Withdrawing USDC from Binance
Binance allows you to withdraw USDC straight to the Polygon network, as explained in the guide below.
Last updated
Binance allows you to withdraw USDC straight to the Polygon network, as explained in the guide below.
Last updated
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.
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.
If you input the wrong information or select the wrong network when making a transfer, your assets will be permanently lost. Please, make sure that the data is correct before making a transfer.
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 You have now withdrawn $USDC from Binance to Metamask.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.