How to Transfer BNB from Trust Wallet to Binance
If you have bought some BNB on Trust wallet and looking for a way to transfer it to a more secure wallet. Then, you are at the right place. In this blog, we will give easy-to-follow steps and lots of useful images to help you transfer your BNB from Trust wallet to Binance in no time.
Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol. The Binance Exchange is the largest crypto exchange in the world as of Q2 2022, with more than 29 million users. It was originally issued as an ERC-20 token, running on the Ethereum network but is now the native currency of Binance's own blockchain, the Binance chain. It was created to empower the cryptocurrency platform and fuel its operations to establish a sustainable ecosystem. It allowed users to get a good discount on trading fees when paying with BNB.
Trust Wallet is an open-source, decentralized, mobile crypto wallet that allows you to trade various cryptocurrencies safely. It was originally designed to hold the ERC20 and ERC223 tokens only but has now been developed to hold other leading cryptocurrencies like Bitcoin. Like other secured wallets, this also provides you with a secure access key that keeps your assets safe against unauthorized access. The wallet has a built-in Web3 browser that allows users to buy cryptocurrencies through the native DEX (decentralized exchange) that operates on the Kyber Network. This also allows users to access the various DApps (decentralized applications) built on the Ethereum platform directly through the Trust Wallet app. This wallet is available for installation on both iOS and Android mobile devices.
These are the simple steps you need to follow to send BNB from Trust wallet to Binance.
The first step to sending and receiving your crypto is to obtain the address of the receiving wallet. For that, you just need to follow these simple steps.
1- Sign in to your Binance mobile application and “ Tap” the wallets option in the lower right corner of the screen.
2- Now, you will be able to see two options: Deposit and Withdrawal. Just tap the “Deposit” option and choose the network. Here, we are choosing a BNB smart chain.
3- After choosing the network, copy the BNB deposit address by tapping on the copy icon available along with the QR code.
1- Open your Trust wallet application, and you will be able to see multiple currencies under the tokens option. Now, select BNB Smart Chain.
1- After selecting the crypto, tap the “Send” option available.
2- Now, Paste the BNB deposit address that you copied in Step 1 in the “Recipient Address” field and choose the amount you want to send.
3- Next, Tap the “Continue” option available in the upper right corner of the screen.
After this, you will be directed to the Transfer page. There you will be able to check the address and the network fee. Review it and tap on Confirm.
That’s it. You have successfully transferred your crypto from Trust Wallet to Binance.
If you would like to check the status of your transaction, you can check the recent transactions on your Trust wallet, or you can also head back to your Binance account and check the BNB transactions.