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Follow the steps to transfer BTC from one exchange to another

 

There are several crypto trading platforms in the crypto market that enable users to practice crypto trading or to purchase or sell many different cryptocurrencies. Among many of the top cryptocurrency exchanges, there is Binance and its competitor GDAX. Both of them hold the biggest reputation with billions of dollars as daily trading volume.

GDAX is a cryptocurrency exchange that lets trading between cryptocurrencies or with fiat currencies. The crypto trading platform was established five years ago. Coinbase is the owner of it. GDAX is also called Coinbase Pro. Binance on the other hand came in 2017 after GDAX. It came as a new entrant in the crypto space. This exchange has a large amount of crypto trading volume worldwide. 

Before going for any transfer, login into your Binance account

click Funds next to Deposits.

After clicking Deposits, choose crypto coin to transfer from GDAX to Binance

Suppose you make a selection for Bitcoin, you will get the Bitcoin address for Binance

Copy it to the same clipboard

After completing the steps on Binance, go to the GDAX account

After clicking the previous option, you will be directed again to the Withdrawal page.

Here you can choose cryptocurrency for withdrawal with the mentioned amount.

Paste the copied wallet address of Binance to the address box of the sender

After verification of details,  steps to transfer from GDAX to Binance are completed after pressing the Send button.

To know more details regarding how to transfer BTC from GDAX to Binance log on to the Cryptoknowmics. 

 

Cryptoknowmics

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