How to transfer cryptos from Coinbase to Binance and related fees
Do you have cryptos on Binance and do you want to transfer some to Coinbase? We will show you how to do that by keeping transfer fees low.
Get your Address on Binance
First step is to click Wallet — Overview, after you did the login in to Binance or you create a new account.
Once done you need to click Deposit
and after that Deposit Crypto (or click here for BTC)
Now you can choose the crypto currency, we used Litecoin
You will get a warning, because minimum deposit is 0.001LTC
After that you get the full address
Transfer the coins to Binance
Open your Coinbase account and select Send/Receive (Invia/Ricevi)
Then you select Send/Invia
and you select the correct crypto. You need to write the same address you got before on Binance
Click continua / continue and you get the fee for this transition
Now you need to approve that via SMS
and you receive a confirmation
Few minutes later you get a notification in Binance
Transfer Ethereum and other coins
For Ethereum (ETH) is pretty the same, first you need to get an address
and then paste this in Coinbase.
NuCypher example
or ChainLink
where we transfer 5$ from one service to the other
we get a summary
After that we got the confirm
We got a confirm via E-mail too
Few minutes later we got the money too
Same for Loopring
or other cryptocurrencies.
Like Binance wrote in the tutorial
5. If the cryptocurrency is issued on multiple networks, select which one you’d like to make your deposit on.
For example, BNB is issued on Binance Chain as a BEP-2 token, on Binance Smart Chain (BSC) as a BEP-20 token, and on Ethereum as an ERC-20 token. As such, if you have BEP-2 tokens in the wallet you’re sending from, choose the BEP-2 deposit address. Be extra careful with this step, as if you deposit to the wrong address, you will lose your deposit.
please be sure to select the correct address and in case please ask to the support team. We are not responsible for lost or incorrect transition.
More informations available on How to Deposit on Binance, How Do I Deposit/Withdraw Cryptocurrency on Binance, How to Deposit Cryptos to Binance, An Introduction to Binance Smart Chain (BSC), BEP-2, ERC-20, An Introduction to ERC-20 Tokens, About Segregated Witness (SegWit), A Beginner’s Guide to Segregated Witness (SegWit),
Do you want to track, analyse and compare coins in a faster way. Check our new released website. We will release Telegram Channels and Discord Server soon. For a better CryptoLifestyle.
