How to Transfer ETH from Coinbase Wallet to Binance?

Preparation Before Transfer

1. Ensure your Coinbase Wallet is updated to the latest version on mobile or browser extension.

2. Verify that your Binance account has completed full KYC verification, including ID upload and facial recognition.

3. Confirm ETH network support on Binance—only Ethereum Mainnet (ERC-20) deposits are accepted; Polygon or Arbitrum networks will result in permanent loss.

4. Double-check that your Binance deposit address is generated under the ETH (Ethereum) asset section—not under ETH2.0, stETH, or any wrapped variant.

5. Maintain sufficient ETH balance to cover gas fees on the Ethereum network; current median gas price is 28 Gwei, requiring ~0.0035 ETH for a standard transfer.

Step-by-Step Withdrawal from Coinbase Wallet

1. Open Coinbase Wallet app or extension and tap the ETH asset tile.

2. Select “Send” and paste the exact ETH deposit address copied from Binance.

3. Enter the precise amount of ETH to transfer—do not include trailing zeros beyond six decimal places.

4. Review the transaction summary: destination address, amount, network fee, and total outflow.

5. Confirm with biometric authentication or wallet passphrase; the transaction broadcasts immediately to the Ethereum mempool.

Monitoring Transaction Status

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

2. Paste the TxID into Etherscan.io to verify block inclusion, confirmations, and status.

3. Wait for Binance to process the deposit—typically 12–30 confirmations are required, averaging 3–7 minutes per confirmation.

4. Monitor Binance’s “Funds > Deposit History” tab; ETH appears only after final network settlement and internal validation.

5. Do not re-send if status shows “Pending”; duplicate transactions cannot be reversed and may cause overwriting errors.

Common Errors and Recovery Steps

1. Sending to a non-ETH address (e.g., BTC or SOL deposit address) triggers irreversible loss—no recovery mechanism exists on-chain.

2. Using an outdated or testnet address results in zero visibility on Etherscan and no credit on Binance.

3. Insufficient gas leads to “Out of Gas” failure; such transactions appear as failed on Etherscan but consume ETH for gas.

4. Accidentally selecting Polygon or Base network during send causes ETH to lock permanently on unsupported L2s—Binance does not monitor those chains for ETH deposits.

5. If Binance shows “Deposit Received” but balance remains unchanged after 60 minutes, contact Binance Live Support with full TxID and screenshot of Etherscan confirmation page.

Frequently Asked Questions

Q1. Can I send ETH from Coinbase Wallet to a Binance Smart Chain (BSC) address?No. BSC uses BEP-20 tokens, not ERC-20. Sending native ETH to a BSC address results in permanent loss. Always select Ethereum Mainnet.

Q2. Why does my ETH deposit show “Processing” for over two hours on Binance?This indicates either insufficient confirmations on-chain or mismatched checksum format in the address. Cross-verify the address case sensitivity and ensure at least 12 confirmations via Etherscan.

Q3. Is it safe to use the same ETH deposit address on Binance multiple times?Yes. Binance assigns persistent ERC-20 addresses per user. Reusing the address carries no security risk and is standard practice.

Q4. What happens if I send ETH to Binance using a memo/tag?ETH transfers do not support memos or tags. Including one will not break the transaction but is ignored entirely by both networks and Binance’s deposit parser.