To sell Bitcoin on Binance and transfer the funds to your bank account, follow these steps. First, ensure that you are using the Binance Pro version of the app for access to advanced features. Start by going to the "Wallets" tab where you'll see all the cryptocurrencies you own. If you want to sell Bitcoin, select Bitcoin from your list of assets.
Once selected, you'll need to sell your Bitcoin by tapping on the "Sell" option. After the sale, the equivalent amount in your local currency will be available in your Binance account. To transfer this amount to your bank, navigate to the "Withdraw" option. You'll have two primary methods to choose from: sending the funds to another Binance user instantly or transferring them to your bank account via a bank transfer.
If you haven’t linked your bank account yet, you'll need to go to the "Deposit" section and add your bank account details. Once this is done, you can complete the withdrawal process, and the funds should be transferred to your bank account shortly.
0:00 Introduction
0:10 Accessing the Binance Pro version
0:20 Navigating to the Wallets tab
0:26 Selecting Bitcoin for sale
0:35 Selling Bitcoin
0:45 Withdrawing funds to bank
0:58 Conclusion
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