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How to withdraw from Binance

  • 18-05-2021 10:30PM
    #1
    ger vallely
    Registered Users, Registered Users 2 Posts: 766 ✭✭✭


    Hi, very wet behind the ears with this whole thing but it passes the time! Struggling at the moment with how to withdraw cryptocurrency from Binance back into regular Irish bank account. Can anyone please explain in very basic terms? Thanks in advance.


Comments

  • #2
    steamsey
    Registered Users, Registered Users 2 Posts: 687 ✭✭✭steamsey


    ger vallely wrote: »
    Hi, very wet behind the ears with this whole thing but it passes the time! Struggling at the moment with how to withdraw cryptocurrency from Binance back into regular Irish bank account. Can anyone please explain in very basic terms? Thanks in advance.

    It's dead easy. You can only withdraw Eur. Click Eur wallet in wallet section, then click withdraw. Then enter bank details.


  • #3
    [Deleted User]
    Posts: 7,639 ✭✭✭ [Deleted User]


    ger vallely wrote: »
    Hi, very wet behind the ears with this whole thing but it passes the time! Struggling at the moment with how to withdraw cryptocurrency from Binance back into regular Irish bank account. Can anyone please explain in very basic terms? Thanks in advance.

    You need to convert your crypto to Euro first of all. If you can find a direct Euro pairing for your specific crypto (example: ETH/EUR), all the better. If you can't find one, sell your crypto for ETH or BTC first and then sell that for Euro.

    Next go into your spot wallet and click on 'Euro'. In there, there will be options to withdraw or deposit, click on withdraw. After this, you will choose where to withdraw the Euros to. If you haven't got a credit/debit card verified with Binance, then you likely will only have the SEPA option available. With SEPA, the money should land in your account generally 2 business days after you withdraw from Binance. If you are withdrawing to a verified debit card, you will have the funds in about 10 minutes.


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