Easy
How to withdraw your Cryptos in Fiat to your bank account?
Have you made crypto gains and you wonder how to withdraw your money to your bank account? The procedure is simpler than it seems, provided you follow the right steps. In this guide, you will learn exactly how to withdraw your Crypto equivalent in Fiat to your bank account , step by step, in a clear and detailed way. For this tutorial we have chosen Binance since it is, at present, the most used exchange. However, the steps are similar on other centralized exchanges. From the preparation of your account to the final validation of withdrawal, everything is explained to avoid frequent errors and minimize deadlines. Whenever you want to convert your cryptocurrencies to euros or to another fiduciary currency, you can follow this method to quickly transfer your funds to your bank.
Table of contents
How to withdraw your cryptos in Fiat to your bank account : check your eligibility before starting
Before understanding how to withdraw your Cryptos in Fiat to your bank account , it is important to check that you meet the necessary criteria. Most exchanges apply certain strict rules to secure financial transactions:
- Validated account ( KYC ) : You must have completed the “Know Your Customer” procedure by sending your identity documents. This allows you to remove your withdrawal limits and confirm that you are the legitimate owner of the account.
- Valid bank account : your bank account must be active, with an IBAN or an exact account number. The exchange may require that you have already made a deposit or withdrawal from this same account in order to check the property.
- Regional restrictions : Depending on your country or region, certain specific rules may apply for withdrawals from fiduciary currency. Make sure the regulations in force in your country.
Once these conditions are met, you are ready to withdraw your cryptos in Fiat to your bank account.
Step 1 - Access the withdrawal section
Connect to your account. From your dashboard, click on the menu located at the top of the screen (on Binance).
Then click on the "portfolio" icon to display different options:
- The “spot wallet ” contains most of your cryptocurrencies intended for immediate trading
- "Fiat and Spot" tab displays both your cryptocurrencies and your traditional currencies (EUR, USD, GBP, etc.).
Then select "withdrawal" ("withdraw" according to your display language) to directly access the withdrawal space.
Step 2 - Select the currency and the withdrawal method
On the withdrawal page, two options are available to you:
- Crypto removal : to transfer your cryptos to an external wallet.
- Fiat removal : to convert your cryptocurrencies into traditional silver and transfer it to your bank account.
To transform your cryptos into euros or another fiduciary currency, opt for the "Fiat removal" tab.
Then select the desired currency, for example "EUR". Binance will offer you several methods:
- Recommended: SEPA Bank Transfer
Fixed Freests of € 1, Quick and Secure Method. - Other options:
- Instant bank payment (costs from € 0.5).
- Classic SEPA bank transfer (currently suspended).
💡 Note: If the “classic separate” option indicates “Channel suspended”, choose an alternative like the SEPA instant.
After choosing your method, click on "Continue" to continue.
Depending on the sum to be removed, the SEPA Instant method will be practical for small amounts, while for large sums, other methods can be envisaged.
Step 3 - Configure your payment method
Once the motto has been chosen, configure your payment method:
- SEPA transfer : Enter or confirm your IBAN, the name of your bank and, if necessary, the SWIFT/BIC.
- Visa card : Save your card if it has not already been done.
Important: Binance may ask you to make a prior deposit with the bank account or the card to verify that you are the holder. An initial small deposit (around € 1) is often recommended to validate your banking connection.
Step 4 - Specify the amount to be collected
Indicate the specific amount you want to transfer. Make sure to respect the minimum amount required by your exchange or your bank (usually around € 2 for SEPA transfers). Carefully check the summary:
- Total amount requested.
- Fees applied.
- Net amount which will be credited on your bank account.
If you notice an anomaly in the costs, update the page or contact the support.
Step 5 - Confirm the transaction with safety measures
To secure your withdrawals, most exchanges set up several devices:
- Authentication with two factors (2FA) : Use Google Authenticator or receive codes by SMS.
- Confirmation by e-mail : An e-mail is sent to you to confirm your identity before the authorization of withdrawal.
fraud attempts . To guarantee a withdrawal without clips, make sure you always have access to your smartphone or your cod generator.
STEP 6 - Wait for the treatment of the transfer
Once the transaction has been confirmed, the exchange generally deals with your request quickly:
- Bank card : a few minutes.
- SEPA transfer : from a few hours to 24 hours, with a maximum period of 72 working hours in some cases.
Then check your bank statement and the history of your withdrawals. In the event of delay or anomaly, contact your bank or the exchange of the exchange for more information.
In certain situations, the bank can temporarily hold your transfer to perform additional checks. If your transaction is suspended, contact your bank advisor to confirm the legitimate provenance of the funds and unlock the operation.
How to withdraw your cryptos in Fiat to your bank account : advanced techniques and practical advice
After having controlled the bases on how to remove your cryptos in Fiat to your bank account , it is interesting to optimize your withdrawals more by following these practical tips.
Choose the right time to convert your cryptos to fiduciary currency
Before withdrawing your funds from a bank account, you must convert your cryptos to euros. Two main options exist:
1️⃣ Quick option: use the "Convert" function
- Simple and instantaneous.
- Slight additional cost due to the Spread (difference between the purchase and sale price).
2️⃣ Optimized option: go through the Spot market
- You place a limit order or a market order on the crypto /eur pair (eg BTC /EUR).
- Less costs if you choose the right time.
💡 Tip: Monitor the courses fluctuations and avoid selling in periods of high volatility to maximize your earnings.
Check the authorized withdrawal ceilings
Exchanges apply withdrawal limits according to the level of verification of your account. In the case of Binance :
- Basic verification ( KYC level 1) : relatively low removal ceiling.
- Advanced verification ( KYC level 2) : increased limit up to several thousand euros per day.
- Premium verified account : even higher ceilings, depending on your country and the documents provided.
🚨 Before any important removal, see your limits to avoid blockages.
Secure your banking information when we withdraw from cryptos
Protection of sensitive data when you enter your bank details, take all the necessary precautions:
✅ Check your IBAN and the name of the beneficiary : an error can lead to a rejection or delay in the transfer.
✅ Store your bank information in a safe place : Avoid saving it on unsecured platforms.
✅ Do not use public Wi-Fi during your transactions: favor a secure connection.
✅ Activate the double authentication (2FA) : Use Google Authenticator or a confirmation SMS.
How to withdraw your cryptos in Fiat to your bank account : costs and deadlines according to the chosen method
The cost and the processing time vary depending on the method chosen to transfer your funds to a bank account.
Comparison of costs according to the withdrawal method
| Method | Costs | Estimated time |
|---|---|---|
| SEPA Instant | 1 € | A few seconds a few minutes |
| Instant bank payment | From 0.5 € | Instant according to your bank |
| Classic separate | € 1 (suspended) | 1 to 2 working days |
FAQ: How to withdraw your Cryptos in Fiat to your bank account ?
Why haven't I received my money yet?
1️⃣ Check the status of your withdrawal : Consult your history ("completed" or "in progress" status).
2️⃣ Check your bank statement : some transfers can take up to 3 to 5 working days .
3️⃣ Contact the medium if the withdrawal is marked as "completed" but you have not received it after 7 days .
4️⃣ Call your bank : a temporary blockage can be applied if the transfer is deemed unusual.
What is the minimum amount for a withdrawal from euros?
- SEPA transfer : minimum of € 10 .
- Retraction by bank card : can vary according to your country and the policy of exchange.
Can we collect currencies other than the euro?
It depends on your exchange. Some allow withdrawals from USD, GBP and other currencies .
- USD transfers : Use Swift (watch out for high costs).
- GBP withdrawals : Different methods are offered depending on the bank.
How to convert your cryptos before a Fiat money withdrawal?
Two solutions:
- Sale on the Spot market : put a limit order to optimize the price.
- "Convert" function : fast but light exchange additional cost.
Checklist before finalizing your cryptos withdrawal to a bank account
✔️ Check the exact amount (no error in zeros).
✔️ Confirm your IBAN and the name of the beneficiary.
✔️ Select the right network (SEPA for the EU, SWIFT for Outside EUR currencies).
✔️ Secure your transaction with double authentication (2FA).
✔️ Keep evidence (screenshots, bank statements, history).
Summary of key steps to remove cryptos to a bank account
📌 Check your account : KYC validated, correct IBAN, respected withdrawal limits.
📌 Choose the right method : SEPA instant for speed, classic bank transfer if available.
📌 Optimize your conversions : Avoid volatility periods, favor limit orders.
📌 Ensure the safety of your transactions : 2FA activated, secure connection, verified IBAN.
📌 Anticipate the deadlines : up to 72 hours in a classic transfer, often immediate in instant.
📌 Keep a trace of transactions : screenshots, confirmations by e-mail and bank statements.
Conclusion: make a crypto withdrawal to your bank account without incident
Following these steps will allow you to recover your funds quickly and safely. By applying good practices, you will reduce unnecessary costs and will avoid bank blockages. With a well -optimized process, your cryptocurrency profits will turn into euros available directly on your bank account with ease.
Investments in cryptocurrencies are risky. Crypternon could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a property or service put forward in this article. Readers must do their own research before undertaking any action and investing only within the limits of their financial capacities. Past performance does not guarantee future results. This article does not constitute an investment .
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AMF recommendations. There is no guaranteed high yield, a product with high performance potential implies a high risk. This risk taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not ready to lose all or part of your capital .
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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.
