Trust Wallet has some providers from which you can buy BNB (Binance Coin) such as Simplex and MoonPay.
However, their commissions are extremely high, up to 5%, which will minimize your profits.
If you want to buy BNB, we strongly recommend that you do so on Binance.
Creating a Binance account is quick and its fees are among the lowest: 0.1%.
At Binance, you can transfer your BNB to your BNB wallet to Trust Wallet.
After transferring BNB to Trust Wallet, you can use it on decentralized exchanges like PancakeSwap or Uniswap.
For example, you can exchange BNB for SafeMoon.
In this guide, you will learn how to send BNB from Binance to Trust Wallet.
If you don’t have a Binance account yet, please use the link or referral code below to create an account.
Start on Binance here: https://www.binance.com/en/register?ref=73583477 or use “73583477” as your reference code.
Table of Contents:
How to send BNB from Binance to Trust Wallet
To send BNB from Binance to Trust Wallet, you must first copy your BNB address to Trust Wallet.
Then, go to the “Send BNB” page on Binance, fill in the fields and tap on “Withdraw”.
After tapping “Withdrawal”, Binance will ask you to fill out a MEMO.
Here’s the pop-up message, “You haven’t compiled MEMO. Please confirm that the receiving address does not need to fill in MEMO, digital ID or observation.
However, Trust Wallet doesn’t have a MEMO, so you don’t need to provide one.
Then, you can skip this step by tapping on “Confirm”.
Then, you will land on the confirmation page where you will have to tap on “Confirm” again.
Finally, you need to complete a 2-step verification to submit your withdrawal request.
The withdrawal process typically takes 30 to 60 minutes.
1. Copy your BNB address to Trust Wallet
The first step is to copy your BNB address to Trust Wallet.
To get started, open Trust Wallet and go to your wallet.
On your wallet, you will see a list of cryptocurrency wallets that you can open.
This includes “Bitcoin”, “Ethereum”, “BNB” and others.
Tap “BNB” to open your BNB wallet on Trust Wallet.
After tapping on “BNB”, you will land on your BNB wallet.
On your BNB wallet, you will see four icons including “Send”, “Receive”, “Copy” and more.
Tap the “Copy” icon to copy your BNB address.
This will copy your BNB address to Trust Wallet in the clipboard where you can paste it later.
You are prompted to paste this address into the “Submit BNB” page on Binance.
2. Go to the “Send BNB” page on Binance
Now that you have copied your BNB address to Trust Wallet, you need to open the Binance app.
First, download the Binance app on the App Store or Google Play Store.
After downloading the Binance app, sign in to your account.
In this guide, you will have to use the lite version of Binance.
If you are not on the lite version of Binance, you can enable it by tapping on your profile icon.
After tapping on your profile icon, you will see a “Binance Lite” option.
Tap on the “Binance Lite” option to enable it.
Then, tap on the wallet icon in the bottom navigation bar of the app.
This will open your wallet.
Under the “Assets” heading, tap “BNB” to open your BNB wallet.
After tapping “BNB”, you will land on your BNB wallet on Binance.
On your BNB wallet, you will be able to see your BNB balance and transaction history.
If you don’t have any BNB, you need to buy it on the app first.
Then, tap on the “Withdraw” button to pick up your BNB.
3. Withdraw your BNB from Binance to Trust Wallet
After tapping on “Withdraw”, you will land on the “Withdraw BNB” page.
On the “Withdraw BNB” page, you will see more fields.
This includes “Address”, “Network”, “MEMO” and “Amount”.
First, paste your BNB address from Trust Wallet into the “Address” field.
You should have copied this address in the first step.
Secondly, make sure that the “Network” field is set to “BEP2”.
If not, tap on the “Network” field and select “BEP2”.
Thirdly, enter the amount of BNB you want to withdraw.
The minimum amount of BNB you need to withdraw from Binance is 0.02 BNB.
If you don’t have 0.02 BNB, you need to buy more on the exchange first.
Then, tap “Withdraw” to pick up your BNB.
After tapping “Withdrawal”, Binance will ask you to enter a MEMO.
Tap “Confirm” to skip this step since Trust Wallet does not have a MEMO.
Then, tap “Confirm” again on the confirmation page.
Finally, complete the 2-step verification and submit it.
After completing the 2-step verification, you will land on the “Withdrawal Request Sent” page.
The withdrawal process will typically take 30 to 60 minutes to complete.
You have successfully learned how to withdraw BNB from Binance to Trust Wallet!
Conclusion
Buying BNB from a cryptocurrency exchange like Binance and sending it to your BNB wallet on Trust Wallet will maximize your profits.
This is because spot trading fees on Binance are very low (0.1%).
If you were to buy BNB on Trust Wallet, you will have to pay a commission of up to 5%.
So, buying cryptocurrencies from Binance is the main choice.
After sending the cryptocurrency to Trust Wallet, you will be able to use it to exchange another token on a decentralized exchange such as PancakeSwap or Uniswap.
