To transfer USDC from Coinbase to Binance, first, you need to copy the USDC deposit address to Binance.
Then, go to the Submit to Coinbase tab and paste the address.
Complete the verification process and confirm the transaction.
To transfer USDC from Coinbase to Binance, there will be a withdrawal fee of ~0.29 to 10 USDC applicable. The tariff may vary depending on network congestion and/or the type of network chosen.
- Steps to Transfer USDC from Coinbase to Binance
- Steps to Transfer USDC from Coinbase Mobile Application to Binance Mobile Application
Table of Contents:
Steps to Transfer USDC from Coinbase to Binance
1. Go to Fiat and Spot in Binance
Log in to your Binance account.
Now you will be able to see more options, such as Buy Cryptocurrencies, Markets, Trade, Derivatives, etc.
Click Wallet located in the upper-right corner of the webpage.
Then, click “Fiat and Spot”.
2. Copy the USDC deposit address
After clicking on Fiat and Spot, you will be able to see the list of assets.
Find USDC using the search box provided.
Once you find USDC, click “Deposit“.
After clicking Deposit, a Deposit Crypto window will pop up.
In that Deposit Crypto window, you need to select the network to view the USDC deposit address.
Be sure to select the network supported by both Coinbase and Binance. Otherwise, you will lose your crypto asset.
We are selecting the “Ethereum ETH Network”.
Then, click “Copy Icon“.
Note: The minimum deposit must be 0.00000001 USDC
3. Click “Submit” on Coinbase
Log in to your Coinbase account.
You will now be able to see the “Send/Receive” button at the top right corner of the webpage.
Click on it.
By default, you will be in the Send tab.
4. Enter the amount and paste the USDC address
Now, you need to enter the amount of USDC you want to send.
Select USDC in the Pay With field.
Paste the USDC deposit address you copied from Binance (Step 2) into the To field.
Leave the Note field blank, or you can write a note about the transaction.
Finally, click “Continue”.
By clicking Continue, you will see a confirmation pop-up, which contains the details of the transaction along with Coinbase and the network fee.
Go through the details once and click “Submit Now”.
After clicking Send Now, you will be prompted to type in the verification code; type it.
Then, click “Confirm”.
You have successfully transferred USDC from Coinbase to Binance.
5. Check your Binance account
If you are in the Deposit Crypto window in your Binance account, scroll a bit and reload the page to see recent deposits.
Otherwise, tap “USDC” under Fiat and Spot.
Then, tap on “Deposit” to see the recent deposits.
Steps to Transfer USDC from Coinbase Mobile Application to Binance Mobile Application
1. Tap “Deposit” in the Binance application
Launch the Binance mobile application.
Tap the “Wallet” icon at the bottom of the mobile screen.
Then, tap on “Deposit“.
2. Copy the USDC deposit address
Now, go to the “Crypto” tab.
Use the search box to find the USDC.
Once you find USDC, tap on it.
After tapping USDC, you need to select the network. We selected “Ethereum (ERC20) Network”.
You can now see the USDC deposit address.
Tap on the “copy” icon.
Note: The minimum deposit must be 0.00000001 USDC
3. Tap “Submit” in the Coinbase application
Open the Coinbase mobile application.
You will now see more options, such as Buy, Sell, Send, Convert and Receive.
Tap “Send“.
4. Enter the amount and paste the USDC address
After tapping Send, you need to select the crypto asset.
By default, there will be Bitcoin (BTC) or one of the other assets you own in the specified box. If it is different from the USDC token, tap on it to change the asset to USD Coin (USDC).
Then, type in the amount of USDC you want to send to Binance.
You can tap MAX if you want to send all your USDC.
After entering the amount, tap “Continue“.
Then, paste the USDC deposit address that you copied in step 2.
After pasting the address of your wallet, tap on “Send Preview”.
Now, you will be given a preview of the transaction along with the network fee. Tap “Send Now“.
At this point, Coinbase will send you a verification code. You need to type it in to proceed further.
You have successfully transferred USDC from the Coinbase mobile application to the Binance mobile application.
5. Check the Binance application
Return to the Binance mobile application.
Tap on the “Wallet” icon.
Tap “USDC” under “Assets” to see recent transfers.
conclusion
To send USDC from Coinbase to Binance, you need to copy the USDC deposit address and select the right network.
It is important to choose the network carefully when transferring between two exchanges. Make sure that both exchanges support the selected network.
You will lose your crypto assets permanently if you use the wrong address or choose the wrong network.
