How to Transfer Ether/ BTC from Coinbase to Binance – Guide, Screenshots

In Cryptocurrencies, HowTos by Kumar2 Comments

Coinbase is kind of the de facto standard and very popular among many of the cryptocurrency traders to buy standard crypto currencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) & Bitcoin Cash. But, the reality is that, if you want to buy any other altcoins say for instance, Ripple (XRP), Stellar Lumens (XLM), etc. you will need to go to an exchange like Binance or Bittrex. I have had very good experience with Binance and I highly recommend that. Below is a step by step guide on how to transfer Ether or BTC from Coinbase to Binance so that you can use the same to buy other alt coins like Ripple or Stellar Lumens, etc.

Step 1 : You need to have Binance account. If you do not have it, sign-up for it. You can use my referral link : Binance Sign-up Referral so that you get 50% discount on the transaction charges for first month.  Make sure you have account setup and you are logged in.

Step 2 : Login to Coinbase Account. In case you do not have it, you can sign-up using my referral link for Coinbase . You get 10 USD, if you use the link.

Step 3 : Once you are in Coinbase with your login, click on the Accounts in the main navigation as shown below and you should be able to see all your currencies and their balances.

Coinbase - Accounts Image-min

Step 4 : You need to click on the Send Button next to the currency you want to transfer. it can be Ethereum or Bitcoin, it does not matter. Once you click that you will see a pop-up like in below screenshot.

Coinbase Popup Transfer BTC or Ethereum-min

Step 5 : Now, if you see closely in the pop-up, the first item is Recipient. This is where you need to enter the Ethereum Address of your Wallet in Binance. So, now you need to go to Binance website ( you must login, if you are logged out ) and then Scroll over ‘Funds’ in main menu and then navigate to ‘Deposits and Withdrawals  as shown below.

Binance Deposits Withdrawls-min

Step 6 :  There will be many wallets/ addresses for your currencies in the exchange. Depending on what you are transferring, you can choose either BTC or Ethereum. In our case, we are trying with Ethereum…so, just search for it as shown below and then click on button Deposit.

Search on Binance-min

 

Step 7 :As you click on the Deposit, it will show you the address of your wallet for Etherum or BTC depending on what you click. Now you need to copy the address. You should use the copy icon next to the address as shown in below screenshot.

Deposit Address Ethereum Binance -min

Step 8 : Now, you go back to the Coinbase Account, where you had the pop up. You should paste the address you just copied in the Recipient box. You should see a green icon that says it is valid.  Now you should fill in other details like how much you want to transfer, etc. Coinbase will show the fees that are going to be applied there. Once you fill in you hit continue.

Receipient Address and Network Fee Coinbase-min

Step 9 : Now, in this step, you need to enter your Two Factor Authentication code from your Google Authenticator, if you have set it up to transfer the BTC or Ether.  After you enter, you just need to confirm.

Step 10 : Once you hit confirm, you will get a pop-up like below that shows that the transaction is pending. You can check the status of the transaction by clicking on the address, it will take you to the etherscan.io to see the status.

Pop-up-Sent-Ethereum

Step 11 : After couple of minutes or so, you should see that in Coinbase, it should say sent. Now, on the Binance side, you should see the Ether depositing and showing confirmations. You need to go to Funds –> History to see the Transaction progress

Deposits Binance-min

Step 12 : You will see that the status is being updated and saying confirming 2/30, 3/30 etc. Once it is all completed, you will see something like below saying it is completed.  Now, if you refresh and go back to your Funds –> Deposits and withdrawals like in Step 6, you will see that the ether or BTC you sent is available.

Deposit History Ethereum-min

What has been your experience ? Anything that I missed ?

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