To learn more about how to use Pay, check out our Guide. To learn more about this feature check out our FAQ. Pay on Binance.US enables instant, zero-cost crypto transfers between Binance.US users and is only available on the Binance.US mobile app. Select the Binance.US user you wish to send to and click Send. Select the cryptocurrency you would like to send and enter the amount in USD or crypto. Open the Binance.US app and click the yellow Buy, Send & Receive button and click Send & Request.Ģ. To use Pay to send crypto, simply update the Binance.US app to the most recent version and follow these steps:ġ. Pay eliminates the need to enter a lengthy deposit and withdrawal address and pay any associated network fees, making it the best way to transfer crypto between Binance.US users. To alleviate these issues as well as others, Binance.US offers Pay which enables fast and free off-chain transfers. When this happens, the crypto could be sent to the wrong address without any way to get it back. This method also requires you to input lengthy and complicated deposit and withdrawal addresses that can be easily compromised or entered incorrectly. When using a traditional transaction method, you will be subject to transaction fees for an on-chain transfer to take place. While there are many benefits to the traditional method of sending (and receiving) crypto using a deposit or withdrawal address, there are also some drawbacks. Most crypto platforms will provide some type of confirmation when the transaction is complete. Finish the transaction by clicking “Send”. Once you have it, enter it in the Recipient Address field.ģ.

You will need to retrieve the deposit address of the receiving wallet. Enter the deposit address that you want to send crypto to. In your crypto wallet, choose Withdraw and enter the amount and type of crypto that you want to send.Ģ. Most cryptocurrency platforms offer a way for customers to send or receive crypto using deposit and withdrawal addresses. When the buy order is complete and the coins or tokens are in your account, you’re ready to send crypto to anyone you choose. Dollar).Īfter you’ve funded the account, you’re ready to buy crypto by logging into the platform, entering the amount you want to buy, and choosing when you want to buy it. Next, open an account on that platform and fund it with the fiat currency of your choice (fiat currency is government-backed money like the U.S. To do that, first find a crypto platform - like Binance.US - that offers access to a variety of cryptocurrencies, reasonable fees, and the tools and resources you need to help you make the right choices. But, before you can initiate a transaction, you must have cryptocurrency in your wallet. The steps to send crypto are pretty simple. Cryptocurrency Tech Makes It All Possible.In this article, we discuss the ins and outs of transferring your digital assets so you can send crypto and receive crypto with ease. Sending and receiving crypto, however, eliminates many of those headaches and simplifies the process down to just a few clicks or taps. These more traditional methods feature higher barriers to entry, including complex processes, high fees, slow delivery times, and, in some cases, policies that may prevent the transfer altogether. It’s easy to send and receive crypto when you compare it to traditional methods of sending money, like making a bank or wire transfer.

Learn how you can transfer crypto quickly and securely. Sending and receiving crypto doesn’t have to be complicated.

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