Which API option is for Binanace withdraw

[nstrading98]

Dear Team. I want to withdraw in binanace, Kindly guide me which API option I have to select during creating Project?

Thanks for this regards

[jenn_kh]

Hi nstrading98, Thank you for reaching out. One of our agents will get back to you soon. Until then, if any community member has information that may be helpful, please reply in this thread. 

[API_Products]

Hey @nstrading98,

To withdraw funds to Binance using the Visa Developer Platform, you will typically need to use APIs related to payouts or fund transfers.

Here's a step-by-step guide to help you choose the right API option:

1. Create a Project: Log in to your Visa Developer account and create a new project.

2. Select APIs: For withdrawal functionality, you’ll want to look for APIs that handle fund transfers or payouts. Some relevant APIs might include:
- Visa Direct: This is a powerful API for fund disbursement and real-time payments.
- Funds Transfer API: This API allows you to transfer funds between cards.

3. API Selection:
- Visa Direct: If you want to send funds directly to a Visa card, Visa Direct is the most suitable API. It includes services like push payments, which can be ideal for withdrawing funds to Binance.
- Funds Transfer API: This API can also be used to move funds between different entities. It supports multiple use cases, including payouts to cardholders.

Example Steps:

1. Create New Project:
- Go to the Visa Developer Dashboard.
- Click on "Create a New Project".
- Enter the details for your project (e.g., Project Name, Description).

2. Select APIs:
- Browse the available APIs.
- Select Visa Direct and/or Funds Transfer API depending on your needs.

3. Obtain Credentials:
- Once you have selected the APIs, you will need to obtain the necessary credentials (API Key, Secret, etc.).

4. Test the API:
- Use the sandbox environment provided by Visa Developer to test your implementation.

5. Implement in Production:
- Move your implementation to the production environment after thorough testing.

Example API Call:
Here is a simple example of how you might set up a request to the Visa Direct API:

```python
# START 
import requests
import json

url = "https://sandbox.api.visa.com/visadirect/fundstransfer/v1/pushfundstransactions"
headers = {
"Content-Type": "application/json",
"Authorization": "Basic YOUR_BASE64_ENCODED_CREDENTIALS",
}

data = {
"systemsTraceAuditNumber": 350420,
"retrievalReferenceNumber": "401010350420",
"localTransactionDateTime": "2023-10-05T21:32:52",
"acquiringBin": "408999",
"acquirerCountryCode": "840",
"senderAccountNumber": "4895142232120006",
"transactionCurrencyCode": "USD",
"amount": "100.00",
"businessApplicationId": "AA",
"merchantCategoryCode": "6012",
"cardAcceptor": {
"name": "Visa Inc. USA-Foster City",
"terminalId": "ABCD1234",
"idCode": "ABCD1234ABCD123",
"address": {
"state": "CA",
"county": "San Mateo",
"country": "USA",
"zipCode": "94404"
}
},
"senderName": "John Doe",
"senderAddress": "123 Main Street",
"senderCity": "Foster City",
"senderStateCode": "CA",
"recipientName": "Jane Smith",
"recipientPrimaryAccountNumber": "4005519200000004",
"transactionIdentifier": 234234322342343
}

response = requests.post(url, headers=headers, data=json.dumps(data))

print(response.json())
# END 
```

This is a simplified example. You will need to tailor the parameters to fit your specific requirements and ensure all security and compliance measures are met.