How to Sell Crypto Coins on Binance: A Complete Step-by-Step Guide (2025)
Cryptocurrency trading is booming, and Binance remains one of the largest and most trusted platforms for buying and selling digital assets. Whether you want to sell Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or any other altcoin, Binance makes it easy. However, for beginners, the process can feel confusing. In this guide, you’ll learn how to sell crypto coins on Binance step by step, including spot trading, P2P trading, and withdrawals to your bank account.
Why Choose Binance to Sell Crypto?
Before diving into the steps, let’s understand why millions of users prefer Binance:
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Global Reach: Binance is available in 100+ countries.
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Low Trading Fees: Spot trading fees are as low as 0.1%.
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Multiple Selling Options: Sell through Spot Market, P2P Trading, or Convert Feature.
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High Liquidity: Easy to sell coins instantly at competitive prices.
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Secure Platform: Advanced security features like 2FA and withdrawal whitelist.
In short, Binance offers convenience, safety, and speed for selling your cryptocurrencies.
Step 1: Create & Verify Your Binance Account
Before you can sell coins, you need a verified account.
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Sign up on Binance Official Website.
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Complete KYC Verification by uploading ID (passport, CNIC, or driving license).
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Enable 2-Factor Authentication (2FA) for extra security.
Tip: Verified accounts have higher withdrawal limits, making it easier to sell and cash out large amounts.
Step 2: Deposit Your Coins into Binance Wallet
If your coins are in another wallet (like MetaMask, Trust Wallet, or hardware wallet), transfer them to your Binance wallet:
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Go to Wallet → Fiat & Spot → Deposit.
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Select the coin (e.g., Bitcoin).
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Copy the deposit address and paste it in your external wallet to send coins.
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Wait for the blockchain confirmation.
Step 3: Different Ways to Sell Crypto on Binance
Binance offers multiple selling methods depending on your needs:
Convert Feature (Easiest for Beginners)
If you just want to sell quickly without trading charts:
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Go to Trade → Convert.
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Select the coin you want to sell (e.g., BTC → USDT).
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Enter the amount and click Preview Conversion.
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Confirm the trade.
This is the fastest way but may have slightly less favorable exchange rates.
Spot Trading (For Best Prices)
If you want full control and better rates:
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Go to Trade → Spot.
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Select the trading pair (e.g., BTC/USDT, ETH/USDT, SOL/BUSD).
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Choose Sell Tab.
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Enter the amount of crypto you want to sell.
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Select Market Order (sell instantly at market price) or Limit Order (set your own price).
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Click Sell BTC (or your coin).
P2P Trading (Sell Directly to People for Cash/Bank Transfer)
Perfect if you want to sell crypto and get money directly in your local currency.
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Go to Trade → P2P.
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Choose Sell Tab.
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Select your coin (BTC, USDT, ETH).
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Choose your currency (PKR, USD, GBP, EUR, INR).
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Browse available buyers → Check payment method & rates.
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Enter the amount and confirm the trade.
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Wait for the buyer to transfer funds to your bank/PayPal/e-wallet.
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Once payment is confirmed, release crypto.
Binance holds your coins in escrow until you receive payment, so it’s safe.
Step 4: Withdraw Funds to Your Bank Account
Once you sell crypto into fiat or stablecoins (like USDT, BUSD, USDC), you can withdraw:
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Go to Wallet → Fiat & Spot → Withdraw.
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Select Fiat (e.g., USD, EUR, GBP, PKR).
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Choose withdrawal method:
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Enter details and confirm.
Important Tips for Selling Crypto on Binance
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Always check withdrawal fees before cashing out.
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For faster transactions, use stablecoins like USDT.
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Use P2P for zero withdrawal fees (but be careful of scammers).
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Enable SMS and email alerts to stay updated.
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Always double-check wallet addresses before transferring.
Conclusion
Selling your crypto on Binance is simple once you understand the different methods. Beginners may prefer the Convert feature, traders can use Spot Market, and those who want direct cash should go with P2P Trading. With low fees, high liquidity, and global reach, Binance is undoubtedly the best platform to sell crypto coins safely and profitably in 2025.
If you’re just starting, try selling a small amount first to understand the process.
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