Every cryptocurrency has its own specific Binance wallet address.
And the Binance cryptocurrency exchange platform has made it easier for most investors to locate their desired crypto wallets.
To learn more about the crypto exchange, read my detailed review on Binance platform.
You’ll need to find respective Binance wallet address to receive a particular crypto-coin from someone.
If you send a wallet address other than that of Bitcoin, then the crypto deposit won’t go through to the destination wallet.
When that happens, you won’t be able to get it back – it may be lost for life.
Hence, before receiving any crypto-coin from someone, you should ask them to do a test deposit first, before sending the rest.
That way, you can avoid losing your deposit due to complications.
In this guide, I’ll show you how to find a wallet address on Binance, including Bitcoin and Altcoins.
Note: If you don’t have an account on Binance already, then it’s best to click here and create one immediately.
How to find crypto wallet address on Binance
To find your cryptocurrency address, you need to navigate to ‘Funding and Spot’ section of the Binance crypto wallet.
Once you’re there, navigate to the cryptocurrency asset that you want to receive and click on ‘Deposit’.
If you’re using the Binance crypto app for mobile device, you need to tap on the three dots first, then tap ‘Deposit’.
Afterwards, you’ll land on a ‘Deposit’ page which contains full drop-down list of different cryptocurrencies that can be selected.
Now, you will have to click or tap the drop-down option and select your desired crypto-coin you want to receive.
You’ll also see your wallet address for the cryptocurrency that you’ve selected on the Binance list of coins.
You can copy the link and send it to the person that is sending you the cryptocurrency.
How to copy Binance wallet address
Most people don’t know that copying crypto wallet address on Binance is so simple and easy, but am going to show you how you can do it.
When you scroll down the page and see your wallet address, if Bitcoin was selected, you’ll see a ‘BTC’ tab on Binance as well as other tabs.
Note: By default, the tab is on ‘BTC’ (i.e. Bitcoin cryptocurrency). And in most cases, this is the tab that you’ll be using for most transactions.
Under the ‘Address’ header, you’ll see your Bitcoin address. Click on the duplicate icon to copy your Bitcoin wallet address.
You can then paste this address to the person that is sending you BTC. You can also ask the person to scan the QR code of your Binance wallet address.
Under the QR code, there’ll be a description that says ‘Send only x to this deposit address’, with ‘x’ being the cryptocurrency that you’ve selected.
You’ve successfully found and copied your cryptocurrency wallet address on Binance!
To be more specific, it is the string of alphanumeric text that designates the location of a particular wallet on the Binance Smart Chain.
These smart wallets has addresses just like every other cryptocurrency wallet. To learn more about crypto wallets, you should read my ultimate wallet guide.
Generally, it’s not good to leave your crypto investment on an exchange, because it can get lost at an instance.
It mostly happens when the platform is running checks on wallets, and they normally disable wallet addresses once they’re under maintenance.
When the whitelist feature is turned off, your account is able to make withdrawals to any address.
This is another security feature offered by Binance.
When turned on, you will be able to make withdrawals only to the addresses that are whitelisted.
This is very useful to avoid being a victim of phishing and hacking which is used to invade accounts to steal some money.
You can find Bitcoin address on Binance by login in to your Binance account, and then click on ‘Wallet’ on the top navigation bar.
Once you’ve done that, then select ‘Fiat and Spot’ and search for Bitcoin.
OAs you’re on the BTC page, on the ‘Address’ field, click the duplicate icon to copy your Bitcoin wallet address.
It’s the same process as finding Bitcoin, but this time, you’ll be focusing on Binance coin (BNB).
Final thoughts
By reaching this part of the guide, I believe you’ve learned how to receive Bitcoin and any other crypto from another wallet on Binance.
However, you need to make sure you’re using the right wallet address, as going with the wrong wallet address will cost you.
Hence, before the person sends a cryptocurrency to your wallet address, you should ask them to do a test deposit first.
That way, you can mitigate a failed deposit.
Do not forget that leaving your cryptocurrency investment on an exchange (no matter how secured they are) might be very risky.
Remember to always transfer your coins into an offline crypto wallet, to avoid loosing your money to cyber criminals.
I recommend purchasing a hardware wallet (like; Ledger Nano X/S), as they’re the best secure crypto wallets in the market.
