The Hands-On Guide! Securely Transferring BTC from Trezor to Binance Global

Transferring coins from Trezor (Hardware Wallet) back to Binance Global (Exchange) is usually done for the purpose of selling coins or exchanging them for other assets on the Exchange. This return transfer process differs from transferring out of an Exchange in that you must "Sign" the transaction through your Trezor device to confirm that only you are authorizing the transfer.

This guide will walk you through each step in detail to ensure your coin transfer is correct and secure.

Part 1: Preparing the Destination Address (from Binance Global)

First, you need to generate a Deposit Address on Binance Global to enter into Trezor Suite.

1.1 Copy the BTC Deposit Address on Binance Global

• Open the Binance Global app.
• Go to the “Assets” menu.
• Go to the "Deposit" or "Add Funds" menu.
• Select the deposit method. Here, choose “Deposit Crypto”.
• Select the coin you wish to receive. Here, choose “BTC”.
• Check the network. Ensure that the displayed network is "Bitcoin" only.
• A notification screen will appear confirming support for coin deposits, which supports deposits from all BTC Addresses starting with “1”, “3”, “bc1p”, “bc1q” of all standards. Click “Continue”.
• Copy Address: Binance Global will display the BTC Deposit Address for depositing coins (starting with bc1…). Copy this address or save the QR Code image below for receiving coins.

Part 2: Initiating the Transfer from Trezor Suite

Now we will go to Trezor Suite to initiate the coin transfer from Trezor.

2.1 Go to the "Send" page on Trezor Suite

• Connect your Trezor device to your computer, open Trezor Suite, and select the Bitcoin account where your coins are located.

• Click the "Send" tab at the top of the screen.

2.2 Fill in the Transfer Details

• Recipient Address: Paste the BTC address you copied from Binance Global.
• Caution: You should check the first 5 characters and the last 5 characters of the address you copied to ensure they match the address from Binance Global, to prevent errors.
• Amount: Enter the amount of BTC you wish to transfer back to Binance Global.
• Transaction Fee: Select your desired fee (higher fee means faster transfer). Trezor Suite will recommend an appropriate fee. Initially, a normal fee is recommended.
• Click "Send": Click the send button to prepare the transaction.

2.3 Confirm the details on Trezor

• (Very Important) You must 100% verify that the destination address on your Trezor device screen matches the BTC deposit address in Binance Global. This is because if the address is changed by malware on your computer, you will catch it at this stage, as the address on the Trezor device will still be the correct address.

• Confirm Address

• Confirm the amount of coins to send.

• Confirm the total amount of coins and the fee.

• Confirm the transaction signature.

2.4 Review the final transaction information on Trezor Suite and click send.

2.5 Check for success in Trezor Suite

Once your transaction shows “Sent BTC” and “Confirmed”, you have successfully completed the initial steps! Your digital assets have been sent to the Exchange.

You just need to check the status on Binance Global one last time to confirm the transfer and its completion.

Part 3: Confirming Success on Binance Global

• Receive coins on Binance Global: Once the Bitcoin network confirms the transaction as required by Binance Global (usually takes 10-30 minutes, depending on the transaction fee), the BTC coins will appear in your wallet on the Binance Global app.

You did it! This proves that you can truly control your coins and transfer them securely to the Exchange.