How to sell from Binance to NZD - Withdraw Your Crypto

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Finally some advise for new investors in NZ....Made it so simple and clear....love your work!

vaughangrenfell
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Update: money in bank account as of 7:22pm, in less than 3 hours 🌝😎

CryptoKiwi
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Just some food for thought, instead of sending crypto from binance to easycrpto another way would be selling the crypto on the Binance exchange where the seller has control over the sell price compared with easycrypto where the sell price is only determined when the crypto is received by easycrypto. When you’re selling on the Binance exchange a good option would be to sell it for a stable coin such as USDT or USDC. Once converted to a stable coin, one could use the P2P function on Binance and sell the stable coin where the local (maybe) buyer transfer you the NZD equivalent amount to your designated NZ bank account. What I haven’t accounted for when comparing the two options for selling crypto is the fees which each option incur. It would be interesting to calculate and compare (which I haven’t done cause I’m lazy😅) the fees. Each has its advantages and disadvantages and it honestly comes down to personal preference, although I do prefer to dictate my sell price when the time comes to cash in.
Anyways, a nice step by step tutorial!Looking forward to you doing one for selling on Binance via P2P :)

kevinot
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You are a legend! I'll make sure to refer back to this when I sell! :)

ElitePraetorian
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This is what I needed. You got a subscriber in me! Thanks Legend

marklahood
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Legendary video, been looking for something like this for a while. Big Sub <3

pimpscapenzpure
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Do you think you could update this video? The process outlined here has changed a bit and this video no longer reflects the new process on Binance. Thx

gunfighers
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Hey man, i want to say thank you, this has been bugging me so bad, ive gotten a good amount of Etherium but i didcnt know how to bring it into NZD, if you ever in Wellys or Masterton give a call, ill shout you fam, again, thank you so much man

takaw.d
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Hi thanks for this video. However when I click on 'withdraw' option on the binance fiat and spot section (I'm trying to withdraw BUSD to my NZ account which I set up in Easy Crypto using your link) I do not get an option to enter an amount therefore cannot audition the fee. Do you have any idea for this? cheers J

jocray
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How do we know the correct network for different coins? Is their a guide or a list somewhere? Thanks

gauravkhurana
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Hi there! thanks for providing these very helpful videos for kiwis! I am currently trying to withdraw from Binance to NZ Bank Account but the withdrawal screen in Bianace differs from the one showing in your video. With the different layout, will that mean the process has changed slightly? Would appreciate your insights on this. Thanks

meredithwyness-coach
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Hi Mr crypto kiwi. If easy crypto doesn't have the currency your trying to sell say shibu as an example do we have to change the shibu for another coin that we can then sell to crypto?. Thanks so much and keep doing vids.

lucindamundell
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Hi! Helpful video. thanks ! One question though. Do you know how does the taxing work, coz i believe IRD would be considering this as taxable transaction.

shanith
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Thanks bro. Just a question. Will easycrypto ask the source of coin on binance?

metsmet
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Hey Sarn just wondering if is possible to sell crypto from Binance and transfer the money dIrectly on NZ Bank account without Easycrypto... Or do I have to download Esycrypto to do this process?

antoniogiura
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Man you are an absolute legend. The hoops to jump through via other means is insane, great video, easy to follow and perfect for NZ user. Thanks so much.

kopkiwi
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Thank you for the video!! Been wondering how to do this for awhile man

Ingridfaye
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Well explained thanks man. This video helped me a lot to understand how to sell my crypto

aatuwaisse
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Awesome video brother! Kept it simple without too much jargon which makes it so much easier for casual crypto investors like myself. Appreciate the content bro 🙏 Subscribed 👌

samanthaconnon
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Is this work for any currency or only for NZD. Thanks

amrisalk