How Do I Deposit/Withdraw Cryptocurrency on Binance? | how to,deposit,withdraw,withdrawal,guide (2024)

How to deposit/withdraw cryptocurrency on the Binance App?

How to deposit/withdraw cryptocurrency on the Binance website?

How to choose a network?

  • 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.
  • EOS refers to the Enterprise Operation System network.
  • BTC refers to the Bitcoin network.
  • BTC (SegWit) refers to Native Segwit (bech32), and the address starts with “bc1”. You can withdraw or send Bitcoin to SegWit (bech32) addresses. For more details, please refer to What Is Segregated Witness (SegWit)?.

For certain networks, such as BEP2 or EOS, you must fill in the Memo when making a transfer, or your address cannot be detected.

Please make sure that

the selected network matches the network of the platform you are withdrawing funds from or depositing funds to. If you select the wrong network, your funds might be lost and cannot be recovered.

  • 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.
  • Please make sure the address and amount you entered is correct before confirming the transfer.

Step-by-step tutorials

How to deposit crypto on the Binance app?

1. Log in to your Binance app and tap [Deposit].

How Do I Deposit/Withdraw Cryptocurrency on Binance? | how to,deposit,withdraw,withdrawal,guide (1)

2. Choose [Deposit Crypto].

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3. Choose the cryptocurrency you want to deposit, for example, BNB.

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4. You’ll see the available networks for depositing BNB. Please make sure that the selected network matches the network of the platform you're withdrawing funds from. If you select the wrong network, your funds might be lost and cannot be recovered.

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5. You’ll see a QR code and the deposit address for the network you chose. Tap the copy icon to copy the deposit address, then paste it to the address field on the platform you intend to withdraw crypto from. You may also tap [Save and Share Address] to save the QR code and import it to the withdrawing platform directly.

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6. You can also select which wallet to deposit funds to by tapping [More Details]. Tap [Spot Wallet] and choose where you wish the deposit to be credited to (Spot Wallet or Funding Wallet).

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7. After confirming the deposit request, your transfer will be processed. The confirmation time varies depending on the blockchain and its current network traffic.

Once confirmed, the funds will be credited to your Binance account shortly after.

How to deposit crypto on the Binance website?

1. Log in to your Binance account and click [Deposit].

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2. Click [Deposit Crypto] on the side panel.

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3. You’ll be redirected to the Deposit Crypto page. Select the cryptocurrency you want to deposit, for example, BNB.

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4. Choose the deposit network. Please make sure that the selected network matches the network of the platform you are withdrawing funds from. If you select the wrong network, your funds might be lost and cannot be recovered.

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5. You’ll see a QR code and the deposit address for the network you chose. Click the copy icon to copy the deposit address, then paste it to the address field on the platform you intend to withdraw crypto from. You may also right-click on the QR code to save it as image and import it to the address field on the withdrawing platform.

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6. You can also select which wallet to deposit funds to by clicking [Spot Wallet] next to [Selected wallet]. Choose the Spot Wallet or Funding Wallet and click [Confirm].

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7. After confirming the deposit request, your transfer will be processed. The confirmation time varies depending on the blockchain and its current network traffic.

Once confirmed, the funds will be credited to your Binance account shortly after.

How to withdraw crypto on the Binance pp?

1. Log in to your Binance app and go to [Wallets] - [Spot] - [Withdraw].

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2. Choose the cryptocurrency you want to withdraw, for example, BNB. Then select [Send via Crypto Network].

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3. Paste the address you want to withdraw to and select the network. Enter the withdrawal amount and you’ll see the network fee and the final amount you can receive.

Important note: Please choose the network carefully and make sure it matches the network of the platform you’re withdrawing funds to. If you select the wrong network, your funds might be lost and cannot be recovered.

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4. You can choose which wallet balance to utilize for the withdrawal. Tap [Spot & Funding Wallet] and select the wallet(s), then tap [Confirm].

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5. Tap [Withdraw] to proceed and you’ll be prompted to confirm the transaction again. Please check carefully before tapping [Confirm].

Important note: If you enter the wrong information or select the wrong network, your assets might be lost and cannot be recovered. Please make sure the information is correct before confirming the transaction.

6. Verify the transaction with passkeys or 2FA. After confirming the withdrawal request, please wait patiently for the transfer to be processed.

How to withdraw crypto on the Binance website?

1. Log into your Binance account and mouse over the wallet icon. Click [Overview].

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2. Click [Withdraw] - [Withdraw Crypto].

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3. Select the cryptocurrency you want to withdraw, for example, BNB. The system will automatically select the corresponding network. Please double-check whether the selected network matches the network of the platform you’re withdrawing funds to. If you select the wrong network, your funds might be lost and cannot be recovered.

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4. Enter the withdrawal amount and you’ll see the network fee and the final amount you can receive. You can choose to utilize the funds in your Spot Wallet or Funding Wallet. Click [Withdraw].

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5. The system will prompt you to confirm the network selection. Please double-check whether the selected network matches the network of the platform you’re withdrawing funds to. If you select the wrong network, your funds might be lost and cannot be recovered. Click [Confirm] to proceed.

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6. Check the withdrawal details carefully before clicking [Continue].

Important note: If you enter the wrong information or select the wrong network, your assets might be lost and cannot be recovered. Please make sure the information is correct before confirming the transaction.

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7. Verify the transaction with passkeys or 2FA. After confirming the withdrawal request, please wait patiently for the transfer to be processed.

Frequently Asked Questions

1. How long does it take for my funds to arrive?

After confirming your request on Binance, it takes time for the transaction to be confirmed on the blockchain. The confirmation time varies depending on the blockchain and its current network traffic.

2. How to check my transaction history?

You can check the status of your deposit or withdrawal from [Transaction History].

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If you’re using the app, go to [Wallets] - [Spot] and tap the transaction history icon on the right.

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3. How to add a withdrawal address to my address book?

1. Go to the Withdraw Crypto page and click the address icon.

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2. Click [Add Withdrawal Address].

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3. You’ll be redirected to the Address Management page. Click [Add Address].

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4. Enter a label for the address. Then, select a coin for the address or set it as a universal address. Please note that if you select a coin, for example, BNB, you must select the corresponding network.

How Do I Deposit/Withdraw Cryptocurrency on Binance? | how to,deposit,withdraw,withdrawal,guide (29)
How Do I Deposit/Withdraw Cryptocurrency on Binance? | how to,deposit,withdraw,withdrawal,guide (30)

5. Paste the withdrawal address and select the address origin. Please make sure that the information of the receiving platform is accurate. Click [Ok] to save.

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6. You can add the address to your withdrawal whitelist by checking the box next to [Add Address to Whitelist]. After enabling this function, your Binance account can only withdraw to the addresses on the whitelist.

Click [Save].

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7. Verify your request and the address will be added to your address book.

For more details on withdrawal whitelist, please refer to How to Enable Withdrawal Whitelist on Binance?.

For more details, please refer to:

  • How to Deposit Crypto to Binance?
  • How to Withdraw Crypto from Binance?
  • FAQs on Crypto Deposit/Withdrawal
How Do I Deposit/Withdraw Cryptocurrency on Binance? | how to,deposit,withdraw,withdrawal,guide (2024)
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