What happens to my funds when I close my Binance account?
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When I close my Binance account, what happens to the funds I have in it? Will they be transferred to another account or returned to my original payment method?
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3 answers
- When you close your Binance account, the funds you have in it will not be automatically transferred to another account. Instead, they will remain in your Binance account until you decide to withdraw them. You can withdraw your funds to your original payment method or transfer them to another cryptocurrency wallet or exchange. It is important to note that there may be withdrawal fees and minimum withdrawal amounts depending on the specific cryptocurrency you are withdrawing.
Dec 19, 2021 · 3 years ago
- Closing your Binance account does not mean losing your funds. Your funds will still be securely stored in your Binance account until you choose to take action. You have the flexibility to withdraw your funds to your preferred payment method or transfer them to another wallet or exchange. Just make sure to follow the withdrawal instructions provided by Binance and be aware of any applicable fees or minimum withdrawal amounts.
Dec 19, 2021 · 3 years ago
- When you close your Binance account, your funds will remain in your account until you decide to withdraw them. Binance does not automatically transfer your funds to another account. You have full control over your funds and can choose to withdraw them to your original payment method or transfer them to another wallet or exchange. If you have any specific questions or concerns about closing your Binance account, you can reach out to Binance customer support for assistance.
Dec 19, 2021 · 3 years ago
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