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What are the steps to receive digital currency on Binance from an external wallet?

avatarAYAN AHMAD KHANDec 17, 2021 · 3 years ago1 answers

Can you please provide a step-by-step guide on how to receive digital currency on Binance from an external wallet? I would like to know the process and any important details I should be aware of.

What are the steps to receive digital currency on Binance from an external wallet?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide to help you receive digital currency on Binance from an external wallet: 1. Log in to your Binance account and navigate to the 'Wallet' section. 2. Choose the digital currency you want to receive and click on the 'Deposit' button. 3. You will be provided with a unique wallet address. Copy this address. 4. Open your external wallet and initiate a withdrawal. Paste the Binance wallet address as the destination address. 5. Verify that the address is correct before proceeding. 6. Confirm the withdrawal in your external wallet. 7. Wait for the transaction to be confirmed on the blockchain. 8. Once the transaction is confirmed, the digital currency will be credited to your Binance account. It's important to note that the transaction confirmation time can vary depending on network congestion and the specific digital currency. Always double-check the wallet address to avoid any potential errors. I hope this helps! If you have any more questions, feel free to ask.