How to withdraw crypto on Binance

There are two main ways to withdraw crypto on Binance: cryptocurrency withdrawals and fiat withdrawals. Previously, users could only withdraw and receive cryptocurrencies on Binance. However, with the launch of the fiat currency channel on Binance, users can now withdraw crypto as fiat currencies directly at any time.

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How to withdraw crypto on Binance

It is very easy to withdraw crypto on Binance. In this example, we will withdraw BNB from Binance and send it to Trust Wallet.

Step 1: Log in to your Binance account. Choose [Wallet] and tap [Fiat and Spot].

Step 2: Tap [Withdraw].

Step 3: Click [Crypto] tab, select the cryptocurrency you want to withdraw.

If cryptocurrencies are issued on different blockchains, choose network you want to make the withdrawal.

For example, BNB is issued on Binance Chain as a BEP-2 token and on the Binance Smart Chain (BSC – now is BNB chain) as a BEP-20 token. Therefore, if you want to withdraw to the BEP-2 wallet address, select BEP-2.

Be careful with this step because if you enter a wrong address or network, you will lose your token.

Step 4: Get your BNB address. On this example, we will use Trust Wallet.

Step 5: Click [Receive].

Step 6: Click [Copy] to copy your BNB address.

Step 7: Paste it into [Recipient’s BNB Address] on binance withdrawal page. After checking the information, tap [Submit].

Step 8: Tap [Send Code] and enter the 6 digit code you get in your email. Enter google verification code then tap [Submit]. You can review the funds withdrawn in your trading history.

How to withdraw crypto and receive fiat currency from Binance

Binance supports more than 60 fiat currencies and various payment methods.

Step 1: Log in to your Binance account. Choose [Wallet] and tap [Fiat and Spot].

Step 2: Tap [Withdraw].

Step 3: Select the [Fiat] tab. Choose the fiat currency you want to withdraw and the payment method, enter the amount. Payment method options are based on the currency and region you have selected.

Step 4: Enter the required details and follow the instructions. Click [Confirm].

 Step 5: Enter a verification code then click [Submit] to confirm the withdrawal on Binance.

>> Related: What is Binance? How to register account and trading on Binance