A lot of newbies lose money just trying to cash out their crypto. Here’s how to do it right through Binance without unnecessary fees:
Step 1: Prepare your balance
Go to "Wallet" → "Funding"
It's best to use USDT — it's stable and super liquid.
Minimum — from $10, but it's better to work with $20+ to have a decent range of orders.
Step 2: P2P — the main method
Open Binance P2P and set:
• Currency: USD / EUR / UAH
• Payment: bank card / SEPA
• Sellers: from 98% rating and 200+ trades
What’s important to know:
• "No fee" — it's conditional, the difference is already in the rate
• A good rate isn’t always the first on the list
How it works:
— selected a buyer
— received the money
— confirmed the trade
Usually takes up to 15 minutes.
Step 3: If you don’t want P2P
You can cash out through the network:
• TRC20 (TRON) — about $1 fee
• Other networks are more expensive
Then — exchanges or other platforms, but that's less convenient.
Step 4: Don’t lose money
• Always check that the money has really come in
• Don’t trust "transfer is already processing"
• Avoid accounts without history
• For large amounts, it's better to split them
#USDT