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Home›Assistive Technology›How to Make a Binance Cash Withdrawal to Your Bank

How to Make a Binance Cash Withdrawal to Your Bank

By Matthew Lynch
June 22, 2023
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Binance is one of the major cryptocurrency exchanges in the world, offering users a variety of digital currencies to trade with. As a user, you may want to cash out some of your earnings and withdraw them to your bank account. This article explains how to make a Binance cash withdrawal to your bank.

Step 1: Set up your bank account on Binance

First, log in to your Binance account and click on “Wallet” in the top right corner of the page. From there, select “Fiat and Spot” and then “Withdrawal.” Next, select your currency and input the amount you want to withdraw.

Binance will require you to enter the details of your bank account, including the name of your bank, the account number, and the routing number. Verify that the information you provide is correct.

Step 2: Verify your identity

To ensure the security of your account, you will need to verify your identity before you can make a cash withdrawal. Binance will require you to submit a government-issued ID and a selfie. You may also need to complete a few surveys to confirm your identity.

Step 3: Request the withdrawal

Once you have completed the verification process, you are now ready to make a withdrawal. Go back to the “Fiat and Spot” page and select “Withdrawal.” From there, you can select the account you wish to withdraw from and the currency you want to withdraw.

Enter the amount you want to withdraw and confirm the details of your withdrawal. Check again that your bank account details are correct.

Step 4: Wait for the funds to arrive in your bank account

It may take some time for your withdrawal to process, so be patient. Binance will email you once your withdrawal has been approved and will provide an estimated time of arrival for your funds.

Once the funds have arrived in your bank account, you can simply use them as you wish.

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Since technology is not going anywhere and does more good than harm, adapting is the best course of action. That is where The Tech Edvocate comes in. We plan to cover the PreK-12 and Higher Education EdTech sectors and provide our readers with the latest news and opinion on the subject. From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally.

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