How to transfer USDT to Binance on Sesame Exchange

Key Points of Transferring USDT to Binance on Sesame Exchange

• Select the appropriate withdrawal network (TRC-20, ERC-20)
• Check the minimum and gas fee required for the transfer
• Verify the recipient address and amount
• Confirm the transfer and wait for the transaction to process

Step-by-Step Guide to Transferring USDT to Binance on Sesame Exchange

1. Log in to Sesame Exchange and select Withdraw USDT

• Navigate to the "Assets" tab and select "USDT" from the list of available assets.
• Click "Withdraw" and choose the "External Address" option.

2. Select the Withdrawal Network (TRC-20 or ERC-20)

• Sesame Exchange supports USDT transfers via TRC-20 and ERC-20 networks.
• Select the desired network based on the compatibility of your Binance account and the available withdrawal fees.

TRC-20 Network:

• Lower withdrawal fees compared to ERC-20
• Faster transaction times
• Note: Ensure your Binance account supports TRC-20 USDT deposits

ERC-20 Network:

• Higher withdrawal fees than TRC-20
• Slower transaction times but more widely accepted
• Note: Verify that your Binance account supports ERC-20 USDT deposits

3. Enter the Recipient Address and Amount

• In the "Recipient Address" field, enter the USDT deposit address associated with your Binance account.
• Double-check the address to avoid any errors.
• Under "Amount," specify the number of USDT you wish to transfer.

4. Check Minimum Withdrawal and Gas Fee

• Sesame Exchange has a minimum withdrawal amount for USDT.
• Verify that the amount you entered meets this minimum requirement.
• Note the gas fee associated with the withdrawal, which will vary depending on the network selected.

5. Confirm and Submit the Withdrawal

• Carefully review all the details (recipient address, amount, withdrawal network).
• Once satisfied, click the "Confirm Withdrawal" button.

6. Wait for Transaction Completion

• Sesame Exchange will initiate the USDT transfer process.
• The transaction may take several minutes to complete depending on the network congestion.
• You can track the progress of the withdrawal in the "Withdrawal History" section of your Sesame Exchange account.

FAQs on Transferring USDT to Binance on Sesame Exchange

Q: What is the minimum withdrawal amount for USDT on Sesame Exchange?

• The minimum withdrawal amount for USDT on Sesame Exchange varies based on the withdrawal network:

  • TRC-20: 1 USDT
  • ERC-20: 10 USDT

Q: Can I transfer USDT from Sesame Exchange to Binance via other networks?

• Currently, Sesame Exchange only supports USDT transfers to Binance via TRC-20 and ERC-20 networks.

Q: How long does it take for the USDT transfer to complete?

• The transfer time can vary depending on the withdrawal network:

  • TRC-20: Typically within a few minutes
  • ERC-20: May take up to several hours

Q: Is there a gas fee for transferring USDT from Sesame Exchange?

• Yes, there is a gas fee associated with USDT transfers, which varies depending on the withdrawal network.
• The gas fee is paid to the miners who process the transaction on the blockchain.

Q: What should I do if my USDT transfer is delayed or stuck?

• If your USDT transfer is delayed or stuck, you should contact Sesame Exchange's customer support for assistance.
• Provide them with the transaction ID or withdrawal reference number to facilitate the investigation.