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Binance Visa withdrawal is a 5-step process that allows you to transfer USD to your bank account.
For this process, traders must exchange their crypto for USD, use the “Paymonade” payment provider, and verify the transaction via email and 2-factor authentication.
How to Cash Out via Visa or MasterCard on Binance
You can easily request and confirm a payout to your Visa or Mastercard (debit or credit card) on Binance exchange by following these simple steps. Binance Visa withdrawal overview:
- Enter the “Cash In” section on the dashboard;
- Choose the asset you want exchange to USD and enter the amount;
- Select “Paymonade” as the cash-out method;
- Complete security verification;
- Take a selfie with your device camera;
- Fill in the address and source of income;
- Upload proof of address;
- Enter card details.
#1 Login to Binance and Access the Payout Section
Start by logging into your Binance account. From the left menu, navigate to the "Dashboard" section, then select the "Cash in" option to begin the process.
#2 Select the Asset You Want to Exchange and Enter Cash-Out Amount
Choose the "Sell" tab and select the asset you want to exchange to USD. Then, enter the amount you want to receive.
#3 Choose the “Paymonade” Option
Among the available methods, select "Paymonade (Visa/Mastercard)" to continue.
#4 Complete Two-Step Verification
Input the code from your Authenticator app, and another code will be sent to your email.
Note: If this is your first bank card cash out, you must verify your identity in the Paymonade website.
#5 Enter Card Details Securely
Provide your Visa card number, expiry date, and CVV in the designated fields.
Your request will be reviewed, and funds will be credited to the bank account linked to your Visa or MasterCard in 1 to 3 business days.
TF Expert Suggestion
Binance Visa withdrawals require a valid Visa or MasterCard bank card and typically take 1 to 3 business days to complete. This method provides a secure and convenient way to transfer funds from your Binance wallet to your bank account.
Discover more Binance deposit and withdrawal options by heading over to the Binance tutorial page.
