Trust Wallet has a few providers that you can buy BNB (Binance Coin) from like Simplex and MoonPay.
However, their fees are extremely high—up to 5%, which will minimize your profits.
If you want to buy BNB, it’s highly recommended that you do so on Binance.
Creating a Binance account is quick, and its fees are one of the lowest—0.1%.
From Binance, you can transfer your BNB to your BNB wallet on Trust Wallet.
After you’ve transferred BNB to Trust Wallet, you can then use it on decentralized exchanges like PancakeSwap or Uniswap.
For example, you can swap BNB for SafeMoon.
In this guide, you’ll learn how to send BNB from Binance to Trust Wallet.
If you don’t have a Binance account yet, use the link or referral code below to create an account.
Get started on Binance here: https://www.binance.com/en/register?ref=73583477 or use “73583477” as the referral code.
How to send BNB from Binance to Trust Wallet
To send BNB from Binance to Trust Wallet, you need to copy your BNB address on Trust Wallet first.
Then, navigate to the “Send BNB” page on Binance, fill up the fields, and tap on “Withdraw”.
After you’ve tapped on “Withdraw”, Binance will prompt you to fill in a MEMO.
Here’s the pop-up message, “You did not fill in MEMO. Please confirm that the receipt address does not need to fill in MEMO, digital ID, or remark.
However, Trust Wallet does not have a MEMO, so you don’t have to provide one.
Hence, you can skip this step by tapping on “Confirm”.
Then, you’ll land on the confirmation page where you’ll have to tap on “Confirm” again.
Lastly, you need to complete a 2-step verification to submit your withdrawal request.
The withdrawal process typically takes about 30 to 60 minutes.
Here’s how you can send BNB from Binance to Trust Wallet:
- Copy your BNB address on Trust Wallet
- Navigate to the “Send BNB” page on Binance
- Withdraw your BNB from Binance to Trust Wallet
1. Copy your BNB address on Trust Wallet
The first step is to copy your BNB address on Trust Wallet.
To begin with, open Trust Wallet and navigate to your wallet.
On your wallet, you’ll see a list of cryptocurrency wallets that you can open.
This includes “Bitcoin”, “Ethereum”, “BNB”, and others.
Tap on “BNB” to open your BNB wallet on Trust Wallet.
After you’ve tapped on “BNB”, you’ll land on your BNB wallet.
On your BNB wallet, you’ll see four icons including “Send”, “Receive”, “Copy”, and more.
Tap on the “Copy” icon to copy your BNB address.
This will copy your BNB address on Trust Wallet to your clipboard where you can paste it later on.
You’re required to paste this address on the “Send BNB” page on Binance.
2. Navigate to the “Send BNB” page on Binance
Now that you’ve copied your BNB address on Trust Wallet, you need to open the Binance app.
Firstly, download the Binance app on the App Store or Google Play Store.
After you’ve downloaded the Binance app, log in to your account.
In this guide, you’ll need to use the lite version of Binance.
If you’re not on the lite version of Binance, you can enable it by tapping on your profile icon.
After you’ve tapped on your profile icon, you’ll see a “Binance Lite” option.
Tap on the “Binance Lite” option to enable it.
Next, tap on the wallet icon on the bottom navigation bar of the app.
This will open your portfolio.
Under the “Assets” header, tap on “BNB” to open your BNB wallet.
After you’ve tapped on “BNB”, you’ll land on your BNB wallet on Binance.
On your BNB wallet, you’ll be able to see your BNB balance and transaction history.
If you don’t have any BNB, you need to buy it on the app first.
Next, tap on the “Withdraw” button to withdraw your BNB.
3. Withdraw your BNB from Binance to Trust Wallet
After you’ve tapped on “Withdraw”, you’ll land on the “Withdraw BNB” page.
On the “Withdraw BNB” page, you’ll see multiple fields.
This includes “Address”, “Network”, “MEMO”, and “Amount”.
Firstly, paste your BNB address from Trust Wallet on the “Address” field.
You should have copied this address in the first step.
Secondly, make sure that the “Network” field is set to “BEP2”.
If it isn’t, tap on the “Network” field and select “BEP2”.
Thirdly, enter the amount of BNB that you want to withdraw.
The minimum amount of BNB that you need to withdraw from Binance is 0.02 BNB.
If you don’t have 0.02 BNB, you need to buy more on the exchange first.
Next, tap on “Withdraw” to withdraw your BNB.
After you’ve tapped on “Withdraw”, Binance will prompt you to enter a MEMO.
Tap on “Confirm” to skip this step as Trust Wallet does not have a MEMO.
Then, tap on “Confirm” again on the confirmation page.
Lastly, complete the 2-step verification and submit it.
After you’ve completed the 2-step verification, you’ll land on the “Withdrawal request submitted” page.
The withdrawal process will typically take 30 to 60 minutes to complete.
You’ve successfully learned how to withdraw BNB from Binance to Trust Wallet!
Conclusion
Buying BNB from a cryptocurrency exchange like Binance and sending it to your BNB wallet on Trust Wallet will maximize your profits.
This is because the spot trading fees on Binance are very low (0.1%).
If you were to buy BNB on Trust Wallet, you’ll need to pay a fee of up to 5%.
Hence, buying cryptocurrencies from Binance is the prime choice.
After you’ve sent the cryptocurrency to Trust Wallet, you’ll be able to use it to swap for another token on a decentralized exchange like PancakeSwap or Uniswap.
Further reading
Best Binance Referral ID Code in 2021
