How to Withdraw from Binance (2026): Step-by-Step Guide
Withdrawing Crypto to a Wallet
Step 1: Log in and go to Withdraw
- Log in to binance.com
- Click “Wallet” in the top menu → “Fiat and Spot”
- Find the asset you want to withdraw
- Click “Withdraw”
Or: hover over Wallet → click “Withdraw” directly, then search for the coin.
Step 2: Enter the Withdrawal Address
- In the “Address” field, paste your wallet address
- Double-check every character — crypto transactions are irreversible
Getting your address:
- For MetaMask: click your account name to copy the address
- For Ledger/Trezor: use Ledger Live or Trezor Suite to get a verified receive address
- For another exchange: go to that exchange’s Deposit section and copy the address
Step 3: Choose the Network — Critical Step
This is where most mistakes happen. The same token (e.g. USDT) exists on multiple blockchains, and each has a different address format and network fee.
Common networks for popular assets:
| Token | Available Networks | Notes |
|---|---|---|
| ETH | Ethereum (ERC20), Arbitrum, Optimism, Base | ETH on Arbitrum/Optimism is cheaper to send |
| USDT | Ethereum (ERC20), BNB Chain (BEP20), Tron (TRC20), Solana | TRC20 has lowest fees (~$1) |
| USDC | Ethereum, BNB Chain, Solana, Polygon | |
| BTC | Bitcoin (BTC), BNB Chain (BEP20) | Always use native BTC for Bitcoin wallets |
| BNB | BNB Chain (BEP20), Ethereum (ERC20) | |
| SOL | Solana | Only one network |
Rule: Match the network to the destination wallet. If you’re sending to MetaMask, choose Ethereum or an EVM network. If sending to Phantom, choose Solana.
Wrong network = lost funds. If you send ERC20 tokens to a Solana address, the funds are unrecoverable in most cases.
Step 4: Enter the Amount
- Enter the amount to withdraw
- Binance shows the network fee and the amount you’ll receive
- The fee is deducted from your withdrawal — make sure you have enough to cover it
Step 5: Complete Security Verification
Binance requires verification for withdrawals:
- Email verification code (sent to your registered email)
- 2FA code (from your authenticator app or SMS)
- Some accounts may require additional identity verification for large withdrawals
Step 6: Confirm
Review everything one final time:
- Correct address
- Correct network
- Correct amount
Click “Submit”. The withdrawal is submitted to the blockchain.
Withdrawal Processing Times
| Network | Typical Time |
|---|---|
| Bitcoin | 10–30 minutes |
| Ethereum | 2–5 minutes |
| BNB Chain | 1–3 minutes |
| Solana | Under 1 minute |
| Tron | 1–3 minutes |
| Arbitrum | 1–3 minutes |
Binance may hold withdrawals for security review — especially for new addresses or large amounts. A “Withdrawal pending” status usually means it’s in this queue.
Withdrawing Fiat to Bank Account
Step 1: Go to Fiat Withdrawal
- Wallet → Fiat and Spot → Withdraw → Fiat
- Select your currency (EUR, GBP, etc.)
- Choose your withdrawal method
Available Methods by Region
UK:
- Bank transfer (Faster Payments for GBP) — check current availability as Binance’s UK banking access has varied
- Fees: typically 0–1%
EU:
- SEPA bank transfer — widely available
- Typically free or low fee for EUR
US:
- Use Binance.US for US dollar withdrawals
- ACH bank transfer available
Step 2: Enter Bank Details
Add your bank account if you haven’t already:
- Click “Add bank account”
- Enter account number and sort code (UK) or IBAN (EU)
- Binance may send a small verification amount
Step 3: Enter Amount and Confirm
Review the fee and processing time, then confirm. Bank transfers typically take 1–3 business days.
Withdrawal Limits
Binance has daily withdrawal limits based on your verification level:
| Level | Crypto Limit | Notes |
|---|---|---|
| Unverified | 0.06 BTC/day | Very limited |
| Basic KYC | 200 BTC/day | Standard limit for verified accounts |
| Advanced KYC | Higher limits | For institutional/large withdrawals |
To check or increase your limit: Account → Identification → check your verification level.
Common Issues
“Withdrawal suspended” for a network:
Binance sometimes temporarily suspends withdrawals on a network during upgrades or high congestion. Try again later or use a different network for the same asset if available.
Withdrawal pending for hours:
Large withdrawals may be held for manual review. This is normal for accounts with new addresses or unusual patterns. You’ll receive an email when it completes.
Wrong network chosen — funds not arriving:
If you sent to a compatible address on the wrong network (e.g. ERC20 USDT to a wallet that expected BEP20), contact the receiving wallet’s support. In some cases, EVM-compatible wallets can access funds sent on the wrong EVM network by switching networks. Funds sent to a completely incompatible address (e.g. SOL to an ETH address) are typically unrecoverable.
2FA code not working:
Make sure your device time is synced correctly. 2FA codes are time-based — if your clock is off by more than 30 seconds, codes will be rejected.
Security Tips for Withdrawals
Whitelist withdrawal addresses: Binance’s address whitelist feature restricts withdrawals to pre-approved addresses only. Enable it in Security settings — it prevents attackers from withdrawing to a new address even if they compromise your account.
Always verify the address: Copy addresses from your wallet app directly. Avoid typing them manually. Some malware swaps clipboard addresses — paste and then manually verify the first and last 4 characters.
Use 2FA with an authenticator app: SMS 2FA is vulnerable to SIM-swap attacks. Use Google Authenticator or Authy.
Frequently Asked Questions
How long does a Binance withdrawal take?
Most crypto withdrawals complete in 1–30 minutes depending on the network. Bank withdrawals take 1–3 business days.
What is the minimum withdrawal amount?
Varies by asset and network. Typically a small amount to cover the network fee — check the withdrawal screen for the specific minimum.
Can I cancel a crypto withdrawal?
No — once submitted to the blockchain, crypto transactions cannot be cancelled. You can cancel a withdrawal that’s still in “Pending” status before it’s broadcast.
Are Binance withdrawals free?
Network fees apply to all crypto withdrawals — Binance passes the blockchain fee to you. Fiat withdrawals may have small fees depending on method and region.
Related guides:
- Best Crypto Exchanges 2026
- Coinbase vs Binance 2026
- How to Add BNB Chain to MetaMask
- Complete Guide to Ledger Hardware Wallets 2026
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