Binance FAQ Part 5

Binance has continued to attract the attention of both old and new crypto users. Millions of crypto users around the world use this exchange, making it the largest exchange by trade volume. We’ve been answering lots of questions in our Binance FAQ series, and this will be another in the series.

If you missed our Binance FAQ part four, you can get it here. Now, let’s look at what the public wants to know about Binance.

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Where Binance Wallet Address?

If you want to receive crypto on Binance, finding your Binance wallet address isn’t such a hard task. Here’s how to go about it

  1. Go to “Fiat and Spot” under the wallet icon

2. Click on “Deposit” after selecting the cryptocurrency you want to receive.

3. You’ll land on the deposit page for Bitcoin if that is what you selected.

4. You’ll see details of the deposit, including your wallet address. You can copy the link and send it to the person who is sending you the crypto. Additionally, you can ask them to scan the QR code of your wallet address.

Binance, Where to Find Wallet Address

Binance has its own BSC address. You can find your BSC address on Trust Wallet or MetaMask. Using Trust Wallet, here are the steps.

  1. Create a new wallet address and safeguard your 12-word seed phrase. Always safeguard your seed phrase or risk losing your funds.

2. After creating a wallet, click [Smart Chain] – [Receive] to get your BSC address. You can also use the QR code to copy the address or click [Share] to share your address.


Will Binance Burn Luna Classic?

Binance recently announced plans to embrace the Terra update. But no official statement has been made on the Luna classic burn. After the Terra community agreed to a 1.2% tax and burn program, it does look like Binance will be supporting it.

Binance to Business

Binance allows customers to open a corporate account for their businesses. This is in addition to individual accounts. Known as the Binance entity account, businesses have a chance to enjoy unique services such as 

  • Broker program
  • Sub-accounts
  • API floating

Click this article to set up a Binance entity account.

Binance to Trust Wallet

You can transfer your assets from Binance to your Trust Wallet securely. However, you need to know that losing your private keys on Trust Wallet means waving goodbye to your wallet and losing your funds. It’s up to you to keep your account safe. Here’s how to move funds from Binance to Trust Wallet.

That’s it for our Binance FAQ for now. We hope you like it. You can read our previous editions here.

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That’s it for our Binance FAQ for now. We hope you like it. You can read our previous editions here.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Do your own due diligence and rating before making any investments, and consult your financial advisor. The researched information presented we believe to be correct and accurate; however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.


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