Browngh.com in this article will detail the simple ways of making a binance cash withdrawal to your bank.
Binance cash withdrawal to the bank is as easy as a,b,c.
You can withdrawal through various means but we will focus primarily on withdrawing cash from Binance into your bank account.
How to Withdrawal money from Binance to your Bank Account
Although Binance is one of the safest and most secure cryptocurrency exchanges, you shouldn’t keep your money there too long.
After all, we have seen enough cryptocurrencies and crypto exchanges crash to know that the best option is always keeping your funds, whether crypto or fiat, in your possession.
Below are the simple ways to withdraw money from Binance to your bank account.
1. You must first log in to your finance account. After you have done that,go to ‘Wallet’ and click on Fiat and Spot.
2. Doing the above will take you to the page where you will see the deposit, withdraw, and send options; then you select ‘Withdraw’.
3. After, you select your preferred withdrawal page.
You can choose whether to withdraw money from Binance using fiat or crypto options (fiat refers to regular currency).
Since you are transferring money to a bank account you will need the fiat option which allows you to withdraw using more than 30 currencies including US dollar, euro, pound sterling, Australian dollar,Russian ruble,Nigerian Naira and South Afrcan rand.
4. You can withdraw with your Bank Card(Visa or Mastercard).
There are also other Payment options which include bank transfers and currency-specific optons.
Withdrawals incur a 1.8% fee.
5. If you use the bank card option,you must add a new card filling in your card details.
After you have filled in your card number,expiration date,security date,security code and address,you can add your bank card and continue with the withdrawal process.
6.After adding your card continue to add the withdrawal information which includes the amount you want to withdrawal and the account you want to withdrawal into.
Then you proceed to Confirm that the transaction details are correct.
7.Finally enter the Security Verification Codes.
To verify your phone number,an SMS or a pop-up containing the code will be sent to your phone number.
For email verification,you will get the code in your email.
Copy and paste the codes into the required box,then submit your withdrawal request.