How to Withdraw from Binance? [Crypto or Fiat]

Binance is one of the largest cryptocurrency exchanges in the world, with more than 28 million active users on the platform. It allows the withdrawal of fiat currency and digital assets, also known as cryptocurrencies. 

To withdraw one of the supported cryptocurrencies to a different exchange or a hard wallet like Ledger, you need to follow a few easy steps. 

Login to your Binance account on the web-based platform and select Wallet from the menu, followed by Overview, Withdraw and Withdraw Crypto. 

Once on the withdrawal page, select the cryptocurrency you wish to withdraw (such as Bitcoin or Eth). Paste the receiving cryptocurrency address into the Address section, enter the amount you want to send, and click the Withdraw button.

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Withdrawing cryptocurrencies using the trading app works similarly. First, you need to open the app and log in; click on the Wallets tab; select Spot or Funding; Withdraw, and Send via Crypto Network; paste your receiving address and select the amount, and then click on the Withdraw button. 

Make sure you choose the right blockchain network (Bitcoin, ERC20, BEP20, etc.) so that your withdrawals don’t get held up.

How to Withdraw Crypto from Binance to other exchanges?

You can withdraw cryptocurrencies from Binance to other exchanges by following the steps above. The address for your withdrawal is usually on other exchanges on the Deposit page. For example, on the Coinbase Pro exchange platform, you need to log in and then go to the Trade tab, Wallet Balance, Deposit, and select the cryptocurrency. Copy the receiving address and paste it on the Binance withdrawal page. 

Some people in the community say that when withdrawing, you should use an intermediary wallet instead of sending from one centralized exchange to another to avoid delays and make cryptocurrency transactions more secure.

How to Withdraw Crypto from Binance to a hardware wallet?

You can withdraw cryptocurrencies from to external wallets like Trust Wallet or MetaMask or to a Ledger hardware device. On Trust Wallet and other digital wallets, you can find your receiving address by clicking on the cryptocurrency, tapping the Receive button, and copying the address. 

Ledger addresses can be found on the Ledger Live app by accessing the transfer tab, “Receive funds.” After you open your Ledger to approve and verify the address, copy it from the Ledger Live app and paste it on Binance’s withdrawal page.

How to withdraw fiat currency from Binance to a bank account? offers bank withdrawal services that depend on your location. For USD, the platform supports SWIFT bank transfers for a $15 fee, and for the EURO region, Binance allows SEPA bank transfers with fees as low as 1 EUR and Visa/MasterCard bank card transfers for 1.8%. 

To start the withdrawal process, click Wallet, Overview, Withdraw Fiat, select your payment method (Bank Transfer), and then click Continue to fill out the bank details and complete the withdrawal.


What is the minimum withdrawal amount on Binance withdrawal fees depend on the cryptocurrency you wish to withdraw. Tether USDT fees ($0.8-$3.2) are among the lowest on the market compared with other exchanges. 

The complete list of Binance’s cryptocurrency withdrawal fees is at

How long does a withdrawal take on Binance

Withdrawals are usually processed within 5 minutes but can take longer, up to 24 hours. Fiat currency withdrawals take up to 4 days for SWIFT and up to 24 hours for SEPA transfers.

How much will I pay for a withdrawal on Binance

Withdrawing cryptocurrencies costs as low as $0.8 per transaction for some stablecoin assets like Tether (USDT). Bitcoin and Litecon fees are also reasonably priced, with 0.0002 for BTC and 0.001 for LTC.

Can I withdraw directly from Binance to my bank account

Yes. allows SEPA and SWIFT bank transfers and instant card withdrawals to VISA and Mastercard bank cards.

How do you convert cryptocurrencies on Binance to cash

You can use the Binance P2P feature to create ads and sell your cryptocurrency to others for cash, gift cards, or other payment methods. It works similarly to other P2P crypto trading platforms, such as or

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of

Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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