The minimum withdrawal amount from Binance varies depending on the cryptocurrency you are withdrawing and the network you are using.
Minimum Withdrawal Amounts by Cryptocurrency
Here is a table outlining some common cryptocurrencies and their minimum withdrawal amounts:
Cryptocurrency | Minimum Withdrawal |
---|---|
Bitcoin (BTC) | 0.0005 BTC |
Ethereum (ETH) | 0.001 ETH |
Binance Coin (BNB) | 0.001 BNB |
USDT (Tether) | 10 USDT |
XRP | 20 XRP |
Factors Affecting Minimum Withdrawal Amounts
- Cryptocurrency: Different cryptocurrencies have different minimum withdrawal amounts.
- Withdrawal Network: The network you choose to withdraw your funds will also affect the minimum amount. For example, withdrawing Bitcoin via the Lightning Network might have a lower minimum than withdrawing via the Bitcoin blockchain.
- Binance Fees: Binance charges a small fee for withdrawals, which can vary depending on the cryptocurrency and network.
Finding Specific Minimum Withdrawal Amounts
To find the exact minimum withdrawal amount for a specific cryptocurrency and network, you can:
- Visit the Binance website: Go to the "Withdraw" section and select the cryptocurrency you want to withdraw.
- Choose your withdrawal network: Select the network you want to use for withdrawal.
- Check the minimum amount: The minimum withdrawal amount will be displayed before you proceed with the withdrawal.
It's important to check the minimum withdrawal amount before initiating a withdrawal to avoid any issues or delays.