How to Withdraw Money to Bank Account from Binance

　　Binance, being one of the largest cryptocurrency exchanges in the world, offers a wide range of services to its users. One of the most common transactions performed on Binance is the withdrawal of funds to a bank account. In this article, we will guide you through the process of how to withdraw money to bank account from Binance.

　　Before you begin the withdrawal process, it is essential to ensure that you have completed the necessary verification steps on your Binance account. This includes providing your full name, date of birth, and a government-issued ID. Once your account is verified, you can proceed with the withdrawal process.

　　Here’s a step-by-step guide on how to withdraw money to bank account from Binance:

　　1. Log in to your Binance account: Visit the Binance website and log in using your username and password. If you have two-factor authentication enabled, you will need to enter the verification code sent to your registered email or phone number.

　　2. Navigate to the Withdrawal page: Once logged in, click on the “Funds” tab located at the top of the page. From the dropdown menu, select “Withdrawal.”

　　3. Choose the cryptocurrency you want to withdraw: On the Withdrawal page, you will see a list of supported cryptocurrencies. Select the cryptocurrency you wish to withdraw by clicking on the corresponding currency name.

　　4. Enter your bank account details: In the Withdrawal page, you will find a field to enter your bank account details. Enter the following information:

　　a. Bank Name: Enter the name of your bank.

　　b. Bank Address: Provide the address of your bank.

　　c. Account Name: Enter the name of the account holder.

　　d. Account Number: Provide the account number of your bank account.

　　e. SWIFT Code: Enter the SWIFT code of your bank. This code is essential for international wire transfers.

　　5. Enter the withdrawal amount: Enter the amount of cryptocurrency you wish to withdraw. Make sure to double-check the amount before proceeding, as Binance does not support reversing withdrawals.

　　6. Confirm the withdrawal: Once you have entered all the required details, click on the “Submit” button to initiate the withdrawal process. You will receive a confirmation message on your screen.

　　7. Wait for the withdrawal to be processed: The processing time for withdrawals may vary depending on the cryptocurrency and your bank’s policies. Generally, it takes a few minutes to a few hours for the withdrawal to be processed. Once the withdrawal is complete, you will receive a confirmation email from Binance.

　　It is important to note that there are some fees associated with withdrawing funds from Binance. The fees vary depending on the cryptocurrency you are withdrawing and the network fees associated with the transaction. Binance displays the estimated fees on the Withdrawal page, so you can plan accordingly.

　　In conclusion, withdrawing money to your bank account from Binance is a straightforward process. By following the steps outlined in this article, you can easily transfer your cryptocurrency funds to your bank account. However, always ensure that you have completed the necessary verification steps on your Binance account to avoid any delays or issues during the withdrawal process.

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