how to transfer from binance to coinbase

To transfer cryptocurrency from Binance to Coinbase, you must establish accounts on both platforms, select the coin for transfer, and input the deposit address from Coinbase into the withdrawal form on Binance.

Nov 03, 2024 at 05:51 pm

How to Transfer from Binance to Coinbase - Understand the Process

Step 1: Create an Account on Both Platforms

• Firstly, create an account on Binance and Coinbase. Ensure you complete the verification process to enhance security.

Step 2: Access Your Binance Wallet

• Navigate to the "Wallet" tab on Binance.

Step 3: Select the Cryptocurrency

• Decide which cryptocurrency you want to move from Binance to Coinbase and click "Withdraw."

Step 4: Choose Withdrawal Methods

• Select "Blockchain (BEP20)" for Binance Smart Chain (BSC) transfer (this is typically the cheapest option) or "Binance Chain (BNB)" for Binance Chain (BNB) transfer.

Step 5: Enter Coinbase Address

• Return to Coinbase and navigate to your cryptocurrency wallet.
• Click "Deposit" and obtain your deposit address.
• Copy and paste your Coinbase address into the "Address" field on Binance.

Step 6: Enter Withdraw Amount

• Specify the amount of cryptocurrency you want to transfer.
• Consider the network fees associated with the transaction.

Step 7: Confirm Transaction

• Double-check the details to ensure accuracy.
• Enter your two-factor authentication code (2FA code).

Step 8: Monitor Transfer Status

• The transaction may take a few minutes to complete. You can track the status in your Binance "History" or Coinbase "Deposit History."