Most of the time you will require to transfer you crypto assets from one wallet address to another. You might want to transfer your crypto from your exchange to another exchange, from your exchange to your private wallet address or vice versa.
Transferring crypto assets from one wallet address to another is very easy. You just have to remember that you are transferring the correct cryptocurrency. For example, if you are transferring an Ethereum, you should only be transferring Eth to that Ethereum address. If you transfer the wrong assets then all that will be lost.
If you are transferring to a wallet address for the first time, it is advisable to transfer a small amount first just to make sure that it will get to that wallet address.
You can also track almost all transactions that you do in the blockchain.
On this tutorial, we will transfer Ethereum from our Coins.ph wallet address to our Binance wallet address.
If you don’t have an account with Binance yet, please create an account using this referral link https://www.binance.com/?ref=13137922
Log in to your binance account.
On the menu, go to “Funds” and click on “Deposits”.
On the deposit panel, click on the box to bring out the cryptocurrency selection window.
On the search field enter “eth” then select “ETH-Ethereum”
Copy the Ethereum Address or show QR code.
On your Coins.Ph account (we are using web version not phone), click on “My Wallet” then select “ETH”.
Click on “Send”.
Fill in the amount you want to send, paste the wallet address that you copied from binance, enter a short description then click on “Continue”.
Tick all the terms and condition boxes then click on “Send”.
Enter the verification code then submit.
This is not financial advice or investment advice. Everything we cover here is my experiences, opinions and what I would do. Please do your own research.