Deposit & Withdraw Safely
Now that your account is verified, you can fund it and move your assets. Always double-check the network before you send — using the wrong one can cause permanent loss of funds.
Fund Your Account
Select Your Coin & Network
Choose the asset, then select the network that matches the platform you're sending from (e.g., BEP20, ERC20, TRC20). The networks on both ends must match.
Copy Your Deposit Address
Copy the exact address or scan the QR code. Some assets also require a MEMO/Tag — leaving it out can mean losing your funds.
Send From Your Wallet or Exchange
Initiate the transfer from the external platform using the same network, and confirm the address carefully.
Wait for Confirmations
Your funds arrive once the blockchain confirms the transaction; timing depends on the network.
Move Funds Out Safely
Enable Address Whitelisting
For maximum security, turn on the withdrawal whitelist so funds can only go to addresses you've pre-approved. Even if someone gains access to your account, they can't send funds to an unknown address. Note: changing your whitelist may temporarily pause withdrawals for 24–72 hours.
Enter the Details
Select your coin, the network matching the destination, and the amount. You'll see the network fee and the exact amount you'll receive. Add a MEMO/Tag if the destination requires one.
Confirm Securely
Approve the withdrawal with 2FA plus your email/SMS verification codes.
Track It
Follow the status until it's confirmed on-chain.
Every withdrawal needs your 2FA (OTP) code. Lost or replaced your phone? See how to recover your Binance OTP before you start.
What Is the Travel Rule?
The Travel Rule is a global anti-money-laundering standard (based on FATF Recommendation 16) that requires regulated exchanges to share basic sender and recipient information for transfers above a set threshold. This information is shared off-chain through secure, encrypted channels between exchanges — it is never written onto the blockchain.
What it means for you
Own Both Ends
Transfers generally must be between wallets you own. A deposit from an address you haven't declared may be held until you confirm ownership, and third-party transfers are typically not allowed.
Thresholds Vary by Country
For example, the U.S. applies a $3,000 threshold, while the EU requires information on every transfer regardless of amount.
Provide Accurate Details
If required information is missing, a transfer can be delayed, returned, or rejected. Make sure names and platform details match your verified identity.
Binance handles this through the Global Travel Rule (GTR) Alliance, a shared compliance network used by major exchanges.
Next