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Binance Withdrawal Guide: Crypto Transfers & P2P Cashout

On-chain withdrawals send crypto to a wallet or another platform. P2P cashout sells crypto for a payment in a supported fiat currency.

Sell USDT for a payment

  1. Open Trade → P2P → Sell and choose USDT.
  2. Select the currency and a payment method in your verified name. Compare buyer quotes, records and limits.
  3. Enter the amount and place the order.
  4. Check your bank or payment app for the full payment and matching payer name.
  5. Release the USDT only after confirming receipt. Save the order and payment records.

A transfer screenshot is not proof of receipt. For missing, partial or third-party payments, use the order appeal process. See the official P2P rules.

Withdraw to a wallet or exchange

  1. Get the receiving platform’s deposit address and network for that asset.
  2. Choose Withdraw in Binance and enter the same asset, network and address.
  3. Include a Memo or Tag when required.
  4. Check the received amount, fee and minimum before completing security verification.
  5. Find the transaction hash (TxID) in your withdrawal history to track progress.

Both sides must support the same network. See USDT withdrawal networks.

Costs and arrival time

Binance shows the withdrawal fee and estimated arrival time before submission. Check the official deposit and withdrawal fees before selecting a network. Network and platform processing can affect timing. For P2P, compare the final payment received for the same crypto amount and check the order’s fees.

For a delay, check the withdrawal or payment status first, then follow missing USDT troubleshooting.