How to extract a bin file within linux using terminal

copy the bin file to the location u want.

 cp  /path/filenam.bin  /path_u_want/

now after copied , change into the directory. Two ways to extract bin files.
firstly,  type 

sh  filenam.bin  

the filenam.bin(binary file) is extracted.
               or

change the permission of bin files by typing 

chmod -c 777 filenam.bin 

now run the bin file by typing

./filename.bin  
  
or 

filename.bin 

this will extract the binary files into a folder with name of binary file.