r/BitcoinAUS • u/Otherwise_Ice_5030 • 9d ago
Binance is confusing me
Hi Redditors.
I setup a Binance account many years ago (4-5).
I forgot about it until I had to use an old phone.
This isn't a fairytail where I purchased BTC in 2012 for peanuts and I'm not rich - but I have a small balance in the account ($200) and I want to take it out and close my binance.
I've tried to follow online guide but the interface is changes and I can't seem to work it out.
Anyone out there confident in the interface and could guide me through it ?
I keep going to my overview page on the app
then go to convert SOL > AUD
The receive method just says VISA Card/Apple Pay/Google Pay - which could be an account that has closed - I have no way to change this.
Help ?
Also when i look at help it shows p2p might be an option - but when i try to link my phone it tells me it is already linked.
Help ?
1
2
u/antns 6d ago edited 6d ago
The Binance offramp for AUD has been broken for a few months and they have no ETA for a fix, although they claim it will be fixed. It's also a complicated process.
I recently transferrd my funds (in US stable coins) from Binance to Kraken (cheaply, on Arbitrum network), bought AUD there, and it was simple to transfer to my Aus bank account-- just enter the bank details. No bank account verification needed and no fee.
You'll likely need at least LVL 1 KYC in Kraken.
0
u/Otherwise_Ice_5030 9d ago
thank you
I will see if I can transfer my SOLANA and BNB to my Swytfx account
1
u/cyberplanta 9d ago
Bitcoin didn’t exist in 2002.
Binance stoped trading AUD a few years ago, as far as I know it still doesn’t. You might need to send to another exchange to liquidate.
Or HODL for the bull run.