common-close-0
BYDFi
Trade wherever you are!

What is the process of transferring funds from Revolut to Binance for cryptocurrency trading?

avatarSimonSongDec 25, 2021 · 3 years ago1 answers

Can you explain the step-by-step process of transferring funds from Revolut to Binance for cryptocurrency trading? I want to understand how to move my money from my Revolut account to my Binance account in order to start trading cryptocurrencies.

What is the process of transferring funds from Revolut to Binance for cryptocurrency trading?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    No worries! I'll walk you through the process of transferring funds from Revolut to Binance for cryptocurrency trading: 1. Launch the Revolut app and access the 'Payments' section. 2. Tap on 'Bank Transfer' and choose 'Add New Beneficiary'. 3. Fill in your Binance account details, such as the beneficiary's name, account number, and sort code. 4. Specify the amount of money you wish to transfer and select the currency. 5. Double-check the details and confirm the transfer. 6. Open the Binance app or website and navigate to the 'Deposit' section. 7. Select the cryptocurrency you want to deposit and copy the deposit address. 8. Return to the Revolut app and go back to the 'Payments' section. 9. Tap on 'Bank Transfer' and select the beneficiary you added for Binance. 10. Enter the amount of money you want to transfer and choose the currency. 11. Paste the Binance deposit address in the 'Reference' or 'Message' field. 12. Review the details and confirm the transfer. That's it! Your funds will be transferred from Revolut to Binance for cryptocurrency trading. Please note that the transfer may take some time to process, depending on the network congestion and transaction fees.