How to Deposit or Withdraw on Binance Exchange for Beginners | Desktop and Mobile App Tutorial

Binance Exchange is a cryptocurrency exchange where you can trade cryptocurrencies like Bitcoin, Ethereum, Ripple, etc. In terms of trading volume, it is one of the world's major cryptocurrency exchanges. I personally use Binance for me to deposit and withdraw my assets.

In this blog, I will show you how to deposit and withdraw your crypto on Binance Exchange using your desktop or the mobile app. By the way, if you haven't registered on Binance Exchange you can use this link to sign up - Binance Exchange or use this referral ID: 41972135

Alright, now that you have your  Binance account. Using your browser, search for to log in using your desktop. You double-check the URL to avoid phishing websites. Click the login button to access your account. 

After logging in to your account, you hover your mouse on the upper right corner and click on Wallet, A drop-down option will appear and you select " Fiat and Spot".

Under "Fiat and Spot" you will see deposit, withdraw, send, and transfer buttons. To add crypto from another wallet you choose DEPOSIT. You pick WITHDRAW if you want to send your asset to another app/wallet. The SEND option is for Binance Pay to send crypto to other Binance users with zero fees and the TRANSFER button is for you to transfer your crypto to your Binance wallets like Cross Margin, Funding, and futures account. 

To DEPOSIT - you select the crypto and the network you will be using. You copy your deposit address and you go to your external wallet where you have the funds.

To WITHDRAW - you pick the token you want to withdraw, paste your deposit address from your external wallet, and make sure to use the same network to avoid loss of funds. The minimum withdrawal for USDT will be $2 USDT.

You can also use the Binance Mobile app which I usually prefer all the time. Here's a video tutorial on how to use your smartphone. 

Hope this helps you out in depositing and withdrawing your crypto funds on Binance Exchange. If you have questions, feel free to comment below. Thank you!

No comments