common-close-0
BYDFi
Trade wherever you are!

What is the process of sending money from a bank to Binance?

avatarAKSHAY M KDec 31, 2021 · 3 years ago1 answers

Can you explain the step-by-step process of transferring money from a bank account to Binance?

What is the process of sending money from a bank to Binance?

1 answers

  • avatarDec 31, 2021 · 3 years ago
    Sending money from a bank to Binance is a straightforward process. Here's what you need to do: 1. Log in to your Binance account and navigate to the 'Funds' section. 2. Choose the cryptocurrency you want to deposit and click on 'Deposit'. 3. Binance will provide you with a deposit address. Copy it. 4. Access your bank's online banking platform or visit a branch. 5. Initiate a transfer to the provided Binance deposit address. 6. Wait for the transfer to be confirmed by your bank. 7. Once the transfer is confirmed, the funds will be credited to your Binance account. Make sure to verify the deposit address to avoid any errors. The transfer time may vary depending on your bank and the cryptocurrency you're depositing.