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Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved or otherwise endorsed by these entities.įinanceBuzz has partnered with CardRatings for our coverage of credit card products. By doing so, you may be able to avoid having to move your cryptocurrency again in the near future. However, those fees may be worth the cost if you’re looking to gain specific features when investing money with Binance that Coinbase does not offer or if the low fees on Binance will save you in the long run.īefore transferring cryptocurrency, make sure you consider our list of best cryptocurrency exchanges. You will have to pay Coinbase fees as this transfer does utilize the blockchain. If you’ve invested in a variety of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), you’ll want to set aside the time to work through each transfer. Then, follow the step-by-step guide above to transfer each supported cryptocurrency from Coinbase to Binance. Start by making sure you have accounts on both platforms.
#TRANSFER MONEY TO COINBASE PRO HOW TO#
Learning how to transfer from Coinbase to Binance isn’t a complex process, but it could take some time. Coinbase does not disclose an estimate of these fees until you’re ready to submit a transaction. Confirm the withdrawal on Coinbase using the transaction history menu option.Ĭoinbase does charge a fee based on the estimated network transaction fees incurred to transfer cryptocurrency from Coinbase to Binance.Choose the option to send on the blockchain.Enter the cryptocurrency address provided by Binance.Enter the cryptocurrency you wish to transfer and the amount to transfer from your Coinbase wallet.Copy the wallet address Binance provides for deposits.Specify the network Coinbase uses for the cryptocurrency you’re transferring.Choose the cryptocurrency you wish to deposit.Here’s how to transfer cryptocurrency from Coinbase to Binance: Once you have your account set up, or if you already have Coinbase and Binance accounts, the transfer process is simple. Click continue to complete facial recognition.Upload a selfie picture and click continue.Upload pictures of your ID documents and click continue.Enter your personal information and click continue.Select your country of residence and click continue.
#TRANSFER MONEY TO COINBASE PRO VERIFICATION#
Choose your verification method and click start now.Click identification under the user center menu.To remove Binance’s deposit and withdrawal limits, complete the following steps. This could be useful if you’re transferring your entire cryptocurrency balance to your Binance wallet. This allows you to transfer more cryptocurrency over shorter timer periods. If you wish to remove the default deposit and withdrawal limits with Binance, you can verify your identification. Enter your email address and create a password.Go to and click "register" (or and click "get started").Opening a Binance account can be completed as follows. Since you’re transferring from a Coinbase account, you likely have that crypto wallet already set and just need to open a Binance account.
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If you don’t have existing accounts with Coinbase and Binance, you first need to open accounts with both services. No matter why you want to start trading cryptocurrencies using Binance, plenty of valid reasons exist. Or maybe you first learned how to buy cryptocurrency on Coinbase or Coinbase Pro, and now it’s time to transfer your assets to the Binance platform to keep all your cryptocurrency in the same brokerage. While Coinbase supports a lot of different crypto, Binance may offer trading pairs for currencies that Coinbase may not, or you just realize you prefer the Binance mobile app over the Coinbase app.
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It’s also possible to outgrow the trading options and tools offered on Coinbase and want to use Binance’s more extensive suite of tools. You may be upset that Coinbase no longer clearly displays its trading fee structure. While both are considered to be among the best crypto exchanges, there are reasons to prefer one over the other.
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