How to send crypto from Binance to your Exodus wallet?

Connecting Your Exodus Wallet to Binance

1. Ensure your Exodus wallet is updated to the latest version to avoid compatibility issues with receiving crypto assets.

2. Open the Exodus app and select the cryptocurrency you wish to receive, such as Bitcoin or Ethereum.
3. Tap on 'Receive' to generate a unique deposit address specific to that coin.
4. Copy the address carefully or use the QR code option for accurate transfer details.
5. Log in to your Binance account and navigate to the “Wallet” section under “Spot”.

Selecting the Correct Network for Transfer

1. When sending crypto from Binance, it's crucial to match the network used by Exodus.

2. For example, if sending USDT, confirm whether Exodus supports USDT on the TRON (TRC20), Ethereum (ERC20), or another network.
3. Always verify the supported networks in Exodus before initiating any transaction to prevent permanent loss of funds.
4. In Binance, after selecting “Withdraw,” choose the same network that aligns with Exodus’s requirements.
5. Paste the copied wallet address into the recipient field on Binance and double-check for accuracy.

Initiating and Confirming the Withdrawal

1. Enter the amount of cryptocurrency you want to send from Binance to Exodus.

2. Review all withdrawal details including the network, address, amount, and associated fees.
3. Incorrect network selection is one of the most common reasons for failed transfers and irreversible fund loss.
4. Confirm the withdrawal using your chosen authentication method, such as Google Authenticator or SMS verification.
5. After submission, wait for Binance to process the transaction; this may take a few minutes depending on blockchain congestion.

Monitoring the Transaction Status

1. Once the withdrawal is confirmed, Binance provides a transaction ID (TXID).

2. Click on the TXID to view the transfer on a blockchain explorer like Etherscan or Tronscan.
3. Track the confirmation progress—most deposits require several confirmations before appearing in Exodus.
4. Open Exodus and check the balance section for the incoming transaction.
5. If the transaction doesn’t appear within a reasonable time, verify the network and address again using the TXID.

Frequently Asked Questions

Can I send multiple cryptocurrencies from Binance to Exodus using the same address?No, each cryptocurrency requires its own receiving address within Exodus. Using a Bitcoin address for Ethereum, for instance, will result in lost funds.

Are there withdrawal fees when transferring from Binance to Exodus?Yes, Binance charges a small network fee based on the cryptocurrency and current blockchain load. These fees are displayed before confirming the withdrawal.

What should I do if my crypto doesn’t show up in Exodus?First, confirm the correct network was used. Then check the transaction status via the TXID on a blockchain explorer. If everything matches, wait longer for confirmations or contact Exodus support with the TXID.

Is it safe to share my Exodus wallet address publicly?Yes, sharing your public wallet address is safe and necessary for receiving funds. Never share private keys or recovery phrases under any circumstances.