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Transfer of alt coins from Binance

xabi · 2021-04-20 21:07:31

I invested in some alt coins a few years ago and can’t quite remember the process of turning them into cash. They are currently stored on Binance, do I have this right? Sell on Binance for BTC or ETH transfer the BTC or ETH to Coinbase Sell the BTC on Coinbase for EUR Transfer to my bank account

20-04-2021 9:07pm

#1

xabi

Registered Users, Registered Users 2 Posts: 3,022 ✭✭✭

Join Date: November 2004

Posts: 2699

I invested in some alt coins a few years ago and can’t quite remember the process of turning them into cash. They are currently stored on Binance, do I have this right?

Sell on Binance for BTC or ETH
transfer the BTC or ETH to Coinbase
Sell the BTC on Coinbase for EUR
Transfer to my bank account

0

Comments

#2 21-04-2021 8:14am

magic_murph

Registered Users, Registered Users 2 Posts: 1,536 ✭✭✭

Join Date: March 2007

Posts: 1387

I believe that would work but also think you can withdraw from Binance directly to you card / bank account but that should be easily found out from the Binance site - they info available on the site is quite good.

0