After selling BTC on Binance, where does the money go?

4 answers

• Dec 15, 2021 · 3 years ago
  When you sell BTC on Binance, the money from the sale will be credited to your Binance account. You can then choose to withdraw the funds to your bank account or another cryptocurrency exchange. Binance provides various withdrawal options, including bank transfer, credit/debit card, and other cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  After selling BTC on Binance, the money goes into your Binance account. From there, you have the flexibility to use the funds for other cryptocurrency trades, invest in different assets, or withdraw the money to your bank account. Binance offers a user-friendly interface that allows you to easily manage your funds and make transactions.
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• Dec 15, 2021 · 3 years ago
  After selling BTC on Binance, the money will be transferred to your Binance account. From there, you can decide what to do with it. You can choose to keep it in your Binance account and use it for future trades, or you can withdraw it to another exchange or your personal wallet. It's important to note that the money is under your control and you have the freedom to manage it as you see fit.
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• Dec 15, 2021 · 3 years ago
  After selling BTC on Binance, the money will be credited to your Binance account. From there, you can transfer it to BYDFi, a decentralized finance platform that offers various investment opportunities. BYDFi allows you to earn interest on your crypto holdings, participate in liquidity pools, and explore other DeFi options. It's a great way to make your money work for you in the crypto space.
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