1. Log in to your Binance account
Open the Binance app (or website) and log in to your account using your email and password.
You may be asked to verify your identity through two-factor authentication (2FA) if it is enabled.
2. Go to the Wallet section
Tap on "Wallet" at the bottom (on the app) or in the top menu (on the website).
Choose "Spot" or "Funding", depending on where your Bitcoin is stored.
3. Start the withdrawal process
Click on the "Withdraw" button.
In the search bar, type "BTC" (the Bitcoin symbol) and select it.
4. Enter the recipient's wallet address
Copy the recipient's Bitcoin wallet address from the person you want to send the funds to.
Paste the address into the "Address" field on Binance.
Double-check the address to ensure it is correct, as sending Bitcoin to an incorrect address is irreversible.
5. Choose the network
Select the network you want to use for the transfer:
BTC (Bitcoin Network): The most secure option but comes with higher fees.
BEP20 (Binance Smart Chain): Faster and cheaper, but ensure the recipient's wallet supports this network.
Make sure the recipient’s wallet is compatible with the selected network to avoid losing your funds.
6. Enter the amount
Specify the amount of Bitcoin you want to send.
Binance will display the transaction fee that will be deducted.
7. Review and confirm the details
Double-check all the following details:
Recipient's wallet address.
Selected network.
Amount of Bitcoin.
Transaction fee.
8. Confirm the withdrawal
Click on "Withdraw".
Binance may request verification codes via email or Google Authenticator. Enter the required codes to proceed.
9. Wait for network confirmation
After confirming the transaction, the blockchain will start processing it.
You’ll need to wait for a certain number of "confirmations" on the Bitcoin network (which may take 10-30 minutes or longer, depending on network congestion).
10. Verify the transaction status
After the transaction is complete, you can check the status by:
Going to Wallet -> Transaction History on Binance.
You can also track the transaction on the Bitcoin blockchain explorer using the wallet address or transaction ID (TXID).
Important Tips
1. Double-check the recipient’s address before sending, as mistakes can result in permanent loss of funds.
2. Choose the correct network. If you send via an unsupported network, the recipient might not be able to access the funds.
3. Check the transaction fees before confirming.
4. Contact Binance support if you encounter any issues.
