Converting cryptocurrency to CNY and withdrawing to a bank card on Binance is mainly done through P2P selling. Make sure you've registered on Binance and completed identity verification. Download the Binance APP for a smoother mobile experience.
Preparation Before Withdrawal
- Ensure KYC identity verification is complete
- Bind a bank card as a payment method in P2P settings
- Transfer the crypto you want to sell to your Funding account
P2P Selling Withdrawal Steps
- Open the Binance APP and tap "Sell"
- Select "P2P Trading"
- Choose the crypto to sell (typically USDT)
- Browse the buyer list and select one with a good offer
- Enter the amount to sell and confirm the order
- Wait for the buyer to transfer payment to your bank card
- Tap "Release Crypto" after confirming receipt
Important Notes
- Only release crypto after confirming the bank card deposit notification -- don't rely solely on screenshots
- Choose buyers with good reputation, paying attention to completion rates and ratings
- For large transactions, consider splitting into multiple orders
- The receiving bank card should ideally be a commonly used card under your own name
Arrival Time
After the buyer transfers, funds typically arrive within minutes, depending on the bank's processing speed. Weekdays are usually faster than weekends.