Binance is one of the most popular platforms for converting USDT to fiat and withdrawing to a bank account. With average daily trading volume exceeding $36 billion in 2025, it supports bank withdrawals in dozens of currencies worldwide.

Step 1: Log In and Verify Your Account

Ensure your KYC verification is complete. Navigate to your profile and check your verification level — standard KYC allows most fiat withdrawals.

Step 2: Deposit USDT to Binance

Go to Wallet → Spot → Deposit. Select USDT and choose TRC-20 (recommended for lower fees). Copy the deposit address and send USDT from your external wallet.

Step 3: Sell USDT for Fiat

Go to Trade → Spot and search for the USDT/USD (or your local currency) pair. Place a market order to sell your USDT instantly at the current rate.

Step 4: Withdraw Fiat to Bank

Navigate to Wallet → Fiat and Spot → Withdraw. Select your currency and choose your bank withdrawal method — ACH (US), SEPA (Europe), SWIFT (international), or local bank transfer. Enter the amount and confirm.

Binance Withdrawal Fees and Times

• ACH (USD, USA): Free, 1–3 business days
• SEPA (EUR, Europe): Free, 1–2 business days
• SWIFT (international): $15 flat fee, 3–5 business days

For large USDT to bank transfers on Binance, consider splitting transactions across multiple days to stay within verification limits and avoid account holds.