Are you ready to dive into the world of cryptocurrency? Sending Bitcoin (BTC) from Binance to another wallet is a fundamental step toward financial freedom and harnessing the power of decentralized currency.
This guide will walk you through the process seamlessly, ensuring a secure and efficient transfer.
Step-by-Step Guide to Withdraw Bitcoin from Binance
Follow these steps to withdraw Bitcoin from Binance to an external wallet like Trust Wallet, Ledger, or MetaMask:
Step 1: Log into Your Binance Account
- Access your Binance account via the website or mobile app.
- Complete verification if you’re a new user to enable withdrawals.
👉 Secure your Binance account with 2FA
Step 2: Navigate to the Withdrawal Section
- Go to Wallet > Fiat and Spot or Overview.
- Click Withdraw and select Crypto.
Step 3: Select Bitcoin (BTC) as the Withdrawal Currency
- Choose Bitcoin (BTC) from the list of available cryptocurrencies.
- Ensure your recipient’s wallet supports BTC deposits.
Step 4: Enter the Recipient’s Wallet Address
- Paste the external wallet address (double-check for accuracy).
- Select the correct network (e.g., Bitcoin BTC network).
⚠️ Critical Note:
- Mismatched networks (e.g., sending BTC via ERC-20) will result in permanent loss of funds.
- Binance supports multiple networks (BTC, BEP-2, BEP-20)—verify compatibility.
Step 5: Enter the BTC Amount and Confirm
- Specify the amount and review the network fee (typically $2–$3).
- Confirm the transaction via email/2FA and submit.
Step 6: Wait for Transaction Confirmation
- Bitcoin transfers usually take 10–30 minutes (varies by network congestion).
- Track the status under Recent Withdrawals.
Step 7: Verify Receipt in the External Wallet
- Check the recipient’s wallet for the deposited BTC.
Sending Bitcoin to Another Binance User (Internal Transfer)
For fee-free transfers between Binance accounts:
- Select Internal Transfer during withdrawal.
- Enter the recipient’s Binance-registered email/UID.
- Confirm—no network fees apply.
Binance Bitcoin Withdrawal Fees
| Network | Fee (Approx.) | Speed |
|---------|--------------|-------|
| BTC | $2–$3 | 10–30 min |
| BEP-2 | Lower fees | Faster |
- Fees are dynamic based on network congestion.
👉 Compare crypto wallet security features
5-Step Security Checklist Before Withdrawing BTC
- Verify the wallet address (use copy-paste to avoid errors).
- Enable 2FA on Binance for added security.
- Check network compatibility (BTC to BTC only).
- Start with a small test transaction (confirm before sending large amounts).
- Update antivirus software to prevent malware attacks.
FAQs
Can I send Bitcoin from Binance to Trust Wallet?
Yes. Use the BTC network and paste Trust Wallet’s Bitcoin address.
How much does Binance charge to send BTC?
Binance charges network fees only (no platform fees). Expect ~$2–$3 per BTC withdrawal.
How to avoid Binance withdrawal fees?
- Use internal transfers (Binance-to-Binance).
- Opt for BEP-2/BEP-20 networks for lower fees (if supported).
Can I send Bitcoin to a friend’s wallet?
Yes. Enter their wallet address or use Binance Pay for email transfers.
Conclusion
Withdrawing Bitcoin from Binance is straightforward if you follow network guidelines and security best practices. Always double-check addresses and fees to ensure smooth transactions.
Pro Tip: Bookmark this guide for future reference!