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What is the process for selling crypto on Binance and then transferring the proceeds to a bank?

avatarAnhadh MeshriDec 29, 2021 · 3 years ago3 answers

Can you explain the step-by-step process of selling cryptocurrency on Binance and transferring the funds to a bank account?

What is the process for selling crypto on Binance and then transferring the proceeds to a bank?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to sell your cryptocurrency on Binance and transfer the funds to your bank account: 1. Log in to your Binance account and navigate to the 'Funds' tab. 2. Click on 'Balances' and select the cryptocurrency you want to sell. 3. Click on 'Sell' and enter the amount of cryptocurrency you wish to sell. 4. Choose the trading pair you want to sell your cryptocurrency for (e.g., BTC/USD). 5. Review the order details and click on 'Sell' to confirm the transaction. 6. Once the sale is completed, go back to the 'Funds' tab and click on 'Withdraw'. 7. Select your bank account as the withdrawal destination and enter the amount you want to transfer. 8. Follow the instructions to complete the bank transfer. Please note that the exact steps may vary depending on the specific cryptocurrency and bank you are using. It's always a good idea to double-check the details before proceeding with the transaction.
  • avatarDec 29, 2021 · 3 years ago
    Selling crypto on Binance and transferring the proceeds to a bank is a straightforward process. First, you need to log in to your Binance account and navigate to the 'Funds' tab. From there, you can select the cryptocurrency you want to sell and click on 'Sell'. Enter the amount you wish to sell and choose the trading pair you want to sell it for. Once you've reviewed the order details, click on 'Sell' to confirm the transaction. After the sale is completed, go back to the 'Funds' tab and click on 'Withdraw'. Select your bank account as the withdrawal destination and enter the amount you want to transfer. Follow the instructions to complete the bank transfer. Keep in mind that the processing time for the transfer may vary depending on your bank.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we understand the importance of securely selling your crypto and transferring the proceeds to your bank account. The process on Binance is quite simple. First, log in to your Binance account and navigate to the 'Funds' tab. From there, select the cryptocurrency you want to sell and click on 'Sell'. Enter the amount you wish to sell and choose the trading pair for the sale. Review the order details and click on 'Sell' to confirm. Once the sale is completed, go back to the 'Funds' tab and click on 'Withdraw'. Select your bank account as the withdrawal destination and enter the amount you want to transfer. Follow the instructions to complete the bank transfer. It's important to note that the availability of bank transfers may vary depending on your location and the specific cryptocurrency you are selling.