How To Transfer Crypto From Binance To Wallet

We now support using Binance Pay to transfer cryptocurrencies between Binance users on the Binance App. Y’all tin can transfer crypto to other Binance users efficiently without transaction fees via a phone number, email accost, or Pay ID from the withdrawal page.


How to transfer crypto to some other Binance user via Binance Pay?

When yous desire to transfer crypto to another Binance user, you lot can make an internal transfer using their Binance address. If the other party has already completed Identity Verification, you tin send crypto to their business relationship via their telephone number, e-mail accost, or Pay ID.

Yous tin can follow the step-past-footstep tutorial beneath:

1. Log in to your Binance App and tap
[Wallets]

[Withdraw]. Select the crypto yous want to transfer and tap
[Send via Email/Phone/Pay ID].


Delight note that you demand to enable the Binance Pay service before you tin make a transfer via a telephone number/email/Pay ID. If you haven’t enabled the service, you will be redirected to Binance Pay to enable it.


2. Select how y’all want to transfer (via phone number/email/Pay ID) and enter the information appropriately. And so, enter the amount to transfer.



Notes:

  • Currently, nosotros support internal transfer via a phone number, e-mail address, or Pay ID;
  • Available balance shows the total assets you can use from your Spot and Funding Wallets. Yous can cull to utilize either 1 of the wallets for the transfer. If the wallet rest is insufficient, you can choose to use the assets in both wallets.
  • [Note] is optional. Whatever message you enter hither will be sent to the other party.

3. Click
[Send]. You lot need to confirm the transfer. Please check advisedly before clicking
[Side by side].


Your transfer volition exist completed immediately and information technology cannot be recovered if y’all entered the incorrect details.

Then, verify the transfer with 2FA devices.


four. Your transfer is consummate. You can click
[View History]
to run across the transfer record.



Ofttimes Asked Questions


one. What are the differences between using a telephone number/email/Pay ID and a wallet address for internal transfer?

The new internal transfer function via a phone number/email/Pay ID is


free of charge and funds will arrive immediately

. However, it requires both parties to enable the Binance Pay service and you must enter the correct details.

Using a wallet address for internal transfer requires block confirmation and the transaction unremarkably takes longer to process. Yous’ll need to pay transaction fees also depending on the network you’re using.

If the recipient wallet address belongs to a Binance account, the network fee volition not exist deducted. For more details,
please refer to How to Brand Internal Transfer on Binance.


2. What is Pay ID?

Pay ID is the unique identification number for your Binance Pay. Pay ID is different from your Binance user ID (UID). For more information on Binance Pay, please refer to

What is Binance Pay
.


iii. Who tin use the phone/electronic mail/Pay ID to send crypto?

Binance users who have enabled the Binance Pay service can transport crypto to other Binance users via phone number/email/Pay ID. For more than information on Binance Pay, please refer to

What is Binance Pay
.


iv. Who tin can use the phone/email/Pay ID to receive crypto?

To receive crypto via a phone number or email, you must exist a verified Binance user. To receive crypto via Pay ID, you must be a verified Binance user and take enabled the Binance Pay service.


5. If I made a transfer via a telephone number or e-mail, just the recipient hasn’t enabled Binance Pay, can they withal receive my crypto?

Yes. Transfers via phone numbers or email addresses do not require the recipient to enable the Binance Pay service. Nevertheless, please ensure that the phone number/email y’all entered is correct and that the recipient has already completed Identity Verification.


6. Where can the recipient notice the crypto I sent?

The crypto will exist credited to the recipient’south Funding Wallet.


7. Can I recover the funds if I entered the wrong phone number/email/Pay ID?

No. Transfers via phone number/electronic mail/Pay ID are


immediately credited and free of charge. They cannot be recovered if you enter the wrong details.


Therefore, please bank check that the phone number/email/Pay ID is correct before confirming the transfer.


eight. Which Binance App version supports Binance Pay?

Your Binance App needs to be 2.41.0 or higher up to use the Binance Pay transfers via phone number/email/Pay ID role. To check your App’southward version, go to
[Profile]

[Settings]
[About United states].

Source: https://www.binance.com/en/support/faq/how-to-use-binance-pay-for-internal-cryptocurrency-transfer-on-binance-app-e36df8b437cb43e3909e7a38f8867957

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