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Binance Withdrawal Guide

Publisher

February 7, 2024
Binance Withdrawal Guide

Binance Withdrawal options

Binance offers two main withdrawal options: crypto and fiat withdrawals, with the availability of fiat withdrawals subject to geographic location.

To gain a comprehensive understanding of the Binance platform, explore our in-depth review!

 

Binance Crypto Withdrawals

Binance supports over 350+ cryptocurrencies for withdrawal, including but not limited to BTC, BNB, ETH, SOL, XEM, UMA, MANTA, and AVAX. Traders can track supported coins based on Hot Coins, New Listings, Top Gainers, and Top Volume categories. The networks on Binance include LIGHTNING (Lightning Network), BSC – BNB Smart Chain (BEP20), BNB – BNB Beacon Chain (BEP2), and ETH – Ethereum (ERC20).

 

Visit Binance!

 

Binance Fiat Withdrawal Methods

Binance provides multiple fiat withdrawal methods, such as Bank Transfer, Corporate Bank Transfer, P2P Express, Online Banking, Bank Card, and more. The availability of these methods may vary based on the user’s geographic location. The table below cover the supported fiat tokens and payment withdrawal methods on the Binance platform.

Explore our top best list for fiat to crypto exchanges

Supported Fiat Tokens Payment Method for Withdrawal
ARS Bank Transfer
Argentine Peso Corporate Bank Transfer
P2P Express
AED Bank Transfer (Al Salam Bank)
United Arab Emirates dirham Bank Transfer
Online Banking
AUD Buy Crypto with AUD
Australian Dollar
Bank Transfer (TED)
BRL Bank Transfer (PIX)
Brazilian Real Transferencia Banc谩ria ou PIX
Corporate Bank Transfer (TED)
Corporate Bank Transfer (PIX)
Bank Card (BENEFIT)
BHD Bank Transfer
Bahraini Dinar Bank Transfer (Al Salam Bank)
Zen (corporate)
CZK Zen
Czech Koruny
exchange-fiat-cop-w-inswitch-ach
COP exchange-fiat-cop-d-inswitch
Colombian Peso exchange-fiat-cop-w-inswitch-tr
Bank Card (Visa锛
EUR Zen
Euro BANK TRANSFER ( SEPA )
Zen (corporate)
Open Banking (SEPA)
BANK TRANSFER (SEPA BY PAYMONADE)
EURPS Bank Transfer (SEPA)
EURPaysafe
GBP Open Banking( SEPA)
Pound Sterling
GHS P2P Express
Ghanaian cedi
Zen
HUF Zen (corporate)
Hungarian Forint
Tokocrypto (Bank transfer)
IDR exchange-fiat-deposit-channel-IDR-transfi-wallet
Indonesian Rupiah exchange-fiat-deposit-channel-IDR-transfi-onlinebanking
exchange-fiat-withdraw-channel-IDR-transfi-onlinebanking
exchange-fiat-withdraw-channel-IDR-transfi-wallet
JPY exchange-fiat-channel-name-SBI-corp
Japanese Yen Bank Transfer (SBI)
Online Banking (Freedom Bank)
KZT Bank Card (Visa)
Kazakhstani Tenge Advcash Account Balance
KWD Bank Transfer
Kuwaiti Dinar
MXN exchange-fiat-mxn-d-inswitch
Mexican Peso
NGN Bank Transfer (Cashlink)
Nigerian Naira
NZD P2P Express
New Zealand Dollar
OMR Bank Transfer
Oman Rial
exchange-fiat-deposit-channel-PHP-transfi-onlinebanking
PHP exchange-fiat-withdraw-channel-PHP-transfi-wallet
Philippine Peso P2P Express
exchange-fiat-withdraw-channel-PHP-transfi-onlinebanking
exchange-fiat-deposit-channel-PHP-transfi-wallet
PKR P2P Express
Pakistani Rupee
Zen
PLN Zen (corporate)
Polish Zlotych
Zen
RON Zen (corporate)
Romanian Lei
Payeer Account Balance
RUB Advcash Account Balance
Russian Ruble
SAR P2P Express
Saudi Riyal
Advcash Account Balance
TRY Binance Transfer
Turkish Lira
Bank Transfer (Al Salam Bank)
USD exchange-fiat-channel-flowbank-name
USD P2P Express
SettlePay Wallet
UAH Card (C2C)
Ukraine Hryvnia GEO Pay
P2P Express
UZS P2P Express
Uzbekistani Sum
VND P2P Express
Vietnamese Dong
ZAR Online Banking
South African Rand Bank Transfer (EFT)
Corporate Bank Transfer

 

Binance Withdrawal Limits

Both crypto and fiat withdrawal limits are determined by the user’s VIP level. The 24-hour withdrawal limit for USDT on Binance ranges from 8,000,000 for Regular Users to a maximum of 96,000,000 for VIP levels 1-9, with higher VIP levels enjoying increased withdrawal limits.

VIP Level 24H Withdrawal Limit(USDT)
Regular User 8000000
VIP 1 8000000
VIP 2 8000000
VIP 3 8000000
VIP 4 16000000
VIP 5 24000000
VIP 6 40000000
VIP 7 64000000
VIP 8 80000000
VIP 9 96000000

 

Withdrawal Fees

Withdrawal fees for crypto vary based on the coin/token, network, minimum withdrawal amount, deposit fee, and withdrawal fee. Fiat withdrawal fees are determined by the supported fiat token, payment method for deposit, deposit fee, payment method for withdrawal, and withdrawal fee. For detailed information on fiat and crypto fee rates, refer to the official fee rate page on the Binance platform.

 

Crypto Withdrawal fees for Select Coins

Coin/Token Full Name Network Minimum Withdrawal Withdrawal Fee
1INCH 1inch BNB Smart Chain (BEP20) 1.64 0.82
Ethereum (ERC20) 58 29
1000SATS 1000*SATS (Ordinals) ORDI-BRC20 250000 50000
AGLD Adventure Gold Ethereum (ERC20) 20 10
ATEM ATEM BNB Smart Chain (BEP20) 0.5 0.2
Ethereum (ERC20) 1 0.4
AUDIO Audius Ethereum (ERC20) 134 67
AVAOLD Travala.com BNB Smart Chain (BEP20) 1.18 0.59
BNB Beacon Chain (BEP2) 0.5 0.25
Ethereum (ERC20) 40 20
AI Sleepless AI BNB Smart Chain (BEP20) 0.56 0.28
AR Arweave Arweave 0.1 0.03
ACA Acala Token Acala 0.42 0.21
ARDR Ardor Ardor 4 2
ACE Fusionist BNB Smart Chain (BEP20) 0.084 0.042
Endurance 0.1 0.01
ACH Alchemy Pay Ethereum (ERC20) 1380 690
ACM AC Milan Fan Token Chiliz Chain (CAP20) 1 0
ADA Cardano BNB Smart Chain (BEP20) 1.4 0.7
Cardano 2 0.8
BNB Beacon Chain (BEP2) 0.58 0.29
ADX AdEx BNB Smart Chain (BEP20) 4 2
Ethereum (ERC20) 144 72

 

Fiat Fees

Binance imposes varying withdrawal fees for fiat currencies. With a focus on EUR, USD, and GBP, withdrawal fees for Euro transactions depend on the method, ranging from zero for internal transfers to 1.00% for Bank Transfer (SEPA). For Pound Sterling, Open Banking (SEPA) incurs a fee of 0.5GBP, while USD withdrawals through SettlePay Wallet, P2P Express, and Binance Transfer are fee-free.

Supported Fiat Tokens Payment Method for Withdrawal Withdrawal Fee
ARS Bank Transfer 1.00%
Argentine Peso Corporate Bank Transfer 0
P2P Express Not available
AED Bank Transfer (Al Salam Bank) 160AED
United Arab Emirates Dirham Bank Transfer 120AED
Online Banking Not available
AUD Buy Crypto with AUD Not available
Australian Dollar
Bank Transfer (TED) Not available
BRL Bank Transfer (PIX) 3.5BRL
Brazilian Real Transferencia Banc谩ria ou PIX 60BRL
Corporate Bank Transfer (TED) Not available
Corporate Bank Transfer (PIX) Not available
Bank Card (BENEFIT) Not available
BHD Bank Transfer 0.15BHD
Bahraini Dinar Bank Transfer (Al Salam Bank) 6BHD
Zen (corporate) 125CZK
CZK zen 0
Czech Koruny
exchange-fiat-cop-w-inswitch-ach 2.20%
COP exchange-fiat-cop-d-inswitch Not available
Colombian Peso exchange-fiat-cop-w-inswitch-tr 2.20%
Bank Card (Visa锛 Not available
EUR zen 0
Euro BANK TRANSFER ( SEPA ) 1EUR
Zen (corporate) 25EUR
Open Banking (SEPA) 0.12%
BANK TRANSFER (SEPA BY PAYMONADE) Not available
Bank Transfer (SEPA) 1EURPS
EURPS
EURPaysafe
GBP Open Banking( SEPA) 0.5GBP
Pound Sterling
GHS P2P Express 0
Ghanaian cedi
zen 0
HUF Zen (corporate) 2100HUF
Hungarian Forint
Tokocrypto (Bank transfer) 0.31%
IDR exchange-fiat-deposit-channel-IDR-transfi-wallet Not available
Indonesian Rupiah exchange-fiat-deposit-channel-IDR-transfi-onlinebanking Not available
exchange-fiat-withdraw-channel-IDR-transfi-onlinebanking 10000IDR
exchange-fiat-withdraw-channel-IDR-transfi-wallet 1.80%
JPY exchange-fiat-channel-name-SBI-corp 150JPY
Japanese Yen Bank Transfer (SBI) 150JPY
Online Banking (Freedom Bank) 0
KZT Bank Card (Visa锛 1.90%
Kazakhstani Tenge Advcash Account Balance 0
KWD Bank Transfer 12KWD
Kuwaiti Dinar
exchange-fiat-mxn-d-inswitch 2.20%
MXN
Mexican Peso
NGN Bank Transfer (Cashlink) 0
Nigerian Naira
NZD P2P Express 0
New Zealand Dollar
OMR Bank Transfer 11OMR
Oman Rial
exchange-fiat-deposit-channel-PHP-transfi-onlinebanking Not available
PHP exchange-fiat-withdraw-channel-PHP-transfi-wallet 1.80%
Philippine Peso P2P Express 0
exchange-fiat-withdraw-channel-PHP-transfi-onlinebanking 1.80%
exchange-fiat-deposit-channel-PHP-transfi-wallet Not available
PKR P2P Express 0
Pakistani Rupee
zen 0
PLN Zen (corporate) 25PLN
Polish Zlotych
zen 0
RON Zen (corporate) 25RON
Romanian Lei
Payeer Account Balance 1.00%
RUB Advcash Account Balance 0
Russian Ruble
SAR P2P Express 0
Saudi Riyal
Advcash Account Balance 0
TRY Binance Transfer 0
Turkish Lira
Bank Transfer (Al Salam Bank) Not available
USD exchange-fiat-channel-flowbank-name 0
USD P2P Express 0
SettlePay Wallet 0
UAH Card (C2C) 10.50%
Ukraine Hryvnia GEO Pay 0
P2P Express 0
UZS P2P Express 0
Uzbekistani Sum
VND P2P Express 0
Vietnamese Dong
ZAR Online Banking 20ZAR
South African Rand Bank Transfer (EFT) 0
Corporate Bank Transfer 10ZAR

 

Binance Crypto Withdrawals

Step 1: Login and Navigate to your “Dashboard”

Visit the official Binance page and log in or sign up for a new account.

Navigate to your “Dashboard” upon successful login.

 

Visit Binance!

 

Step 2: Choose Cryptocurrency and Network

From the “Dashboard”, Click on the “Withdraw” button to access the Withdraw Crypto page.

Choose your cryptocurrency from the list (e.g., BNB, BTC, USDT, ETH, AVAX, SOL).

Decide whether to send to a wallet address or a Binance user.

Enter the receiving wallet address or the recipient’s email/phone number/Pay ID.

Send to a Wallet Address

Send to Binance User

Select the preferred network for the transaction.

 

Step 3: Confirm Details and Withdraw

Enter the desired withdrawal amount and select the funding or trading account.

Confirm all details, including the withdrawal fee.

Click “Withdraw”.

Complete the withdrawal process by entering security verification details such as email, SMS, and 2FA as required.

 

Binance Fiat Withdrawals

Step 1: Visit the Fiat Withdrawal Page

Navigate to your “Dashboard” upon successful login.

From the “Dashboard”, Click on the “Withdraw” button.

Click on the “Withdraw Fiat” button from the “Withdraw Crypto” page.

 

Step 2: Select Fiat Currency and Withdrawal Method

Pick the fiat currency from the dropdown menu.

Select the withdrawal method based on your preferences, ensuring that the chosen fiat withdrawal option is supported in your country.

 

Step 3: Add Bank Account and Request Withdrawal

  • For first-time users, include a new bank account to facilitate the withdrawal process.
  • Initiate a withdrawal request after confirming all the necessary details, and ensure to verify security authentication to complete the withdrawal process.

 

Visit Binance!

 

Summary:

Binance supports a wide range of major cryptocurrencies, networks, and fiat currencies for withdrawals. Users can choose from various withdrawal methods based on their geographic location and preferences. Keep in mind that withdrawal limits and fees may vary depending on the user’s VIP level and the specific coin or fiat currency being withdrawn. Always verify details before confirming withdrawals for a seamless and secure experience.

 

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