Find out your cryptocurrency wallet address on Binance to receive payments from platforms or contacts in the cryptocurrency of your choice.
If you want to receive a payment on Binance but don’t know your wallet address, there’s no need to worry. Here, we will explain the steps you need to follow to find your wallet address for the cryptocurrency in which you want to receive payment.
Although most platforms offer the ‘International Bank Transfer’ payment method, it is not always advisable to use this method due to the high fees charged by banks for receiving money into the account holder’s account. Another alternative is the ‘Local Bank Transfer’, whereby your earnings are sent through a local bank.
Unfortunately, some websites and platforms, such as Paxum, no longer offer the ‘Local bank transfer’ service in most Latin American countries (except Colombia), Russia, Ukraine, India, New Zealand and other countries where this is the only available payment method.
- External Visa or Mastercard in Euros (Not applicable in some countries)
- USDT or USDC cryptocurrencies
Therefore, the only way to withdraw your earnings is through cryptocurrencies. For this, you will need a wallet address.
In this guide, I will demonstrate how to withdraw earnings in USDT or USDC, which are cryptocurrencies that have almost the same value as the dollar. However, the platforms pay slightly less in order to earn their commission.
How do I find my cryptocurrency address on Binance?
It’s very easy! If you don’t have a Binance account yet, you can register via this link:
Once you have created and logged into your account, please follow these steps:
- In the top right-hand corner, you will see a button labelled “Deposit”.
- A submenu will appear. You will then need to select the “Deposit Crypto” option.
- You must select the cryptocurrency accepted by the platform on which your earnings are held. Examples include Bitcoin, USDT, USDC, ETH and DOGE. In the case of Paxum, payments are made in USDT or USDC. You must therefore select one of these cryptocurrencies and the network you are going to use, such as ERC20 or TRC20.
- Once you have made your selections, your wallet address for the chosen cryptocurrency will appear, along with a QR code for making payments with your mobile phone, if applicable. Copy and paste this address into the platform to which you want to transfer funds.
- That’s all set! From this page, you can choose which cryptocurrency you would like to receive payments in.
Will my wallet address always remain the same so that I can continue to receive payments?
- According to Binance, your wallet address changes each time you receive a payment, for security reasons and to protect the privacy of your transactions. You will be notified on the same page if your wallet address changes.
- To ensure your payments arrive without issue, please check that your wallet address is correct and up to date.
What happens if I receive a payment to an old address?
- Deposits to a previous network address will not be credited automatically, so you will need to credit them manually via the Binance ‘Deposit History’ page.
That’s it! I hope this guide has helped you to find your cryptocurrency wallet address on Binance. If you have any questions or concerns, please leave a comment.
Don’t have a Binance account yet?