How to withdraw money from Binance Futures?

To withdraw from Binance Futures, first transfer funds to your Spot wallet—this step is required and often missed by new users.

Jul 23, 2025 at 12:28 pm

Understanding Binance Futures Withdrawal Basics

Before initiating any withdrawal, it's essential to distinguish between your Binance Futures wallet and your Spot wallet. Funds in Futures are not automatically transferable to external wallets or bank accounts—they must first be moved to your Spot wallet. This is a common point of confusion for new users. The key phrase here is: "Futures funds must be transferred to Spot before withdrawal." If you attempt to withdraw directly from Futures, you'll encounter an error or no option at all. Always verify your wallet balance in the correct section of the Binance app or website.

Step-by-Step Transfer from Futures to Spot Wallet

To begin the withdrawal process, follow these exact steps:

• Navigate to the [Futures] section in your Binance account.
• Click on [Wallet] or [Assets] within the Futures tab.
• Select [Transfer] — this will open a pop-up window.
• Choose "From: Futures Account" and "To: Spot Account".
• Enter the exact amount you wish to move — ensure it’s in a supported asset like USDT, BTC, or ETH.
• Confirm the transfer using your 2FA method (Google Authenticator or SMS).
  

  This transfer is instantaneous and incurs no fees. Once completed, the funds will appear in your Spot wallet, which is the only wallet from which you can initiate external withdrawals.

  Withdrawing from Spot Wallet to External Address

  
  After the transfer, proceed to the Spot wallet:
• Go to the [Wallet] section and select [Withdraw].
• Choose the cryptocurrency you want to withdraw — for example, USDT (ERC20 or TRC20).
• Paste your external wallet address — double-check for accuracy. A single incorrect character will result in permanent loss of funds.
• Select the correct network — mismatched networks (e.g., sending TRC20 USDT to an ERC20-only wallet) cause irreversible loss.
• Enter the amount and confirm the transaction fee displayed — Binance shows this in real-time.
• Complete the withdrawal using 2FA and email/SMS confirmation if required.
  

  Always test with a small amount first — this is a best practice for avoiding irreversible mistakes.

  Handling Fiat Withdrawals (If Applicable)

  
  If you want to convert your crypto to fiat (e.g., USD, EUR), you must first sell your crypto in the Spot market:
• Go to the [Trade] tab and select [Spot].
• Place a sell order for your asset (e.g., sell USDT for USD).
• Wait for the order to fill — check your order history to confirm.
• Once funds are in fiat (like USD), go to [Wallet] → [Fiat and Spot] → [Withdraw].
• Choose your preferred method — bank transfer or P2P — and follow the prompts.
  

  Note: Fiat withdrawals require KYC verification. If you haven’t completed identity verification, this step will block your withdrawal. Ensure your ID, address proof, and face verification are up to date.

  Troubleshooting Common Withdrawal Errors

  
  Users often face issues like:
• "Insufficient balance" — this usually means the funds are still in Futures. Confirm the transfer was completed.
• "Invalid address" — always copy-paste the address; never type manually. Use a trusted wallet like Trust Wallet or MetaMask.
• "Withdrawal locked" — check if you have active Futures positions or pending orders. Close them before withdrawing.
• "Network not supported" — ensure the receiving wallet supports the same network (e.g., TRC20, ERC20, BEP20).
  

  If the error persists, contact Binance Support directly from the app — do not share your 2FA codes or private keys with anyone.

  Frequently Asked Questions

  Can I withdraw directly from Binance Futures to my bank account?
  
  No. You must first transfer funds from Futures to Spot, then convert to fiat in Spot, and finally withdraw via bank transfer or P2P. Direct bank withdrawals are only possible from the fiat portion of your Spot wallet.

  Why does my withdrawal say "pending" for hours?
  
  This often happens during high network congestion. Check the blockchain explorer (e.g., Etherscan for ETH) using the transaction ID. If the transaction is confirmed on-chain but not in your wallet, contact the receiving wallet’s support — not Binance.

  What happens if I send USDT via ERC20 to a TRC20-only wallet?
  
  The funds will be lost permanently. Always verify the network compatibility of your receiving wallet before initiating the transfer. Binance does not recover funds sent to incorrect networks.

  Do I need to pay fees for transferring from Futures to Spot?
  
  No. Transfers between Futures and Spot wallets on Binance are completely free and instant. Withdrawal fees only apply when moving funds off the Binance platform to an external address.