How to transfer cryptocurrency, fiat money to or from Binance | How to transfer to another Binance account without commission


Binance cryptocurrency exchange is the most popular platform for trading cryptocurrencies. It includes many functions and features, and also has a simple, accessible interface. However, beginners sometimes have questions regarding managing their funds - for example, how to transfer from Binance to a card or to a crypto wallet, is it possible to transfer assets to another user of the exchange, how to top up the balance. All this is real, and the editors of Profinvestment.com offer detailed instructions on how to act in each situation.

Please note that all deposit and withdrawal methods have certain limits. You can view the current limits for cryptocurrencies here. There are no maximum restrictions, only a minimum bar.

How to transfer fiat money to the Binance exchange wallet

To top up your account with fiat, you will need to undergo identity verification . Information that must be provided as part of the KYC check:

  • photo/scan of passport or driver's license;
  • information about the residential address;
  • Date of Birth;
  • selfie.

When verification is successfully completed, you can top up your balance with fiat funds from a card or electronic payment system.
To do this, log in to the exchange, open the “Wallet” menu at the top of the screen and select “Fiat and Spot”. On the page that opens you will see a list of all currencies supported by the exchange. Press “Enter” in the line with the ruble or other currency of interest.


Click Enter to transfer fiat money such as rubles (RUB) to Binance exchange

On the left side of the screen is a selection of available deposit methods for a given fiat currency. In the case of the ruble it is:

  • Visa/Mastercard bank card – commission 3.99% of the amount. The limit is 22,400 rubles per transaction.
  • AdvCash EPS account balance – no commission (please note that confirmation of identity, address and telephone number directly in AdvCash is also required). The limit is from 100 to 70 million rubles per transaction, up to 200 million per day and month.
  • Payeer EPS account balance – no commission. Limits are similar to AdvCash.

On the right side there is payment functionality.

Enter the amount and click the "Continue" button. You will need to confirm the transfer on the website of the payment system or bank, and possibly enter a password. Funds will be credited to your account within a few minutes and can be used for trading.


Selecting a currency and payment method

Support


Support
The support service is available 24 hours a day and can communicate with users in seven languages ​​(Russian, English, Chinese (Mandarin), Indonesian, Spanish, German and Korean).

You can contact the support service using the form on the website:


Contact WhiteBIT support

Open tickets can be checked in the corresponding section on the website:


List of support tickets

How to transfer cryptocurrency to a Binance exchange wallet from another wallet or exchange

Now let’s look at how to transfer cryptocurrency that you have stored on another crypto exchange or in your wallet to Binance.

Go to the Binance asset list again and press “ Enter ” next to the desired cryptocurrency. For example, Ethereum. You can quickly find the cryptocurrency you need using the search field.

This is what the interface for replenishing an exchange wallet with cryptocurrency looks like.


Address for transferring ETH cryptocurrency to the Binance exchange wallet

On the right side of the screen you see the exchange wallet address . It is to this that you need to transfer coins from another source. Instructions for transferring assets from the Metamask wallet , presented as a browser extension:

  1. Unlock your wallet by entering your password.
  2. Click the "Submit" button.
  3. Copy the wallet address to Binance.
  4. Paste it into the special field in Metamask.
  5. Enter the transfer amount.
  6. Select commission. The higher it is, the faster the transaction will go through. The level of the current commission depends on how busy the blockchain is now (how many transactions are in the queue).
  7. Click "Next" and confirm the transfer.


    Transferring cryptocurrency from Metamask wallet to Binance

Instructions for transferring to Binance from another exchange using EXMO as an example:

  1. Log in to EXMO. The exchange requires mandatory verification to work with any assets, but if you already have money in your account, then you have already successfully passed it.
  2. Go to the “Wallet” section.
  3. Click "Withdraw" for the currency you want to send.
  4. Paste the wallet address you copied from Binance.
  5. Enter the payment amount. Pay attention to the commission. For each cryptocurrency it is fixed, for example, for ether it is 0.008 ETH.
  6. Click "Withdraw" and confirm the payment.


    Transfer of cryptocurrency from the EXMO exchange to the Binance exchange

What is WhiteBIT


Bitcoin trading
WhiteBIT

is a cryptocurrency exchange founded in 2022 by a team of Russian-speaking professionals. Registered in Estonia and licensed by the European regulator. Offers trading in 137 pairs, both fiat and cryptocurrencies, margin trading is also available.

The mission of the site is to build a simple and secure platform that will expand the awareness and use of blockchain technology. According to the exchange data, more than 300,000 users from 190 countries are registered on the site.

On the official website of the exchange, among the team members there are three people originally from Ukraine:


WhiteBIT Team

Verification on the WhiteBIT exchange is not mandatory, however, without passing KYC, you can use the platform only in a limited manner. In particular, transactions with fiat will not be available, and this is one of the significant advantages of the exchange, which supports not only the dollar or euro, but also rubles and hryvnia.

☝️

WhiteBIT official website

IMPORTANT!

If you register using our link, you will receive discounts on commissions!

How to transfer cryptocurrency from Binance to another external wallet or exchange

First you need to find out the wallet address. In cryptocurrency wallets, it is located in the “Receive” section or similar. In Metamask - in the “Account Details” section, which opens by clicking on the three dots in the right corner of the window.


Address for transfer to Metamask wallet

On a crypto exchange , you can find out the address for receiving funds by clicking Enter/Deposit/Top up for the desired coin.


Address for transferring cryptocurrency to the EXMO exchange

After copying the address, go to Binance and follow these steps:

  1. Click the "Withdraw" button for the cryptocurrency you want to send.
  2. In the field on the right, insert the address for transfer.
  3. Select a network (only for those cryptocurrencies that operate on multiple networks). If you send it to the wrong network, the funds will be lost forever, and neither Binance nor anyone else will return them to you.
  4. Enter the amount. Commissions for cryptocurrency are fixed - for example, 0.005 ETH.
  5. Click "Submit" and confirm the action.


Transferring cryptocurrency from a Binance wallet to another address
If you use the Binance mobile application, you can also simply scan the QR code, which is provided by almost all services along with the address.

How to transfer fiat from Binance to a card, payment system wallet or cash

There are two main ways to withdraw fiat money from the Binance exchange to a card or payment system.

The first is a direct withdrawal from the exchange, including through Binance P2P . Click “Withdraw” next to fiat currency and see what transfer methods are currently available. For example, at the time of writing you can:

  • Transfer rubles to another binance account (more on this in the next section).
  • Withdraw rubles to AdvCash without commission. The limits are the same as for input.
  • Withdraw rubles to Payeer with a commission of 1%. The limit per transaction is from 200 to 8 million rubles, per day and month up to 18 million rubles.

And the Yandex.Money payment system (i.e. YuMoney) is temporarily under maintenance.

Having chosen the desired method, enter the amount to send and, if there are enough funds in the account, confirm the transfer.


Transfer fiat from Binance

The second method is withdrawal through an exchanger or other third-party service . There are many exchangers that allow you to exchange cryptocurrency for fiat (QIWI, Payeer, YooMoney, AdvCash, etc.).

During the exchange process, the service will ask you to transfer cryptocurrency to the address provided to it. You need to do this directly from the exchange by going to the “Withdrawal” section and indicating this address. Having received the cryptocurrency, the service will send you fiat to the specified card details/electronic payment system.

In addition to regular exchangers, you can use p2p exchanges and bots in the Telegram messenger in a similar way.

Internal transfer without commission between Binance accounts

Users have access to instant internal transfers from Binance to Binance with zero commissions . This works for both cryptocurrencies and fiat money. However, in the case of fiat, only verified users can use it.

Fiat transfer


Internal transfer between accounts
Click “Withdraw” next to the desired fiat currency and select the withdrawal method – “Fiat transfer”.

Enter the amount. Next, enter information about the account to which you are making the transfer - this can be either an email, a User ID, or a phone number . Please include a note (this is optional). Click "Continue" and confirm the operation.

Transferring cryptocurrency from one account to another

With cryptocurrency everything is even simpler. The user needs to withdraw cryptocurrency in the standard way, as we described earlier (simply through the “Withdraw” button and indicating the wallet address).

Next, the exchange will look to see if the specified address belongs to the Binance user. If yes, then no commission will be charged, despite the fact that it is displayed at the stage of creating a withdrawal request.


Transferring cryptocurrency from one Binance account to another

The recipient will see this receipt as a regular deposit in their account transaction history.

To use this method, you will need to enable two-factor authentication (2FA).

Registration on WhiteBIT


How to register on a cryptocurrency exchange
How to register on WhiteBIT:

  1. Go to the “Registration” tab.
  2. Enter your personal information to create an account.
  3. Confirm your account via the link in the email.
  4. Registration is completed.

First of all, you need to go to the “Registration” tab on the main page of the site:


Registration on the WhiteBIT exchange

Registration is very simple and requires providing standard information: email, complex password, referral link (optional). You must also agree to the terms of use and privacy policy, and confirm that you are not a resident of the countries on the specified list.


Registration process on WhiteBIT

After clicking on the “Registration” button, the exchange will send an email about the successful creation of an account and offer to follow a link to confirm it.

After clicking on the link, the system will offer to notify you via email about the completion of transactions - you need to click OK if this function is important to you.


Completing registration on WhiteBIT

At this point, registration on WhiteBIT is completed and you can start trading.

Rating
( 2 ratings, average 4.5 out of 5 )
Did you like the article? Share with friends:
For any suggestions regarding the site: [email protected]
Для любых предложений по сайту: [email protected]