Deposit into Binance

Binance is one of the top cryptocurrency exchanges.  It has a lot of different cryptocurrencies to trade and some awesome contests.  Always be careful when transferring cryptocurrencies due to the potential for loss.  This guide will go over how to deposit into Binance so that you can start trading today!

If you do not have an account with Binance, please consider using my referral link.  And if you unsure about sending from your wallet, check out the wallet tutorial page for guides on NEO, Bitcoin, Ethereum, and other various wallets!

 

Steps to deposit into Binance

1. Go to the Binance website and login

2. Select the “Funds” tab and click “Deposits Withdrawals

Binance screen showing the funds tab and deposits withdrawals option to click

 

3. Find the token you want to deposit by using the search box and then click “Deposit”. In this example I want to deposit NEO.

Binance screen to search for a specific cryptocurrency to display deposit and withdraw options

 

4. Copy the address that Binance displays and use this as the receiving/recipient address. For example, when you go to send something from Coinbase, it will ask you for the recipient address.  The address you copied in this step is what you would use. 

NOTE: There is a malicious program that will overwrite what you copy onto the clipboard.  ALWAYS double check the address you copied with the one you entered for receiving. 

Binance screen displaying address needed to deposit into Binance

That’s it, now you just wait for your transaction to be posted and the cryptocurrency will be in your Binance account.  The time it takes will vary based on network congestion.  It’s good practice to also check the address each time before sending.  The NEO address I am shown above could be different tomorrow and I could lose funds if I just blindly re-used it.

 

Summary on how to deposit into Binance

Binance is a great exchange with a great reputation and a lot of liquidity.  Now that you have some cryptocurrency deposited into your Binance account check out the guide on how to buy cryptocurrency on Binance.

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