How to Transfer Funds from Binance to Exness

This is a quite easy task for you to withdraw money from binance to exness with the right method. Wherever your funds may come from, whether transforming crypto into fiat, it’s good to know how to get these transfers from the starting point to have them arrive quickly and safely at Exness. We’ll explain step by step how, and we’ll also write about what we think you should keep in mind in the meantime.

What is Binance and Exness?

Binance is the world’s largest cryptocurrency exchange. This enables users to buy and sell a large range of cryptocurrencies: Bitcoin and Ethereum among them, but also countless altcoins. No one in the crypto space has not heard of Binance, one of the most known crypto exchanges for beginners and advanced traders, offering services like margin trading, staking, and futures contracts.

Binance

Also note that Exness is mostly referred as global forex trading platform, and related services (market for CFDs on commodities, stocks and indices) Exness has become popular in the Forex industry for its low spreads, fast execution, and leverage. Binance, a crypto-only exchange, and Exness, which focuses on the classical financial markets.

Try Exness

Key Differences between Binance and Exness

Binance is a popular cryptocurrency exchange, while Exness is a Forex broker offering trading in currency pairs. Here’s a quick run down of the key differences:

  1. Market Focus
    • Mostly Binance is for crypto exchange. You can buy and sell digital currencies—such as Bitcoin and Ethereum
    •  Exness specializes in market trading (also known as forex or currency trading). You can trade currencies, commodities, and stocks, and it has the ability for you.
  2. Trading Features
    • There are multiple trading options at Binance. Trade on a standard account or with advanced options such as margin and futures.
    • Exness is designed for forex trading. It offers different account types with various spreads and leverage options. Exness also supports popular platforms like MetaTrader 4 and MetaTrader 5.
  3. Fees
    • Binance has low fees for crypto trades, typically around 0.1% per transaction. They can be even lower if you pay fees using Binance’s coin (BNB).
    • Forex trading with low spreads at Exness. Free most of the time, but it depends on your account type.
  4. Target Audience
    • Binance is the best choice for crypto traders. It’s great for everyone from beginners to experienced traders.
    • Exness targets mostly forex and forex related traders including stocks and commodities. 

In conclusion, if you prefer crypto trading, Binance is the best option, but for forex and market trading, we recommend Exness. These platforms serve different types of traders.

Instructions for Transferring Funds from Binance to an Exness Trading Account

Transferring funds from Binance to Exness is easy when you follow the right steps. Here’s how to do it:

Verifying Both Accounts

Before transferring funds, make sure both your Binance and Exness accounts are verified.

  • Verify Exness Account:
    Log in to Exness and verify your identity by submitting the required documents. This ensures that your account is set up for receiving funds.
  • Verify Binance Account:
    Log in to Binance and make sure your account is fully verified. You may need to upload some documents for identity verification.
Verify Exness Account

Getting Exness Account Details

To send funds to Exness, you need the correct account details.

  1. Find Exness Account Details:
    Log into Exness and find the details of the account you want to fund. This could be a bank account or a cryptocurrency wallet address.
  2. Choose Payment Method:
    Exness supports various payment methods, including crypto transfers, bank transfers, and e-wallets. Choose one that suits you.
  3. Copy Deposit Information:
    Copy the necessary details like wallet address or bank details from Exness. Make sure they are correct to avoid errors.

Initiating a Transfer from Binance

Once you have the necessary information, follow these steps to transfer your funds.

  1. Log in to Binance:
    Open Binance and log in to your account.
  2. Choose the Currency:
    Go to your Binance wallet and select the currency (either fiat or cryptocurrency) you want to send.
  3. Click Withdraw:
    Select the “Withdraw” option. Paste the Exness account details that you copied earlier.
  4. Confirm the Transfer:
    Double-check everything and confirm the transfer. Once confirmed, Binance will start processing the transfer.

Verifying the Receipt of Funds to Your Exness Account

After the transfer is made, you need to check if the funds have arrived at Exness.

  1. Log in to Exness:
    Go to your Exness account and log in.
  2. Check Transaction History:
    Look at the “Deposit History” or “Transaction History” section to see if the funds have been received.
  3. Wait for Confirmation:
    The transfer might take some time to process. Exness will notify you once the funds are credited.
  4. Check the Amount:
    Verify that the correct amount has been deposited. If everything looks good, you can start trading.

If you don’t see the funds or there’s an issue, contact Exness support for assistance.

Funds to Your Exness Account

Fees Associated with Transfers

When transferring funds from Binance to Exness, there are a few fees you need to consider.

  1. Binance Fees
    • Crypto Transfers: If you’re transferring cryptocurrency (like Bitcoin), Binance charges a small network fee. The amount depends on the cryptocurrency and how busy the network is.
    • Fiat Transfers: If you’re transferring fiat money (like USD or EUR), Binance may charge a withdrawal fee. The fee depends on the payment method you choose, such as a bank transfer or credit card.
  2. Exness Fees
    • Deposits: Exness typically doesn’t charge any fees for deposits, but the payment method you use (like a bank or e-wallet) might charge its own fee.
    • Crypto Deposits: When sending cryptocurrency to Exness, there could be a small blockchain fee, but Exness doesn’t charge extra fees for crypto deposits.
  3. Other Costs
    • Currency Conversion: If you’re transferring funds in one currency (e.g., USD) to an account in a different currency (e.g., EUR), you may be charged a small currency conversion fee.
    • Third-Party Fees: Payment providers (like banks or e-wallets) may also charge fees for processing the transfer, so check their terms.

Before making a transfer, it’s a good idea to review the fees on both Binance and Exness to avoid any surprises.

Join Exness

Troubleshooting Common Problems When Transferring Funds

Sometimes things can go wrong when transferring funds. Here are some common problems and how to fix them.

1. Transfer Delays

  • Why it Happens: Crypto transfers can take a longer amount of time, particularly during busy times — this is true for popular cryptocurrencies like Bitcoin. Your bank or payment provider can also delay fiat transfers.
  • Solution: Wait sometime and check if transfer status. If you feel it’s taking too long, reach out to your payment provider to inquire about the delays.

2. Incorrect Account Details

  • Why it Happens: If you enter the wrong wallet address or bank account number, the transfer could fail or go to the wrong place.
  • Solution: Always double-check the account details before confirming the transfer. If you make a mistake, contact Binance or Exness support immediately for help.

3. Low Network Fees (Crypto Transfers)

  • Why it Happens: If you set a very low network fee for a crypto transfer, it might take longer to process or even get stuck.
  • Solution: Make sure the network fee is reasonable. If you need your transfer to process quickly, consider increasing the fee.

4. Funds Not Showing Up in Exness

  • Why it Happens: Sometimes, deposits take a while to appear in your Exness account because of processing times.
  • Solution: Refresh your account and check your transaction history. If the funds don’t show up after 24 hours, contact Exness support.

5. Transfer Rejected by Exness

  • Why it Happens: Exness might reject a transfer if your account isn’t verified or if you’re using a payment method that isn’t accepted.
  • Solution: Ensure your Exness account is fully verified. Double-check that the payment method you’re using is supported by Exness. If the transfer is still rejected, reach out to Exness support.

When you know such issues and how to troubleshoot them, you can ensure a smooth transfer.. Always check for any changes or updates to the transfer policies and fees on both Binance and Exness.

FAQs

What are the fees charged for the transfer?

For crypto transfers, Binance take a small network fee and for fiat, take a withdrawal fee depending on the payment method. There are no deposit fees at Exness but yes, your payment provider (bank or e-wallet) can charge you.

How long does it take to process a transfer?

Crypto transfers can take minutes, even hours — depending on network speed. Fiat transfers usually take 1–3 business days, depending on the payment method.

Can I make regular automatic transfers?

Binance and Exness do not offer automatic transfers. You can use third-party tools or set up manual transfers, but check with the platforms for supported methods.

You may also be interested in:

Rating:
4.9/5
1000+ Assets
Trade over 1000 CFDs on Forex, crypto, stocks, and indices.
START TRADING