How to Withdraw GBP Funds from your Binance Account

Tutorial guide on how to withdraw gpp funds from your binance account straight to your bank account now there's a couple of different ways to do this we're only going to be focusing on first method which is via bank transfer or otherwise called faster payments so let's get started with step one so whether you're visiting from the binance website make sure that you're logged in you then go to the navigation bar you would select wallet and then you would select fee and spot via the drop down menu you would then be directed to your wallet overview page where you'll be able to see the button that says withdrawal so you then essentially would click on that if you're coming from the pro mode you would go to your wallet um icon right here and then you'd select withdraw as well so whether you're coming from the binance app or web you'll then be directed to selecting the payment network so for the purpose of this video we're going to use bank transfer or faster payments so make sure that you click continue and then you'll be directed to this next page where you can enter the amount that you wish to withdraw so let's say you want to withdraw 50 pounds you would then type in 50 pounds and then in the next section where you would select your bank account make sure that you enter the account number and sort code of the bank account that you wish to receive the funds into please note that you can only withdraw to a bank account that you previously used to deposit funds from so that makes logical sense you don't want to deposit and withdraw funds to separate account so once you've selected the the right bank account that you wish to withdraw funds make sure you click continue and effectively you will be asked to complete some two-factor authentication to verify the transaction so we can add that layer of protection to your account so once you've clicked submit um the funds would then be processed and then it typically takes about a few minutes to a few hours for the transactions to resolve so faster payments is typically an automatic payment network but usually transactions will get flagged for a human to check and this can be due to many reasons such as insufficient funds reaching your daily withdrawal limit or for risk reasons uh regardless of what this reason is we may ask you for additional information so please make sure that you provide this information to verify this transaction um banks can actually reject payment straight up so please make sure that you also contact your bank to make sure that they are receiving the payment and they're not just blocking it and sending it back to your balance account if you're having any issues with your withdrawal whether it's your fiat withdrawal or your crypto withdrawal please contact our binance customer support via live chat and provide the following information to kind of speed up the the resolution process so if it's a bank withdrawal so make sure you type in your transaction id your method of draw and the withdrawal amount if it's a crypto withdrawal make sure you type in your transaction id withdraw or send address and the token name that you're actually using to withdraw and not have crypto in your binance wallet and you want to send it to your uk bank account you actually need to sell the crypto into gbp first so you would then convert it or sell it to to gvp and then from there you share a withdrawal with your gbp so that's how you would then convert or you know sell your crypto into into fiat and that's it from me thank you so much.