Steps to withdraw WLD to Binance:
1. Make sure you have a verified account on Binance: If you haven't already, complete the KYC (Know Your Customer) verification process to enable withdrawals and deposits.
2. Log in to your cryptocurrency wallet or platform: From where you have stored the WLD (such as an external wallet or an exchange other than Binance).
3. Select the âWithdrawâ option: Find the WLD cryptocurrency in the list of assets available for withdrawal.
4. Get your deposit address on Binance:
âą On Binance, go to the âDepositsâ section.
âą Choose WLD as the cryptocurrency you wish to deposit.
âą Copy the WLD deposit address provided by Binance.
5. Enter the deposit address in your wallet or exchange: Paste the Binance address where it asks you to enter the withdrawal address.
6. Check the correct network: Make sure you select the correct network that supports WLD withdrawals (in this case, it can be Ethereum or a layer 2 solution, such as Optimism, depending on the exchange or wallet's instructions).
7. Confirm and finalize the transaction: Review the details carefully before confirming the transfer to avoid errors.
8. Wait for confirmation: The transaction may take a few minutes or even longer depending on network congestion.
Common mistakes and how to fix them:
1. Selected network error: Many users select the wrong network when transferring WLD (such as using an unsupported network). Always make sure to select the correct network (such as Optimism if available). Otherwise, funds may be lost or stuck.
âą Solution: Please carefully check the network supported by Binance and the platform you are withdrawing from. Do not confuse networks like Ethereum or Binance Smart Chain if they are not supported.
2. Entering an incorrect address: Copying the Binance deposit address incorrectly is a serious mistake as it can result in permanent loss of funds.
âą Solution: Use the copy and paste function, and always check the first and last digits of the address before confirming.
3. Unexpected fees: Gas fees on Ethereum or layer 2 networks can vary considerably, which could drain your funds if you're not careful.
âą Solution: Always check the fees before confirming a transaction and consider waiting for a time of lower network congestion.
4. Not completing verification on Binance: Some new users fail to complete the KYC verification process, which prevents them from depositing or withdrawing cryptocurrencies.
âą Solution: Please make sure your Binance account is fully verified before attempting to transfer funds.
With these steps and precautions, you can minimize errors when withdrawing WLD to Binance.
