Convert Bitcoin into Cash | Binance
Bank Transfer
A domestic wire transfer where the originator and beneficiary institutions are located in the same country. A bank transfer refers to any chain of wire transfers that takes place entirely within the borders of a single country. Domestic wire transfers are often processed within 24 hours but may also vary depending on your country.
Transfer With a Specific Bank
A transfer to another individual using the same bank as you. This option allows you to add your bank account information if you are unable to find the name of your bank.
SEPA (EU) Transfer
Single Euro Payment Area (SEPA) transfers. These wire transfers simplify money transfer for Euros. Please note that SEPA transfers can take anytime between a few seconds to 2 business days, depending on the country you are in.
SWIFT Transfer
Society for Worldwide Interbank Financial Telecommunications are transactions processed via the SWIFT network. Payment types can range from direct deposits to international bank transfers. Transfers generally take 1-5 working days. The bank processing the payment may charge around 3 to 4% as part of their service.
Cash Deposit to Bank
You can deposit cash into the seller’s bank account at your local bank branch or via an ATM. The money will be available instantly or by the next business day, depending on your bank’s policy.
Cash in Person
Offline payment method and the only method that requires face-to-face (F2F) meetings to complete transactions. You will need to arrange a meeting with the counterpart in a safe place and exchange the crypto for cash.
Online Wallet
Customers can transfer money from one wallet to another if both parties have the same e-wallet. The transfer is done instantly.
Mobile Top Up
It is a transfer where you add credit to the recipient’s mobile number. All you need to know is their phone number.