Up next in 10
How to Withdraw Money from Binance to Bank Account (Easy)
2K views
Oct 25, 2024
Learn how to withdraw money from your Binance account directly to your bank account in this easy-to-follow tutorial. We'll show you each step of the withdrawal process, including how to select your withdrawal method, enter your bank information correctly, and complete the transaction safely. Whether you're new to crypto or just need a refresher on Binance withdrawals, this guide will help you transfer your funds quickly and securely. By the end of this video, you'll know exactly how to move your money from Binance to your bank account with confidence.
View Video Transcript
0:00
Hey though, if you want to withdraw your money from Binance into your bank account, you are in the right place
0:05
So, first of all, I'm going to be using my Binance account. As you can see, I have my Binance already opened
0:10
What I want to do here, first of all, I'm just going to clear my notifications
0:15
And what I want to do is to go into my wallet and go into my Fiatine spot, or you can go into your Albuoyer, but in my case, I want to locate my Fiatin spot
0:24
Now, once you are in here, you want to locate a token that you want to wed throughout, right
0:28
So let's say for example they have some atom and I want to convert this into my local currency that my bank account enables
0:38
So for example, if you have pound, you can choose euros, you can choose USD
0:43
Let me choose USD. So as you can see here are the tokens that are available
0:48
But in my case, what I want to do is to convert first of all my small balances into BMW
0:54
And after I convert all of those, I want to convert my tokens into my tokens into my own
0:58
a currency that can be available for myself. So for example, if I want to choose Eros and I can
1:05
put it everything into Eros, I just need to get into withdrawal. Here is withdrawal. And automatically
1:11
it going to be showing me the option to select my currency I can choose this currency I can choose whatever currency I like to Let see I want to try to look for currency here into USD And we trying to bank transfer
1:29
So as you can see, it has a 15 USD fee and it appears in one
1:34
If out of four business stakes, I want to go into continue
1:38
and just enable here our bank account. In my case, it's not available into my location
1:44
So I have to do something else. So I'm going to be showing you the second method, which actually, in my case, it's really, really simple
1:52
So first of all, I'm going to sign into a specific wallet that can have the currency that works into my local country
2:01
In my case, is Betzo. Because Betzo works with Mexican peso, MXN
2:08
So what I can do first, let's say, for example, that Binance does not operate with this crypto or this token
2:14
But Beto, for example, I'm going to go into the currencies. Beto works with USD, Ether, Bitcoin
2:23
So what I want to do is to choose a token that I can send directly into this wallet
2:28
So, for example, let's say that I want to choose. Here, I'm going to go back into my wallet
2:34
I'm going to choose my token, the tokens that I have, and convert that into something that can be received into Beto For example you going to choose USD Right So here I have my B I want to choose convert And here into convert I going to choose all my stuff
2:53
and trade that for USD. If I cannot make this conversion, I must choose something else
3:00
like the Theta USD. Let's take a look if this is available
3:05
into this currency USD. As you can see, here is the theta USD. So I can totally
3:10
do that, I can go into deposit and I'm going to choose Ethereum Network. So it's going to be
3:17
throwing me this address. So I'm going to go back into Binance. I'm going to make the whole
3:22
conversion. And after I make the conversion, I'm going to hit into convert. I'm going to go into
3:29
OK. So I can go back into my wallet. And lastly, what I just need to do is to select my USAT, hit into
3:39
wet row. and here once again I'm going to choose the same coin and in here I want to paste the
3:46
address that was provided from the other wallet right I'm going to copy and paste that in
3:50
here so automatically it should be feeding here the the Ethereum network but if it
3:55
doesn't appear to you you have to choose that manually so here is the Ethereum and the
4:01
fee is almost three dollars so I actually tell a bit more than three dollars here the BFV And after that just use the maximum amount and hit the spot wallet and hit into withdrawal
4:15
Now in my case, it just won't let me because I need at least $10. I only have like $2
4:21
It just won't let me. But after you go into Westrow, it's going to take more than five minutes
4:26
Go back into your wallet. And you can go back into your other wallet
4:31
So you can see all your currencies. and here have your currency. So now that you have here the currency that you received
4:37
you can convert that from the currency that you just received, for example, the FISA, that would be the USDT
4:46
into my local bank currency, which is Mexican peso. I'm gonna hit all my amount, go into continue
4:54
and after I've made that, it's really simple just to choose my currency, my local currency
5:00
and hit into send directly into my, my bank. Here is a pay transfer, debit card or even a mobile number. So as you can see
5:09
it's really easy to do that. You need to find yourself a wallet that has the currency that's
5:14
available on your bank account. So hopefully it was a very useful video for you guys. Don't
5:19
forget to like and subscribe. Thank you once again for watching the video and I will see you next time
#Banking
#Currencies & Foreign Exchange
#Finance
#Financial Planning & Management
#Investing
#Money Transfer & Wire Services
#Reference