How to withdraw crypto from Binance

How to withdraw crypto from Binance to a wallet you control, choosing the right network, so you can verify the funds for a crypto proof-of-funds letter.

Binance is a custodial exchange that holds the keys on your behalf, which changes how verification works (see the note at the end). The withdrawal flow is similar across Binance interfaces; availability of specific assets and networks depends on your region and platform.

How to withdraw

  1. Sign in to Binance and go to Withdraw, then select the crypto.
  2. Choose Send via crypto network (not an internal/email transfer) and enter the destination address.
  3. Select the correct network — Binance lists several (e.g. an asset may be sendable on multiple chains). The network you pick MUST match the destination wallet. This is the most common and most costly mistake on Binance.
  4. Enter the amount; review the network fee Binance displays.
  5. Complete 2FA / security verification.
  6. Submit, then track the withdrawal to the required confirmations.

Notes specific to exchanges

  • Address whitelisting may be enabled, requiring you to add and confirm the destination before withdrawing.
  • Network names on Binance don't always match other apps' wording — match by the underlying chain, not just the label.
  • Withdrawal limits depend on your verification level; new accounts or recent changes can trigger holds.
  • Confirmation timing is network-dependent (see Crypto transfer timing).

Verifying funds that start on an exchange

Binance holds your keys, so you can't sign a message or do a verifiable test transfer from it. The clean path is to withdraw to a wallet you control, then verify that wallet by signature or test transfer — giving you a self-custodied basis for proof of funds.

For current withdrawal steps, see Binance's official support documentation.

Ready to verify your funds?Turn your crypto into a proof-of-funds letter sellers accept — and close as a cash buyer.