Deposit funds into your Fiat and Spot wallet
Last updated
Last updated
In this example, we will be depositing BNB from Trust Wallet.
1. Log in to your Binance account. Once you’ve logged in, move your mouse to [Wallet], and click on [Fiat and Spot].
2. Click on [Deposit].
3. Select the [Crypto] tab.
4. Choose the cryptocurrency you’d like to deposit.
5. If the cryptocurrency is issued on multiple networks, select which one you’d like to make your deposit on.
For example, BNB is issued on Binance Chain as a BEP-2 token, Binance Smart Chain (BSC) as a BEP-20 token, and Ethereum as an ERC-20 token. As such, if you have BEP-2 tokens in the wallet you’re sending from, choose the BEP-2 deposit address. Be extra careful with this step. If you deposit to the wrong address, you might lose your deposit.
6. Depositing BNB requires both a deposit address and a MEMO. You’ll need to copy and paste them both in the appropriate fields in the wallet you’re depositing from.
Why is a MEMO needed? Because the BNB deposit address is identical for all Binance users. The MEMO is a unique identifier assigned to each account that allows Binance to identify a deposit and credit the appropriate account.
7. Tap on [BNB] in your Trust Wallet.
8. Tap on [Send].
9. This field is where you’ll need to paste the deposit address and MEMO from the deposit page on Binance. You can also use your phone camera to scan the QR code.
10. Confirm the transaction. Once you’ve sent it from your Trust Wallet, you can look at its status in a blockchain explorer by searching for the transaction ID. We recommend the official Binance Chain explorer.
11. You’ll be able to see your incoming deposit under your Transaction history on Binance.