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How to Withdraw Money from Phantom To Binance (Very Easy)
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Oct 25, 2024
Learn how to safely transfer your crypto from Phantom Wallet to Binance in this easy-to-follow tutorial. I'll walk you through each step of withdrawing SOL from your Phantom wallet and depositing it into your Binance account. Perfect for beginners, this straightforward guide ensures you'll complete your transfer quickly and securely, avoiding common mistakes in the process.
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0:00
Hey everybody, welcome into this new tutorial from Binance account
0:04
So if you're willing to send here your Solana of your Phantom wallet
0:08
or whatever token you have here into your Phantom wallet into Binance
0:12
and send that into so you can cast that out or if you want to cast that out of your bank account
0:19
you can totally do that. So first of all, what you guys need to do is to focus on the token that you want to receive
0:24
So for example, let's say that I want to receive the Solana token from my Phantom wallet
0:30
So first of all, let's see if we can't do this from Phantom into Binance
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So first of all, let's try to sign in. And after that, let's look for the wallet and Fiat and spot section
0:42
Once you're in here, let's try to filter our coin. In my case, I want to look for Solana
0:47
As you can see, it's right in here. So now we want to focus here on the action section and look for the deposit action so we can receive our coin
0:56
So in here into the deposit crypto it says select your coin I going to go with Solana once again And now it going to be asking us for a network right So if I go back into my Phantom wallet
1:09
I want to choose Solana, and I want to choose the option that says send
1:15
Now in here, it's going to be asking us for a received sole address, right
1:20
So after you choose the amount of talking, sometimes the Solana token operates with their own network
1:26
So the reason why we want to know this is because it's going to be asking us for a network
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So if you choose a network, you must choose the Solana network
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Otherwise, you might be losing your money. So it'll be really, really sure that you're using exactly the same network, guys
1:41
So it's going to be dropping us a address. So I want to go into Clip to copy this and go back into my Phantom wallet
1:49
And I can do exactly the same process. Send my Solana into this Solana receiptment address
1:56
mattress and choose if you want the maximum amount why not go into the next section and just confirm your transaction in my case i just need a little bit more of solana in order for making these transactions but you can guys just go ahead and go into
2:11
continue because in this case i just need a little bit more of solana and i'm just waiting into
2:16
and i'm actually waiting for a transaction to be successfully done so i kind of do that at the moment
2:21
but after you make the transaction you're going to go into your recently transactions that you can
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see right into your dashboard so you can go into solana totally
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and you might see that this are the tokens that you are gaining as you made the transaction so far
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So now what I want to do is to go back into my Binance account and look for my Fiatin spot
2:43
And once I am in here, you're going to see that your tokens are not going to be available into your finance account
2:50
In my case, I just have just a few of VMV. But now let's say that you want to cash out that money depending on the country that you're leaving
2:56
as the option is going to be available for us into Binance. If I go into the withdrawal section the only thing that I can do is to send that into another address or into another Binance user Or what I can do is to try to convert my token into the currency that works into my country
3:17
And after that, what I can do is to withdraw my money into my bank account
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So as you can see here, peers the currency and the withdrawal. We can make bank transfers from SEPA or your visa card
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This one, again, depends on the country you're leaving. That might be the reason why the channel is suspended
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And, well, my country, it's not able to receive pounds or heroes of dollars
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But if you can't do that, just go ahead and do it. Or I strongly recommend you guys to send your tokens directly into a wallet
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It can be compatible with the main currency that allows your bank account, your country
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So hopefully, it was a very useful video for you guys. Thank you so much for watching the video
3:58
Don't forget to like and subscribe to the channel. And hopefully, I would see you on the next. one
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