Ultimate guide on how to transfer
Algorand (ALGO) from Binance to BitForex

Step by step overview on how to withdraw Algorand (ALGO) from Binance

Withdrawing Algorand (ALGO) from your Binance account is very straight-forward. After making sure that your Binance account is safe to use and is fully verified, you can proceed with performing deposit and withdrawal transactions.

Here, you will find steps that you can follow in withdrawing Algorand (ALGO) from your Binance account.

  1. Withdraw Algorand (ALGO) from Binance
  2. Withdraw Fiat money from Binance

Click this to access the platform.

Once the site is up, log-in with your registered account.

1. Withdraw Algorand (ALGO) from your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

 

Select your Algorand (ALGO). You can directly type it in the box so you don’t have to go through the entire list. We are using BTC in this example.

 

Input the address and amount. Make sure you are putting the correct address as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.

Click on “Submit.”

The system will now send a confirmation message to your Binance registered email address.  Open the “Withdraw Request Confirmation” email and make sure it is your expected transaction, and then click “Confirm Withdraw” when you would like to continue with withdrawing.

To check pending and all transactions, go to “Deposit Withdraw History.”

 

There you go! You have successfully processed Algorand (ALGO) withdrawal from your Binance account. 

2. Withdraw Fiat money from your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

Click on the Withdraw button.

Select the fiat currency that you’d like to withdraw. Once all the details are entered and confirmed, click Submit to proceed. Make sure that all the details are correct to avoid errors.

Congratulations! You have successfully processed $fiat withdrawal from your Binance account. 

Step by step guide on depositing Algorand (ALGO) on your BitForex account

BitForex is one of the world’s leading exchange platforms that offers crypto-to-crypto transactions.

Below are the steps to guide you in depositing funds to your account:

Go to https://www.bitforex.com/ and log into your account.

Go to “My Assets” and click “Deposit.”

Select the currency you want to transfer funds to from the “Please choose a Token” drop-down box.

Next, copy the deposit address and paste it into your wallet. Always make sure to copy the correct address for completed transactions cannot be undone.

Check your deposit history at the bottom of the page.

Good job! You have just funded Algorand (ALGO) on your BitForex account. 

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