If you are new to the world of cryptocurrency, you must have gotten confused a lot of times when things didn’t go your way or as expected.
Even those who have been trading in cryptocurrency may experience a few issues at times.
With transferring BNB (Binance coin), there are some things that must be kept in mind.
It is best to use Binance to make the transfer or transactions as other options may have a higher fee and could be expensive.
On this platform, the process is extremely swift and easy, and allows you to keep a track of all the transactions efficiently.
In this guide, you can find out how to transfer BNB from Binance to your Trust Wallet.
In order to begin, it is important to first create an account and get registered.
How To Transfer BNB To Trust Wallet Successfully
As mentioned earlier, the options available to those going for crypto transactions are numerous. However, a lot of times the transactions require them to pay some fee.
This fee can be as much as 5% or even more than that for other platforms. Paying this high amount of fee can automatically reduce the profit margins.
Buying the BNB using Binance platform is a better option because of its low fee. It would deduct 0.1% for the transaction, which would help you retain most of your profit.
The process is pretty straight-forward. However, there are a few steps involved in it, which you need to follow with complete accuracy and high concentration.
1. Copy the BNB address
You need to start off simply by copying your BNB address. Once you have copied it, paste it on the Trust wallet.
Rather than rewriting, copy paste it as it would reduce the chances of error to zero.
2. Sending BNB
For the second step, you need to go to the ‘SEND BNB’ option on the current page on Binance. You will see a few empty fields.
Simply fill them up with the required pieces of information. Recheck the type information to reduce the chances of error.
Once you are sure of the transaction, hit the option of ‘Withdrawal’.
3. Fill the MEMO
Once you have hit the Withdraw option, you will see a MEMO appearing on the screen. This is what you will have to fill in now. The reminder to add information will pop up on your screen.
If you have filled this before, you only need to tap the ‘confirm’ option and it will be automatically generated.
This can save a lot of time and hassle for you.
4. The final confirmation
Binance has come up with an infrastructure that keeps you safe and your transactions protected.
It does this by taking you to a confirmation page.
This page asks you once again whether you are sure of making this transaction or not. Once you hit the ‘confirm’ button, you are able to move ahead promptly.
This is the final step of the whole process. Here you have to verify the transaction through a 2-step action.
All you need to do is to go ahead and submit the request.
Once done, the withdrawal will take you a minimum of thirty minutes and to the maximum, sixty minutes.
How To Use Binance To Transfer BNB
Sending BNB from Binance to the Trust Wallet gets easier when you realize that there are two ways you can do so.
You can use the website of Binance or download the application.
This way, you can avoid accessing the platform through a browser every time you need to make a transaction and transfer the BNB to the trust wallet.
Rather, the application will already save all your information, and you finger taping will reload all of it.
Hence, you will be able to save a lot of time in the process.
Alongside this, the saved information in the application will reduce the chances of error to the maximum.
Following the above-explained steps will make your crypto finance transfers secure.
While making the shifts, you won’t have to worry about heavy deductions.
The minimal amount of money that it will deduct will not affect your profit margins.