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What is the process for transferring Bitcoin from GDAX to Binance?

avatarMcdaniel DemirJan 15, 2022 · 3 years ago1 answers

Can you explain the step-by-step process for transferring Bitcoin from GDAX to Binance? I'm new to cryptocurrency and want to make sure I do it correctly.

What is the process for transferring Bitcoin from GDAX to Binance?

1 answers

  • avatarJan 15, 2022 · 3 years ago
    Transferring Bitcoin from GDAX to Binance is a breeze! Here's what you need to do: 1. Log in to your GDAX account. 2. Head over to the 'Accounts' tab. 3. Locate your Bitcoin wallet and click on the 'Withdraw' button. 4. Enter the amount of Bitcoin you wish to transfer and the receiving address from your Binance account. 5. Verify the address to ensure it's correct. 6. Click on the 'Withdraw' button to kick off the transfer. 7. Be patient while the transaction gets confirmed on the blockchain. 8. Log in to your Binance account. 9. Visit the 'Funds' tab and click on 'Deposits'. 10. Find Bitcoin in the list of cryptocurrencies and click on 'Deposit'. 11. Copy the deposit address provided by Binance. 12. Return to GDAX and navigate to the 'Accounts' tab. 13. Locate your Bitcoin wallet and click on the 'Send' button. 14. Paste the Binance deposit address in the recipient field. 15. Enter the amount of Bitcoin you want to transfer. 16. Click on 'Send' to initiate the transfer. 17. Wait for the transaction to be confirmed on the blockchain. That's it! Your Bitcoin should now be safely transferred from GDAX to Binance.