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QUESTION

How do I send cryptocurrency using Binance?

ANSWER

20

To send cryptocurrency using Binance, one must first have a Binance account and ensure that the required cryptocurrency is available in the Binance wallet. The sender logs into the account, navigates to the 'Wallet' section, and selects 'Fiat and Spot' to locate the specific cryptocurrency they intend to transfer. Upon clicking 'Withdraw' next to the chosen currency, they are prompted to enter the recipient's wallet address, ensuring it matches the intended destination blockchain. One then specifies the amount to send and chooses the appropriate transaction fee for a balance between speed and cost. It’s crucial to double-check all details as transactions cannot be reversed. Once confirmed, they complete any security verification steps necessary, like Two-Factor Authentication (2FA), and authorize the transaction. The funds will be sent to the recipient's wallet address, with transaction times varying based on network load and selected fees.


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04.21.2024
HOW TO SEND CRYPTO BINANCE
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BINANCE
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