Transferring BNB from Binance to Trust Wallet is a straightforward process. By following the steps outlined in this blog post, you can easily move your BNB to Trust Wallet for secure storage and access to a wider range of DeFi applications.
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Steps to Transfer BNB from Binance to Trust Wallet
Step 1: Set Up Trust Wallet
First, ensure you have the Trust Wallet app installed on your Android or iOS device. Complete the simple setup process and enable the cryptocurrencies you want to receive from the Binance exchange.
Step 2: Copy Your Trust Wallet BNB Address
Open the Trust Wallet app and navigate to the BNB wallet. Click on “Receive” and copy the BNB wallet address. Make sure to carefully check the network you selected, as BNB is available on both the BNB Beacon Chain (BEP-2) and BNB Smart Chain (BEP-20).
Step 3: Add Your Trust Wallet BNB Address to Binance
Log in to your Binance account and navigate to the “Security” section. Click on “Manage” in the “Address Management” section. Choose “BNB” from the “Coin” drop-down menu and select “BEP20 (BSC)” under “Select Network”. Enter a name for the address under “Wallet Label” and paste the BNB wallet address copied from Trust Wallet under “Address”. Binance will automatically match the wallet address to the corresponding network to help prevent errors.
Step 4: Withdraw BNB from Binance to Trust Wallet
In the Binance account, navigate to the “Security” section and click on “Manage”. In the “Address Management” section, select “BNB” from the “Coin” drop-down menu. Choose “BEP20 (BSC)” under “Select Network” and enter the amount of BNB you wish to withdraw. Click “Withdraw” and complete the 2FA verification process.
Step 5: Check Your Trust Wallet
After the transfer is complete, you should see the BNB in your Trust Wallet account within a few minutes.
Conclusion
Moving BNB from Binance to Trust Wallet is an effortless task that safeguards your digital assets and offers access to a variety of DeFi applications. By adhering to the instructions provided in this blog post, you can effortlessly transfer your BNB to Trust Wallet and reap the advantages of self-custodial wallets.