How To Find Your Binance Wallet Address? How To Deposit Crypto On Binance?

March 21, 2022

Finding a Binance wallet address can be tedious sometimes, especially if you are a newbie in the crypto world or you’re new to Binance as a whole.

However, it’s essential to find your wallet address because you need it to send or receive cryptocurrency. Each cryptocurrency has its unique address; once you send a token to the incorrect address, you may never get your funds back.

This article will give detailed explanations on how to find a Binance wallet address, and by the time you’ve gone through this, you will see that it’s a piece of cake. Come with me as I take you through the steps gradually.

Visit Binance Now

What you'll learn 👉

HOW TO FIND MY BINANCE DEPOSIT ADDRESS

STEP 1: GO TO YOUR BINANCE ACCOUNT

Login to your account on the Binance website through your internet browser, or you can use the mobile app on your phone or laptop.

Enter your account with the email address and password you used to register the account. Once you log in, find the wallet option on the homepage and click on it.

STEP 2: CLICK ON FIAT AND SPOT

On the wallet screen, you will see an overview with seven options to click on, find the fiat and spot option, then click on it. However, if you are using the mobile app, instead of seeing fiat and spot, you would only see the spot option. Click on it – it leads to the same place.

After clicking on it, you will see your cryptocurrency balance and three options; deposit, withdraw and transfer. You’ll also see a list of all cryptocurrencies available to you and their current balance.

STEP 3: CLICK ON DEPOSIT

Select deposit out of the three options stated above; once you click on the deposit option, a screen with two options, “Crypto ” and “Fiat”, will pop up. On the crypto option, you will see some trending crypto tokens like BTC, ETH, BNB, USDT, and EOS. Then you will see a long list of all cryptocurrencies available on Binance, and the ones that are suspended, which you can not trade on in the meantime.

Under the fiat section, you will see all the fiat currencies that are accepted on Binance presently, and some of them are AUD(Australian dollar), COP(Colombian pesos), GBP(pound sterling), e.t.c.

STEP 4: SELECT THE COIN AND THE NETWORK YOU WANT TO USE

The next thing to do now is to choose the token you want to deposit and also the network it’s on. But first, select a coin from the long list of coins available. After clicking on it, your screen will display some networks; choose the one related to your token.

However, some coins like 1inch have multiple networks; that is, they run on more than one network, so it’s up to you to know which network you want to use. As for 1inch, it operates on Ethereum (ERC20) and BNB Smart Chain(BEP 20).

STEP 5: OPEN THE TAB AND COPY THE ADDRESS

After selecting the coin network, the deposit address will show up on the screen with the minimum deposit amount also. The address consists of alphanumeric numbers. There is the copy option beside it; click on it and paste it on anyplace saved and easily accessible like your device notepad.

The QR code option is also available. Send the code to your friend or clients who want to send you cryptocurrency.

Read also:

FAQS

WHY ARE THERE MULTIPLE NETWORKS FOR SOME COINS?❓

Some coins don’t have a native blockchain or network, so they operate on other blockchains to function as cryptocurrencies. Many of these coins initially operated on Ethereum as only Ethereum allowed such transactions at the time.

But as time went by, more blockchains were created, and more blockchains gave room for coin developers to make coins and run them on their blockchain.

With these new developments, coin developers started to explore blockchains, and since the coins have no native blockchains, they could run on all networks that they are registered on to function as cryptocurrencies.

HOW TO KNOW WHICH NETWORK TO SELECT WHEN SENDING BTC (OR OTHER COINS)❓

All coins operate on different networks; though some run on multiple networks, it’s essential to know which network is compatible for your transaction to succeed.

To know if the network is compatible, you need to confirm if the coin network of the wallet you are using to send the BTC is the same as the wallet’s coin network you want to receive it in.

Some platforms may accept a particular network to send or receive a coin, while others may not, so you need to be sure that it’s accepted on both ends as your token could be lost forever if there is a mistake.

DOES BINANCE HAVE A WALLET❓

Binance has a mobile wallet known as Binance Chain Wallet, and it’s used to access Binance Smart Chain, Ethereum, and Binance Chain. This wallet sends, receives, and stores cryptocurrency tokens over a wide range of blockchain networks. This wallet is available for download on the Google play store app or the App store; it’s also compatible with iOS and Android devices

IS BINANCE A BITCOIN WALLET❓

The official wallet of Binance, Binance Chain Wallet, allows users to store, send and receive Bitcoin on their accounts securely.

HOW TO FIND WALLET ADDRESS ON BINANCE US❓

Finding your wallet address on Binance US is not complicated, and it’s somehow similar to that of Binance.com, with only a few differences to find your wallet address. Follow these few steps:
👉Login to your Binance US account using your registered phone number or email address and password.
👉The next screen will display the Binance US homepage.
👉Next, find the profile option and tap on it
👉Next, tap deposit and select coin
👉A screen of your wallet address for that specific coin will pop up
👉Now select the copy option under the address and paste the address in the platform where you want to send the coin or to the person who wants to send you the coin.