Key Takeaways
- Thinking of moving your crypto off Binance? Here's how to do it safely.
- Be sure that you are using the right network, here’s how.
- Want your crypto on CoinJar and cash out in Euro? We'll show you how.

Looking to withdraw your crypto from Binance? This guide walks you through the process step by step.
Withdrawing crypto is straightforward, but a few key details matter to ensure your transfer arrives safely.
This article is for general information only and should not be taken as investment advice.
Before you withdraw from Binance
Verify your account
Make sure your Binance account is fully verified. This may require providing government-issued ID and proof of address.
Prepare your destination
Have your receiving wallet address ready before you begin. This could be another exchange account (such as your CoinJar account), a hardware wallet, or a software wallet.
A note on transferring directly from Binance to CoinJar: Binance and CoinJar EU use different Travel Rule compliance systems (Binance uses GTR, CoinJar uses TRUST). As a result, direct transfers between the two platforms may occasionally be delayed, rejected or returned while Travel Rule requirements are being satisfied.
If you experience difficulties transferring directly from Binance, one option is to first transfer your crypto to a non custodial wallet that you control before transferring it into your CoinJar account. Please note that when using a non custodial wallet, you are responsible for keeping your wallet and recovery phrase secure, and transactions sent to an incorrect address may not be recoverable.
How to withdraw crypto from Binance
Log in to your Binance account and follow the official instructions on the Binance website. (This was current at the time of writing, 18/06/2026.)
Choosing the right network
This is the single most important step. A blockchain network is the "rail" your crypto travels on, and the sending network must match a network your receiving wallet actually supports. If you select a network the receiving platform doesn't support, your funds can be lost permanently.
Before withdrawing, open the receive screen in your destination wallet and confirm which network it expects for the asset you're sending. In CoinJar, the supported network for each asset is shown on the relevant receive (deposit) screen. Always send using that network.
Two of the most widely used networks you'll encounter are:
- Ethereum (ERC-20): Widely adopted and supports a large range of tokens. Transaction fees can rise during periods of network congestion.
- Other native networks: Many assets (such as Bitcoin, XRP, Solana and Litecoin) settle on their own native chains. Binance may also support additional networks for specific cryptocurrencies.
Whichever asset you're moving, confirm the network is supported by your receiving wallet before you confirm the withdrawal.
Completing the transfer
- Enter the recipient address. This is the unique wallet address where you want to receive your crypto. Take care when entering it. Any mistake could result in permanent loss of funds.
- Review the details. Double-check the withdrawal amount, network selection and recipient address before proceeding.
- Complete any security checks. Binance may require additional verification, such as two-factor authentication (2FA). Follow the on-screen prompts.
- Confirm the withdrawal. Once everything is verified, select "Confirm Withdrawal".
Please note that under EU law (the Transfer of Funds Regulation), crypto exchanges operating in Ireland and across the EU are required to obtain, hold, verify and transmit originator and beneficiary personal data for crypto transfers, regardless of the transaction amount. This also applies where the originator and beneficiary are the same person. For example, when an individual holds accounts with two different crypto exchanges.
Processing times and fees
Processing times vary depending on the network and current network traffic. Transaction fees are deducted from your withdrawal amount, and the fee structure also depends on the network and congestion at the time. Binance displays the estimated withdrawal fee before you confirm the transaction.
Things to remember
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Double-check the recipient address and network. Even a minor error can lead to permanent loss of funds.
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Consider network fees. Choose a supported network that balances speed and cost for your needs.
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Consider a small test transaction. Sending a small amount first can help confirm everything works before you move a larger balance.
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Transferring directly from Binance may not always work. Due to differences in the Travel Rule compliance solutions used by Binance and CoinJar, some transfers may be delayed, rejected or returned. If this happens, you may be able to complete the transfer by first sending your crypto to a non custodial wallet that you control before transferring it into CoinJar.
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Never share your private keys with anyone.
A note on USDC and other stablecoins: Under current MiCAR stablecoin rules, CoinJar customers in Ireland and the EU cannot currently send USDC (or other fiat-pegged stablecoins) to external wallets. Deposits of USDC into your CoinJar account are unaffected. If you plan to move funds onward after depositing, keep this in mind before choosing a stablecoin as your transfer asset.
Why transfer from Binance to CoinJar?
There are several reasons users choose to move their crypto from Binance to CoinJar.
Fiat support
CoinJar lets you deposit and withdraw your local currency directly, which is convenient if you want to convert your crypto to Euro. EUR deposits and withdrawals are supported via SEPA.
Please note that CoinJar is not associated with, or acting on behalf of, Binance, and has no agreement or partnership with Binance.
By following these steps and keeping the above considerations in mind, you can transfer your crypto holdings from Binance to CoinJar with confidence.

CoinJar
CoinJar is one of the longest-running cryptocurrency exchanges in the world. Since 2013, we’ve helped hundreds of thousands of people worldwide to buy, sell and spend billions of dollars in Bitcoin, Ethereum and dozens of other cryptocurrencies.
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