How do you withdraw from Binance to a bank account?
To withdraw from Binance to a bank, sell crypto for a supported currency and send it by a bank transfer such as SEPA or Faster Payments where available.
To withdraw from Binance to a bank account, you sell crypto for a currency Binance supports in your region and then send that money to a bank in your own name. Which methods appear depends on where you live and on your verification level. This guide reflects Binance's help pages as of November 2026.
After the October 29, 2026 theft, Binance said it suspended withdrawals during containment. CoinDesk reported that crypto withdrawals began reopening in phases on November 1, starting with bitcoin, and that report did not cover bank withdrawals. Binance's own update on November 3 gave no withdrawal timeline, so its announcements page is the place to check current status. The wider background is in is Binance safe.
How does a Binance fiat withdrawal to a bank account work?
For euros, Binance's SEPA guide, updated in June 2026, sets out these steps:
- Open the wallet overview and choose Withdraw.
- Select EUR and the SEPA bank transfer option.
- On a first withdrawal, verify the bank by sending at least 2 EUR from it.
- Enter the amount, pick the registered account and preview the order.
- Confirm, approving in the authenticator app if asked.
Binance says euro withdrawals can only go to the account previously used for euro deposits. It also offers a one-step flow that sells USDT and sends euros to the bank. That page says funds can take up to 3 business days to arrive, and that a fee is not refunded if a bank bounces the transfer. Euro SEPA is not supported in the Netherlands or Switzerland, according to Binance.
Can you withdraw from Binance to a bank account in the UK?
Binance's help center lists pound withdrawals by Faster Payments for personal accounts, with a 2 GBP minimum. UK access has been limited, though. In October 2023 Binance said it would temporarily stop accepting new UK users after its promotions approver was restricted by the Financial Conduct Authority, while existing users who had completed required checks kept their services, The Block reported. UK users should check what their own account shows.
Can you withdraw from Binance to a bank card?
In some markets. Binance describes a sell-to-card option for Visa and Mastercard run with a partner called Paymonade. Users sell crypto, choose the card as the receive method and confirm. The cardholder name must match the Binance account, and failed orders return to the spot wallet as USDT. Binance says availability varies by market.
What if Binance has no bank option for your currency?
Binance's peer-to-peer marketplace lets users sell crypto to another person who pays by bank transfer, with Binance holding the crypto in escrow. Binance tells sellers to confirm the full payment has arrived, from an account in the buyer's name, before releasing the coins. If an account is blocked, see why is my Binance account disabled.
This guide explains how things work. It is not financial, legal or tax advice. Last updated .