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December 28th , 2024

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GUIDE: TRANSFERRING USDT FROM OKX TO BINANCE ACCOUNT

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Finance

20 hours ago



Here’s a step-by-step guide with detailed instructions to transfer USDT from your OKX wallet to Binance:



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Step 1: Access Your OKX Wallet


1. Open the OKX app or platform where your USDT is stored.



2. If you need to recover your wallet using the seed phrase:


Install a compatible wallet app (e.g., OKX Wallet, Trust Wallet, or MetaMask).


Select Restore Wallet and enter your seed phrase:

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Confirm restoration and access your wallet.






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Step 2: Select the Network to Use


USDT supports multiple blockchain networks.


TRC20 (Tron): Cheapest fees and fast transactions (preferred for most users).


ERC20 (Ethereum): High fees but universally supported.


BEP20 (Binance Smart Chain): Low fees and ideal for Binance users.




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Step 3: Get Your Binance Deposit Address


1. Log in to your Binance account via the app or website.



2. Navigate to Wallet > Fiat and Spot > Deposit.



3. Choose USDT as the cryptocurrency to deposit.



4. Select your desired network (e.g., TRC20, ERC20, or BEP20).


For example, if you choose TRC20, you must send USDT on the Tron network.


5. Copy the deposit address provided.





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Step 4: Transfer USDT from OKX to Binance


1. Go to the Withdraw or Send section in your OKX wallet.



2. Select USDT from your list of assets.



3. Paste the Binance deposit address you copied earlier.



4. Select the network:


If you selected TRC20 in Binance, choose TRC20 in OKX.


Ensure the network matches to avoid losing funds.


5. Enter the amount of USDT to transfer.


6. Review the withdrawal details carefully:


Deposit address.


Network (e.g., TRC20, ERC20, or BEP20).


Amount to send.


Withdrawal fees (TRC20 typically costs 1 USDT; ERC20 fees vary by congestion).




7. Confirm the transaction and approve any security prompts (e.g., 2FA, email confirmation).





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Step 5: Track the Transaction


1. After confirming, you’ll see a transaction ID (TxID) in the OKX app.



2. Use a blockchain explorer to track the transfer:


TRC20: Tronscan.


ERC20: Etherscan.


BEP20: BSCScan.




3. Wait for confirmations (usually 1-10 minutes depending on the network).



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Step 6: Verify in Binance


1. Once the transaction is complete, check your Binance account under Wallet > Fiat and Spot.



2. Your USDT balance should reflect the transferred amount minus the withdrawal fees.





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Tips for Secure Transactions


Always double-check the deposit address and selected network.


Avoid high network fees by choosing TRC20 or BEP20 unless ERC20 is necessary.


Store your seed phrase securely and never share it with anyone.



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