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Withdraw EURO from Binance for CHEAP - Quick & Easy Beginner Guide (Video + Blog Post)
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Jul 29, 2022
Learn how to withdraw Euro from Binance in a quick & easy way! Article:https://www.crypto-made-easy.com/withdraw-euro-from-binance/ [💎 Sign up to Binance and get Discounts on your Trades!💎] ↬ https://www.crypto-made-easy.com/binanceYT [🔥 SUBSCRIBE to my YouTube Channel 🔥] ↬ https://www.crypto-made-easy.com/YouTube [✍️ All Written Guides] ↬ https://www.crypto-made-easy.com [ 🔗All important links in one place] ↬ https://www.crypto-made-easy.com/LinkTree [🤖 3 Days Free Pro Membership for 3Commas AI Crypto Trading Bot! 🤖] ↬ https://www.crypto-made-easy.com/3Commas [💰 Sign up to Gate and get Trading Discounts ] ↬ https://www.crypto-made-easy.com/gate
View Video Transcript
0:00
Hey guys, what's up everyone? Welcome back to a new video. My name is Stefan. I create beginner-friendly
0:05
cryptocurrency content and in today's video I'm going to show you how to withdraw euros from
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Binance. Now since a lot of you guys have watched my last video where we were covering how to buy
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cryptocurrencies on Binance using euros, I got a lot of questions from you guys on how to actually
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withdraw euros from Binance and that's exactly what we're going to cover in today's video
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Now, gladly Binance has made it really, really easy and cheap for us to withdraw euros
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If you have been following my channel, you probably know that we use Binance in about
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95% of all of the cryptocurrency buying guides. And that's simply because I think that Binance is one of the easiest to use exchanges out
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there that is really easy to use for beginners. I especially like their Android app
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I use it on a daily basis. It's really easy to do trades there. The user experience is done really really well and as I said they made it really easy for us to withdraw euros at Binance
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So with that being said guys, let's jump right into the tutorial. As you guys know, I always provide a written tutorial that goes along with my videos
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It's not published yet but it will be published once this video goes live
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So you will find the link to the written article in the video description below. You can also just go to crypto-made-easy.com and there you will also find the how to deposit
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euro to Binance guide, which I have mentioned in the beginning of this video
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All right, with that out of the way, let's jump right in. So if you don have a Binance account yet I highly recommend using my link that I will leave for you guys in the video description below to sign up for Binance If you use this link to sign up for Binance you help out my channel as
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well as you get reduced trading fees for the rest of your life. So it would be really great if you
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use this link to sign up for Binance if you don't have an account yet and if you're interested to do
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some trading at Binance. Okay guys before I show you actually how to withdraw euros from Binance
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I'm going to show you how you can convert a currency into euros because this I think is a
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question that will come up. So instead of doing any complicated spot trading and placing orders
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and stuff, Binance makes it really easy for us to convert our currency into euros. You can just
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click on trade here and use their converter. So click on convert. And let's say we want to convert
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USDT into euros. It's really, really easy. Just change Bitcoin down here to euro and click on that
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And let's say we want to exchange or to convert 20 USDT into euros
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We just click on preview conversion and we get a quote that will last for about five
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six seconds. And once you click on convert, you will see that you will receive this amount of euros
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in return of your USDT. So this is a really easy way on how to convert any other cryptocurrency into euros
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Now, I don't know from the top of my head what kind of euro trading pairs they have
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But it's really easy to find out just see if your coin is convertible to euros
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You can also trade using euros. They will they are implementing more and more euro trading pairs, which is really great
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I think especially for the European market Okay, guys, let's get to what you're actually here for how to withdraw euros from Binance
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click on wallet from the top navigation bar and select fiat and spot And once that loads up click on withdraw next to deposit And once that has loaded make sure you are on the Fiat tab here And then we have a couple of different ways on how to withdraw euros
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Now, my favorite way by far is to use the SEPA bank transfer. If you are located in Europe, you are probably familiar with that
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And this is literally so cheap. It's only a 0.8, sorry, 80 euro cent fee on the transfer
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If you deposit money on Binance, it's actually for free, which is super great, I think
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You also have the choice to withdraw on your visa, on your bank card, on your visa card
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But this will include a 1% fee, but you will have the funds instantly on your card
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Now, if you use the bank transfer, the SEPA protocol, be aware that it might take one to two business days for the order to be processed
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and for the funds to arrive over at your local bank. All right, you have a couple of other payment methods here like the ad cash account balance and the etana account balance
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I don't know what that is. I haven't looked into it But I think the SIPA bank transfer is the logical way to do for anybody located in Europe
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All right, this is clear enough. Just enter the amount of how many euros you want to withdraw and you can see that the minimum
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Amount of withdraw is actually just three euros which I found is really great because a lot of other exchanges
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they have a minimum withdrawal fee of like 50 euros and stuff like this
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So I found this to be really great that you can even withdraw small fees
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up to a maximum of 200,000 euros per transfer. And if you transfer 200,000 euros and all you need to pay is a transaction fee of 80 cents
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well, I think that's really great. Also be aware that this whole thing The whole process is processed by Clear Junction You can read up on them if you want it a legit company it a legit payment processor so i don see any issues of
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using that and once you click on continue that will automatically fill out your or fill in your
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name that your binance account is registered on now be very clear about that this obviously needs
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to be the same name that your bank account is running on they will also ask you about your eban
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number which is the international banking number that we have in europe so enter your eban number
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make sure your name is correct and click on submit or on withdraw and the euros will be withdrawn on
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your bank account all right guys there is really no need to make this video unnecessary long
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straight to the point i hope it was clear enough for you guys on how to withdraw euros from binance
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now you know how to do that now i know that it's very cheap to do that and i continue to do more
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and more and more of my trades and my purchases actually in my local currency in euros. I'm
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personally very happy that Binance is pushing the currency and they enable us to have more and more
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available trading pairs for the euro. I found that to be really really great. Alright guys
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with that being said, make sure to subscribe to my channel if this video was helpful to you
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give it a thumbs up, let me know what you think about all of the euro trading pairs available on
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Binance in the comments below and I hope to see you back in the next video. Until then
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Thank you
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