Do you no longer use the Binance exchange? Or are you thinking on how to send crypto from Binance to a Coinbase account? Well if I were you, I think I think I would count my self lucky. This definitely because you are at the right place đ. On Binance, you can send cryptocurrencies to any exchange (not just another Binance account).
However, you need the receiverâs crypto address. Take for instance, if youâre looking for a way to send Bitcoin, you need the receiverâs Bitcoin address. And once you have the receiverâs Bitcoin address, youâll be able to send Bitcoin to them.
Therefore in this post article, youâll learn how to send crypto from Binance to Coinbase like Bitcoin, Ethereum, or other cryptocurrencies.
Get started on Binance here: https://www.binance.com/en/register?ref=73583477 or use â73583477â as the referral code.
Get a $10 USD Bitcoin bonus on Coinbase: https://www.coinbase.com/join/lim_di1.
That said, lets begin.
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Table of Contents
How to send crypto from Binance to Coinbase
First and famously, to send crypto from Binance to Coinbase, you need to navigate to the receiving page on Coinbase.
Secondly, copy the crypto address that you want to receive.
Thirdly, log in to Binance and navigate to the crypto that you want to send.
Lastly, send the crypto to Coinbase by pasting the receiverâs address.
The transaction will typically take 30 to 60 minutes to complete. However, if thereâs network congestion, it can take longer than 60 minutes to complete.
You can check the withdrawal status by navigating to the âTransaction Historyâ page on Binance.
Now checkout this method below on how to send crypto from Binance to Coinbase:
- Click on âSend / Receiveâ on Coinbase
- Copy the crypto address that you want to receive
- Navigate to the crypto that you want to send on Binance
- Send your crypto to from Binance to Coinbase
Lets go briefly to see how to go about with the above methods.
1. Click on âSend / Receiveâ on Coinbase
The first thing you need to do is to navigate to the receiving page on Coinbase.
Firstly, open the desktop version of Coinbase (coinbase.com) and log in to your account. You can also use the Coinbase mobile app for this.
For the sake of this article guide, weâll use the desktop version of Coinbase instead. Once youâre on Coinbase, youâll see a couple of buttons on the header. This involves the following âBuy / Sellâ and âSend / Receiveâ.
Since what you are looking for is to receive crypto, therefore, click on âSend / Receiveâ. However, if the receiver is not you, you need to ask them to click on âSend / Receiveâ.
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2. Copy the crypto address that you want to receive
After you or the receiver have clicked on âSend / Receiveâ, a pop-up will open. By default, youâll be on the âSendâ tab. Firstly, click on âReceiveâ to open the âReceiveâ tab. Now, youâll see a QR code, the asset, and the assetâs address. Secondly, you need to select the cryptocurrency that you want to receive. You can do so by clicking on the âAssetâ option and selecting the crypto that you want to receive.
Take this example, if you want to receive Bitcoin, click on âAssetâ, and click on âBitcoinâ. After you must selected the crypto that you want to receive, youâll see its address under it. For instance, if youâve selected âBitcoinâ, youâll see your BTC address.
Click on the duplicate icon to copy your crypto address (e.g. BTC) and proceed to the next step.
However, if youâre not the receiver, you need to ask them to copy their crypto address by following the steps above.
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3. Navigate to the crypto that you want to send on Binance
After you must copied the crypto address as seen from the example above from Coinbase, youâll be able to send Bitcoin to it.
Firstly, go to binance.com and log in to your account. You can also use the Binance mobile app for this. For the purpose of this article guide, weâll use the desktop version of Binance. Once youâre on Binance, click on âWalletâ on the header.
This will open a list of alternatives including âOverviewâ, âFiat and Spotâ, and âMarginâ. Click on âFiat and Spotâ to go to your fiat and spot wallet. On your fiat and spot wallet, youâll see the balances of cryptocurrencies that you own.
Lastly, you need to navigate to the crypto that you want to send to Coinbase. For instance, if you want to send Bitcoin, click on âWithdrawâ next to Bitcoin.
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4. Send your crypto to from Binance to Coinbase
After youâve clicked on âWithdrawâ on the crypto that you want to send to Coinbase, youâll land on the withdrawal page
On the withdrawal page, youâll see a couple of dropdown boxes and fields. This involves âCoinâ, âAddressâ, âNetworkâ, and âAmountâ.
There are 4 possible steps to the withdrawal process. This includes initiating a withdrawal, getting the address, waiting for the network confirmation, and a successful deposit.
Firstly, you need to select the cryptocurrency that you want to send to Coinbase in the âCoinâ dropdown box. For instance, if you want to send Bitcoin, click on the âCoinâ dropdown box and select âBitcoinâ.
Secondly, you need to paste the receiverâs address that youâve copied from the second step. For instance, if youâre sending Bitcoin, you need to paste the receiverâs Bitcoin address from Coinbase.
Thirdly, you need to select the correct network.For instance, if youâre sending Bitcoin, the right network is âBitcoinâ.
On the other hand, if youâre sending Ethereum, the right network is âERC20â.
Fourthly, enter the amount of crypto that you want to send in the âAmountâ field.
Lastly, click on âWithdrawâ to send the crypto from Binance to Coinbase!
Keep in mind that youâll need to complete a security verification to send the crypto. This includes either a mobile, email or google authenticator. The withdrawal process will typically take 30 to 60 minutes to complete.
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Conclusion on How to Send Crypto from Binance to Coinbase
Keep in mind that crypto transactions cannot be reversed. Hence, before you send any cryptocurrency to someone, make sure to do a test deposit first.
This is especially important if youâre making a large deposit. For instance, if youâre sending 0.1 Bitcoin to someone, you should send them 0.01 Bitcoin first.
Once the deposit is successful, you can send them the remaining 0.09 Bitcoin. This will ensure that youâre sending it to the right address.
Although crypto withdrawals typically take 30 to 60 minutes to complete, they can take longer due to network congestion.