How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (2024)

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How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card

2022-01-26 03:27

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You can now sell your cryptocurrencies for fiat currency and have them transferred directly to your credit/debit card on Binance.

1. Log in to your Binance account and click [Buy Crypto] - [Credit/Debit Card].

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (17)

2. Click [Sell]. Select the fiat currency and the cryptocurrency you want to sell. Enter the amount then click [Continue].

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (18)

3. Select your payment method. Click [Manage cards] to choose from your existing cards or add a new card.

Please note that you can only save up to 5 cards. Currently, Binance supports Visa and Master cards when selling crypto to fiat currency. (Please note that Mastercard only supports cards issued in the EEA countries and the UK and cards with an EEA/UK residential address.)

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (19)

4. Check the payment details and confirm your order within 10 seconds. Click [Confirm] to proceed. After 10 seconds, the price and the amount of crypto you will get will be recalculated. You can click [Refresh] to see the latest market price.

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (20)
How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (21)

5. Check the status of your order.

5.1 Once your order is successfully processed, you can click [View History] to check the details.

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (22)

5.2 If your order fails, the cryptocurrency amount will be credited to your Spot Wallet in BUSD.

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (23)

1. Log in to your Binance App and tap [Credit/Debit Card].

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (24)

2. Select the crypto you want to sell, then tap [Sell].

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (25)

3. Select your receive method. Tap [Change card] to choose from your existing cards or add a new card.

Please note that you can only save up to 5 cards. Currently, Binance supports Visa and Master cards when selling crypto to fiat currency. (Please note that Mastercard only supports cards issued in the EEA countries and the UK and cards with an EEA/UK residential address.)

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (26)

4. Once you have successfully added or chosen your Credit/Debit card, check and tap [Confirm] within 10 seconds. After 10 seconds, the price and the amount of fiat currency will be recalculated. You can tap [Refresh] to see the latest market price.

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (27)

5. Check the status of your order.

5.1 Once your order is processed successfully, you can tap [View History] to see your selling records.

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (28)

5.2 If your order fails, the cryptocurrency amount will be credited to your Spot Wallet in BUSD.

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (29)
How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support (2024)

FAQs

How to Sell Cryptocurrencies to Fiat Currency and Directly Transfer to Credit/Debit Card | Binance Support? ›

Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount. You'll quickly exchange cryptocurrency into cash, which you can access from your cash balance in Coinbase. From there, you can transfer the money to your bank account if you wish.

How do I sell crypto to my debit card? ›

Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount. You'll quickly exchange cryptocurrency into cash, which you can access from your cash balance in Coinbase. From there, you can transfer the money to your bank account if you wish.

How do I cash out crypto to fiat? ›

After depositing Bitcoin to your Xapo Bank Bitcoin account, you can initiate a crypto-to-fiat exchange:
  1. Tap Exchange on the Wallet tab.
  2. Input the amount of BTC to exchange or tap Use full balance.
  3. Tap Continue.
  4. Review the order and tap Confirm to proceed.
  5. Find your just-exchanged USD in your USD account.

How do I convert crypto to credit card? ›

Sell crypto like Bitcoin and Ethereum in 3 simple steps
  1. Choose. Select the cryptocurrency you'd like to sell from the drop-down menu and enter the amount you wish to trade for fiat.
  2. Connect. Enter your email address and choose between bank transfer or the credit/debit card where you'd like to receive your funds.
  3. Checkout.

How to turn crypto into cash? ›

‍A: You can cash out Bitcoin through exchanges like Coinbase, Kraken, or Binance by linking your bank account, or use Bitcoin ATMs for direct conversion to cash. Smaller exchanges like HODL HODL, and decentralized finance applications, offer other cash-out methods.

How do I transfer bitcoins to my debit card? ›

Since BTC doesn't support the system of direct withdrawal to bank accounts, it is possible to sell them to third parties via an exchange and then withdraw the funds via an ATM cash-out or to your TRASTRA wallet.

How to turn Bitcoin into cash instantly? ›

Bitcoin ATMs are a way to get immediate access to cash using your bitcoins. Bitcoin ATMs do not operate like traditional ATMs. In order to make a cash withdrawal and sell your Bitcoin from the ATM, the machine provides a QR code to which you send your Bitcoin. You simply wait a couple of minutes and receive your cash.

What is the best exchange to sell crypto for fiat? ›

Here is the list of the top fiat-to-crypto exchanges that will be discussed here:
  • Binance.
  • Kraken.
  • Coinbase.
  • Bybit.
  • KuCoin.
  • Bitfinex.
  • Bitstamp.
  • CEX.IO.

How to cash out large amounts of crypto? ›

Cashing out Bitcoin is best done via a third-party broker, over-the-counter trading, or on a third-party trading platform. You can also trade it peer-to-peer. Cashing out a massive amount of Bitcoin comes with limited restrictions on daily withdrawals.

How to transfer crypto to bank account? ›

You only need a crypto wallet and digital funds to do the following.
  1. Find a Reliable Crypto Exchange Platform. ...
  2. Send BTC to the Exchange. ...
  3. Sell Your Crypto Funds. ...
  4. Withdraw to Your Bank Account.
Jan 5, 2024

Can you sell crypto instantly? ›

How Long Does it Take to Sell Bitcoin? Depending on your payment method, it can take anywhere from 2 seconds to several days. When using methods like PayPal and credit cards, the transaction is usually instant (although it can take some time to show up on your account).

Can you put crypto on a credit card? ›

Though there are some crypto exchanges and services that allow crypto purchases with credit cards, you will be charged exorbitant fees for the privilege. Credit card issuers usually code crypto purchases as a cash advance—which tacks on a flat cash-advance fee and extremely high interest charges that start immediately.

What is the limit on BitPay debit card? ›

For cardholder protection, the maximum amount that you can withdraw from an ATM at one time is $2000. Your daily ATM withdrawal limit is $6000, and you have a maximum of 3 withdrawals per day. This number Includes: bank teller, ATM, and cash back from POS purchases.

What is the cheapest way to sell crypto? ›

Kraken's professional-grade trading platform, Kraken Pro, is our pick for the best low-fee exchange because it charges some of the lowest fees in the crypto asset exchange landscape. It's also our top choice for experienced traders, as it offers advanced order types and supports margin and futures trading.

What is a spot wallet? ›

Spot is the safest non custodial crypto wallet (aka self-custody wallet) to store and really own your crypto. Unlike exchange platforms, Spot does not control your crypto. Store, swap, buy, sell or stake cryptos in a snap! Spot is a super easy & fast crypto wallet for web3.

Does BitPay have a debit card? ›

The BitPay Card works like any other debit card. But, instead of using funds from a bank account, you can add funds from the BitPay Wallet app or your Coinbase account. After funding your card, you are ready to use it practically anywhere. Use the BitPay crypto debit card in-store or online.

How do I sell crypto to my bank? ›

Steps to Sell:
  1. Register and verify identity on the exchange.
  2. Deposit your cryptocurrency into the exchange wallet.
  3. Sell your cryptocurrency for the desired currency.
  4. Withdraw the funds to your bank account.

Can I transfer money from my crypto card to my bank account? ›

You can withdraw fiat money (like USD, EUR, GBP, etc.) from your Crypto.com account to your bank account. First, go to your Fiat Wallet on the app, select “Transfer”, then “Withdraw”, and finally “Fiat”. Enter the amount and confirm your bank details, then complete the withdrawal process by following the prompts.

How do I withdraw money from my crypto card? ›

To do so, ensure that you have funds loaded onto your Crypto.com card, either through cryptocurrencies or fiat currency using the Crypto.com app. Once your card is funded, you can use any ATM to withdraw cash. It's important to note that there are fee-free ATM limits depending on your card tier.

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