Transferring coins from OneKey (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 will need to "sign" the transaction via your OneKey device to confirm that only you have authorized the transfer.
This guide will walk you through each step in detail to ensure your coin transfer is accurate and secure.
Part 1: Preparing the Destination Address (from Binance Global)
First, you need to create a Deposit Address on Binance Global to enter into the OneKey App.
1.1 Copy the deposit address for BTC on Binance Global
- Access 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: Make sure the network displayed is "Bitcoin" only.
- A notification screen will appear regarding supported deposit addresses, which supports deposits from all BTC Addresses starting with “1”, “3”, “bc1p”, “bc1q” of all standards. Click “Continue” or “Next.”
- Copy Address: Binance Global will display the BTC Deposit Address for depositing coins (starting with bc1…). Copy this address and keep it ready. Alternatively, save the image below to save the QR Code for receiving coins.
Part 2: Initiating the Transfer from OneKey App
Now we will enter the OneKey App to command OneKey to transfer coins.
2.1 Go to the "Send" page on OneKey App
- Connect your OneKey device to your mobile and open the OneKey App, then select the Bitcoin account you have coins in.
- Tap the "Send" tab on 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 and 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 the fee you desire (higher fee means faster transfer). OneKey App will suggest a suitable fee for you. Initially, we recommend "Normal".
- Press "Preview": Press Preview to prepare the transaction.
2.3 Confirm the accuracy of the details on OneKey
- (Very Important) You must verify that the destination address on the OneKey device screen matches the BTC deposit address on Binance Global 100%. This is because if the address is changed by malware on your computer, you will be able to detect it at this stage, as the address on the OneKey device will still be the correct one.
- Confirm the amount of coins to send.
- Confirm the total amount of coins and the fee.
- Confirm the transaction signing.
2.4 Review the final transaction details on the OneKey App and press send.
2.5 Check for success in the OneKey App.
When your transaction shows “Sent BTC” and “Confirmed”, it means you have initially succeeded! 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: Verifying Success on Binance Global
- Receive coins on Binance Global: Once the Bitcoin network confirms the transaction as required by Binance Global (usually taking 10-30 minutes) (depending on the transaction fee), the BTC will appear in your Wallet on the Binance Global app.
You have succeeded! This proves that you truly have control over your coins and can safely transfer them to the Exchange.
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