Post
Topic
Board Altcoin Discussion
Re: Binance-Cash
by
AVE5
on 21/02/2025, 05:42:55 UTC
May I convert Btc or altcoins on Binance to cash and directly transfer to my bank acc?

I guess you mean if you can exchange your crypto coin in your binance exchange to cash.
Yes you can always do that using the P2P feature so you don't just convert and transfer the funds directly to your bank account but must convert your bitcoin or any other coins to USDT and then find a vendor in the trade market to sell your asset to and then the vendor sends the money directly to your bank account while you releases asset sold to the vendor. However, there's always an escrow to handle every dispute between you the seller and the vendor the buyer. That is Incase of cheats or misunderstanding between both of you.
And as for your information, before being allowed to use the binance p2p, you must have meet up the kyc requirements.