Coinbase and Binance are two of the largest cryptocurrency platforms in the world and they are currently offering trading services for users and traders. Both of these exchanges can be very useful for individuals to hold, buy and sell virtual currencies for a wide range of tokens and fiat currencies.
While Binance can be a great platform to handle tokens, Coinbase provides users with the possibility to have large liquidity on several fiat pairs. This is why it is important to understand how to easily move funds from these two exchanges.
Read More: How To Move Funds From Binance To Coinbase
How to Transfer Funds From Coinbase to Binance?
In order to do so, the best thing is to have a Coinbase Pro account. Coinbase Pro is the professional platform provided by Coinbase in order for traders to manage their trades and funds.
The main advantage of Coinbase Pro is related to the fact that it does not have withdrawal fees for traders. If you have no withdrawal fees, that means that it will be cheaper for you to send your funds to Binance from Coinbase Pro.
On the right side of the screen, you will have the portfolio option where you will be able to handle your funds held on Coinbase Pro. You must click there on the “Portfolio” button as you can see in the image below.
Once you open the portfolio page you will have all the information about the funds you hold on the Coinbase Pro platform. In order to transfer funds from Coinbase to Binance, we will have to click on the “Withdraw” button and select the currency we want to withdraw.
You will have to select the Crypto Address option after choosing the digital asset you want to transfer from Coinbase to Binance. A new screen will pop-up with all the remaining information you must provide to complete the transfer.
Here you will have to provide your Binance address to deposit the funds and the maximum amount of coins that you want to transfer from Coinbase to Binance. Remember that this is only possible for the cryptocurrencies that are supported by both platforms. If you have any doubts don’t hesitate to write a comment.