Wise (formerly TransferWise) does not support direct cryptocurrency deposits, but you can still transfer your funds in three simple steps:
1️⃣ Sell your crypto for fiat currency (USD, EUR, etc.)
2️⃣ Withdraw the fiat to your bank account
3️⃣ Transfer from your bank to Wise
✅ Step 1: Convert Crypto to Fiat on Binance
Before withdrawing, you must first sell your cryptocurrency for fiat currency that Wise supports (USD, EUR, GBP, etc.).
- Log in to Binance and go to “Trade” > “Convert” or “Spot Trading”.
- Select the cryptocurrency you want to sell (e.g., USDT to EUR).
- Confirm the trade and wait for the fiat balance to appear in your account.
💡 Tip: Stablecoins like USDT, USDC, or BUSD are easier to convert to fiat.
✅ Step 2: Withdraw Money to Your Bank Account
Once you have fiat currency in Binance, you need to withdraw it to your bank.
- Go to “Wallet” > “Fiat and Spot” > “Withdraw”.
- Select the currency (USD, EUR, etc.) and choose a withdrawal method:
- SEPA (for EUR, within Europe)
- SWIFT (for USD, international banks)
- Local Bank Transfer (depends on your country)
- Enter your bank account details and confirm the withdrawal.
- Wait 1 to 3 business days for the funds to arrive.
💡 Tip: Some banks may block transfers from Binance. If that happens, try another bank or contact Binance support.
✅ Step 3: Transfer from Your Bank to Wise
Once the money arrives in your bank account, you can send it to Wise.
- Log in to Wise and select “Add Funds”.
- Enter your bank account details as the source of funds.
- Transfer money from your bank to Wise’s provided bank account.
- Once Wise receives the money, you can convert it to another currency and send it anywhere.
💡 Tip: Wise offers low conversion fees if you need to exchange currency (e.g., USD to EUR).
⚡ Faster Alternative: Binance P2P to Wise
If you want to skip bank withdrawals, use Binance P2P to sell crypto and receive money directly into Wise.
- Go to “P2P Trading” in Binance.
- Select “Sell” and choose USDT, BUSD, or BTC.
- Filter by payment method and select Wise.
- Choose a trusted buyer and follow the instructions.
💡 Tip: Always confirm that the buyer sends the payment before releasing the crypto.
🔥 Conclusion
Although Wise doesn’t accept direct Binance withdrawals, you can easily transfer your funds using these methods:
✅ Standard method: Binance → Bank → Wise
✅ Fast method: Binance P2P → Wise
If you need country-specific guidance, let me know where you’re operating from, and I’ll help you find the best option. 🚀