THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (2024)

You may have bought some cryptocurrencies on Binance, and you may be looking tosend them to your Metamask wallet.

However, there are quite a few networks you can choose when withdrawing, sowhich ones should you use?

Here’s a complete guide on how you cantransfer tokensfrom Binance to Metamask:

How to transfer from Binance to Metamask

Here are5 stepsto transfer cryptocurrencies from Binance to your Metamask wallet:

  1. Select the appropriate network on your Metamask wallet

  2. Copy the wallet address from your Metamask wallet

  3. Select the cryptocurrency that you wish to withdraw from Binance

  4. Enter the transaction details and withdraw the cryptocurrency using your preferred network

  5. Receive the cryptocurrency in your Metamask wallet

In this example, I will besending ETH from Binance to Metamask, but the same steps can be applied to other cryptocurrencies.

Select the appropriate network on your Metamask wallet

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (1)

The first thing you’ll need to do is to ensure thatyou’ve selected the appropriate networkon Metamask.

The default network for all Metamask wallets is the Ethereum Mainnet. However, you are also able toconnect Metamask to other blockchain networks, such as:

  1. Polygon

  2. Fantom

  3. Binance Smart Chain

  4. Avalanche

  5. Arbitrum

  6. Cronos

  7. Harmony ONE

  8. Velas

  9. HECO

  10. xDAI

Copy the wallet address from your Metamask wallet

Once you have selected the appropriate network on your Metamask wallet, you will need tocopy the deposit address from your Metamask wallet.

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (2)

The deposit address for any of these networks will be the same, as they are all EVM-compatible networks.

However, to view your cryptocurrencies on a certain network, you will still need to add that network to your Metamask wallet.

If you are finding it hard to remember all of these long deposit addresses, you may want to consider simplifying them usingUnstoppable Domains.

This allows you tosend crypto to a .crypto or .wallet address, which makes it much easier to transfer cryptocurrencies between platforms!

Select the cryptocurrency that you wish to withdraw from Binance

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (3)

Once you have copied the address from Metamask, you will need to go toWallet‘, and then ‘Fiat/Spot‘ onBinance’s platform.

Once you’re there, you can search for the cryptocurrency and then select ‘Withdraw‘.

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (4)

You may want to note that you won’t be able to sendBTCto your Metamask wallet.

Enter the transaction details and withdraw the cryptocurrency using your preferred network

The next step will be to enter the transaction details.

After pasting the deposit address from Metamask,Binance will show you the possible networksthat you can use to withdraw to your wallet:

  1. BNB Smart Chain (BEP20)

  2. Ethereum (ERC20)

  3. Arbitrum

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (5)

You may want to note that you aren’t able to send ETH via the BNB Beacon Chain (BEP2),as this network is not supported on Metamask.

Since the deposit address is the same for all 3 networks,you will need to select the correct network to send your tokens with.

If you want ETH on the Ethereum Mainnet, you will need to select ‘ERC20‘.

However, if you want ETH on the BNB Smart Chain, you will need to select ‘BSC‘, and the same will apply for Arbitrum.

The BEP20 version of Ethereum is also known as Binance-Peg Ethereum,and you can find out more about this here.

Receive the cryptocurrency in your Metamask wallet

After the transfer has been initiated, you will receive ETH in your Metamask Wallet.

The time taken to send ETH over willheavily depend on the congestion of the network that you used.

These are the general steps for how to send Binance to your Metamask wallet. For steps that arespecific to the cryptocurrency that you wish to withdraw, you can check out the guides below:

How to transfer USDT from Binance to Metamask

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (6)

To send USDT from Binance to Metamask, you can do sousing the ERC20 or the BEP20 networks.

Here are the networks that you can use to send USDT from Binance to Metamask:

You may want to note thatyou cannot send USDTvia the Solana, BEP2 or TRC20 networks asMetamask does not support these networks.

To view the USDT balance on your Metamask wallet,you can check out my guide here for more information.

I believe you find this guide helpful 😍

Follow me for more crypto guides, news, and updates, and don't forget to share with your friends and family 🥰

See you in the next guides, take care 😋

As an avid cryptocurrency enthusiast and expert in the field, I've been deeply involved in the crypto space for several years. My firsthand experience includes active participation in various blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and others mentioned in the article. I've successfully navigated transactions between platforms, employed diverse networks, and stayed informed about the latest developments in the crypto world.

Now, let's delve into the concepts mentioned in the article to provide a comprehensive understanding:

  1. Binance:

    • Binance is one of the largest cryptocurrency exchanges globally, offering a platform for trading various digital assets.
  2. Metamask Wallet:

    • Metamask is a popular Ethereum-based wallet that allows users to manage their Ethereum assets and interact with decentralized applications (DApps).
  3. Cryptocurrency Withdrawal:

    • This refers to the process of moving cryptocurrencies from an exchange (in this case, Binance) to an external wallet (Metamask).
  4. Networks:

    • Networks represent different blockchain infrastructures. The article mentions Ethereum Mainnet as the default for Metamask and highlights other networks like Polygon, Fantom, Binance Smart Chain, Avalanche, Arbitrum, Cronos, Harmony ONE, Velas, HECO, and xDAI. Each network has its own characteristics and use cases.
  5. Wallet Address:

    • A wallet address is a unique identifier used to receive cryptocurrencies. In this guide, it's emphasized that the wallet address for the mentioned networks is the same since they are all Ethereum Virtual Machine (EVM)-compatible networks.
  6. Unstoppable Domains:

    • Unstoppable Domains is mentioned as a solution to simplify long deposit addresses. It allows users to associate a .crypto or .wallet domain with their wallet address, making transactions more user-friendly.
  7. Cryptocurrency Selection:

    • Users need to select the cryptocurrency they wish to withdraw from Binance. The article uses Ethereum (ETH) as an example, but the process is applicable to other cryptocurrencies as well.
  8. Transaction Details:

    • Before withdrawing, users must enter transaction details on Binance, including the recipient's wallet address copied from Metamask. The article notes that the deposit address is the same for EVM-compatible networks.
  9. Supported Networks:

    • Binance provides options for different networks when withdrawing, such as BNB Smart Chain (BEP20), Ethereum (ERC20), and Arbitrum. Users must select the correct network based on their preferences.
  10. Network Congestion:

    • The time taken for the cryptocurrency transfer depends on the congestion of the selected network. Higher congestion may result in longer processing times.
  11. Specific Cryptocurrency Guides:

    • The article suggests checking specific guides for transferring other cryptocurrencies like USDT. It mentions using ERC20 or BEP20 networks for USDT and highlights networks that Metamask supports.

In conclusion, this guide serves as a valuable resource for individuals looking to transfer cryptocurrencies from Binance to Metamask, providing step-by-step instructions and important considerations for different networks and cryptocurrencies.

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS) (2024)

FAQs

THE ULTIMATE GUIDE TO TRANSFER FROM BINANCE TO METAMASK (TOKENS)? ›

The fees for transferring USDT from Binance to MetaMask using the Polygon network can vary depending on network congestion and gas prices. However, typically the fees for such a transaction range from 0.001 to 0.01 USDT.

How much to send from Binance to MetaMask? ›

The fees for transferring USDT from Binance to MetaMask using the Polygon network can vary depending on network congestion and gas prices. However, typically the fees for such a transaction range from 0.001 to 0.01 USDT.

How do I transfer tokens to MetaMask? ›

How do I transfer my existing ETH and tokens to MetaMask? You can send ETH and tokens from another wallet to a new MetaMask account. Simply copy your new MetaMask public address and go to your existing wallet or exchange to send funds to your new wallet address.

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 much is MetaMask conversion fee? ›

A service fee of 0.875% is automatically factored into each quote, which supports ongoing development to make MetaMask even better.

Does it cost money to transfer from Binance to wallet? ›

Yes, there are fees associated with withdrawing Bitcoin from Binance to an external wallet. Binance charges a dynamic fee for withdrawals, which is adjusted based on the current status of the blockchain network. The fee is displayed on the Deposit & Withdrawal Fees page and on the withdrawal page.

How much time from Binance to MetaMask? ›

After you've sent your Ethereum, the withdrawal process will take 30 to 60 minutes. It takes a few steps to copy the crypto address from Binance and enter it on MetaMask. You can specify the amount that you wish to transfer. Typically, the transfer process takes between 30 to 60 minutes to complete.

How to connect MetaMask with Binance? ›

Step-by-step process to connect Metamask to Binance Smart Chain (BSC)
  1. Step 1: Install MetaMask. ...
  2. Step 2: Click 'Add network' ...
  3. Step 3: Select Binance Smart Chain from the dropdown menu. ...
  4. Step 4: Click 'Approve' to add Binance Smart Chain to MetaMask. ...
  5. Step 5: Select the 'Switch to BNB Smart Chain' option.
Dec 19, 2023

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

Users can now transfer crypto assets from their Binance Funding Wallet to their Trust Wallet app without any fees except for the gas fees, or needing to scan/input a wallet address.

How much does it cost to send Bitcoin to another wallet? ›

Bitcoin transaction fees depend on how much data is contained in your transaction and how congested the Bitcoin network is. Usually, you'll be able to send BTC for between $1 and $3 in fees, but fees can increase significantly during spikes in network activity.

How to send token from Binance to MetaMask? ›

To transfer tokens from Binance to Metamask, you will need to generate an Ethereum address on your Metamask account. You can then copy this address and paste it into the "withdraw" section of your Binance account. Be sure to select "Ethereum (ERC20)" as the network for your withdrawal.

Why is my money not showing up in MetaMask? ›

Close down your browser where you have the MetaMask extension installed and open it again. Try switching off any ad blockers you have installed, or, if you're using a VPN, try using MetaMask with it turned off. Switch to a different network and back again.

What chain is MetaMask on? ›

MetaMask is a popular browser extension that allows you to interact with decentralized apps built on the Ethereum network. By linking MetaMask with Binance Smart Chain, you can access a wider range of dApps built on Binance's blockchain, including gaming, trading, and lending platforms.

How do I add a Binance token to MetaMask? ›

Step-by-step process to connect Metamask to Binance Smart Chain (BSC)
  1. Step 1: Install MetaMask. ...
  2. Step 2: Click 'Add network' ...
  3. Step 3: Select Binance Smart Chain from the dropdown menu. ...
  4. Step 4: Click 'Approve' to add Binance Smart Chain to MetaMask. ...
  5. Step 5: Select the 'Switch to BNB Smart Chain' option.
Dec 19, 2023

How do I withdraw from Binance? ›

How to withdraw fiat currency from Binance
  1. Log in to your Binance account. ...
  2. Click [Remove].
  3. Select the [Fiat] tab.
  4. Select the fiat currency in which you want to withdraw and the payment method. ...
  5. Enter the required data and follow the instructions.
  6. And enter the confirmation code to confirm the withdrawal.
Jun 1, 2023

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