
How to Transfer Assets Between Binance And Coinbase Wallets
Are you looking for a step-by-step guide on how to transfer assets between Binance and Coinbase wallets? You’re in the right place! In this comprehensive article, we’ll walk you through the process of transferring tokens from one exchange to another.
**Transferring Tokens with Mobile Apps**
To start, ensure that you have installed the mobile apps for both Binance and Coinbase on your device. If you haven’t, download them from their respective websites.
1. On your Binance app, tap on the “Transfer” button located at the bottom of the screen.
2. You will be taken to the Choose asset page. Choose the asset you want to send either by directly selecting it or through the Search bar.
3. Once selected, enter the amount you wish to transfer in the Enter amount page. Then, choose the network by which you want to send the token and click on Continue.
**Transferring Tokens with Web Platforms**
Alternatively, if you prefer using a web platform, follow these steps:
1. Launch your browser and go to Coinbase.com.
2. Log in to your account and click on Send & Receive.
3. In the Send window, select the asset you want to send by clicking on the Send section.
4. Under the Select Coin section, choose the asset you want to transfer, enter the amount, and then select the network through which you want to transfer it.
5. Next, switch to the Binance website (binance.com) and log in to your account.
6. Click on Deposit on the top right side of the home screen.
7. In the I have crypto assets section, click on Deposit Crypto.
8. Under the Select Coin section, choose the asset you want to receive, select the network through which it should be transferred, and copy the deposit address.
**Paste the Address and Complete the Transfer**
9. On the Coinbase website, click on the To section in the Send window. A new window will appear where you can paste the Binance deposit address.
10. Verify that all information is correct, including the asset, amount, and network.
11. Once verified, select Send now to initiate the transfer process.
**Important Considerations**
Transferring tokens between exchanges may involve paying a network fee, which varies based on the coin and network congestion. Choosing the right network can help minimize costs and reduce transfer times. Always double-check details like addresses and networks before proceeding with the transfer.
The article has come to an end!
Source: cryptotale.org