how to send bitcoin from binance to another wallet without

By utilizing the Binance Smart Chain (BSC) network, users can send Bitcoin from Binance to other wallets without incurring transaction fees, making it a cost-effective option for transferring BTC.

Oct 25, 2024 at 08:11 am

How to Send Bitcoin from Binance to Another Wallet Without Paying Fees

Step 1: Log in to Binance and Navigate to the 'Wallet' Page

• Open the Binance app or website and log in to your account.
• Click on the "Wallet" tab in the top menu.

Step 2: Choose the "Spot" Option

• Under the "Wallet" section, select the "Spot" option.

Step 3: Find Bitcoin and Click "Withdraw"

• Search for Bitcoin (BTC) in the list of cryptocurrencies.
• Click on the "Withdraw" button next to the BTC balance.

Step 4: Enter the Destination Address

• In the "Recipient Address" field, enter the address of the wallet you want to send the BTC to.
• Ensure that the address is correct and has the appropriate network selected (BTC for Bitcoin).

Step 5: Select the "Withdraw Network" Option

• Choose the "BEP2 (BSC)" network under the "Network" dropdown menu.
• This will allow you to send BTC using the Binance Smart Chain (BSC), which does not have transaction fees.

Step 6: Set the Withdrawal Amount

• Enter the amount of BTC you want to withdraw in the "Amount" field.

Step 7: Check the Details and Confirm

• Verify the recipient address, withdrawal network, and amount.
• Click on the "Withdraw" button to initiate the transaction.

Step 8: Complete the Verification

• You will receive a confirmation message via email or SMS.
• Enter the verification code and click "Submit" to complete the withdrawal.

Additional Notes:

• The minimum withdrawal amount for BTC on the BSC network is 0.001 BTC.
• Binance may impose a small processing fee for non-native token withdrawals, but this fee will be minimal using the BSC network.
• It may take some time for the transaction to be processed and credited to the destination wallet.
• Always double-check the recipient address before initiating a transaction to avoid sending funds to an incorrect wallet.