How to Transfer Ethereum (ETH) from Coinbase to Binance (2024)

To transfer Ethereum (ETH) from Coinbase to Binance, first, you need to copy the ETH deposit address in Binance.

Then, navigate to the Send tab on Coinbase and paste the address.

Complete the verification process and confirm the transaction.

To transfer Ethereum (ETH) from Coinbase to Binance, there will be a ~ 0.000231 ETH withdrawal fee applicable. The fee can vary depending upon the network congestion and/ or the type of Network you choose.

Steps to Transfer Ethereum (ETH) from Coinbase to Binance
Steps to Transfer Ethereum (ETH) from Coinbase Mobile Application to Binance Mobile Application

Steps to Transfer Ethereum (ETH) from Coinbase to Binance

Go to Fiat and Spot in Binance
Copy the ETH Deposit Address
Click “Send” on Coinbase
Enter the Amount and Paste the ETH Address
Check your Binance Account

1. Go to Fiat and Spot in Binance

You will now be able to see multiple options, such as Buy Crypto, Markets, Trade, Derivatives, etc.

Click Wallet which is located in the upper right corner of the webpage.

Then, click “Fiat and Spot”.

2. Copy the ETH Deposit Address

After clicking Fiat and Spot, you will be able to see the assets list.

Select ETH by using the search box given.

Once you have found ETH, click “Deposit”.

After clicking Deposit, a Deposit Crypto window will appear.

In that Deposit Crypto window, you need to select the Network in order to view the ETH deposit address.

Ensure to select the network that is supported by both Coinbase and Binance. Otherwise, you will lose your crypto asset.

We are selecting the “Ethereum ETH Network”.

Next, click the “Copy icon“.

3. Click “Send” on Coinbase

Now, you will be able to see the “Send/ Receive” button in the upper right corner of the web page.

Click on it.

By default, you will be on the Send tab.

4. Enter the Amount and Paste the ETH Address

Now, you need to enter the amount of ETH that you wish to send.

Select Ethereum (ETH) in the Pay with the field.

Paste the ETH deposit address that you have copied from Binance (Step 2) in the To field.

Leave the Note field empty or you can write a note regarding the transaction.

Lastly, click “Continue”.

Upon clicking Continue, you will see a confirmation pop-up, which contains the transaction details along with the network fee.

Go through the details once and click “Send Now”.

After clicking on Send Now, you’ll be prompted to type the verification code; type it.

Then, click “Confirm”.

5. Check your Binance Account

If you are on the Deposit Crypto window in your Binance account, scroll a bit and reload the page to see the recent deposits.

Otherwise, tap on “Ethereum (ETH)” under Fiat and Spot.

Then, tap on “Deposit” to see the recent deposits.

Steps to Transfer Ethereum (ETH) from Coinbase Mobile Application to Binance Mobile Application

Tap on “Deposit” in the Binance Application
Copy the ETH Deposit Address
Tap on “Send” in Coinbase Application
Enter the Amount and Paste the ETH Address
Check the Binance Application

1. Tap on “Deposit” in the Binance Application

Launch the Binance mobile application.

Tap on the “Wallet icon” at the bottom of the mobile screen.

Then, tap on “Deposit”.

2. Copy the ETH Deposit Address

Now, navigate to the “Crypto” tab.

Make use of the search box to find the ETH.

Once you have found ETH, tap on it.

After tapping on ETH, you need to choose the Network. We have chosen “Ethereum (ERC20)” since we want the native version of ETH.

Now, you can see the ETH deposit address.

Tap on the “copy icon”.

**3. Tap on “Send” in Coinbase Application**

Open the Coinbase mobile application.

Now, you will see multiple options, such as Buy, Sell, Send, Convert, and Receive.

Tap on “Send”.

4. Enter the Amount and Paste the ETH Address

After tapping on Send, you need to select the crypto asset.

By default, there will be Ethereum (ETH) or one of the other assets that you own in the given box. If it is Ethereum (ETH), leave it as such.

Otherwise, tap on it to change the asset to Ethereum (ETH).

Then, type in the amount of ETH that you want to send to Binance.

You can tap MAX if you want to send all of your Ethereum.

After entering the amount, tap on “Continue”.

Next, paste the ETH deposit address that you have copied in Step2.

After pasting the ETH deposit address, tap on “Preview send”.

Now, you will be prompted with a preview of the transaction details along with the network fee. Tap on “Send now“.

At this point, Coinbase will send you a verification code. You need to type that code to proceed further.

You have successfully transferred Ethereum (ETH) from Coinbase mobile application to Binance mobile application.

5. Check the Binance Application

Head back to the Binance mobile application.

Tap on the “Wallet icon”.

Tap on “ETH” under “Assets” to see the recent transfers.

Conclusion

To send Ethereum (ETH) from Coinbase to Binance, you need to copy the ETH deposit address from Binance and select the right network.

It is important to choose the Network carefully when transferring between two exchanges. Make sure both exchanges support the selected Network.

You will lose your crypto assets permanently if you use an incorrect address or choose the wrong network.

FAQs

How to Transfer Ethereum (ETH) from Coinbase to Binance? ›

Yes, it is possible to transfer Ethereum (ETH) from Coinbase Pro to a wallet address provided by Binance.

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Can you transfer ETH from Coinbase to Binance? ›

Yes, it is possible to transfer Ethereum (ETH) from Coinbase Pro to a wallet address provided by Binance.

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How much does it cost to transfer from Coinbase to Binance? ›

The cost of transferring money from Coinbase to Binance depends on the currency you're transferring and the amount. For example, if you're transferring Bitcoin, you may be charged a network fee of around 0.0005 BTC, which is about $10. If you're transferring Ethereum, the fee may be around 0.003 ETH, which is about $5.

How do I transfer Ethereum from wallet to Binance? ›

Within your Trust Wallet, locate the option to send or transfer Ethereum. Enter the amount you wish to send and input your Binance Ethereum deposit address as the destination. Double-check the address to avoid any errors in the transfer process.

Can I transfer ETH directly to Binance? ›

Yes, you can transfer tokens between Ethereum and Binance Smart Chain (BSC) using a process called "cross-chain" or "bridging." Since Ethereum and Binance Smart Chain are different blockchain networks, you'll need to use a bridge service to facilitate the transfer.

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Is it possible to transfer from Coinbase to Binance? ›

On Coinbase, go to “Accounts”, select the crypto, click “Send”, enter the Binance wallet address, and proceed with the transaction. Verification times can vary, and you can track the transaction using a block explorer. If you need to transfer back to Coinbase, the process is similar but in reverse.

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What is the cheapest way to transfer from Coinbase to Binance? ›

What is the cheapest way to transfer from Coinbase to Binance? The cheapest way would be for you to convert your portfolios to xlm before transferring. Xlm has a fee of 0.1 which is significantly low.

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What is the cheapest coin to transfer from Coinbase to Binance? ›

What is the cheapest way to transfer from Coinbase to Binance? - Quora. So the best way to transfer between exchanges is to use XRP (RIPPLE) or XLM (STELLAR LUMENS). XRP is still not allowed on most exchanges since the lawsuit is still ongoing but it's starting to get listed again since the lawsuit is garbage.

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Does Coinbase report to IRS? ›

Under certain circ*mstances, Coinbase does report to the IRS, but that does not mean the individual taxpayers is not responsible for reporting. Coinbase's reports to the IRS can include forms 1099-MISC for US traders earning over $600 from crypto rewards or staking in a given tax year.

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Does it cost to move ETH from Coinbase to Wallet? ›

You can transfer crypto from one Coinbase user's primary balance to another user's primary balance without any charges. For transactions on cryptocurrency networks (i.e., transfers of cryptocurrency off the Coinbase platform), Coinbase incurs and pays network transaction fees (e.g., miner fees).

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Why can't I send ETH from Coinbase? ›

In some situations, accounts may be temporarily restricted from sending cryptocurrency off the Coinbase platform for a period of time. Other restrictions may also apply, depending on our internal security and risk assessment.

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Do I need ETH in my Coinbase Wallet to transfer? ›

If you're sending an ERC-20 token (eg. USDC, DAI, BAT, MKR, etc.), you will need ETH in your Wallet in order to pay a miner's fee when sending this cryptocurrency. This is because ERC-20 tokens are issued on the Ethereum blockchain and transactions on the Ethereum network, such as sending ERC-20 tokens, require Ether.

How do I transfer Ethereum to another wallet? ›

To send ETH, you indicate the address you want to send to and enter the amount you'd like to send. Let's look at an example of sending ETH with the multichain Bitcoin.com Wallet app: From the app's home screen, tap the send button then select ETH. Enter the ETH address you wish to send to.

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Does Binance have an ETH wallet? ›

Once you buy your ETH, go to your Binance wallet section and look for the ETH you purchased.

What network to send ETH from Binance to Coinbase? ›

Always use the ERC20 network to send your FET.

If you're on any other exchange, please send your tokens directly to Metamask.

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How to send tether from Coinbase to Binance? ›

Click on the “Deposit” button to obtain your Binance USDT wallet address. Copy the wallet address to your clipboard. Paste the Address in Coinbase: Return to your Coinbase account and paste the Binance USDT wallet address into the recipient address field. Double-check the address to ensure accuracy.

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