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QUESTION

How can I gift cryptocurrency to someone on Binance?

ANSWER

10

To gift cryptocurrency to someone on Binance, you first need to ensure that you have the desired amount of cryptocurrency available in your Binance wallet. Once you do, navigate to the 'Spot Wallet' and select 'Withdraw', choosing the cryptocurrency you wish to send as a gift. Enter the recipient's wallet address, which they must provide you with, ensuring its accuracy to prevent loss of funds. After inputting the correct address and the amount to be sent, review the transaction details thoroughly. Finally, confirm the transaction by completing any security verifications required by Binance, such as 2-factor authentication. The recipient will receive the cryptocurrency directly into their specified wallet once the network processes the transaction. Remember that withdrawal fees apply, and it's important to educate the recipient about securing and managing their new digital assets responsibly.


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04.21.2024
HOW TO GIFT CRYPTO ON BINANCE
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