Are there any withdrawal limits when transferring money from Binance to a bank?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, Binance does have withdrawal limits when transferring money to a bank account. The limits vary depending on your account verification level. For example, if you have completed the basic verification, your daily withdrawal limit is 2 BTC. However, if you have completed the advanced verification, your daily withdrawal limit can be increased to 100 BTC. It's important to note that these limits are subject to change and may vary based on your location and other factors.
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• Dec 26, 2021 · 3 years ago
  When transferring money from Binance to a bank account, there are withdrawal limits in place. The limits are in line with regulatory requirements and are designed to ensure the security and integrity of the financial system. It's a common practice for financial institutions, including cryptocurrency exchanges, to have withdrawal limits to prevent money laundering and other illegal activities. These limits may vary based on factors such as your account verification level and the country you are located in.
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• Dec 26, 2021 · 3 years ago
  Yes, there are withdrawal limits when transferring money from Binance to a bank account. However, it's important to note that these limits are not set by Binance itself, but rather by the banking system and regulatory authorities. Binance, as a reputable cryptocurrency exchange, complies with these regulations to ensure the safety and security of its users' funds. If you have any specific questions about the withdrawal limits, it's best to contact Binance's customer support for more information.
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