How to Deposit Crypto to Binance | Binance

If you own cryptocurrency on another platform or wallet, you can transfer them to your Binance Wallet for trading or earn passive income with our suite of services on Binance Earn .

How to find my Binance deposit address?

Cryptocurrencies are deposited via a “ deposit address ”. To view the deposit address of your Binance Wallet, go to [Wallet] [Overview][Deposit]. Click [Crypto Deposit] and select the coin you wish to deposit and the network you ’ rhenium using. You will see the sediment address. copy and spread the address to the platform or wallet you are withdrawing from to transfer them to your Binance Wallet. In some cases, you will besides need to include a MEMO .

Step-by-step tutorial

1. Log into your Binance account and click [Wallet] [Overview] . 2. Click [Deposit] and you will see a pop-up book windowpane.

3.Click [Crypto Deposit] . 4. Select the cryptocurrency you want to deposit, such as USDT . 5. following, choose the deposit net.

Please make sure that the selected network is the same as the network of the platform you are withdrawing funds from. If you select the wrong network, you will lose your funds.

Summary of network choice :

  • BEP2 refers to the BNB Beacon Chain (former Binance Chain).
  • BEP20 refers to the BNB Smart Chain (BSC) (former Binance Smart Chain).
  • ERC20 refers to the Ethereum network.
  • TRC20 refers to the TRON network.
  • BTC refers to the Bitcoin network.
  • BTC (SegWit) refers to Native Segwit (bech32), and the address starts with “bc1”. Users are allowed to withdraw or send their Bitcoin holdings to SegWit (bech32) addresses. For more details, please refer to About Segregated Witness (SegWit).

6. In this example, we will withdraw USDT from another platform and deposit it into Binance. Since we are withdrawing from an ERC20 savoir-faire ( Ethereum blockchain ), we will select the ERC20 down payment network .

  • The network selection depends on the options provided by the external wallet/exchange that you are making the withdrawal from. If the external platform only supports ERC20, you must select the ERC20 deposit network.
  • DO NOT select the cheapest fee option. Select the one that is compatible with the external platform. For example, you can only send ERC20 tokens to another ERC20 address, and you can only send BSC tokens to another BSC address. If you select incompatible/different deposit networks, you will lose your funds.

7. Click to copy your Binance Wallet ’ s deposit address and glue it to the address playing field on the chopine you intend to withdraw crypto from . alternatively, you can click the QR code icon to get a QR code of the address and spell it to the platform you ’ ra adjourn . 8. After confirming the withdrawal request, it takes time for the transaction to be confirmed. The ratification fourth dimension varies depending on the blockchain and its current network traffic. once the transportation is processed the funds will be credited to your Binance account soon after.

9. You can check the status of your deposit from [Transaction History], arsenic well as more data on your recent transactions .

Frequently Asked Questions

1. What is a tag/memo and why do I need to enter it when depositing crypto? Tag or memo is a singular identifier assigned to each account for identifying a down payment and crediting the appropriate account. When depositing certain crypto, such as BNB, XEM, XLM, XRP, KAVA, ATOM, BAND, EOS, and so forth, you need to enter the respective rag or memo for it to be successfully credited. 2. How long does it take for my funds to arrive? What is the transaction fee? After confirming your request on Binance, it takes meter for the transaction to be confirmed on the blockchain. The confirmation time varies depending on the blockchain and its current net traffic. For model, if you ’ rhenium depositing USDT, Binance supports the ERC20, BEP2, and TRC20 networks. You can select the craved network from the platform you ’ ra withdraw from, enter the sum to withdraw, and you will see the relevant transaction fees. The funds will be credited to your Binance account curtly after the network confirms the transaction. Please eminence if you entered the wrong deposit address or selected an unsupported network, your funds will be lost. Always check cautiously before you confirm the transaction. 3. How to check my transaction history? [Wallet] [Overview] [Transaction History]. You can check the condition of your sediment or withdrawal from

If you ’ re using the App, go to [Wallets][Overview] [Spot] and tap the [Transaction History] icon on the right . If you don ’ t own any cryptocurrency, you can click [Buy Crypto] to buy from P2P trade . For more information on how to buy crypto, please consult to :

source : https://ontopwiki.com
Category : Finance

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