Binance and Coinbase are two prime cryptocurrency platforms to buy and sell virtual coins. They are similar to a bank account where you make a purchase. But many exchanges have restrictions when it comes to cryptocurrencies and payment methods. That’s why it is always wise to buy the cryptocurrency on one exchange and then transfer the funds to the other. Before you log in to Binance, you should buy the cryptocurrency of your choice on Coinbase as that’s the fastest way to buy a variety of cryptocurrencies. Thereafter, move the crypto funds to Binance and then start trading. If you are a newbie in this crypto world, don’t worry, we have got you covered, we will tell you everything. Also, you can get in touch with Binance US Customer Support Number if you are stuck anywhere and need instant assistance
Why Transfer Funds From Coinbase To Binance
If you are looking for a faster way to buy cryptocurrency then Coinbase is the place to go for. However, it charges higher fees and has a lack of trading pairs which makes it less versatile compared to Binance. The latter is known as the world’s largest cryptocurrency exchange that transacts nearly $1 billion every day. It provides a wide range of trading pairs and charges lower fee than Coinbase. Also, it offers unique buying and selling features that you will witness when you do a binance.com login.
Are you wondering why to take the hassle of transferring funds from one account to another? Well, the answer is simple, Coinbase is faster and easier than Binance especially if you are a newbie but for more advanced crypto trading, Binance is the one to go with.
Steps To Follow To Transfer From Coinbase To Binance
At first, you have to visit www.binance.com and do a Binance login. Similarly, you have to follow the same procedure for opening a Coinbase account. After opening the accounts, verifying them is a time-consuming part but never mind in the end it will be all worth it. We will take you through all the steps in detail below, read on!
Step 1- Join Binance
Visit www.binance.com and then conduct the registration process. Add all the important details including a valid email ID and then create a stronger password to ensure better safety. Thereafter, Binance will send a verification code that will appear as a link in the registered email ID, click on it and thereafter your Binance account will be activated. Do a Binance.com login with your email and password and accept the terms and conditions by clicking on submit. You can choose a 2-factor authentication for better security when you login Binance. This is a unique feature that provides better safety to your crypto funds. After the completion of the 2-factor authentication, your account is ready to use. Although there is a withdrawal limit of 2 BTC per day initially, this can be altered if you submit your KYC documents. For further assistance on login binance or other areas, get in touch with Binance Customer Support Phone Number and the customer executives will be happy to help you at the earliest.
Step 2- Join Coinbase
Open the homepage of Coinbase and click on the Sign-up button that is located at the top right corner. Fill all your personal details including a valid email id and then click on ‘create account’. You will receive a verification link on the provided email, click on that and then continue the sign-up process. Thereafter, go to your Coinbase account and then create an individual account, add a phone number and select a payment method. Bank accounts are the preferred mode of payments for Coinbase which is why you should add the KYC details and upload them on Coinbase. Enter the account details of your bank, thereafter, you will receive two test transactions against a few cents. Go back to the Coinbase account and then add the amount to confirm you are the owner of the account.
Step 3- Add Funds to Coinbase
Now, both the accounts are set up. The next step is to add funds to Coinbase through account transfer. Login your Coinbase account and click on the buy/sell tab that is present at the top. Choose the cryptocurrency then select a payment method. The bank account will show as a default payment method so select an amount you want to transfer in fiat current to the Coinbase account. This will be broken down to cryptocurrency for your knowledge, once everything is on track, click on the buy button. This might take a few days to appear in your wallet so don’t lose your cool.
Step 4- Transfer Funds from Coinbase to Binance
You have the accounts ready and the cash is also intact in the accounts, now, you need to transfer them from Coinbase to Binance. Login Binance by visiting www.binance .com and copy the receiving address. After Binance login, select deposit from the funds’ menu. Choose coin/token to deposit from the left dropdown menu, type the name of the coin you want to receive and then enter. Binance will send a wallet address, copy it to the clipboard, and then send it to the valid address. The next step is to open your Coinbase account and click on Accounts. Scroll down to the virtual coin you want to send to Binance then click the send button. Coinbase will open a small window with the transfer credentials, add the recipient address and choose the amount you would like to transfer. Then click on transfer to Binance and double click on continue to start the process.
You can check the transaction status in the transaction history for your reference. Also don’t lose hope as it might take a little longer.
Contact Binance Customer Service Phone Number
For more clarity, you can always call the Binance Customer Support Phone Number and seek assistance at the soonest. However, login Binance is not complicated; all you need to do is follow all the steps thoroughly to prevent crypto losses and fraudulent acts. And if you are in the USA, the Binance US customer support number can be of great assistance.
If you face any problem while performing the above steps then contact the team of certified technicians at McAfee Helpline Number +1 833-530-2439 who can help you in fixing and resolving the issues related to Binance Money easily.