Easy
How to succeed in a binance transfer to his bank account today
Have you made profits on Binance and want to recover these funds directly from your bank account? No unnecessary detours: the procedure is simple to understand once you follow the right steps. In this guide, you will know exactly how to transfer your gains from the platform interface to your bank account, minimizing deadlines and avoiding the most common errors. We will detail each step, with key screenshots that will help you visualize the process, from the preparation of the account to the final validation of the transaction. You can then reuse this method each time you want to convert your cryptocurrencies to euros (or in the fiduciary currency of your choice) in order to transfer them to your bank.
Table of contents
binance transfer to his bank account: check his eligibility before any transfer
Before launching a binance bank transfer , be sure to fulfill certain conditions imposed by the platform. Financial transactions on Binance are controlled to guarantee everyone's safety:
- Have a validated Binance : you must have finalized the KYC (Know Your Customer) procedure by sending your identity documents. This approach makes it possible to remove your withdrawal limits and prove that you are the account holder.
- Have an active bank account : the receiver account must be valid, with an IBAN or a correct account number. Also make sure you have already made a deposit or withdrawal from this account if the platform requires it (this is sometimes the case to check the connection between your bank and Binance ).
- Check regional restrictions : Some countries or certain regions may have specific regulations for transfers to a fiduciary currency. Make sure you know the rules in force in your area.
If these conditions are met, you are ready to make a withdrawal.
Step 1 - Access the withdrawal section
The first thing to do is to go to your dashboard. Once connected, you will see a menu at the top of the interface (on computer) or at the bottom (on mobile application).
By flying over or by clicking on "portfolio", you will see several options appear:
- the "spot wallet " (spot portfolio) contains most of the cryptocurrencies that you have for cash
trading - The "Fiat and Spot" tab allows you to see both traditional currencies (EUR, USD, GBP, etc.) and your cryptocurrencies.
Then click on "withdrawal" (or "withdraw" depending on the language you have chosen) to access the main withdrawal page.
Step 2 - Select the currency to be removed and the withdrawal mode
On the withdrawal page, you have two main tabs:
- Crypto removal : if you want to send digital assets (Bitcoin, Ethereum , USDT , etc.) to an external wallet.
- Fiat removal : to send money directly to your bank account.
As you want to make a binance bank transfer , you will have to choose the section corresponding to the fiduciary currency (for example, the euro).
By clicking on "EUR" (or any other currency you use), Binance will ask you to indicate the desired withdrawal method. Then, Binance offers you several withdrawal methods, organized in two sections:
- Recommended :
- SEPA Instant bank transfer (€ 1 cost) → fastest method.
- Other options:
- Instant bank payment (costs from € 0.5).
- Classic SEPA bank transfer (€ 1 fee) → currently suspended depending on the screenshot.
👉 Select the "Bank Transfer (SEPA Instant)" option , which is recommended and fastest.
💡 Note:
If you see the message "Channel suspended" on the classic separate transfer, this means that this method is temporarily unavailable. In this case, opt for SEPA instant or another alternative available.
Once the withdrawal mode is selected, click "Continue" to take the next step.
In the event that you withdraw a large sum, the SEPA can be more economical, while for a small amount, some users prefer bank payment.
Step 3 - Check and configure your payment method
As soon as you have chosen the motto, you will see a drop -down menu for the payment method:
- Bank transfer (SEPA) : you will have to inform or confirm your IBAN and the name of the bank, even the Swift/BIC for international transfers.
- Visa card : If you have never added a card, you will need to save it for the first time.
Some users report that it is necessary to have already made a deposit by transfer to be able to withdraw. Binance applies this principle to ensure that the card or account belongs to the same person. If you have never made a deposit from your bank, plan to make a small test payment (1 euro , for example) to finalize the banking link.
Step 4 - Indicate the amount of withdrawal
Once the method is validated, you will have to specify the amount to be collected. Pay attention to the minimum amount imposed by the platform or by the bank. The minimum for a separate transfer to Binance amounts to 2 euros and card withdrawals can have a similar minimum amount.
Always check the proposed summary:
- Total amount.
- Freests applied.
- net amount that you will actually receive.
Some user feedback indicates that these costs can fluctuate slightly depending on the variations in the banking network. If you notice a gap, refresh the page or contact the Binance support to check the costs structure.
Step 5 - Safety (2FA, codes, etc.)
Binance takes security very seriously. To validate your binance bank transfer , you will often have to go through:
- Authentication with two factors (2FA) : via Google Authenticator or SMS.
- E-mail confirmation code : An e-mail will be sent to ensure that the request comes from you.
According to an internal report published by Binance Security in 2024, more than 98 % of fraud are blocked thanks to multi-factory controls. So be sure to keep your phone or cod generator well at your fingertips when you make a withdrawal.
STEP 6 - Wait for the treatment of the transfer
Once the transaction has been validated, Binance generally treats the request within a few minutes (for a withdrawal by card) to several hours (for a separate transfer). Then your bank takes over. As mentioned earlier, most banks treat SEPA transfers in less than 24 hours, even if you advise to wait up to 72 working hours in some cases.
Wait. If you don't see any change after a few days, first check your bank statement. If the transfer is still not there, log into your Binance Customer area and consult the history of your withdrawals. Each transaction is listed there, with a status (completed, pending, refused).
It may also happen that the bank blocks a transfer for verification. In this case, contact your advisor or the bank's customer service to confirm the origin of funds.
binance transfer to his bank account: advanced techniques and practical advice
Once you have understood the basic logic, you can optimize your withdrawals in several ways.
Program its withdrawals to avoid network peaks
During peaks of volatility on the cryptocurrency market, the number of transactions increases. This can slow down services, including conversions (crypto to Fiat). Programming your withdrawal when the activity is quieter can save you time and avoid paying high fees.
In addition, according to a study published by Cryptocompare at the end of 2023, the volume of trading on Binance can double during strong economic announcements, sometimes making the interface slower.
Convert your cryptos to the best times
To make a binance bank transfer , you must generally exchange your cryptos for fiduciary currency. On Binance , you can:
- Use the "Convert" function : simple and instant, with a SPREAD sometimes a little higher.
- Place an order on the Spot Stock Exchange : by depositing a limit order or at the market on the crypto /EUR pair (eg BTC /EUR).
To reduce costs, take the course. Some traders prefer to sell their cryptos outside of rush hours, in order to have a better rate and a lower Spread. Others place a limit order to buy or sell at the exact price they wish to reach.
Watch out for withdrawal limits
Binance sets up several withdrawal levels:
- Basic verification level : relatively low limits.
- Verified level : higher limits, sometimes several thousand or tens of thousands of euros per day.
- Plus verified level : withdrawals can mount very high, depending on the region and the documentation provided.
Before transferring a large amount, check your withdrawal ceiling. This will avoid multiple operations or unpleasant surprises when validating the transaction.
Secure your personal data
When you indicate your bank information, take the time to make sure it is correct. A simple typo in Iban can delay the transaction for several days, or even cause the withdrawal of withdrawal.
- Keep a copy of your IBAN in a safe place.
-Avoid carrying out this operation on an unsecured public Wi-Fi network.
- Activate all possible protective measures, such as SMS code and identity authenticator.
According to the CNIL (National Commission for Data Protection), most of the leaks of banking data come from human errors (poorly seized information, use of unsecured devices, etc.). Increased vigilance protects your money.
Binance transfer to bank account: costs and deadlines according to your withdrawal method
Withdrawal costs are a key factor to consider to optimize your earnings. Here are the costs according to the options displayed on your Binance interface:
- SEPA Instant transfer : € 1 fixed costs , immediate transfer if the receiver bank supports SEPA instant.
- Instant bank payment : from € 0.5 , but depends on the agreements between Binance and your bank.
- Classic separate transfer : generally € 1 of costs , but currently suspended .
Processing deadlines
- SEPA Instant transfer : Execution in a few seconds if your bank takes care of it.
- Instant bank payment : may be immediate or take a few minutes , depending on the receiving bank.
- Classic separate transfer (if it is reactivated): generally 1 to 2 working days .
A survey carried out by the EuropaymentsSurvey.org site in 2022 reveals that 78 % of European banks deal with SEPA transactions in less than 12 hours, but they often prefer to announce a period of up to 72 hours to protect themselves from any technical incident.
binance transfer to his bank account: frequent questions on the transfer to a bank account
What to do if I don't receive my funds?
-Check the state of the transfer on Binance : Connect, open the withdrawal history, look if the status is "in progress" or "completed".
- Consult your bank statement : in rare cases, a period of 3 to 5 days may apply, especially if you make a cross -border transfer (excluding SEPA zone).
- Binance support : if the status is "completed" but the money does not appear after 7 days, open an assistance ticket.
- Contact the bank : some banks block as a precaution from the funds from Exchanges Crypto, especially if the amount is unusual compared to your account history.
Is there a minimum to withdraw?
- Often, Binance imposes a minimum amount (10 euros on average) for a separate transfer. For a bank card withdrawal, the minimum can be higher or vary depending on the region.
- If you have less than this minimum, you will have to convert more crypto or wait to accumulate more funds.
Can I withdraw another currency than the euro?
- Binance supports several currencies (USD, GBP, etc.). However, SEPA is only valid for areas using the euro. If you live in the United Kingdom, you will need to use GBP withdrawal via other methods or via a bank transfer adapted to the United Kingdom.
- For withdrawals from USD, you will have to choose payment networks like SWIFT, which sometimes apply higher costs.
binance transfer to his bank account: conversion stages of your cryptos into fiat
Before sending money to the bank, you must convert your cryptocurrencies. Users can:
- Sell directly on the Spot market : place a sales order on the crypto/eur pair.
- Using the Convert system : Binance indicates the market price, you confirm with one click.
Once your cryptos are sold, your balance will be displayed in the "Fiat and Spot" section. You can then follow the steps of withdrawal as explained previously.
It is crucial to note that the conversion rate fluctuates permanently. According to CoinMarketCap, Bitcoin has an average spread that can exceed 0.10 % on the largest platforms. On Binance, this Spread is generally reduced, but it can vary depending on the volatility of the market.
binance transfer to his bank account: safety checklist before pressing "Confirm"
- Correct amount : check yourself did not add a zero inadvertently.
- Banking address : IBAN must be correct, as well as the name of the beneficiary.
- Network compatibility : In some cases, if you remove a currency other than the euro, check the chosen network (SEPA, SWIFT, etc.).
- Payment method chosen : You have selected the SEPA bank transfer or the Visa card, according to your preference.
- Double authentication activated : Google Authenticator or SMS, plus an e-mail code to secure the transaction.
binance transfer to his bank account: a few words on alternatives to the classic transfer
If you do not wish to send your euros directly to your bank account, other solutions exist:
- P2P withdrawal : You sell your cryptos to other users in exchange for payment via Paypal, direct bank transfer or other. This peer-to-peer approach can be fast and sometimes cheaper, but requires knowing the cogs of the P2P well and choosing a reliable buyer.
- Binance card : The platform offers its own card allowing you to spend your cryptos in daily life. The balance is deducted from your Binance , without going through a traditional bank transfer.
- Transfer to another Exchange : if you prefer another Exchange which offers a better rate or lower costs, you can first transfer your crypto to this other platform, then make the withdrawal. However, check if the network fees do not cancel the savings made.
binance transfer to his bank account: final synthesis and summary
To succeed in a binance transfer to bank account in all serenity, here is the essential to remember:
- Check your account : KYC , exact bank details, adapted withdrawal limits.
- Choose the right method : SEPA for reduced costs, visa for more speed.
- Calculate the costs : take into account the Spread for sale of your cryptos and any withdrawal costs.
- Respect the steps : conversion of your cryptos into Fiat, entry of the amount, authentication, validation, monitoring of the transaction.
- Anticipate the deadline : up to 72 hours for a separate transfer, potentially instantaneous for a removal on a card.
-Keep evidence : withdrawal history, bank statements, screenshots, confirmation emails.
By doing so, you make sure that your money will arrive without incident and as soon as possible. According to testimonies collected by the Glassnode analysis company, Binance 's reliability for Fiat withdrawals has increased sharply in recent years thanks to multiple banking partnerships and a continuous strengthening of KYCprocedures.
Conclusion on a Binance transfer to his bank account
Making a binance bank account becomes a breeze when you respect the progress and checks described in this guide binance The key to success lies in precision: check your IBAN, choose the best suitable method and secure your account by all possible means. Each step can be confirmed by a brief glance at your screenshots, withdrawal history and confirmation email.
In addition, if you develop good reflexes (enter the exact amount, monitor the volatility of cryptocurrencies, check the costs applied), you will be able to recover your earnings quickly and safely, without leaving room for doubt.
If other questions remain, do not hesitate to consult the official Binance documentation or to contact their customer service. The rules evolve over time, especially with the rapid expansion of the cryptocurrency market and their regulations. But for now, you have all the basics to succeed in your transfer and see your bank balance finally reflect your crypto profits.
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Yohan Uzzan
Training engineer, I quickly became interested in the field of finance. Convinced that decentralized finance has a bright future ahead of it, I participate in its democratization by developing Crypternon.
