how to withdraw shiba inu from binance

To withdraw Shiba Inu (SHIB) from Binance, navigate to the "Wallet" section, select "Withdraw," choose SHIB, enter the withdrawal address, specify the amount, select a withdrawal network (optional), complete security verification, and confirm the withdrawal.

Oct 17, 2024 at 06:12 am

How to Withdraw Shiba Inu (SHIB) from Binance

Shiba Inu (SHIB) is a decentralized cryptocurrency that has gained immense popularity in recent times. If you hold SHIB on Binance and wish to withdraw it to your personal digital wallet or another exchange, follow the steps outlined below:

1. Log In to Your Binance Account

Access your Binance account at www.binance.com and log in using your credentials.

2. Navigate to the "Wallet" Section

Once logged in, hover over "Wallet" in the upper right corner of the page and select "Overview."

3. Select "Withdraw"

On the "Overview" page, under "Spot," click on the "Withdraw" button.

4. Choose "Crypto"

In the "Withdraw" section, choose "Crypto."

5. Select Shiba Inu (SHIB)

Locate and select "Shiba Inu (SHIB)" from the list of available cryptocurrencies.

6. Enter the Withdrawal Address

In the "Address" field, enter the wallet address where you wish to withdraw your SHIB. This could be your personal digital wallet address or the address of another exchange.

7. Specify the Withdrawal Amount

In the "Amount" field, enter the amount of SHIB you want to withdraw.

8. Select Withdrawal Network (Optional)

In some cases, you may have the option to select a specific withdrawal network. If you have a preference, select the desired network.

9. Complete the Security Verification

You will be required to complete a security verification step, usually involving entering a 2-Factor Authentication (2FA) code.

10. Confirm the Withdrawal

Review the withdrawal details carefully and click on the "Withdraw" button. Your SHIB will be transferred to the specified address.

Important Notes:

• Network Fees: Binance charges a small withdrawal fee when you withdraw SHIB. The fee may vary depending on the selected withdrawal network.
• Withdraw Limits: Binance may impose withdrawal limits for SHIB. Check the platform's policy for specific limits.
• Processing Time: The withdrawal processing time may vary depending on network traffic and Binance's internal procedures. However, it typically takes a few minutes to several hours.
• Security: Ensure that the withdrawal address is correct. Sending SHIB to an incorrect address could result in the permanent loss of your funds.