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Withdrawing USDC from Binance

Binance allows you to withdraw USDC straight to the Polygon network, as explained in the guide below.

Binance is a Centralized Exchange (CEX) where you can buy tokens using multiple fiat currencies in various payment methods. To purchase cryptocurrencies on Binance, you must first complete their Identity Verification and 2 Factor Authentification process.

Withdraw USDC to Polygon

Step 1: On the Binance home page, navigate to Wallet -> Overview

Step 2: Click Withdraw on the top left.

Step 3: Fill in the information as stated below.

Select coin: Select USDC

Send to: Paste your Polygon wallet address into the Address field and select MATIC Polygon as Network

Withdraw Amount: Enter the withdrawal amount. You will be able to see the corresponding transaction fee and the final amount you receive.

Step 4: Click Withdraw to proceed.

Step 5: You need to verify the transaction. Please follow the on-screen instructions.

NOTE: Binance will deduct a fee for the withdrawal.

Done! You have now withdrawn $USDC from Binance to Metamask. Your assets will arrive in your wallet shortly, ready for use in the PoolTogether App.

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