Binance is one of the leading crypto exchanges in the world and what makes Binance so popular is the fact that the company offers its users the freedom to earn, hold, spend, share and give their money. Binance was launched about 5 years ago in July 2017 by Changpeng Zhao and within a year Binance grew to become the largest cryptocurrency exchange in the world. Binance offers several cryptocurrencies on its platform including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dogecoin and several others, in fact there is more than 200 cryptocurrencies available on the platform. What also makes Binance popular with crypto traders is the fact that it has low trading fees and therefore customers can realise huge profits as compared to other crypto exchanges. Binance can be accessed through its website or mobile App. Binance is available in several countries around the world including Kenya, and this article seeks to explain how you can withdraw from Binance to Mpesa.
Withdrawing from Binance to Mpesa?
You need to follow the instructions below in order for you to be able to withdraw from Binance to Mpesa;
Visit the official Binance website at https://www.binance.com/ and login
Click on ‘Withdraw’ from your account.
Select the cryptocurrency you want to withdraw.
Select the network (in this case, the network is Mpesa)
Please note that you will also see the network fees for this transaction and you must make sure that the network matches the addresses network entered to avoid withdrawal losses.
Proceed by entering the recipient address or select from your address book list.
Enter the withdrawal amount and you will be able to see the corresponding transaction fee and the final amount you receive.
Click on the ‘Withdraw’ option to proceed.
You need to verify the transaction in order for it to be successful because if you input the wrong information or select the wrong network when making a transfer, your assets will be permanently lost.
If everything is in order, click Submit. You’ll be able to see your outgoing withdrawals in your Transaction history.
Please note . Please, make sure that the information is correct before making a transfer.