How long you have to wait after a withdrawal is something every user wants to know. Register a Binance account now to experience withdrawal speeds firsthand, and get the Binance APP to track withdrawal progress anytime.
P2P Trading Arrival Time
P2P trading has the fastest arrival time among all withdrawal methods. From placing an order to receiving money typically takes only 5-15 minutes. The exact time depends on how quickly the buyer pays and bank transfer processing speed.
If the buyer pays via Alipay or WeChat, it's essentially instant. If via bank card transfer, same-bank transfers usually take a few minutes, while cross-bank may take slightly longer — but normally no more than 2 hours. In rare cases, banks may delay processing, but this generally doesn't happen on business days.
On-Chain Withdrawal Arrival Time
On-chain withdrawal speed depends on three factors: Binance's processing time, blockchain network confirmation speed, and the receiving platform's crediting process.
Binance typically begins processing within minutes of your withdrawal submission, but if the system detects risk or requires manual review, it may take longer. Under normal circumstances, Binance's internal processing shouldn't exceed 30 minutes.
Blockchain confirmation times vary by chain. The TRC20 network (TRON) is very fast — about 1-3 minutes for confirmation. BEP20 (BSC) is equally quick, typically confirming within minutes. ERC20 (Ethereum) is relatively slower — potentially 10-30 minutes or more during busy periods. The Bitcoin network requires even longer — generally 10-60 minutes depending on congestion and miner fee settings.
On the receiving end, different exchanges and wallets have different confirmation requirements. Some credit after just 1 confirmation; others may require dozens.
Fiat Withdrawal Arrival Time
SEPA transfers for euros typically arrive within 1 business day. SWIFT wire transfers for USD or other currencies generally take 1-5 business days. Some third-party payment channels may be faster, while others may need additional review time.
Factors Affecting Arrival Speed
Account security level affects withdrawal speed. If you recently changed your password, phone number, or disabled a security verification method, Binance may impose a 24-48 hour security freeze on withdrawals.
Withdrawal amount is also a factor. Large withdrawals may trigger Binance's manual review, which typically takes 1-6 hours. Clear fund sources and a normal account history lead to faster approvals.
Network conditions directly impact on-chain withdrawal speed. During extreme market volatility, heavy simultaneous activity causes network congestion, noticeably slowing withdrawals.
How to Speed Up Withdrawals
Choose faster-processing networks for on-chain withdrawals — prioritize TRC20 or BEP20 over ERC20. For P2P trading, select buyers who are online for faster response. Complete advanced KYC verification early to avoid identity verification delays. Don't frequently change account security settings — keep your account status stable.
How to Check Withdrawal Progress
In the Binance APP, go to "Wallet" > "Transaction History" to view the status of all withdrawal orders. For on-chain withdrawals, you can also use the transaction hash (TxID) to check real-time confirmation progress on a blockchain explorer, getting a precise picture of where your funds are in the process.