How to withdraw from the Binance Trading DApp | SafePal Knowledge Base (2024)

FAQs

How to withdraw from the Binance Trading DApp | SafePal Knowledge Base? ›

▪︎Click on the Wallet for the asset you want to withdraw. ▪︎Click Redeem next to the amount you want to withdraw. ▪︎Confirm the withdrawal details and your funds will be available in your Spot Wallet shortly.

▪︎Click on the Wallet for the asset you want to withdraw. ▪︎Click Redeem next to the amount you want to withdraw. ▪︎Confirm the withdrawal details and your funds will be available in your Spot Wallet shortly.

Withdrawing from Binance to your bank account can be done in just a few simple steps. While Binance doesn't offer direct fiat bank withdrawals in USD and GBP at the moment, its users can still withdraw other fiat currencies such as EUR. This can be done via bank account transfers or bank card withdrawals.

Occasionally, we may need to lock your account if you have made recent changes to it. For example, if you have reached out to our team to reset your two-factor authentication, or you have changed your password, we will temporarily disable your ability to withdraw.

Log in to your Binance account. Click on the [Wallet] button in the top right corner of the page. Select [Spot]. Click on the [Withdraw] button next to the cryptocurrency you want to withdraw.

You can withdraw fiat currencies from Binance via bank transfer (Stitch).

In general, withdrawals from Binance are usually processed within a few minutes to a few hours. However, there may be instances where withdrawals can take longer, especially during times of high network congestion or if additional security checks are required.

Credit or debit card withdrawals

Select the card withdrawal option on the Fiat and enter your card details, including your bank card number and CVV. Again, be aware of the transaction fees and choose the suitable payment method. After confirming the details, the funds will be transferred to your credit or debit card.

In the case of account suspensions, you may see your Binance withdrawals suspended - whether due to policy violations, failing verification, or suspicious activity on the account.

Has Binance frozen withdrawals? ›

Oct 17 (Reuters) - The U.S. unit of cryptocurrency exchange Binance has halted withdrawal of dollars by its clients from the platform, its updated terms showed on Monday. In early June, Binance.US had halted dollar deposits, after the U.S. Securities and Exchange Commission (SEC) asked a court to freeze its assets.

10 Years of Decentralizing the Future. Binance.US users can no longer withdraw dollars directly from the platform after the exchange updated its terms of use on Monday.

Please note that the Binance DeFi Wallet is no longer available. You may use the Binance Web3 Wallet to manage your cryptocurrencies, execute token swaps across multiple chains, earn yields, and interact with a variety of blockchain platforms.

Find the relevant "Transfer" or "Withdrawal" option in your crypto exchange account and follow the instructions on how to transfer money to a bank account, whether from a DeFi wallet or any other source, after this transaction is finished and you have the selected fiat currency in your wallet.

Yes, it is possible to withdraw funds from Binance using a bank card. While Binance currently does not offer direct fiat withdrawals in USD or GBP, users can still withdraw other fiat currencies such as EUR using bank account transfers or bank card withdrawals.

Step 1 — Access Binance Pay

Log into your Binance account and navigate to the [Funding Wallet] page. Click on the [Receive] button. If you are using the mobile application, tap on the [User Center] icon on the top left of the screen, select the [Pay] option and then tap the [Receive] button.

Log into your Binance account. Select on Withdraw tab. Click on the Fiat tab, and choose the currency you want to transfer to PayPal. Enter the withdrawal information, click on continue to proceed further, including details of the recipient wallet.