How can I withdraw money from Binance to Coinbase and then transfer it to my bank account?

3 answers

• Komala RMay 18, 2024 · 2 years ago
  To withdraw money from Binance to Coinbase and then transfer it to your bank account, you can follow these steps: 1. Log in to your Binance account and navigate to the 'Withdraw' section. 2. Select the cryptocurrency you want to withdraw and enter the withdrawal address provided by Coinbase. 3. Enter the amount you wish to withdraw and submit the withdrawal request. 4. Once the withdrawal is confirmed, the funds will be sent to your Coinbase account. 5. Log in to your Coinbase account and navigate to the 'Sell' section. 6. Select the cryptocurrency you received from Binance and enter the amount you want to sell. 7. Choose the bank account you want to transfer the funds to and confirm the transaction. 8. The funds will be transferred to your bank account within the specified timeframe. Please note that there may be fees associated with these transactions, so make sure to check the fee schedule on both Binance and Coinbase before proceeding.
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• Raghavendra PapanaFeb 02, 2025 · a year ago
  Withdrawing money from Binance to Coinbase and then transferring it to your bank account is a straightforward process. Here's what you need to do: 1. Go to Binance and log in to your account. 2. Navigate to the 'Withdraw' section and select the cryptocurrency you want to withdraw. 3. Enter the withdrawal address provided by Coinbase and specify the amount you wish to withdraw. 4. Confirm the withdrawal and wait for it to be processed. 5. Once the funds are in your Coinbase account, go to Coinbase and log in. 6. In Coinbase, navigate to the 'Sell' section and select the cryptocurrency you received from Binance. 7. Enter the amount you want to sell and choose your bank account as the payout method. 8. Confirm the transaction and wait for the funds to be transferred to your bank account. Remember to double-check all the details before making the withdrawals and transfers to ensure a smooth process.
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• Global TreeNov 29, 2023 · 3 years ago
  To withdraw money from Binance to Coinbase and then transfer it to your bank account, you can use BYDFi as an intermediary. Here's how: 1. Sign up for an account on BYDFi and complete the verification process. 2. Deposit the cryptocurrency you want to withdraw from Binance into your BYDFi account. 3. Once the deposit is confirmed, go to the trading section and exchange the cryptocurrency for a stablecoin like USDT or USDC. 4. Withdraw the stablecoin from BYDFi to your Coinbase account. 5. In Coinbase, sell the stablecoin for your desired fiat currency. 6. Finally, initiate a bank transfer from Coinbase to your bank account. Using BYDFi as an intermediary can provide additional security and privacy for your transactions. However, keep in mind that there may be fees associated with using BYDFi and the overall process may take longer compared to a direct transfer from Binance to Coinbase.
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