Enter an external address | Binance Support (2024)

An external address has to be linked in order to allow Binance Pool to distribute Merged mining income for currencies that are not yet offered on the Binance Exchange. In order to provide miners with additional income, users are now able to enter external addresses for VCASH and ELA Merged mining. Once you create a wallet or deposit addresses for VCASH and ELA, you can enter them into the system to start receiving Merged mining income each month.

How to enter an external address:

1. Register and log in to Binance Pool.

Register and log in at pool.binance.com

2. Generate an external wallet address.

Binance currently supports external addresses for VCASH and ELA. The current official wallet or exchange deposit addresses are supported.

3. Link an address.

Enter an external address | Binance Support (1)

Log in to Binance and click on Binance Pool in the Finance drop-down menu on the homepage. If you have not created a mining account yet, first create an account, then click on Account Management under your account list on the Binance Pool homepage.

Enter an external address | Binance Support (2)

Click Payment Address on the Account Management page.

Enter an external address | Binance Support (3)

Click Edit and enter the corresponding address. Click Save to finish linking the address.

Enter an external address | Binance Support (2024)

FAQs

Enter an external address | Binance Support? ›

But when it comes to an external address in the coinremitter it simply means all the addresses which must not belong to the coinremitter wallet address but the address of other wallets from different digital wallet platforms, like blockchain.com, coinbase.com, etc.

What is external address in crypto? ›

But when it comes to an external address in the coinremitter it simply means all the addresses which must not belong to the coinremitter wallet address but the address of other wallets from different digital wallet platforms, like blockchain.com, coinbase.com, etc.

How do I send crypto from Binance to another address? ›

Transfer crypto from your Binance Wallet
  1. Log in to your Binance App and tap [Wallets] - [Withdraw]. ...
  2. Select how you want to transfer (via phone number/email/Pay ID) and enter the information accordingly. ...
  3. Tap [Send] and confirm the transfer. ...
  4. Your transfer is complete.
Mar 27, 2023

How do I set up an external crypto wallet? ›

How to set up a crypto wallet
  1. Pick a wallet app and download it on a desktop or mobile device; many software wallets have both options.
  2. Create an account. ...
  3. Write down your recovery or “seed” phrase. ...
  4. Add crypto to your wallet.
Apr 21, 2023

Can you trade on Binance in USA? ›

Binance.com is available worldwide except in the US. Binance.us is exclusively for the US but offers less than 70 cryptocurrencies, compared to Binance.com's 500+ crypto selection. Binance.us offers also low fees, as the global website, but takes longer to complete transactions.

How do I add an external wallet to Binance? ›

How to enter an external address:
  1. Register and log in to Binance Pool. Register and log in at pool.binance.com.
  2. Generate an external wallet address. Binance currently supports external addresses for VCASH and ELA. The current official wallet or exchange deposit addresses are supported.
  3. Link an address.
Jun 29, 2020

How do I withdraw from Binance? ›

To withdraw money from Binance to a bank account, you must first log in to your account. After you have done that, go to Wallet and click on Fiat and Spot. Doing that will take you to the page where you see the deposit, withdraw, and send options; then, select Withdraw.

Why do I need to verify my address in Binance? ›

Binance requires all users to complete Identity Verification to increase their account security and to comply with countries' regulations.

Where is Binance wallet address located? ›

To find your wallet address on Binance, you need to navigate to your “Fiat and Spot” wallet. In your “Fiat and Spot” wallet, navigate to the cryptocurrency that you want to receive and click on “Deposit”. If you're using Binance on a mobile device, you need to tap on the three dots followed by “Deposit”.

What network is BNB on Trust Wallet? ›

BNB operates on Binance Chain and the recently released Binance Smart Chain. Binance Smart Chain is a smart contract blockchain that is compatible with the Ethereum Virtual Machine.

How do I find my US Binance wallet address? ›

How to Find My Binance Wallet Address
  1. Log into your Binance Account.
  2. Go to “Fiat and Spot“
  3. Search for the Cryptocurrency you would like to deposit.
  4. From “Deposit Crypto“, Select the Network from the Dropdown.
  5. Copy the Wallet Address.
  6. You can now Deposit to your Binance Account.
Apr 24, 2023

How do I access my external wallet from Crypto com? ›

Open your Crypto Wallet. Press the "Transfer" button. Press "Withdrawal" Select "External wallet"

What is my wallet address network? ›

A wallet address is a sequence of numbers and letters, with no spaces nor symbols. Each wallet address is unique and there is no other wallet address like it. It is the unique identifier for your account on the blockchain.

What is meant by wallet address? ›

A wallet address is a randomly generated set of numbers and letters. This set usually consists of 26 to 35 alphanumeric characters. A wallet address is ideally a one-time link generated by a wallet. Wallet addresses are needed to send or receive digital assets. Digital assets are not actually stored in a wallet.

Do I need an external wallet for crypto? ›

Do I need a crypto wallet? While you could keep your assets in an online brokerage like Coinbase, a crypto wallet is the safest way to store your digital assets. It can only be accessed by a unique key that can't be replicated once it's generated.

Do I need an external wallet for Bitcoin? ›

Why a Crypto Wallet Is Needed. A user's cryptocurrency is only as safe as the method they use to store it. While crypto can technically be stored directly on an exchange, it is not advisable to do so unless in small amounts or with the intention of trading frequently.

Why won't Coinbase let me send crypto? ›

Make sure that the receiving address is correct. Double check the address and confirm that it is a valid Bitcoin address. Make sure that your Coinbase account is linked to your bank account and that you have sufficient funds available to make the transaction.

How do I transfer crypto to Coinbase? ›

Transfer crypto to your Coinbase Wallet from another wallet
  1. Tap Buy or transfer.
  2. Tap Transfer from elsewhere.
  3. Choose the coin you'd like to receive.
  4. Tap Copy or share address to share your asset address or have the sender scan the unique QR code.

What is the best way to send crypto from Binance to Coinbase? ›

To transfer from Binance to Coinbase, you will first need to open both your Coinbase and Binance accounts. What is this? Go to your Coinbase dashboard and select 'Send/Receive'. Here, choose the 'Receive Tab' and pick which asset you want to transfer to Coinbase.

How do I buy crypto from USA with Binance? ›

Create a free account on the Binance website or the app.
  1. Create a free account on the Binance website or the app. Your Binance account acts as a gateway into buying crypto. ...
  2. Choose how you want to buy the Bitcoin (BTC) asset. ...
  3. Check the payment details and fees. ...
  4. Store or use your Bitcoin (BTC) in Binance.

Can I sell Binance to USD? ›

A. Yes, at CEX.IO you can trade the BUSD/USD market, sell Binance USD (BUSD) for dollars instantly or convert it into fiat or cryptocurrencies in a few clicks using the mobile app. Q.

Which is better Coinbase or Binance? ›

On wire transfers, Binance does a bit better, with no charge for wire deposits and a $15 withdrawal fee for domestic wires. For its part, Coinbase charges $10 for wire deposits into its accounts and $25 for wire withdrawals. Advantage: Binance offers a better fee structure here, both for ACH fees and even wire fees.

Why can't i cash out on Coinbase? ›

If you are unable to sell or withdraw from Coinbase, it could be due to one of a few reasons: There are restrictions in your region. You are a new account holder. You haven't completed the verification.

How do I transfer money out of my crypto account? ›

How to transfer crypto to a bank account
  1. Sell your crypto. Using a centralized exchange (examples include Coinbase and Kraken) is one of the simplest ways to cash out your cryptocurrency or Bitcoin. ...
  2. Wait until the transaction clears. ...
  3. Withdraw your money. ...
  4. Debit card withdrawal. ...
  5. Peer-to-Peer Sales. ...
  6. FAQ.
Dec 20, 2022

Can I transfer crypto to PayPal? ›

Yes, you can transfer cryptocurrency into and out of PayPal.

Is Binance an external wallet? ›

Once you've purchased your desired crypto, you can also withdraw it from your Binance account into an external wallet.

How do I withdraw USD from Binance us? ›

On mobile app
  1. Tap the 'Wallet' icon.
  2. Tap the 'Withdraw' icon.
  3. Select 'USD US Dollar' from the Withdraw Funds screen.
  4. Select which ACH account you wish to send the funds to from the drop-down menu. ...
  5. Confirm that all of the information presented to you is correct and tap 'Confirm Withdraw'

Can I link my Binance wallet to my bank account? ›

With conventional bank transfers, users link their bank account to Binance P2P in order to send and receive money. This allows users to buy and sell cryptocurrencies like Bitcoin, Ethereum, BNB, Dogecoin and more.

Why can't i withdraw from Binance? ›

Recent Account Changes (Including Password Changes) Occasionally, we may need to lock your account if you have made recent changes to it. For example, if you have reached out to our team to reset your two-factor authentication, or you have changed your password, we will temporarily disable your ability to withdraw.

How do I cash in my Binance account? ›

How to Withdraw NGN from Binance
  1. On the Binance app home page, click “Wallets”.
  2. Go to the “Spot” section and click “Withdraw”.
  3. Click “Cash” to switch to this menu. ...
  4. Fill in your receiving account details. ...
  5. Enter the amount you want to withdraw and click “Continue”.
Nov 24, 2022

Can I transfer from Binance to PayPal? ›

Log into your Binance account. Select on Withdraw tab. Click on the Fiat tab, and choose the currency you want to transfer to PayPal. Enter the withdrawal information, click on continue to proceed further, including details of the recipient wallet.

Why is Binance not accepting my address? ›

Check that your document is not older than three months. Binance only accepts Proof of Addresses that are dated within the last three months from the date of issuance. Make sure your document can be used as Proof of Address.

Why won't Binance accept my address? ›

One of the reasons that address verification failed can be related to the files and photos you upload of invalid documents. If these documents are old or in someone else's name, Binance won't accept them. For example, if you upload a utility bill, you must use your latest bill.

Can I withdraw from Binance without verification? ›

If you're unable to pass the verification, go to [Wallet] - [Withdraw Crypto] and click [Withdraw appeal] on the alert, then submit the required documents. Alternatively, go to [Wallets] on the Binance App and tap [Spot] - [Withdraw].

What does Binance wallet address mean? ›

More specifically it is the string of text that designates the location of a particular wallet on the blockchain, that can be used to send or receive digital assets from.

What is the address in Binance withdrawal? ›

Address label is a customized name you can give to each withdrawal address for your own reference. MEMO is optional. For example, you need to provide the MEMO when sending funds to another Binance account or to another exchange. You do not need a MEMO when sending funds to a Trust Wallet address.

Is the Binance wallet safe? ›

Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies. The platform could be overwhelming for both beginners and experienced traders. Binance offers lower fees than many other cryptocurrency exchanges.

What is the difference between Trust Wallet and Binance? ›

Trust Wallet is a secure crypto wallet platform designed to help businesses and professionals exchange and earn cryptocurrency... Binance is a crypto wallet that can be used to trade in digital cryptocurrencies. That includes buying and selling such currencies....

What network do I transfer BNB to? ›

ETH and ERC20 tokens should be sent to your Ledger Ethereum address via the ETH/ERC20 network. BNB and BEP20 tokens should be sent to your Ledger Binance Smart Chain address via the BSC/BEP20 network.

How do I withdraw from BNB Trust Wallet? ›

If you wish to cash out a popular crypto asset like BTC, ETH, BNB, or a USD Stablecoin, you need to send it to your exchange account (Binance, Kraken, or Coinbase, for example), and then sell it for USD or EUR and then withdraw the funds to your linked bank account.

Does the Binance US app have a wallet? ›

Trust Wallet is the official wallet for Binance users, a free app to store cryptocurrency that is highly rated by Google Play and App Store users. Users, however, are welcome to use their own choice of crypto wallet.

What is BNB used for? ›

Binance Coin (BNB) is a cryptocurrency that can be used to trade and pay fees on the Binance cryptocurrency exchange.

What is an external crypto wallet? ›

A crypto wallet (cryptocurrency wallet) is software or hardware that enables users to store and use cryptocurrency. With cryptocurrency, there's no tangible currency, no paper money to place within a physical wallet or purse.

What is external account in Ethereum? ›

There are two types of accounts in Ethereum: Externally Owned Accounts (EOA) and Contract Accounts. An EOA is controlled by a private key, has no associated code, and can send transactions. A contract account has an associated code that executes when it receives a transaction from an EOA.

Why can't i withdraw my money from crypto com? ›

Crypto.com doesn't offer a bank account in a traditional sense. Your coins are held in a digital wallet. To access the funds, you'd need to sell your crypto so that the funds from that sale can be held in a fiat wallet as U.S. cash.

Is Coinbase an external wallet? ›

Coinbase Wallet is a self-hosted wallet that lets you take full control of your crypto, digital art, and more by storing them privately and securely on your own device. Assets in Coinbase Wallet are not held by Coinbase.

What does it mean when it says external account? ›

Here's a brief summary of the two: External account transfer. This is a transfer of funds between an account you own with us, and an account you own at another financial institution. Linked external accounts. This is when you link accounts you have at other financial institutions to your mobile and online banking.

What is my external account? ›

External Account is your account at another financial institution (i) to which you are transferring funds from your Eligible Transaction Account; or (ii) from which you are transferring funds to your Eligible Transaction Account.

What is the definition of external account? ›

: an account of a firm or corporation with any outside party.

How do I get my money out of Crypto com? ›

Open the Crypto.com App and go to "Accounts" Open your Crypto Wallet. Press the "Transfer" button. Press "Withdrawal"

Can I withdraw $100 from Crypto com? ›

At a Glance: Withdrawing money from Crypto.com can be done in a series of steps. Every month, you can withdraw about $50,000. In case you try to withdraw less than $100, they will notify you.

How do I get my cash out of Crypto com? ›

Visit crypto.com/exchange and select the Log In button (upper right-hand corner). After you have logged in to your account, click Wallet. Find your cryptocurrency to withdraw and select Withdraw from the ⋯ menu.

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