Ultimate guide on how to transfer
Bitcoin from Binance to Poloniex

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 Poloniex

Depositing Bitcoin on your verified Poloniex account is possible through cryptocurrencies only. Additionally, you are required to confirm and fully verify your account in order to process deposits.

Here are the steps that you can follow to make your first Bitcoin deposit on Poloniex.

To get started, access the log-in page of the exchange and select on “Sign in.”

Click on “Balances” and select on “Deposits/Withdrawals.” Keep in mind that you can only deposit cryptocurrencies with Poloniex. In this example, let’s use BTC. To start depositing, select your Bitcoin from the list of cryptocurrencies and click on “Deposit.”

Copy the Deposit Address and use it in sending Bitcoin. Make sure that you are not sending any other currency to your deposit address to avoid losing funds. Meaning, if you’ve selected Bitcoin, you must deposit Bitcoin only.

Excellent! You have successfully funded Bitcoin your Poloniex account. 

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.