How To Find Your Binance Wallet Address?

Vignesh Karunanidhi
How To Find Your Binance Wallet Address?
Source: Reuters

Binance is one of the world’s largest crypto exchanges. In 2017, the exchange began offering services. It has more than 30 million users worldwide. The exchange is straightforward and offers a cheap transaction fee. It also offers trading choices for over 600 crypto assets.

Every user has their own unique wallet address. The wallet address is basically a combination of characters that acts as a source for receiving crypto assets. It includes alphanumeric codes and is randomly generated during the creation of a wallet or an account on any exchange.

The wallet address is a necessity in the crypto realm. It facilitates the send/receive of crypto assets from any platform or wallet. Here is how you can check your Binance wallet address.

How to Find your Binance wallet address?

If you are a Binance user and hold your assets on the exchange, the custody of the assets rests with the exchange. So, rather than you holding your crypto in a decentralized wallet, holding crypto on Binance is different.

Despite this, you can still check your wallet address. But the address mainly depends on the blockchain and the asset.

If you wish to check your wallet address, all you have to do is go to the “Spot” section in the app or website. Click on “deposit” and select the coin of your choice. Once that is done, click on the network that you wish to select, and your wallet address will be displayed.

You can either send the wallet address or share the QR code with anyone to send or receive crypto. Make sure that you double-check before sending any crypto to any address.

Primarily, you have to ensure that the wallet address is correct. Secondly, you also have to make sure that the selected token, network, and wallet address are the same.