how to transfer usdt from binance to bybit

To transfer USDT from Binance to Bybit, follow these steps: log in to Binance, navigate to the withdrawal page, choose USDT, copy the Bybit deposit address, enter the amount and network, review and initiate the withdrawal, confirm via email, and track its progress.

Nov 02, 2024 at 09:26 am

Step-by-Step Guide to Transferring USDT from Binance to Bybit

Step 1: Log in to Your Binance Account

• Visit the Binance website or open the app.
• Enter your login credentials and click "Log In."

Step 2: Navigate to the Withdrawal Page

• Click on "Wallet" in the top menu.
• Select "Fiat and Spot."
• Click on "Withdraw."

Step 3: Choose USDT as the Withdrawal Asset

• In the "Coin" field, select "USDT."

Step 4: Copy Your Bybit USDT Deposit Address

• Log in to your Bybit account.
• Click on "Assets" in the top menu.
• Select "Deposit."
• Copy the USDT deposit address displayed.

Step 5: Enter the Bybit Deposit Address and Amount

• Return to your Binance withdrawal page.
• Paste the Bybit USDT deposit address into the "Address" field.
• Enter the amount of USDT you wish to withdraw in the "Amount" field.

Step 6: Choose the Network for Withdrawal

• Binance allows USDT withdrawals through various networks, including TRC-20, ERC-20, and BEP-20.
• Select the network you wish to use for the transfer. TRC-20 is typically the cheapest option.

Step 7: Review and Initiate Withdrawal

• Review the withdrawal details carefully to ensure accuracy.
• Click on "Withdraw" to initiate the transaction.

Step 8: Confirm Withdrawal via Email

• Binance will send a confirmation email to your registered email address.
• Open the email and click on the "Confirm Withdrawal" link.

Step 9: Track Your Withdrawal

• Once you confirm the withdrawal, you can track its progress in the "Withdrawal History" section of your Binance account.

Note:

• The processing time for USDT withdrawals varies depending on the network chosen.
• You may incur a small transaction fee for the withdrawal.
• Be sure to double-check the deposit address before initiating the transfer to avoid loss of funds.