How to Transfer ETH from Coinbase Wallet to Binance? How to Send Ethereum to an Exchange?

Preparing Your Coinbase Wallet

1. Open the Coinbase Wallet mobile app or browser extension and ensure it is fully updated to the latest version.

2. Verify your wallet balance and confirm that ETH is available for transfer without pending transactions or restrictions.

3. Locate and copy your Coinbase Wallet’s Ethereum address—this is a 42-character hexadecimal string starting with “0x”.

4. Double-check network compatibility: only Ethereum Mainnet (ERC-20) transfers are supported when sending ETH to Binance; avoid Polygon, Arbitrum, or other Layer 2 networks unless explicitly instructed by Binance.

5. Ensure sufficient ETH remains in the wallet to cover gas fees—typically between 0.005 and 0.02 ETH depending on current network congestion.

Obtaining the Correct Deposit Address from Binance

1. Log into your Binance account via the official website or mobile application.

2. Navigate to Wallet → Fiat and Spot → Deposits → Cryptocurrencies.

3. Search for “Ethereum” and select ETH from the list.

4. Choose the network: Ethereum (ERC-20) — this must match exactly with the network used in Coinbase Wallet.

5. Click “Deposit” and copy the displayed deposit address. Never reuse an old deposit address if Binance has regenerated it.

Executing the Transfer

1. Return to Coinbase Wallet and tap “Send” or the corresponding transfer button.

2. Paste the Binance ETH deposit address into the recipient field—verify every character manually.

3. Enter the exact amount of ETH you wish to send, excluding gas fees.

4. Review the transaction summary: destination address, amount, gas fee estimate, and network confirmation.

5. Confirm the transaction using your wallet password, biometric authentication, or hardware wallet signature as required.

Monitoring Transaction Status

1. After submission, locate the transaction hash (TxID) in Coinbase Wallet’s activity history.

2. Paste the TxID into a block explorer such as etherscan.io to verify status, confirmations, and gas usage.

3. Wait for Binance to detect and credit the deposit—this usually takes 12–30 confirmations on Ethereum Mainnet.

4. Check Binance’s deposit history under Wallet → Fiat and Spot → Deposits → Cryptocurrencies → ETH to see processing status.

5. If the deposit does not appear after 60 minutes and 30+ confirmations, contact Binance Support with the full TxID and timestamp.

Frequently Asked Questions

Q1: Can I send ETH from Coinbase Wallet using the BEP-20 network? No. Coinbase Wallet does not support BEP-20 natively. Sending ETH over BEP-20 will result in permanent loss. Always use ERC-20.

Q2: Why did my ETH deposit show as “Processing” for over two hours? This commonly occurs during Ethereum network congestion or if the gas price set in Coinbase Wallet was too low. Check Etherscan for pending status and confirmations.

Q3: What happens if I send ETH to a Binance BTC deposit address? The funds will be irretrievably lost. Binance cannot recover assets sent to incompatible addresses or networks.

Q4: Do I need to pay gas fees in ETH when transferring ETH? Yes. Every Ethereum Mainnet transaction requires gas paid in ETH—no alternative tokens or fiat substitutes are accepted.