In this tutorial, I’m going to work you through how to transfer your funds from Binance and Coinbase.
Contents
Which assets should I use for transferring funds between exchanges?
To avoid price fluctuations while transferring assets, we recommend using stable coins rather than other cryptocurrencies. If you’re fine with USDT, then you could use USDT on TRC20 network. It’s free and fast. But if USDT is not your type and you’re more comfortable with USDC, it’s also available on both Binance and Coinbase.
Transfer the assets from Coinbase
Coinbase is the best fiat gateway for investors in the United States. It’s fully regulated and the biggest exchange in the US.
Transfer the assets from Binance
Binance provides a wide range of assets for deposit and withdrawal. Rule No.1 for transfer your assets, make sure the deposit and withdrawal network are the same or you might lose your assets.
How to transfer USDT from Binance to Pionex?
Step 1. Get your Pionex USDT-TRC20 address on the deposit page
- Click the black triangle and select USDT.
- Select TRC20 network.
- Click “COPY”
Step 2. Visit the withdrawal page on Binance, select USDT and TRC20 network
1. Click “Wallet” and select “Fiat and Spot”
2. Then click “Withdraw” and choose “USDT”
3. Paste USDT(TRC20)address you copied in Pionex.
4. Select TRC20 network. Attention: If the network is wrong, your coin will be lost.
5. Input the amount you want to send.
6. Click “Withdraw” and enter password.
You’ll see the USDT in your Pionex account about two minutes after withdrawal.
How to transfer USDC from Binance to Pionex?
Step 1. Get your Pionex USDC address on the deposit page
- Click the black triangle and select USDC.
- Select ERC20 network.
- Click “COPY”.
Step 2. Visit the withdrawal page on Binance, select USDC
Attention: Put the USDC Address of Pionex into Recipient’s USDC address and select ERC20 network. If the network is wrong, your coin will be lost.
How to transfer USDC from Coinbase to Pionex?
Step 1. Get your Pionex USDC address on the deposit page
- Click the black triangle and select USDC.
- Select ERC20 network.
- Click “COPY”.
Step 2. Visit the withdrawal page on Coinbase, select USDC
1. Click “Home”
2. Click “USD Coin”
3. Enter the amount you want to send
4. Enter the address you copied in Pionex
7. Click “Continue” and enter your password
You’ll see the USDC in your Pionex account about 1 hour after withdrawal.
What’s next?
Congratulation! You have now deposited USDT or USDC into your Pionex account and are ready for the automated trading bots. Before starting the bot, there’re few more tutorials that you might be interested in:
2.What is the best choice for beginners to start their first bot?