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Author Topic: Help needed withdrawing from a trust wallet to Binance app.  (Read 121 times)
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December 04, 2022, 10:55:43 AM
 #1

I have been opportuned to be on the forum for a while and have learned how to earn, sell and withdraw via the Bitcoin exchange network. It was quite technically at first learning how to make withdrawal, but after applying the knowledge on more than one occasion, I can confidently make a P2p trade without assistance.

I got paid for a certain job via my trust wallet, and although I have been unable to make withdrawal, I now want to withdraw the amount in my trust wallet to my binance. It has been a hand full for me and wouldn't want to risk losing my fund due to error of ignorance.

 What steps and how do I withdraw the funds from my trust wallet to Binance app?

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December 04, 2022, 11:04:42 AM
 #2

On trust wallet, the coin you want to withdraw will apprear on the user interface, click on the coin, you will see send and press on it, then click on continue after you past the address and wrote the amount, continue is at the right upper corner.

Trsutwallet is simple to use but just that it is not open source, use Electrum or Bluewallet next time if the deposit will be in bitcoin, they are open source bitcoin wallets.

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December 04, 2022, 11:04:59 AM
 #3

What steps and how do I withdraw the funds from my trust wallet to Binance app?
If the tokens or coins you had in trustwallet are supported in binance app then you just need to deposit those and stock up on your Binance account. You wont lose a token if you did the process right. In terms of withdrawal, binance has p2p which you could cash out your tokens into stablecoin then into fiat.

Note: KYC is needed when using the p2p feature of Binance.


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December 04, 2022, 11:13:43 AM
 #4

In terms of withdrawal, binance has p2p which you could cash out your tokens into stablecoin then into fiat.

Note: KYC is needed when using the p2p feature of Binance.
I do not think that exist on Binance, you have to use the spot trading to convert the token to any p2p coin on Binance, it does not need to be a stable coin, there are unstable coins option there too like bitcoin.

KYC is mandatory on Binance, not only for p2p but for anything you are doing on Binance, you can not use Binance without KYC or verification.

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December 04, 2022, 11:23:53 AM
 #5

I do not think that exist on Binance, you have to use the spot trading to convert the token to any p2p coin on Binance, it does not need to be a stable coin, there are unstable coins option there too like bitcoin.
Of course you should sell it first right or converted it into any available coins that are accepted in p2p. They have convert function too on most tokens. So you can use that too as well.

KYC is mandatory on Binance, not only for p2p but for anything you are doing on Binance, you can not use Binance without KYC or verification.
I think not all. My brother didnt do kyc but can able to trade and withdraw funds with a limited amount.

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December 04, 2022, 11:45:41 AM
 #6

I think not all. My brother didnt do kyc but can able to trade and withdraw funds with a limited amount.

Binance is the largest cryptocurrency exchange per market capitalization in the world. As such, the exchange is dedicated to maintaining KYC compliance. KYC not only protects the exchange, it also provides an additional layer of security to each user's account while allowing them to enjoy unrestricted use of Binance's services.

Binance Imposes Mandatory KYC for All Users Amid Growing Scrutiny From Regulators Worldwide

Probably you are talking about when Binance haven't made KYC to be mandatory, it is mandatory since last year, all Binance users have to verify their account with KYC documents before they can use Binance.

If your brothers can still do that, that means Binance is lying, but I do not think it will be like that, ask your brother again if he can still be able to do that.

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December 04, 2022, 12:12:10 PM
 #7

Seems easy when withdrawing fund from Trustwallet to Binance app account but KYC acquired later if you try to withdraw or sell fund through p2p. First if your payment in trutwallet with coin BSC network like BUSD you need to buy little BSC coin for sending fees, maybe 0.0025 BSC enough as fees sending your BUSD coin. But if your trustwallet received with ERC20 coin network actually you need ETH as fees sending above $3 until $5.

Better you can put your receiving address here to make easy explain about what have do you do if want sent fund from trustwallet to Binance app account.

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December 04, 2022, 12:44:00 PM
 #8

By Binance app, did you mean the exchange or the Binance Wallet?

Either way, withdrawing a fund to an exchange requires you some specific step depending on what coin or token you are going to withdraw. Without knowing what particular cryptocurrency in the context, the step-by-step explanation may vary. It is best for you to tell which crypto you are going to withdraw here or simply just refer to the Binance documentation in regard to depositing a coin to the exchange, you can take a look here: https://www.binance.com/en/support/faq/how-do-i-deposit-withdraw-cryptocurrency-on-binance-85a1c394ac1d489fb0bfac0ef2fceafd or https://www.binance.com/en/support/faq/how-to-deposit-crypto-to-binance-115003764971.

Anyway, depositing to an exchange usually should be clearly already stated by the exchange deposit page itself, so you have just followed the instruction.
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December 04, 2022, 12:50:03 PM
 #9

What steps and how do I withdraw the funds from my trust wallet to Binance app?

Firstly, Determine what’s the blockchain network of your asset that you want to send because you will need its native token to cover the transaction fee when you send the tokens that you want to transfer on Binance App. Example: $BNB tokens for Binance Smart Chain and soo on.

Second, Copy the wallet address on the Binance app(make sure to copy the address with the correct blockchain network) then use it as the receiver when you click the send button on the trust wallet?

Lastly, You will need to confirm the transaction once you click send so you might think that you are sending twice if you are not familiar on how trustwallet process.

Note: You just need to make sure that you are sending on the correct blockchain to make your transfer safe.

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December 04, 2022, 04:21:12 PM
 #10

By Binance app, did you mean the exchange or the Binance Wallet?

Either way, withdrawing a fund to an exchange requires you some specific step depending on what coin or token you are going to withdraw. Without knowing what particular cryptocurrency in the context, the step-by-step explanation may vary. It is best for you to tell which crypto you are going to withdraw here or simply just refer to the Binance documentation in regard to depositing a coin to the exchange, you can take a look here: https://www.binance.com/en/support/faq/how-do-i-deposit-withdraw-cryptocurrency-on-binance-85a1c394ac1d489fb0bfac0ef2fceafd or https://www.binance.com/en/support/faq/how-to-deposit-crypto-to-binance-115003764971.

Anyway, depositing to an exchange usually should be clearly already stated by the exchange deposit page itself, so you have just followed the instruction.
I meant the exchange...

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December 05, 2022, 05:13:42 AM
 #11

Probably you are talking about when Binance haven't made KYC to be mandatory, it is mandatory since last year, all Binance users have to verify their account with KYC documents before they can use Binance.
If there is a change possibly its not implemented right away or to new users only. Its not that they arent lying most likely its not yet prompted those who are registered early and been using their platform for a long time already.

But will definitely ask him about that. Then if his already verified or not could means something also to Binance new regulations.

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December 05, 2022, 10:01:03 AM
 #12

I meant the exchange...
Using Binance or any centralized exchange is really easy, don't need to be scared to lose your funds when you're doing it right. If you're only want to use Binance and know the risk involved to use centralized exchange, so here's the guide:
1. Create Binance account and verify everything that needed [1]
2. Withdraw your Bitcoin on Trust wallet and paste the Binance Bitcoin receipt address on your account [2]
3. Trade your Bitcoin with your local fiat pair, you will able to withdraw your fiat in your banks [3]

Just make sure you didn't visit phishing site or your device got malware.


[1] https://www.binance.com/en/support/faq/how-to-register-on-binance-app-360042718372
[2] https://www.stilt.com/blog/2021/09/how-to-withdraw-money-from-trust-wallet/
[3] https://www.stilt.com/blog/2021/08/how-to-withdraw-from-binance/

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December 07, 2022, 08:40:37 PM
 #13

I got paid for a certain job via my trust wallet, and although I have been unable to make withdrawal, I now want to withdraw the amount in my trust wallet to my binance. It has been a hand full for me and wouldn't want to risk losing my fund due to error of ignorance.

 What steps and how do I withdraw the funds from my trust wallet to Binance app?
Do not worry, you just have to make sure that the coin that you will withdraw from the Trust Wallet is listed on Binance, then you have to create an account on Binance if you do not have one and pass the KYC, and then go to the deposit and choose the network carefully for the coin, you must make sure that the network that you chose for a deposit, it is the same network used in the trust wallet, then copy the deposit address and the TAG/ MEMO of the coin if it is available, and you must have fees on the trust wallet according to the network used, then you click on the coin in the trust wallet and choose “Send”, then you have to put your deposit address and then you send and a fee will be deducted according to the network after the transaction is completed, then open the Binance application and exchange your coin to any of the stablecoins and click on P2P and choose the currency of your country above and put your payment method and choose the merchant who has positive trusts and sell to him.

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March 13, 2023, 01:17:58 PM
 #14

Withdrawing from Trust Wallet to Binance is actually a fairly simple process, so you don't need to worry too much.

First, you'll need to open your Trust Wallet app and ensure that you have the funds you want to transfer available in your wallet. Then, you'll want to find your Binance deposit address.

You can do this by opening your Binance app, navigating to the cryptocurrency you want to deposit, and selecting the "Deposit" option.

Once you have your Binance deposit address, return to your Trust Wallet app and select the cryptocurrency you want to transfer. From there, select the "Send" option and enter your Binance deposit address as the recipient.

Double-check that the address is correct, as sending to the wrong address can result in permanent loss of your funds.

After you've confirmed the recipient address, enter the amount of cryptocurrency you want to send and confirm the transaction. It may take a few minutes for the transaction to be processed, so don't worry if you don't see the funds in your Binance account immediately.

Remember, always double-check your recipient address before sending any cryptocurrency to ensure that your funds are safe and secure.

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