Ultimate guide on how to transfer
Bitcoin from Binance to Coinfloor

Step by step overview on how to withdraw Bitcoin from Binance

Withdrawing Bitcoin 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 Bitcoin from your Binance account.

  1. Withdraw Bitcoin 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 Bitcoin from your Binance account

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

 

Select your Bitcoin. 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 Bitcoin 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 overview on how to deposit Bitcoin on Coinfloor

As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Bitcoin, both process is easy to initiate and complete.

If you wonder how to do this, you can quickly go through the steps below.

  1. Deposit Bitcoin on Coinfloor
  2. Deposit Fiat money on Coinfloor

To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.

Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.

1. Deposit Bitcoin on your Coinfloor account

Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Bitcoin as your deposit.

Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Bitcoin deposits 24/7.

Note: For more info about Bitcoin deposits you can check Coinfloor’s support page here.

Perfect! You have done an excellent job for putting some Bitcoin in your Coinfloor account.

2. Deposit Fiat money on your Coinfloor account

Just like Bitcoin deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.

When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.

The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.

Note: For more info regarding Fiat deposits (including fees), feel free to check this link.

To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.

Congratulations! You have finally funded your Coinfloor account with Fiat money.

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