What is the process for selling crypto on Binance and withdrawing the money to a bank account?
LatifMay 05, 2022 · 3 years ago1 answers
Can you explain the step-by-step process for selling cryptocurrency on Binance and withdrawing the funds to a bank account?
1 answers
- May 05, 2022 · 3 years agoHey there! Selling crypto on Binance and withdrawing the money to your bank account is a piece of cake. Just follow these steps: 1. Log in to your Binance account and go to the 'Trade' section. 2. Choose the cryptocurrency you want to sell from the available options. 3. Select the trading pair you prefer, like BTC/USD. 4. Enter the amount of crypto you want to sell and review the order details. 5. Click on the 'Sell' button to place your sell order. 6. Once your order is filled, the funds will be credited to your Binance account. 7. Head over to the 'Wallet' section and click on 'Withdraw' next to the cryptocurrency you sold. 8. Enter your bank account details, including the account number and routing number. 9. Double-check the withdrawal details and click on the 'Submit' button. 10. Binance will process your withdrawal request, and the money will be sent to your bank account soon. That's it! You've successfully sold your crypto on Binance and withdrawn the funds to your bank account. Happy trading!
Related Tags
Hot Questions
- 63
What are the tax implications of using cryptocurrency?
- 51
How can I protect my digital assets from hackers?
- 41
How does cryptocurrency affect my tax return?
- 40
What are the best practices for reporting cryptocurrency on my taxes?
- 35
How can I minimize my tax liability when dealing with cryptocurrencies?
- 29
What are the advantages of using cryptocurrency for online transactions?
- 23
Are there any special tax rules for crypto investors?
- 23
What are the best digital currencies to invest in right now?