common-close-0
BYDFi
Trade wherever you are!

What are the steps to transfer Bitcoin on Binance?

avatarBurak ÇobanDec 17, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to transfer Bitcoin on Binance? I'm new to the platform and would like to understand the process.

What are the steps to transfer Bitcoin on Binance?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Alright, let me break it down for you. Here's how you transfer Bitcoin on Binance: 1. Log in to your Binance account and head to the 'Wallet' section. 2. Select 'Spot Wallet' and click on 'Deposit' for Bitcoin (BTC). 3. Copy the Bitcoin deposit address provided by Binance. 4. Open your Bitcoin wallet (e.g., Ledger Live) and initiate a withdrawal. 5. Paste the Binance Bitcoin deposit address as the recipient. 6. Make sure the address is accurate to avoid any mishaps. 7. Specify the amount of Bitcoin you want to transfer and confirm the transaction. 8. Wait for the confirmation to be processed on the blockchain network. 9. Once confirmed, your Bitcoin will be successfully transferred to your Binance account. That's it! You're all set to start trading on Binance with your Bitcoin.