How to Transfer Crypto From Coinbase to Binance

Quick answer: To transfer crypto from Coinbase to Binance, you need to copy the deposit address from Binance, go to Coinbase, select the asset, enter the address, and confirm the transaction.

Before you start

• A Coinbase account with crypto to transfer
• A Binance account (verified if required for your region)
• Sufficient crypto balance to cover transfer fees
• The Binance deposit address for the asset you want to transfer
• A secure internet connection

How to Transfer Crypto From Coinbase to Binance: step by step

1. Log in to Binance

Open the Binance app or website and log in to your account. If you don’t have an account, you’ll need to create one and complete any necessary verification.

2. Navigate to deposit

Go to the ‘Wallet’ section and select ‘Fiat and Spot’. Find the cryptocurrency you want to receive and click on ‘Deposit’. Choose the correct network if prompted.

3. Copy the deposit address

Select the cryptocurrency and network you want to use for the deposit. Copy the deposit address provided. Double-check the address and network to avoid errors.

4. Go to Coinbase

Open the Coinbase app or website and log in to your account. Navigate to the ‘Accounts’ section and select the cryptocurrency you want to transfer.

5. Initiate the transfer

Click on ‘Send’ or ‘Withdraw’ for the chosen cryptocurrency. Enter the deposit address you copied from Binance in the recipient field. Ensure the address is correct.

6. Enter the amount

Specify the amount of cryptocurrency you want to transfer. Check if there are any minimum or maximum limits and ensure you have enough balance to cover fees.

7. Review and confirm

Review the transaction details, including the amount and destination address. Confirm the transaction. The transfer will be processed once confirmed on the blockchain.

8. Check your Binance account

After the transaction is confirmed, the funds should appear in your Binance wallet. This may take anywhere from a few minutes to an hour depending on network congestion.

Fees and how long it takes

Transfer fees depend on the cryptocurrency and network conditions. For example, Bitcoin transfers may cost a few dollars, while Ethereum fees can vary widely based on network congestion. Transfer times also vary; they can take from a few minutes to over an hour.

Factors affecting timing include network traffic, transaction priority, and the specific cryptocurrency being transferred.

Stay safe

• Double-check the deposit address and network before confirming the transfer
• Be aware that on-chain transfers are irreversible
• Keep your accounts secure with strong passwords and 2FA
• Test with a small amount first to ensure the process works
• Never share your seed phrase or private keys

If something goes wrong

Transfer not showing up — Wait for more confirmations on the blockchain. If it has been over an hour, check the transaction ID on a blockchain explorer.

Incorrect deposit address — Contact Binance support immediately. Provide the transaction ID and explain the situation.

Insufficient funds for fees — Ensure you have enough balance to cover both the transfer amount and the network fees. Add more funds if necessary.

Wrong network selected — Contact Binance support and provide the transaction details. They may be able to help recover the funds.

Doing this as part of trading, income, or a disposal? See how it may be taxed in Tax by country and the taxable-events section — information, not advice.