Are there any restrictions or limitations when transferring Cardano from Binance to Daedalus wallet?

3 answers

• Dec 18, 2021 · 3 years ago
  When transferring Cardano from Binance to Daedalus wallet, there are a few things to keep in mind. First, make sure you have a Daedalus wallet set up and ready to receive the Cardano. You can download the wallet from the official Cardano website. Second, there might be a minimum withdrawal amount set by Binance, so make sure you have enough Cardano in your account to meet that requirement. Lastly, there might be withdrawal fees charged by Binance for transferring Cardano to an external wallet. These fees can vary depending on the amount being transferred. It's always a good idea to check Binance's fee schedule before initiating the transfer.
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• Dec 18, 2021 · 3 years ago
  Transferring Cardano from Binance to Daedalus wallet is generally straightforward, but there are a few things you should know. First, ensure that you have the correct Cardano address for your Daedalus wallet. Double-check the address to avoid any errors or loss of funds. Second, Binance may have certain withdrawal limits in place, so make sure your transfer amount falls within those limits. Lastly, keep in mind that Binance may charge a withdrawal fee for transferring Cardano to an external wallet. The fee amount can vary, so it's worth checking Binance's fee schedule beforehand.
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• Dec 18, 2021 · 3 years ago
  When transferring Cardano from Binance to Daedalus wallet, it's important to note that the process is not directly supported by BYDFi. However, you can still transfer your Cardano from Binance to Daedalus by following a few steps. First, withdraw your Cardano from Binance to your Cardano address. Then, import your Cardano wallet into Daedalus using the recovery phrase or private key. This will allow you to access and manage your Cardano funds in the Daedalus wallet. Keep in mind that there might be withdrawal fees charged by Binance for transferring Cardano to an external wallet.
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