How to Withdraw from Binance (Bank, Exchange & Wallet)

Hello!

This

one is how to withdraw funds

from your binance account so if you want

to withdraw cryptocurrencies

to another exchange account or to a

wallet or you want to withdraw

fiat currencies to a bank account all of

that is covered in this video

i will leave all the time stamps to the

different sections in the description

for you

along with some other helpful videos

more binance tutorials and other links

that you should check out

you can click the link in the

description to come through to the

binance homepage

if you haven't got an account yet i have

other tutorials that show you how to

sign up and get everything done

so i'll leave those in the description

as well let's come through to withdraw

our cryptocurrency first

we can come through to the wallet menu

and then come down to fear and spot

to see all of the deposits that we have

on account for both our fiat currencies

and our cryptocurrencies

you can show and hide your balances by

clicking this toggle right here

but as we scroll down we can see the

balances for firstly our fiats and then

our cryptos

there's a few reasons why you'd want to

withdraw cryptocurrencies from your

account the first one is you want to

send it over to a different exchange

so that you can trade that

cryptocurrency versus some other cryptos

that may not be supported on binance you

can also withdraw cryptocurrencies from

your binance exchange account

and send them to other wallets for

example mobile wallets or hardware

wallets

something like a trezor one hardware

wallet is quite low cost and has very

good security

the process of transferring coins to any

type of wallet either a hardware wallet

a mobile wallet or another exchange is

actually exactly the same though

so let's come down to see all of our

cryptocurrency balances and they'll be

listed here for you

you can sort them by the amount

available or the total that you have of

each coin go ahead and select a

cryptocurrency that you want to withdraw

so in this instance i'm going to choose

bitcoin

come and click on withdraw and then it

will take us through to the withdrawal

screen

binance actually gives you some very

helpful tips which you can go through

and make sure that you're doing the

right thing i'll just press done on

these

and show you step by step firstly just

choose the coin that you want to

withdraw you can even change it here

and then you can go and see all of the

coins that you have and you can even

search for them so eth

or bnb coin anything that you have you

can search for here and select

you'll also see the total balance and

the available balance that you have on

account

because you may have some coins locked

away for staking

then you have to enter the recipient's

bitcoin address in this bar here

if you want to withdraw to another

exchange i'll show you how to do that

now you can come to

whatever exchange that you're using and

come to the deposits tab

the menu system will be different

depending on what app you use but any

exchange will have a deposit feature

so click on that one and then it will

give you the address

i'll click on yes acknowledge and then i

can get here

generate new address kraken for example

creates many new addresses that you can

use

but they will have a deposit address and

this will be a bitcoin address

as well you can simply come through and

select and then copy this

and then go back to your binance

withdraw page and then paste this

address

into the recipient's address field then

you have to choose the transfer

network that you are going to make the

transfer on it's really important

that this is exactly the same between

the two accounts

if you use the incorrect network then

the coins will be lost

so we're going to choose the bitcoin

network for this one because that is

what kraken uses

then you can go ahead and choose how

many bitcoin that you want to send

you can place any amount in here and

then check the transaction fee

and how many bitcoin you will get at the

end there is always going to be a

transaction fee for this because you

always pay

a fee to the network for processing the

transaction you can then click submit

and that will be sent over to the

recipient address that you have here

whether it's a cracking exchange account

or a coinbase account

a trustworthy account or a hardware

wallet like the trezor one

if you come back to the exchange or the

wallet that you're using there is always

an option to generate a qr code

if you have the finance smartphone app

it's easy to scan this you can come over

to wallets

then click on withdraw then you can

scroll around and see what coins that

you own

or search for them for a keyword here i

have some search history as well

so you can click on this you then come

through to the coin withdrawal screen

and you can come and paste the address

in the box or press

this icon right here and that will go

ahead scan the qr code that's generated

by the other wallet

and input all of the information for you

withdrawing fiat currencies is more or

less the same so you can come through to

your wallet click on fear and spot come

and see all of your balances of the fiat

currencies that you hold on your account

and then come through to withdraw if

you're new to binance or don't have an

account yet you do need to give over all

of your information

including your id documents to binance

if you want to withdraw fiat currencies

your name on account with binance

absolutely must match the name on your

bank account

this is what the verify details page

should look like so if you're in this

screen

on the right hand side there should be a

verify your info button

and then you can go through all of the

on-screen instructions i'll leave a

video in the description on how to

actually sign up for an account with

binance

but simply choose the fiat currency that

you want to withdraw so you can search

for them all here

i will choose gbp you can then choose

the withdraw method

come over to enter the amount so how

many that you actually want to withdraw

you can see the fee and how many that

you will actually get

you can then go through and press

continue and input all of the bank

details

that you want to withdraw the fiat

currency to

if you've currently got cryptocurrencies

and wondering how to actually transfer

them into pound sterling or us dollars

to transfer them out into a bank account

you can come up into the trade section

click on convert then you can simply

sell your cryptocurrency

and convert it into various fiat

currencies here that are supported

us dollar and euros being one of them if

it isn't supported in the otc portal

you'll have to come through to trade and

advanced

you can then see all the markets

supported by finance

for your fiat currency come up to the

market that you want to sell

so i'll use bitcoin as an example i can

then type in gbp

these are then all the bitcoin pound

sterling markets i can trade bitcoin

against pound sterling

i can go and sell bitcoin and i can see

i can sell my bitcoin for this many gbp

and that will be deposited in my binance

account for me to transfer out

this will change of course depending on

which currency that you actually want

and if you do want a more detailed

step-by-step guide on how to actually

trade buy

and sell cryptocurrencies and fiats on

binance do check out the binance

playlist on the channel

next i want to come to something called

whitelist addresses and it's really

important to add an extra layer of

security

onto your account so once you do have an

account you can come up to your icon

and then come down to security you can

white list a number of external

addresses that you can send crypto

currencies to

so if you have another exchange account

on kraken or coinbase

if you use a wallet like coinbase wallet

or trust wallet you can put many of the

cryptocurrency addresses in here by

clicking manage

adding them and then giving them names

you can then click on the whitelist

this will mean that even if someone does

hack into your account

they will only be able to send

cryptocurrencies to whitelisted

addresses

in order for anyone to change these

addresses they will have to go through a

second authentication either via email

or sms message

i'd recommend turning this on just to

increase the security of your account

overall

though there are some withdrawal options

from binance for both cryptos