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How to withdraw crypto from Binance.US safely

Verify your account, set up an authenticator and whitelist the destination address before you confirm a Binance.US withdrawal. Check the network and memo.

Vahe HakobyanVahe HakobyanEditor-in-chief Updated Oct 6, 20263 min readFact-checked
A dark desk with a blank hardware wallet, steel plate, padlock and shield lit in gold.
Illustration: World-Crypt
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Key takeaways
  • A confirmed crypto withdrawal usually cannot be reversed or canceled.
  • Match the network and memo, or the receiving wallet may not credit the funds.
  • The IRS treats crypto as property, so keep records of every transfer.
  • Binance.US support does not ask for your password or codes.

Short answer

To withdraw crypto from Binance.US safely: verify your account, set up an authenticator app, whitelist the destination address, match the network and memo, then confirm.

Binance.US is a separate exchange for customers in the United States.

What do you need before withdrawing?

Your account must pass identity verification, and two-factor authentication must be active. Use an authenticator app instead of text messages, because a thief can intercept an SMS code. Turn on the withdrawal whitelist if you want that extra safeguard, add the address, verify it with the emailed code, and match the coin network and any memo or tag to the receiving wallet.

Before you withdraw

  • Complete identity verification and turn on two-factor authentication.
  • Set up an authenticator app.
  • Turn on the withdrawal whitelist, add the address, and verify it with the emailed code.

How do you withdraw step by step?

Binance.US gives each coin its own withdrawal page. You choose the saved address, the network, and the amount, then clear the security checks.

  1. 1Open the withdrawal pageSign in and open the withdrawal page for the coin you want to send.
  2. 2Pick the saved addressChoose the whitelisted address and network, and add the memo or tag if needed.
  3. 3Clear the security checksEnter your authenticator code and the emailed code.
  4. 4Check the anti-phishing codeCompare it with the code you set. If it does not match, stop.
  5. 5Review and confirmRead the address, network, memo, and amount once more, then confirm.

What should you do after withdrawing?

Keep a record of every withdrawal. The IRS treats crypto as property, so moving coins between wallets you control is not taxable, but selling or trading coins usually is. Save the transaction ID and confirmation email for tax reporting.

After you withdraw

  • Save the transaction ID, date, coin, amount, network, and address.
  • Keep the confirmation email and store your recovery phrase away from your password.
  • Contact support only through the app or official site, and delete messages that ask for your password or codes.
  • Type binance.us into your browser instead of clicking email links.

Frequently asked questions

Binance.US may hold it for a security check or because the address is new.

Usually not. A confirmed transfer is final, but a pending one may offer a cancel option.

The coins can be lost. A wallet may not control addresses on networks it does not support.

Open the whitelist settings, delete the address, and confirm with your security code.

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Written byVahe HakobyanVahe Hakobyan is the editor-in-chief of World-Crypt. He covers bitcoin, markets and regulation, and leads the newsroom that fact-checks every story before it goes live.