How To: Transfer LUNC Tokens from Binance to Terra Station (2024)

Terra Station is the official wallet for holding Terra assets, including native LUNC tokens.

This guide describes the steps to transfer LUNC tokens from the Binance Exchange to the Terra Station wallet. Before transferring the LUNC tokens to Terra station, you need a Terra Station Wallet address.

To get started, you’ll need your Terra Station wallet address.

This can be done by using the Terra Station app which offers a detailed step-by-step process to create a new wallet. Apart from the desktop app, Terra station is also available as a Chrome extension.

Open the Terra Station wallet app and click Connect and then, Click New Wallet.

How To: Transfer LUNC Tokens from Binance to Terra Station (2)

To make these long deposit addresses easier to remember, you might consider using Unstoppable Domains.

  1. On Binance exchange, you will need to go to Wallet, and then Fiat/Spot.
How To: Transfer LUNC Tokens from Binance to Terra Station (3)

Select the LUNC token from your portfolio and click on Withdraw.

Enter the transaction details like Withdraw address (your Terra Station wallet address), the Network, amount of LUNC you would like to withdraw to Terra Station.

How To: Transfer LUNC Tokens from Binance to Terra Station (4)

Binance will display the approx network fee and other details.

Binance will allow only the Terra network to send your LUNC tokens.

Once the withdrawal has been processed, you should receive your crypto in the Terra Station wallet.

How To: Transfer LUNC Tokens from Binance to Terra Station (5)

That’s it!

How To: Transfer LUNC Tokens from Binance to Terra Station (2024)

FAQs

How To: Transfer LUNC Tokens from Binance to Terra Station? ›

Select the LUNC token from your portfolio and click on Withdraw. Enter the transaction details like Withdraw address (your Terra Station wallet address), the Network, amount of LUNC you would like to withdraw to Terra Station.

How do I withdraw Luna from Binance? ›

-Log into your Binance account. -Select the cryptocurrency you wish to withdraw. -Click on “Withdraw” and follow the instructions. -Provide the withdrawal address and network details.

How do I transfer tokens from Binance? ›

How to send tokens from the Binance Web3 Wallet?
  1. Tap [Send] on the Web3 Wallet homepage. Alternatively, tap on a crypto on your asset list and tap [Send].
  2. Paste the recipient's address and tap [Continue]. ...
  3. Enter the amount to send and tap [Review Send].
  4. Confirm the transfer and gas fee. ...
  5. Verify the transfer.
Oct 24, 2023

How to transfer crypto from Binance to another wallet? ›

How to transfer Bitcoin from Binance to another wallet
  1. Step 1: Log in to your Binance account. ...
  2. Step 2: Select 'Withdraw' ...
  3. Step 3: Enter the recipient's address. ...
  4. Step 4: Specify the amount and confirm. ...
  5. Step 5: Complete security verification. ...
  6. Step 6: Check the transaction status.
Apr 4, 2024

How do I send Lunc to Terra Station? ›

Select the LUNC token from your portfolio and click on Withdraw. Enter the transaction details like Withdraw address (your Terra Station wallet address), the Network, amount of LUNC you would like to withdraw to Terra Station. Binance will display the approx network fee and other details.

How do you cash out of Terra Station? ›

Once you have sufficient rewards, follow these steps to withdraw them:
  1. Open Terra Station and click Staking.
  2. To claim all rewards, click Withdraw all rewards in the upper right corner of the staking page. ...
  3. Review the amounts and specify which coin you want to pay fees in.
  4. Enter your password and click withdraw.

Is Binance removing Luna? ›

Crypto exchanges, including Binance, have begun to delist Terra's UST stablecoin and its linked Luna token, citing a need to protect users from risk.

Why can't I withdraw from Binance? ›

Recent account changes (including password changes) Occasionally, we may need to lock your account if you have made recent changes to it. For example, if you have reached out to our team to reset your two-factor authentication, or you have changed your password, we will temporarily disable your ability to withdraw.

Why is Binance withdrawal suspended? ›

Binance suspends its withdrawals when the wallets undergo periodical maintenance. In some cases, a database glitch or another error relating to the exchange may cause some withdrawal problems. This might then have the knock-on effect of withdrawals being suspended as these are fixed.

How do I get my crypto out of Binance? ›

How to Withdraw Crypto From Binance:
  1. Access your Binance account, hover over the account icon in the upper right corner, and select [Assets].
  2. Click [Withdraw] and select the cryptocurrency that you want to withdraw.
  3. Input the receiving address where you want to send your crypto and select the correct network.
Jun 20, 2024

Can you swap tokens on Binance? ›

Swapping tokens on Binance Smart Chain (BSC), Binance's very own blockchain built for smart contract-based applications, is as smooth as a hot knife through butter (the same can be said about other chains, like Ethereum, for example). All thanks to decentralized exchanges (DEXs) like PancakeSwap.

How do I check my internal transfer on Binance? ›

To make an internal transfer on Binance:
  1. Log in to your Binance account and navigate to the “Wallet” section.
  2. Select “Overview” and click on the “Transfer” button.
  3. Choose the account you want to transfer funds to or from.
  4. Enter the amount you want to transfer and select the cryptocurrency you want to use for the trans.
Jan 31, 2024

How much does it cost to transfer from Binance to Trust wallet? ›

Main Takeaways. When you transfer assets from your Binance Funding Wallet to your Trust Wallet account, you won't even need to scan/input a wallet address. Only need to click “Deposit from exchange” on Trust Wallet App. What's more, no extra fees except blockchain gas fees.

How do I send coins from Binance to Coinbase? ›

Here's a step-by-step guide:
  1. On Binance, go to your wallet and select the cryptocurrency you want to transfer.
  2. Click on the "Deposit" button and copy the wallet address provided.
  3. On Coinbase, go to your wallet and click on the "Send/Receive" button.
Jan 15, 2024

How much does it cost to transfer crypto from Binance to Coinbase? ›

Binance vs. Coinbase: Fees
FeesBinanceCoinbase
Cryptocurrency conversionFree1% fees on all crypto transactions which includes conversion
PurchasesNot disclosed1%
Trades0% - 0.6%Variable fees (Coinbase), 0%-0.60% (Coinbase Advanced Trade)
Staking fees20% to 35%25% to 35%
4 more rows

How do I sell my Luna? ›

How to sell LUNA
  1. Pick LUNA as the “You Send” currency above.
  2. Choose the asset you'd like to get for your LUNA.
  3. Enter the wallet address of the coin you'd like to get.
  4. Send your deposit to a one-time address.
  5. Receive your exchanged coins in ~5 mins!

Can I transfer Terra Luna to Coinbase? ›

Terra (LUNA) is not tradable on Coinbase.

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