This guide will show you how to withdraw from Binance to your local bank account.

For countries like Nigeria where you can’t make a direct withdrawal to your local bank account, you have to go through using P2P. You can use a good P2P platform like Paxful where the buyer will send the money to your account.

You should also be aware of the high charges if your transaction involves a low amount then it’s not going to be worth it as the charges are big.

Other questions that might interest you:

How long does it take to withdraw on Binance?

It depends on the payment method you’re using. But you should know it usually takes less than 30 minutes. This may be longer if the network is busy.

How to cancel withdrawal on Binance?

Canceling your Binance withdrawal can be a bad idea as it may cause issues. However, there’s no cancellation button for cancelling withdrawal on the platform.