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Home» Questions»Q 94240
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 10, 20232023-09-10T18:59:25+00:00 2023-09-10T18:59:25+00:00In: Crypto & Forex

how do i make withdrawals on binance?

I have been hearing a lot about binance before, at the moment i have an account but i am still pretty much new to the interface and things are still abit confusing. How do people withdraw on binance, especially for does in Nigeria?

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4 Answers

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  1. [Deleted User]
    [Deleted User]
    2024-03-11T21:01:23+00:00Added an answer on March 11, 2024 at 9:01 pm

    Making withdrawal in binance is very simple especially you have some coins inside. You first of all, Open the Binance app on your device or visit the Binance website, and log in to your account using your credentials. Under the Wallet tab, select "Fiat and Spot" from the dropdown menu. This will shoRead more

    Making withdrawal in binance is very simple especially you have some coins inside. You first of all,

    Open the Binance app on your device or visit the Binance website, and log in to your account using your credentials.

    Under the Wallet tab, select “Fiat and Spot” from the dropdown menu. This will show you your available balances for different cryptocurrencies

    Some cryptocurrencies may have a minimum withdrawal amount. Ensure that your withdrawal meets this requirement to avoid any issues.

    Binance may send a confirmation code to your registered email or phone number. Enter this code to confirm the withdrawal.

    Remember that cryptocurrency transactions are irreversible, so it’s essential to exercise caution and follow these steps carefully when making withdrawals on Binance or any other cryptocurrency exchange. Your security and accuracy in the process are paramount to protect your assets.

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  2. Allison
    Allison Knowledge Seeker Archiever 💪🏽🔥
    2023-09-10T23:30:41+00:00Added an answer on September 10, 2023 at 11:30 pm

    Withdrawing your cryptocurrency as cash using binance isn't hard. First you have to verify your binance account, using your BVN or NIN. When you have a cryptocurrency deposited into your wallet, then you want to sell, you'll see one icon called "p2p", click that icon, you'll be taken to another pageRead more

    Withdrawing your cryptocurrency as cash using binance isn’t hard. First you have to verify your binance account, using your BVN or NIN. When you have a cryptocurrency deposited into your wallet, then you want to sell, you’ll see one icon called “p2p”, click that icon, you’ll be taken to another page where you’ll see different buyers or merchant, you choose any merchant of your choice, add your payment option, that’s your bank account details, then click sell. Once you receive the payment, you can then click release, then the crypto will be out from your binance account to the buyer’s account that’s how you simply sell on binance.
    Hope this answer is helpful.

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  3. Mika
    Mika Expert Mind
    2023-09-11T04:16:10+00:00Added an answer on September 11, 2023 at 4:16 am

    When you go to the withdraw tab on Binance, you see two options, one, to send it to a wallet, and two, to send it to another Binance user. By withdrawing, if you mean withdrawing to your bank account, I do not see that option on my account (maybe you have that option in your location). If you want tRead more

    When you go to the withdraw tab on Binance, you see two options, one, to send it to a wallet, and two, to send it to another Binance user. By withdrawing, if you mean withdrawing to your bank account, I do not see that option on my account (maybe you have that option in your location). If you want to withdraw as cash, the only way to do it is by going to the trade menu and choosing the fiat option. If that option is not enabled, you can use P2P.

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  4. Crystal
    Crystal Knowledge Seeker Experience on Blockchain technologies.
    2024-03-11T21:01:26+00:00Added an answer on March 11, 2024 at 9:01 pm

    It's simple though at first I was confused. To withdraw money on Binance firstly you have to specify the cryptocurrency or asset you want to withdraw. You can click on the down menu to select the asset you may wish to withdraw. After that provide the withdrawal details, including the recipient's walRead more

    It’s simple though at first I was confused.

    To withdraw money on Binance firstly you have to specify the cryptocurrency or asset you want to withdraw. You can click on the down menu to select the asset you may wish to withdraw.

    After that provide the withdrawal details, including the recipient’s wallet address, you have to make sure it’s correct address, check the amount you want to withdraw, and any other required information. Double check the wallet address to avoid any mistakes, because cryptocurrency transactions are irreversible not like bank transfer.

    Once the details are correct, click submit, Binance will send you a confirmation email to the email address associated with your Binance account. You may need to input a code from this email to confirm the withdrawal, that’s all.

     

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