![]() ![]() The first thing you'll need to do is to log into your account. When you have an account on Binance US, you'll be able to withdraw money from your wallet using an ACH transfer. When you’ve entered the code, you can click on Submit to complete the withdrawal. Once you've clicked on Submit, you'll be asked for a six-digit verification code that will be sent to your email or SMS, and Google authenticator, depending on your specific account settings. Once you've done this, you can click on Submit. You’ll need to copy this address and paste it into the Binance Withdrawal page you opened earlier. Once you’ve clicked on Receive, you'll receive the address to which the cryptocurrency must be sent from Binance. In this example, we’ll use Trust Wallet to illustrate the process. Keep in mind that, depending on your specific wallet, this functionality could differ. In your wallet, you’ll need to select the Receive option. The next step is to go to your external wallet. So, this means, in this example, you'll need to choose one of these options. For instance, with BNB, the currency is issued on the Binance Chain as a BEP-2 token, and it's issued on the Binance Smart Chain as a BEP-20 token. In May, Bitcoin prices fell to a 20% discount on the Australian branch of Binance when local banking and payments partners suspended their services causing a rush to sell and cash out.How to Withdraw Binance Coin from BinanceĪlso note that, if the cryptocurrency you want to withdraw is issued on multiple networks, you'll need to select which network you'd like to make a withdrawal on. The company has also had problems with banking partners in Australia. Of the 150 crypto assets that Binance.US supports, only BTC, ETH, ADA, BNB, LTC, MATIC, SOL, VET, USDC and USDT will be tradable against the dollar. However, it noted that it would remove most “USD Advanced Trading pairs” from the platform on the same date. Related: Binance.US coins trade at premium amid litigation fears, fiat gateway issues The announcement also included details of more USDT trading pairs with ANKR, DAI, DASH, HBAR, ICX, IOTA, RVN, WAVES, XNO, XTZ and ZIL being added on June 26. Binance.US Customer Support June 22, 2023Īny remaining USD balances held in customer accounts could be converted into Tether ( USDT) at a future date, it noted. While USD withdrawals remain fully operational, we encourage you to use, withdraw, or convert your… /LWDWVvwtoq Reminder: As we transition to a crypto-only exchange, will remove select USD Advanced Trading pairs from our platform on 6/26 at 8 p.m. ![]() “While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future.”īinance.US is also encouraging its users “use, withdraw, or convert your USD to a stablecoin to continue crypto-to-crypto trading,” as it transitions to a crypto-only exchange. ![]() In its most recent statement, Binance.US has encouraged any customers that have a failed withdrawal attempt to resubmit their requests “as our systems remain fully operational,” but cautioned that the relief may not be permanent. On June 9, the exchange suspended dollar deposits and notified its customers of an incoming pause to fiat withdrawal channels amid its ongoing battle with the Securities and Exchange Commission.Īt the time, it also warned customers that its banking partners were preparing to pause fiat withdrawal channels as early as June 13 however, that didn’t end up coming to pass as yet. dollar withdrawal requests are expected to go back to their normal five-business-day turnaround. The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its system remains fully operational and that U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last. United States crypto exchange Binance.US has informed customers it has resolved its U.S. “While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.
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