How to Send BTC from Coinbase Wallet to Binance?

Prerequisites for Transferring BTC

1. A fully verified Coinbase Wallet application installed on a compatible mobile device.

2. A Binance account with KYC verification completed and BTC deposit address generated.

3. Sufficient BTC balance in the wallet, plus enough Bitcoin network fee to cover on-chain transaction costs.

4. Stable internet connection and up-to-date version of both Coinbase Wallet and Binance app or web interface.

5. Awareness that BTC transfers are irreversible once confirmed on the blockchain.

Step-by-Step Transfer Process

1. Open Coinbase Wallet and tap the BTC asset tile to access its balance screen.

2. Tap the Send button located at the bottom center of the screen.

3. Paste or scan the BTC deposit address copied from Binance — ensure it begins with bc1, 1, or 3 and matches the network type (Bitcoin mainnet only).

4. Enter the exact amount of BTC to send, carefully double-checking decimal places and trailing zeros.

5. Review the estimated network fee displayed; confirm it aligns with current mempool conditions shown on explorers like mempool.space.

Address Validation and Network Selection

1. Binance provides separate deposit addresses for BTC, BTC BEP-20, and BTC ERC-20 — sending to any non-Bitcoin mainnet address will result in permanent loss.

2. Coinbase Wallet defaults to native SegWit (bc1) or legacy (1) addresses — verify compatibility by checking Binance’s deposit page for accepted formats.

3. Never use a Lightning Network address from Binance; Coinbase Wallet does not support Lightning outbound transfers.

4. Confirm the destination network is explicitly labeled Bitcoin (BTC) and not Bitcoin Cash (BCH) or Bitcoin SV (BSV).

5. Cross-check the first six and last six characters of the address in both apps before final confirmation.

Transaction Monitoring and Confirmation

1. After submission, Coinbase Wallet displays a transaction ID (TXID) — copy it immediately for tracking.

2. Paste the TXID into a block explorer such as blockstream.info or blockchair.com to monitor confirmation status.

3. Binance typically credits BTC after 1 confirmation, though full availability may require up to 2 confirmations depending on system load.

4. If the transaction remains unconfirmed for over 2 hours, check current fee saturation using mempool.space and consider accelerating via RBF if enabled during broadcast.

5. Do not resend the same transaction — duplicate broadcasts risk double-spend attempts and complicate recovery.

Frequently Asked Questions

Q: Can I send BTC from Coinbase Wallet to a Binance Smart Chain (BSC) BTCB address?No. BTCB is a BEP-20 token pegged to BTC and resides on BSC. Sending native BTC to a BEP-20 address results in irreversible loss.

Q: Why does Binance show “Deposit Pending” even after 3 confirmations?This may occur if the BTC deposit address was regenerated after the transfer was initiated. Binance only accepts deposits to the active address visible at time of receipt.

Q: Is it safe to use Coinbase Wallet’s built-in QR scanner for Binance addresses?Yes — provided the QR code originates directly from Binance’s official deposit interface and has not been intercepted or altered via phishing sites or malware.

Q: What happens if I accidentally send BTC to a BCH address on Binance?The funds are sent to an incompatible chain and cannot be recovered through standard means. Binance does not support cross-chain retrieval for such misdirected BTC.