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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 😏. On Binance, you can send cryptocurrencies to any exchange (not just another Binance account).
However, you need the receiver’s crypto address. Take for instance, if you’re looking for a way to send Bitcoin, you need the receiver’s Bitcoin address. And once you have the receiver’s Bitcoin address, you’ll be able to send Bitcoin to them.
Therefore in this post article, you’ll 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 “73583477” 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 receiver’s address.
The transaction will typically take 30 to 60 minutes to complete. However, if there’s network congestion, it can take longer than 60 minutes to complete.
You can check the withdrawal status by navigating to the “Transaction History” page on Binance.
Now checkout this method below on how to send crypto from Binance to Coinbase:
- Click on “Send / Receive” 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 “Send / Receive” 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, we’ll use the desktop version of Coinbase instead. Once you’re on Coinbase, you’ll see a couple of buttons on the header. This involves the following “Buy / Sell” and “Send / Receive”.
Since what you are looking for is to receive crypto, therefore, click on “Send / Receive”. However, if the receiver is not you, you need to ask them to click on “Send / Receive”.
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2. Copy the crypto address that you want to receive
After you or the receiver have clicked on “Send / Receive”, a pop-up will open. By default, you’ll be on the “Send” tab. Firstly, click on “Receive” to open the “Receive” tab. Now, you’ll see a QR code, the asset, and the asset’s address. Secondly, you need to select the cryptocurrency that you want to receive. You can do so by clicking on the “Asset” option and selecting the crypto that you want to receive.
Take this example, if you want to receive Bitcoin, click on “Asset”, and click on “Bitcoin”. After you must selected the crypto that you want to receive, you’ll see its address under it. For instance, if you’ve selected “Bitcoin”, you’ll 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 you’re 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, you’ll 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, we’ll use the desktop version of Binance. Once you’re on Binance, click on “Wallet” on the header.
This will open a list of alternatives including “Overview”, “Fiat and Spot”, and “Margin”. Click on “Fiat and Spot” to go to your fiat and spot wallet. On your fiat and spot wallet, you’ll 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 “Withdraw” next to Bitcoin.
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4. Send your crypto to from Binance to Coinbase
After you’ve clicked on “Withdraw” on the crypto that you want to send to Coinbase, you’ll land on the withdrawal page
On the withdrawal page, you’ll see a couple of dropdown boxes and fields. This involves “Coin”, “Address”, “Network”, and “Amount”.
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 “Coin” dropdown box. For instance, if you want to send Bitcoin, click on the “Coin” dropdown box and select “Bitcoin”.
Secondly, you need to paste the receiver’s address that you’ve copied from the second step. For instance, if you’re sending Bitcoin, you need to paste the receiver’s Bitcoin address from Coinbase.
Thirdly, you need to select the correct network.For instance, if you’re sending Bitcoin, the right network is “Bitcoin”.
On the other hand, if you’re sending Ethereum, the right network is “ERC20”.
Fourthly, enter the amount of crypto that you want to send in the “Amount” field.
Lastly, click on “Withdraw” to send the crypto from Binance to Coinbase!
Keep in mind that you’ll 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 you’re making a large deposit. For instance, if you’re 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 you’re 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.