The other day I wrote a guide on buying Bitcoin (BTC) on Binance directly with my credit card.. Today i’m going to teach you how you can deposit or withdraw your fiat currency via bank transfer with Binance. If you haven’t register with Binance, you ought to do so right now here.. Securing your Binance . Sep 18, · Coming right to the point, In our example, we will transfer BTC from Binance to Coinbase. Login to your Coinbase account. As you are withdrawing from Binance exchange and depositing in Coinbase, Go to Coinbase deposits. On the Coinbase deposit page, select the coin . May 05, · So if you want to deposit Bitcoin, then you need to find the Bitcoin address in your account and either copy the address or scan the QR code. Only send BTC to your BTC address, .
How to deposit btc binanceHow to deposit to Binance - Step by step guide to depositing crypto
After getting the deposit address of your coin from Coinbase: Log on to the Binance exchange. Go straight to the Binance Spot wallet. From your spot wallet, go to the Withdrawl Section. A window, as shown above, will open. First of all, select the coin that you want to withdraw from Binance to Coinbase. The coin should be the same that you are depositing on Coinbase. After you enter the amount, the system will let you know the transaction fee and what BTC you will get after deducting the fees.
Binance will ask you to enter your 2FA code. After entering all 2FA security codes successfully, you may be asked to verify your withdrawal request from your email linked with your Binance account. Go to your Coinbase deposit page and pick XLM. Copy the Adress of XLM. Choose XLM from the coin list. Enter the amount of XLM you want to transfer. Wait for the completion of the withdrawal request. Involved in cryptocurrencies for more than five years, Love to trade, and write on cryptocurrencies.
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For all three Binance exchanges you can, of course, deposit cryptocurrencies. Click on Wallet and then Spot wallet to find the address to the cryptocurrency that you want to deposit to your Binance account.
It might not be clear to everyone but most cryptocurrencies have their own unique address structures. Meaning a Bitcoin address is unique in its structure and differs from an Ethereum address. Here you will see a list of cryptocurrencies available on Binance. Any of those cryptos can be deposited to Binance.
And it is important that you copy the unique address for the cryptocurrency that you want to deposit. Otherwise you might risk losing your cryptos. So find the cryptocurrency in the list, scroll or search for it and then click on deposit. So if you want to deposit Bitcoin , then you need to find the Bitcoin address in your account and either copy the address or scan the QR code.
If you are using your phone and with a wallet app then you can scan the QR code from your phone! Otherwise paste in the address that you copied from your Binance account. You can follow your deposit live from your Binance account. When the transactions has been confirmed you can check your balance to see it has been updated to match the amount you sent.
When it has been confirmed you can check your balance in the wallet address where you sent your cryptocurrencies to. As mentioned above you can also deposit fiat money from your Binance accounts. With Binance you can also deposit fiat money via any of the connected payment services listed on the site. They take a fee and might need you to complete some KYC checks. Go to your Spot Wallet again and click on Fiat and then you will see a list of options for payment gateways to use.
Here you can deposit fiat money from a credit card or debit card purchase. Or via a bank transfer. It depends on the payment solution what they can provide you with. You will need to complete KYC checks for them before you can start. Ok, that is the end of this guide on how to deposit to Binance. I covered both how to deposit cryptocurrencies and fiat currencies to Binance.
Depositing cryptos to Binance is no different than sending cryptos to another cryptocurrency exchange or to another private wallet.
Sending cryptocurrencies works the same for all types of wallets and transactions.