How do I Transfer USDT from Binance Wallet to Bank Account?

Transferring USDT (Tether) from your Binance wallet to your bank account requires a few key steps, including converting USDT into a fiat currency and withdrawing it through a suitable payment method. Below is a step-by-step guide to help you through the process.

Read More: How to Transfer Funds from Binance Wallet to Bank Account

Step 1: Log in to Your Binance Account

1. Visit Binance and log in to your account using your credentials.

2. If you have Two-Factor Authentication (2FA) enabled, complete the verification process.

Step 2: Convert USDT to Fiat Currency

Most banks do not support direct USDT withdrawals, so you must first convert USDT into a fiat currency (such as USD, EUR, or your local currency).

Option 1: Using Binance Convert

1. Navigate to Trade > Convert.

2. Select USDT as the currency you are selling and choose the fiat currency you wish to receive.

3. Enter the amount and click Preview Conversion.

4. Confirm the conversion and wait for it to be processed.

Option 2: Using Spot Trading

1. Go to Trade > Spot.

2. Select a USDT trading pair such as USDT/USD.

3. Choose a market or limit order to sell USDT for fiat.

4. Confirm the trade and ensure the fiat currency is credited to your wallet.

Step 3: Withdraw Fiat to Your Bank Account

Once you have fiat currency in your Binance wallet, you can proceed with the withdrawal.

1. Navigate to Wallet > Fiat and Spot.

2. Click on Withdraw and select Fiat.

3. Choose the fiat currency you converted USDT into.

4. Select a withdrawal method. Common options include:

   • Bank Transfer (SWIFT, SEPA, Wire Transfer)

   • Debit/Credit Card Withdrawal (available in some regions)

   • Third-Party Payment Services (e.g., PayPal, Advcash, etc.)

5. Enter your bank details and the amount to withdraw.

6. Review the transaction details and confirm the withdrawal.

7. Wait for the funds to be processed and received in your bank account (typically 1-5 business days, depending on the method used).

Step 4: Confirm the Transaction

After completing the withdrawal, check your bank account to ensure the funds have been received. If there are any delays, verify the transaction status on Binance and contact customer support if necessary.

Tips for a Smooth Transaction

• Ensure your bank supports crypto-related transactions to avoid any issues.

• Check Binance’s withdrawal fees and limits before initiating a transfer.

• Always double-check your bank details to avoid errors.

• Use a verified Binance account to prevent withdrawal restrictions.

By following these steps, you can successfully transfer USDT from Binance to your bank account with ease. Happy trading!