To withdraw USDT from Binance to your bank account using P2P, follow these steps:
Step 1: Set Up Your Binance Account
1. Register: Sign up on Binance if you don’t already have an account.
2. Verify Your Identity: Complete KYC verification to access P2P services.
Step 2: Access the P2P Platform
1. Log in to Binance: Head to Binance and log in.
2. Navigate to P2P: Click on “Trade” and select “P2P.”
Step 3: Sell Your USDT
1. Choose Sell: Select the "Sell" option on the P2P platform.
2. Select USDT: Choose USDT as the cryptocurrency to sell.
3. Pick a Buyer: Look for buyers with a high completion rate and favorable exchange rates.
4. Enter Amount: Specify the amount of USDT you wish to sell.
5. Select Payment Method: Choose a method like bank transfer to receive funds directly to your bank.
Step 4: Complete the Transaction
1. Review Order Details: Confirm all trade details before proceeding.
2. Communicate with Buyer: You may chat with the buyer for specific instructions.
3. Receive Payment: Check your bank account to confirm the payment has arrived.
4. Release USDT: Click “Release” on Binance once the payment is confirmed, completing the trade.
Step 5: Confirm the Withdrawal
Double-check that funds have successfully arrived in your bank account before releasing the USDT.
Important Tips:
Check Fees: P2P transactions are generally low-cost, but always confirm fees.
Security: Enable two-factor authentication (2FA) for added security.
Choose Trusted Buyers: Always select buyers with high ratings.
Customer Support: Binance support is available if you encounter issues.
Conclusion
Following these steps ensures a smooth process for withdrawing USDT from Binance to your bank account using the P2P platform. Double-check all transactions for safety, and verify payment before releasing funds. Happy trading!
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