What is the need of using a wallet when the wallet is empty? What is the use of an online wallet when you don't know how to use the Online wallet and fund it with usable cash?
In this article, we will show you how to fund your Binance wallet but first there is a question some people might want to ask.
Binance is Cryptocurrency platform or a cryptocurrency place built to help the users of the platform in exchanging and in storing Cryptocurrencies like bitcoins. Binance is an exchange where users can trade cryptocurrencies.
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How to Fund an Account
You can fund your Binance account by sending cryptocurrency from a crypto wallet or from another exchange - like Coinbase - to your Binance account
For this Binance tutorial, I will use Coinbase as an example of one way that you can fund your Binance account. A similar process will apply to almost any other exchange you are sending the funds from. I will use Bitcoin (BTC) as an example of a cryptocurrency you can use to fund your Binance account.
Step 1. The first things it's for you to have a Coinbase account. And it is quite simple because you just have to download the required application and install it. Login to your Coinbase account and click on accounts. Next, Click on send where it says BTC Wallet.
You’ll be asked to enter a Recipient. This is where the Bitcoin will be sent. You’re sending it to Binance, so you need to get a Bitcoin address from your Binance account.
Step 2. Login to your Binance account. On the taskbar, click on Funds and then on Deposits.
Now, enter the cryptocurrency you need an address for. In this example, I’m using Bitcoin. Binance will create a Bitcoin address for you to send funds to.
The BTC Deposit Address is where you will be sending your Bitcoin funds so copy and paste it into the Recipient box in your Coinbase account.
All you need to do now is decide how much Bitcoin you want to send to your Binance account and click Send. The funds will appear in your Binance account as soon as they are processed by the BTC network.
Conclusion
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