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How can I sell my cryptocurrency on Binance and transfer the funds to my bank account?

avatarIlya VlasovDec 30, 2021 · 3 years ago3 answers

I want to sell my cryptocurrency on Binance and transfer the funds to my bank account. How can I do that?

How can I sell my cryptocurrency on Binance and transfer the funds to my bank account?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    To sell your cryptocurrency on Binance and transfer the funds to your bank account, you can follow these steps: 1. Log in to your Binance account. 2. Go to the 'Funds' tab and select 'Balances'. 3. Find the cryptocurrency you want to sell and click on 'Sell'. 4. Enter the amount you want to sell and choose the trading pair you want to sell it for. 5. Review the details and click on 'Sell' to confirm the transaction. 6. Once the sale is completed, go to the 'Funds' tab and select 'Withdrawals'. 7. Choose your bank account as the withdrawal destination and enter the amount you want to transfer. 8. Review the details and click on 'Submit' to initiate the withdrawal. 9. Wait for the withdrawal to be processed, which may take some time depending on the network congestion. 10. Once the funds are successfully transferred to your bank account, you will receive a notification. Please note that fees may apply for selling and withdrawing cryptocurrency on Binance. Make sure to check the fee schedule before initiating any transactions.
  • avatarDec 30, 2021 · 3 years ago
    Selling your cryptocurrency on Binance and transferring the funds to your bank account is a straightforward process. Here's what you need to do: 1. Log in to your Binance account. 2. Navigate to the 'Funds' tab and select 'Balances'. 3. Locate the cryptocurrency you wish to sell and click on 'Sell'. 4. Specify the amount you want to sell and choose the trading pair you prefer. 5. Verify the transaction details and click on 'Sell' to confirm. 6. After the sale is executed, go to the 'Funds' tab and select 'Withdrawals'. 7. Select your bank account as the withdrawal destination and enter the desired amount. 8. Double-check the withdrawal details and click on 'Submit' to initiate the withdrawal. 9. Allow some time for the withdrawal to be processed, depending on network congestion. 10. Once the funds are successfully transferred to your bank account, you will receive a notification. Please keep in mind that transaction fees may apply when selling and withdrawing cryptocurrency on Binance. It's advisable to review the fee schedule beforehand.
  • avatarDec 30, 2021 · 3 years ago
    Selling your cryptocurrency on Binance and transferring the funds to your bank account is a breeze! Just follow these steps: 1. Log in to your Binance account. 2. Head over to the 'Funds' tab and click on 'Balances'. 3. Find the cryptocurrency you want to sell and hit the 'Sell' button. 4. Enter the amount you wish to sell and choose the trading pair you prefer. 5. Take a moment to review the transaction details and click on 'Sell' to confirm. 6. Once the sale is executed, go back to the 'Funds' tab and select 'Withdrawals'. 7. Pick your bank account as the withdrawal destination and enter the amount you want to transfer. 8. Double-check the withdrawal details and click on 'Submit' to initiate the withdrawal. 9. Sit tight while the withdrawal is being processed, which may take a bit depending on network activity. 10. As soon as the funds land safely in your bank account, you'll receive a notification. Remember to be aware of any applicable fees for selling and withdrawing cryptocurrency on Binance. It's always a good idea to check the fee schedule in advance.