How to Withdraw RMB from Binance Mobile App and Sell USDT

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Binance is one of the world’s leading blockchain and digital asset exchanges, offering a comprehensive suite of services including cryptocurrency trading, blockchain education, project incubation, asset issuance, research, and philanthropy. With users spanning over 180 countries and regions, Binance leverages cutting-edge technology—capable of handling up to 1.4 million orders per second—to deliver fast, secure, and efficient trading experiences. While Binance provides global access, users in certain regions often seek ways to convert their digital assets like USDT into local fiat currency such as Chinese Yuan (RMB).

This guide walks you through the step-by-step process of selling USDT for RMB using both the Binance mobile app and desktop platform, with clear instructions optimized for safety, speed, and ease of use. Whether you're new to crypto or looking to refine your withdrawal strategy, this article covers everything you need to know.

Understanding the C2C Trading System on Binance

Before diving into the steps, it's important to understand how Binance facilitates fiat conversions. Instead of direct bank withdrawals, Binance uses a Peer-to-Peer (P2P) or C2C (Customer-to-Customer) trading model. In this system:

This decentralized approach ensures flexibility and fast settlement while maintaining platform security.

Step-by-Step: Selling USDT for RMB on Binance Mobile App

Step 1: Transfer USDT to Your C2C Account

If your USDT is currently in your Spot Wallet, you must first transfer it to your C2C account:

  1. Open the Binance app and go to Assets.
  2. Tap Transfer in the overview section.
  3. Select From: Spot Account → To: C2C Account, choose USDT, enter the amount, and confirm.
💡 Note: If your funds are already in the C2C wallet, skip this step.

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Step 2: Access the C2C Trading Interface

  1. Tap the Trade tab at the bottom.
  2. Select C2C Trading at the top of the screen.
  3. Tap the dropdown arrow and switch to Custom Offers.
  4. Choose Sell > USDT (or any other supported cryptocurrency).

Step 3: Set Up Your Payment Methods

If this is your first time selling:

  1. Click on Add Payment Method.
  2. Link your preferred RMB withdrawal options—such as bank account, Alipay, or WeChat Pay.
  3. Verify details to ensure smooth transactions.
✅ Tip: Only trade with buyers who support your chosen payment method to avoid delays.

Step 4: Select a Buyer and Complete the Sale

  1. Browse available buy orders and select one with a favorable price and high completion rate.
  2. Tap Sell USDT, enter the amount you wish to sell.
  3. Confirm the corresponding RMB amount and select your payment method.
  4. After submission, wait for the buyer to send RMB.

Step 5: Confirm Receipt and Release Funds

  1. Check your linked account to verify that RMB has been received.
  2. Return to the order page and click Confirm Receipt & Release USDT.
  3. The USDT will be transferred to the buyer’s wallet.
⚠️ Warning: Do not release funds until payment is confirmed. If there's an issue, use the Appeal function immediately to contact Binance support.

How to Sell USDT via Desktop (Computer Version)

The desktop experience offers a larger interface and easier navigation for frequent traders.

Step 1: Transfer from Spot to Fiat Wallet

  1. Log in to Binance.com on your computer.
  2. Go to Wallet > Funds > Transfer.
  3. Move USDT from Spot Account → Fiat and Spot Wallet.

Step 2: Navigate to Fiat Trading Page

  1. Click Buy Crypto > Sell at the top menu.
  2. Choose USDT as the currency you want to sell.

Step 3: Configure Payment Settings

  1. If not done already, click More > Payment Settings in the top-left corner.
  2. Add your bank transfer, Alipay, or WeChat Pay details.

Step 4: Initiate the Sale

  1. Find a reputable buyer with good ratings and acceptable terms.
  2. Click Sell USDT, input the amount, review the RMB equivalent, and proceed.

Step 5: Finalize Transaction

  1. Wait for the buyer’s payment notification.
  2. Verify receipt in your personal banking app or payment platform.
  3. Click Release only after confirming funds are in your account.
🔐 Security Tip: Always double-check transaction IDs and amounts before releasing crypto.

Frequently Asked Questions (FAQs)

Q1: Is it safe to sell USDT for RMB on Binance?
Yes, Binance’s C2C system includes escrow protection—your USDT is held securely until you confirm payment receipt, minimizing fraud risk.

Q2: Why can’t I withdraw RMB directly from Binance?
Binance does not offer direct fiat withdrawals in all regions due to regulatory constraints. The P2P marketplace enables compliant peer-based cashouts.

Q3: What should I do if a buyer doesn’t pay after I confirm?
Never confirm receipt without seeing funds. If a dispute arises, use the Appeal button within the order window to involve Binance customer service.

Q4: Are there fees for selling USDT on Binance C2C?
No trading fees apply for sellers on Binance P2P. However, always check for hidden spreads or unfavorable exchange rates offered by individual buyers.

Q5: Can I get banned for using C2C frequently?
Normal trading activity won’t result in bans. However, repeated disputes, delayed releases, or policy violations may trigger account restrictions.

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Best Practices for Smooth USDT-to-RMB Conversions

Final Thoughts

Selling USDT for RMB on Binance—whether via mobile or desktop—is a straightforward process when following best practices. By leveraging Binance’s secure C2C infrastructure, users can efficiently convert digital assets into usable fiat currency while minimizing risks.

As cryptocurrency adoption grows, platforms that support seamless on-ramps and off-ramps become increasingly vital. Staying informed about safe trading habits ensures long-term success in the evolving digital economy.

👉 Start exploring secure and efficient ways to manage your digital wealth now.