Some users need to transfer assets from Binance to Coinbase — for cashing out on a US-compliant platform or diversifying holdings. This article provides a detailed walkthrough.
Make sure you have a Binance account. If not, register a Binance account first. We recommend getting the Binance APP for withdrawals.
Step-by-Step Instructions
Step 1: Get the Deposit Address on Coinbase
- Open the Coinbase APP
- Tap "Receive"
- Select the cryptocurrency you want to receive
- Coinbase will display the deposit address and corresponding network
- Copy the address
Note: Coinbase may have limited network options — for example, ETH typically only supports the ERC20 network.
Step 2: Initiate Withdrawal on Binance
- Log in to Binance
- Go to "Wallet" > "Withdraw"
- Select the cryptocurrency to transfer
- Paste Coinbase's deposit address
- Select the same network as Coinbase
- Enter the amount
- Complete security verification
- Confirm the withdrawal
Step 3: Confirm Arrival
- Get the TxID from Binance's withdrawal history
- Check the deposit status in Coinbase's transaction history
- Verify the balance after arrival
Important Notes
Coinbase supports limited networks: Coinbase may not support all networks. For example, USDT on Coinbase might only support ERC20, not TRC20. Always verify which networks Coinbase supports before proceeding.
BTC or ETH are recommended: Due to Coinbase's limited network support, transferring BTC (BTC network) or ETH (ERC20) is the safest option.
USDT note: If transferring USDT to Coinbase, confirm that Coinbase supports USDT and check which networks are available. Coinbase's USDT support may vary by region.
Fee Information
Withdrawal fees from Binance to Coinbase are charged by Binance and depend on the cryptocurrency and network:
- BTC (BTC network): approximately 0.0001–0.0002 BTC
- ETH (ERC20): approximately 0.001–0.005 ETH, higher during gas spikes
- ETH (Base network): extremely low fees if Coinbase supports Base L2
Tips for Saving on Fees
- Use the Base network: Coinbase's own Base L2 network has very low fees — use this if Binance supports it
- Avoid network congestion: Ethereum gas fees are usually lower during US nighttime hours
- Consolidate before transferring: Avoid frequent small transfers; combine and send in one transaction
FAQ
Q: Coinbase doesn't show a deposit option for a certain cryptocurrency? A: Coinbase doesn't support all cryptocurrencies. If the one you want to transfer isn't supported, convert it to a Coinbase-supported coin on Binance first.
Q: How long does a transfer from Binance to Coinbase take? A: BTC takes about 30–60 minutes, ETH about 5–30 minutes. Coinbase may require more block confirmations.
Q: Why does Coinbase show my funds as unavailable? A: Coinbase may need more block confirmations. Once fully confirmed, the funds will become available.
Q: Can I convert crypto to USD directly on Coinbase? A: Yes, Coinbase supports selling crypto and withdrawing to a US bank account.
Summary
Transferring crypto from Binance to Coinbase isn't difficult — the key is confirming that Coinbase supports your chosen cryptocurrency and network. BTC and ETH are the safest bets. Just double-check the address and network match, and you're good to go.
Register on Binance as your primary trading platform.