This article describes how to securely withdraw your crypto from Binance to your Ledger wallet. Withdrawing funds from Binance is a simple and straightforward process. However, it's important to note that there are multiple ways to accomplish this task, and the below walkthrough is just one example. Additionally, please be aware that the steps outlined are specifically for Binance, and may differ slightly from the process on Binance.us.
Before you start
- Download and install the latest version of Ledger Live.
- Install the apps you want to manage on your Ledger device.
- Use Ledger Live and your Ledger device to create your crypto accounts. Learn more
Correct network
Make sure to select the correct network on the exchange when withdrawing assets to your Ledger wallet. Ledger Live may not display crypto assets if you choose the wrong network. Learn more
Withdraw your crypto from Binance to your Ledger wallet
- Open the Ledger Live desktop app.
- Click Receive to generate a deposit address with your Ledger device.
- Select the cryptocurrency you wish to receive funds into, and verify the corresponding address displayed on your Ledger device for accuracy.
- Copy the address from Ledger Live and press both buttons simultaneously to approve it.
- Go to Binance and log in to your account.
-
Navigate to the "Wallet" tab and select "Overview."
-
Under "My Assets" select "Fiat and Spot."
-
Paste the deposit address you copied from Ledger Live and click Continue.
-
Select the network. Not sure which network to select? This article will help you.
-
Enter the amount you wish to send.
-
Select Withdraw and then Continue if everything looks good.
Security tip: Try sending smaller amounts first. Be sure the transaction was properly received before proceeding to send larger amounts.
- Open the Ledger Live mobile app.
- Choose the crypto asset you'd like to receive funds to.
- Tap Withdraw.
- Paste the address you retrieved from the Ledger Live mobile app.
- Enter the amount you wish to send.
- Review the transaction and tap Confirm.
- You might need to pass a verification questionnaire. Tap Verify Now.
- Proceed with the Risk prompts, if you agree to the terms. Tap Withdraw if everything looks good.
All done. Once the transaction is processed and confirmed on the blockchain, the balance will appear in Ledger Live.
You can track the status of your withdrawal in Binance's Recent Withdrawal section.