
Hungarian Forint | |
Tokocrypto (Bank transfer) | |
IDR | exchange-fiat-deposit-channel-IDR-transfi-wallet |
Indonesian Rupiah | exchange-fiat-deposit-channel-IDR-transfi-onlinebanking |
exchange-fiat-withdraw-channel-IDR-transfi-onlinebanking | |
exchange-fiat-withdraw-channel-IDR-transfi-wallet | |
JPY | exchange-fiat-channel-name-SBI-corp |
Japanese Yen | Bank Transfer (SBI) |
Online Banking (Freedom Bank) | |
KZT | Bank Card (Visa) |
Kazakhstani Tenge | Advcash Account Balance |
KWD | Bank Transfer |
Kuwaiti Dinar | |
MXN | exchange-fiat-mxn-d-inswitch |
Mexican Peso | |
NGN | Bank Transfer (Cashlink) |
Nigerian Naira | |
NZD | P2P Express |
New Zealand Dollar | |
OMR | Bank Transfer |
Oman Rial | |
exchange-fiat-deposit-channel-PHP-transfi-onlinebanking | |
PHP | exchange-fiat-withdraw-channel-PHP-transfi-wallet |
Philippine Peso | P2P Express |
exchange-fiat-withdraw-channel-PHP-transfi-onlinebanking | |
exchange-fiat-deposit-channel-PHP-transfi-wallet | |
PKR | P2P Express |
Pakistani Rupee | |
Zen | |
PLN | Zen (corporate) |
Polish Zlotych | |
Zen | |
RON | Zen (corporate) |
Romanian Lei | |
Payeer Account Balance | |
RUB | Advcash Account Balance |
Russian Ruble | |
SAR | P2P Express |
Saudi Riyal | |
Advcash Account Balance | |
TRY | Binance Transfer |
Turkish Lira | |
Bank Transfer (Al Salam Bank) | |
USD | exchange-fiat-channel-flowbank-name |
USD | P2P Express |
SettlePay Wallet | |
UAH | Card (C2C) |
Ukraine Hryvnia | GEO Pay |
P2P Express | |
UZS | P2P Express |
Uzbekistani Sum | |
VND | P2P Express |
Vietnamese Dong | |
ZAR | Online Banking |
South African Rand | Bank Transfer (EFT) |
Corporate Bank Transfer |
Binance Withdrawal Limits
Both crypto and fiat withdrawal limits are determined by the user’s VIP level. The 24-hour withdrawal limit for USDT on Binance ranges from 8,000,000 for Regular Users to a maximum of 96,000,000 for VIP levels 1-9, with higher VIP levels enjoying increased withdrawal limits.
VIP Level | 24H Withdrawal Limit(USDT) |
---|---|
Regular User | 8000000 |
VIP 1 | 8000000 |
VIP 2 | 8000000 |
VIP 3 | 8000000 |
VIP 4 | 16000000 |
VIP 5 | 24000000 |
VIP 6 | 40000000 |
VIP 7 | 64000000 |
VIP 8 | 80000000 |
VIP 9 | 96000000 |
Withdrawal Fees
Withdrawal fees for crypto vary based on the coin/token, network, minimum withdrawal amount, deposit fee, and withdrawal fee. Fiat withdrawal fees are determined by the supported fiat token, payment method for deposit, deposit fee, payment method for withdrawal, and withdrawal fee. For detailed information on fiat and crypto fee rates, refer to the official fee rate page on the Binance platform.
Crypto Withdrawal fees for Select Coins
Coin/Token | Full Name | Network | Minimum Withdrawal | Withdrawal Fee |
---|---|---|---|---|
1INCH | 1inch | BNB Smart Chain (BEP20) | 1.64 | 0.82 |
Ethereum (ERC20) | 58 | 29 | ||
1000SATS | 1000*SATS (Ordinals) | ORDI-BRC20 | 250000 | 50000 |
AGLD | Adventure Gold | Ethereum (ERC20) | 20 | 10 |
ATEM | ATEM | BNB Smart Chain (BEP20) | 0.5 | 0.2 |
Ethereum (ERC20) | 1 | 0.4 | ||
AUDIO | Audius | Ethereum (ERC20) | 134 | 67 |
AVAOLD | Travala.com | BNB Smart Chain (BEP20) | 1.18 | 0.59 |
BNB Beacon Chain (BEP2) | 0.5 | 0.25 | ||
Ethereum (ERC20) | 40 | 20 | ||
AI | Sleepless AI | BNB Smart Chain (BEP20) | 0.56 | 0.28 |
AR | Arweave | Arweave | 0.1 | 0.03 |
ACA | Acala Token | Acala | 0.42 | 0.21 |
ARDR | Ardor | Ardor | 4 | 2 |
ACE | Fusionist | BNB Smart Chain (BEP20) | 0.084 | 0.042 |
Endurance | 0.1 | 0.01 | ||
ACH | Alchemy Pay | Ethereum (ERC20) | 1380 | 690 |
ACM | AC Milan Fan Token | Chiliz Chain (CAP20) | 1 | 0 |
ADA | Cardano | BNB Smart Chain (BEP20) | 1.4 | 0.7 |
Cardano | 2 | 0.8 | ||
BNB Beacon Chain (BEP2) | 0.58 | 0.29 | ||
ADX | AdEx | BNB Smart Chain (BEP20) | 4 | 2 |
Ethereum (ERC20) | 144 | 72 |
Fiat Fees
Binance imposes varying withdrawal fees for fiat currencies. With a focus on EUR, USD, and GBP, withdrawal fees for Euro transactions depend on the method, ranging from zero for internal transfers to 1.00% for Bank Transfer (SEPA). For Pound Sterling, Open Banking (SEPA) incurs a fee of 0.5GBP, while USD withdrawals through SettlePay Wallet, P2P Express, and Binance Transfer are fee-free.
Supported Fiat Tokens | Payment Method for Withdrawal | Withdrawal Fee |
---|---|---|
ARS | Bank Transfer | 1.00% |
Argentine Peso | Corporate Bank Transfer | 0 |
P2P Express | Not available | |
AED | Bank Transfer (Al Salam Bank) | 160AED |
United Arab Emirates Dirham | Bank Transfer | 120AED |
Online Banking | Not available | |
AUD | Buy Crypto with AUD | Not available |
Australian Dollar | ||
Bank Transfer (TED) | Not available | |
BRL | Bank Transfer (PIX) | 3.5BRL |
Brazilian Real | Transferencia Banc谩ria ou PIX | 60BRL |
Corporate Bank Transfer (TED) | Not available | |
Corporate Bank Transfer (PIX) | Not available | |
Bank Card (BENEFIT) | Not available | |
BHD | Bank Transfer | 0.15BHD |
Bahraini Dinar | Bank Transfer (Al Salam Bank) | 6BHD |
Zen (corporate) | 125CZK | |
CZK | zen | 0 |
Czech Koruny | ||
exchange-fiat-cop-w-inswitch-ach | 2.20% | |
COP | exchange-fiat-cop-d-inswitch | Not available |
Colombian Peso | exchange-fiat-cop-w-inswitch-tr | 2.20% |
Bank Card (Visa锛 | Not available | |
EUR | zen | 0 |
Euro | BANK TRANSFER ( SEPA ) | 1EUR |
Zen (corporate) | 25EUR | |
Open Banking (SEPA) | 0.12% | |
BANK TRANSFER (SEPA BY PAYMONADE) | Not available | |
Bank Transfer (SEPA) | 1EURPS | |
EURPS | ||
EURPaysafe | ||
GBP | Open Banking( SEPA) | 0.5GBP |
Pound Sterling | ||
GHS | P2P Express | 0 |
Ghanaian cedi | ||
zen | 0 | |
HUF | Zen (corporate) | 2100HUF |
Hungarian Forint | ||
Tokocrypto (Bank transfer) | 0.31% | |
IDR | exchange-fiat-deposit-channel-IDR-transfi-wallet | Not available |
Indonesian Rupiah | exchange-fiat-deposit-channel-IDR-transfi-onlinebanking | Not available |
exchange-fiat-withdraw-channel-IDR-transfi-onlinebanking | 10000IDR | |
exchange-fiat-withdraw-channel-IDR-transfi-wallet | 1.80% | |
JPY | exchange-fiat-channel-name-SBI-corp | 150JPY |
Japanese Yen | Bank Transfer (SBI) | 150JPY |
Online Banking (Freedom Bank) | 0 | |
KZT | Bank Card (Visa锛 | 1.90% |
Kazakhstani Tenge | Advcash Account Balance | 0 |
KWD | Bank Transfer | 12KWD |
Kuwaiti Dinar | ||
exchange-fiat-mxn-d-inswitch | 2.20% | |
MXN | ||
Mexican Peso | ||
NGN | Bank Transfer (Cashlink) | 0 |
Nigerian Naira | ||
NZD | P2P Express | 0 |
New Zealand Dollar | ||
OMR | Bank Transfer | 11OMR |
Oman Rial | ||
exchange-fiat-deposit-channel-PHP-transfi-onlinebanking | Not available | |
PHP | exchange-fiat-withdraw-channel-PHP-transfi-wallet | 1.80% |
Philippine Peso | P2P Express | 0 |
exchange-fiat-withdraw-channel-PHP-transfi-onlinebanking | 1.80% | |
exchange-fiat-deposit-channel-PHP-transfi-wallet | Not available | |
PKR | P2P Express | 0 |
Pakistani Rupee | ||
zen | 0 | |
PLN | Zen (corporate) | 25PLN |
Polish Zlotych | ||
zen | 0 | |
RON | Zen (corporate) | 25RON |
Romanian Lei | ||
Payeer Account Balance | 1.00% | |
RUB | Advcash Account Balance | 0 |
Russian Ruble | ||
SAR | P2P Express | 0 |
Saudi Riyal | ||
Advcash Account Balance | 0 | |
TRY | Binance Transfer | 0 |
Turkish Lira | ||
Bank Transfer (Al Salam Bank) | Not available | |
USD | exchange-fiat-channel-flowbank-name | 0 |
USD | P2P Express | 0 |
SettlePay Wallet | 0 | |
UAH | Card (C2C) | 10.50% |
Ukraine Hryvnia | GEO Pay | 0 |
P2P Express | 0 | |
UZS | P2P Express | 0 |
Uzbekistani Sum | ||
VND | P2P Express | 0 |
Vietnamese Dong | ||
ZAR | Online Banking | 20ZAR |
South African Rand | Bank Transfer (EFT) | 0 |
Corporate Bank Transfer | 10ZAR |
Summary:
Binance supports a wide range of major cryptocurrencies, networks, and fiat currencies for withdrawals. Users can choose from various withdrawal methods based on their geographic location and preferences. Keep in mind that withdrawal limits and fees may vary depending on the user’s VIP level and the specific coin or fiat currency being withdrawn. Always verify details before confirming withdrawals for a seamless and secure experience.