Are you looking for details on how to withdraw from Binance to M-Pesa? For years, Binance has supported M-Pesa, Africa's most successful mobile money service, as a payment method for cryptocurrency trading. You can use M-Pesa to purchase Bitcoins through the Binance P2P platform. But is it possible to withdraw money from Binance to M-Pesa?
Binance Holdings Limited, branded Binance, is a worldwide company that operates the largest crypto exchange. It was developed and founded in 2017 by Changpeng Zhao, who had previously created high-frequency trading software.
Cryptocurrency trading in Africa has been on the rise in recent years. The Binance P2P is among the top platforms that provide easy flat-to-crypto access to local users with mobile-friendly payment methods and excellent customer support.
Many Kenyan Binance users ask, "Can I withdraw from Binance to M-Pesa?” Yes, it is possible withdraw USDT from Binance to M-Pesa. Here are the steps for withdrawing money from Binance to M-Pesa.
Before logging in to your Binance account, you must complete level 2 identity verification. This process ensures a high level of security for your money. If you are a first-time Binance user, here is the process for linking M-Pesa with Binance.
Do you want to buy Bitcoin using your M-Pesa account but don't know how? Here are the simple steps to buy Bitcoin directly with M-Pesa.
According to Binance's official website, the minimum withdrawal crypto amount varies depending on the cryptocurrency you’re withdrawing. For example, the minimum withdrawal limit for Ethereum is 0.004 ETH, while the minimum for Bitcoin is 0.002 BTC.
When it comes to fiat currencies (such as USD or EUR), there’s a minimum withdrawal limit for each currency. For example, the minimum Euro amount you can withdraw is 10.00 EUR, while the minimum US Dollar amount is 50.00 USD.
Withdrawal charges on Binance vary depending on the coin type. For Ethereum (ETH), the cost is 0.01 ETH. For Bitcoin (BTC), the fee is 0.0005 BTC. And for Tether (USDT), the fee is 20 USDT.
The process of how to withdraw from Binance to M-Pesa is simple. All you need to do is log in to your Binance account and follow the above-listed steps. You'll be done in minutes.
DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!
Tuko.co.ke has shared an article about registering your Safaricom line online. You can register your Safaricom line online instead of visiting an M-Pesa agent or Safaricom shop. Safaricom launched the online SIM card registration portal in April 2022 to offer convenience and save time for its subscribers. So, what are the steps of registering your Safaricom line online?
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