So, I wanted to know how to withdraw FIAT from Binance, more specifically EUR. I made a post earlier and people said that you can do the crypto trade thing and transfer that amount to another exchange. And yes that can work perfectly fine, but requires a setup in another exchange.
I found a way for the people that don't want to make a new account that requires heavy confirmation or simply don't want to apply for a Visa credit/debit card (you can only withdraw FIAT with Visa atm).
-Probably most of you know this but a lot of newbies like me are kind of clueless so hear me out.-
Make a Revolut account which is really fast and requires only ID verification and a tax number thing. Took me like 10 minutes to set it up, most exchanges require extra paperwork , Coin Base and Kraken etc. , atleast for me (I live in Greece). Then what you wanna do is use the virtual cards , specifically the Visa one. Then go to your FIAT section in Binance , click withdraw , fill in the details of the visual Visa card provided to you by Revolut. You can now use that FIAT to buy stocks perhaps (you can already buy crypto in Binance so there's no point) or most importantly for my European folks out there with no Visa credit/debit card, send that FIAT to your bank account. :)
Hope this helped!
Edit 1: I know I said "but requires a setup in another exchange", which is why I titled this as an alternate solution that's imo a bit more appealing to the newbies. :P
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments