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Where does the funds go after selling BTC on Binance?

avataralicjaMar 18, 2022 · 3 years ago3 answers

After selling BTC on Binance, where does the funds go? Can you explain the process of fund transfer?

Where does the funds go after selling BTC on Binance?
Cryptocurrency
Binance
Fund Transfer

3 answers

  • avatarMar 18, 2022 · 3 years ago
    When you sell BTC on Binance, the funds are transferred to your Binance account. From there, you have the option to withdraw the funds to an external wallet or use them for trading other cryptocurrencies on the platform. The process of fund transfer is straightforward and can be done within a few clicks.
  • avatarMar 18, 2022 · 3 years ago
    After selling BTC on Binance, the funds go to your Binance spot wallet. You can then choose to keep the funds there for future trading or withdraw them to your personal wallet. Binance provides a secure and convenient platform for fund management.
  • avatarMar 18, 2022 · 3 years ago
    After selling BTC on Binance, the funds will be credited to your Binance account. Binance is a reputable cryptocurrency exchange that ensures the safety of your funds. You can easily transfer the funds to your personal wallet or use them for other trading activities on the platform.

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