The problem is that you have not specified if you are sending into Binance or out of Binance.
Sending/depositing into Binance
If you are sending real Bitcoins via Bitcoin network. You only have two options on Binance.
1. Bitcoin - One that used that generates the legacy address that starts with "1"
2. BTC (SegWit) - One that generates a bech32 address that starts with "bc1"
These are the only two networks that will work with your real Bitcoin. The rest are just tokenized Bitcoin network addresses and won't work with your real Bitcoins.
Topic: Beginner question - page 2. (Read 294 times)
If you are sending Bitcoins to another exchange I think they do also support those networks like BEP20 but if you trying to send it to a Bitcoin wallet like Electrum or Bitcoin core they do only support mainnet which is BTC only like you did on the first transaction.
I think you are looking for a cheaper Bitcoin withdrawal fee? Binance withdrawal fee is expensive its 0.0005BTC or 50k sats.
If you want to buy bitcoin and withdraw them cheaper FTX exchange is the best option you can have a free withdrawal except for small transactions but it is still cheap they charge a withdrawal fee of up to 0.10%.
I think you are looking for a cheaper Bitcoin withdrawal fee? Binance withdrawal fee is expensive its 0.0005BTC or 50k sats.
If you want to buy bitcoin and withdraw them cheaper FTX exchange is the best option you can have a free withdrawal except for small transactions but it is still cheap they charge a withdrawal fee of up to 0.10%.
Hello, welcome to the forum.
As a newbie, you should do some research first before and educate yourself about crypto. Heads up to this board (Beginners & Help) and you'll learn basic information regarding the Bitcoin network and other cryptocurrencies. The same on this thread below.
[General] Bitcoin Wallets - Which, what, why?
Bitcoin has only one network but it has 3 different kinds of addresses that you may use.
As a newbie, you should do some research first before and educate yourself about crypto. Heads up to this board (Beginners & Help) and you'll learn basic information regarding the Bitcoin network and other cryptocurrencies. The same on this thread below.
[General] Bitcoin Wallets - Which, what, why?
Bitcoin has only one network but it has 3 different kinds of addresses that you may use.
- P2PKH (address starts with the number “1”)
- P2SH (address starts with the number “3”)
- Bech32 (address starts with “bc1”)
Of course, you can always choose another network to use for your BTC.
However, it depends on what will you do here.
If you choose, for example, BSC network, make sure that the other party is also under the BSC network.
Otherwise, your coins will be lost. The simple way to look at it is make sure that you have the same network when you transfer to another.
Or if you are sending to this address. Check if the originating BTC address is compatible with your network.
However, it depends on what will you do here.
If you choose, for example, BSC network, make sure that the other party is also under the BSC network.
Otherwise, your coins will be lost. The simple way to look at it is make sure that you have the same network when you transfer to another.
Or if you are sending to this address. Check if the originating BTC address is compatible with your network.
if you want to send btc to one of your choices, one server should be mandatory so you don't lose if you see your wallet falls on the same third choice as your wallet,
but if you want to create another address you can make it all but if you send bitcoin you must match your original wallet
but if you want to create another address you can make it all but if you send bitcoin you must match your original wallet
Hello,
I'm sorry, I speak a little English.
I'm beginner in crypto world.
I use Binance.
I created my Bitcoin crypto deposit address (Bitcoin network).
Coin: Bitcoin (BTC)
Network: Bitcoin (BTC)
My address, example: 1392**************************1JSh
It works, I got the money.
I would like use another address, not this.
How to?
If I choose the Bitcoin (BTC) coin, but not choose the Bitcoin (BTC) network, is it possible? Is it works?
Binance networks:
Which network should I choose?
Thanks.
I'm sorry, I speak a little English.
I'm beginner in crypto world.
I use Binance.
I created my Bitcoin crypto deposit address (Bitcoin network).
Coin: Bitcoin (BTC)
Network: Bitcoin (BTC)
My address, example: 1392**************************1JSh
It works, I got the money.
I would like use another address, not this.
How to?
If I choose the Bitcoin (BTC) coin, but not choose the Bitcoin (BTC) network, is it possible? Is it works?
Binance networks:
- BNB - BNB Beacon Chain (BEP2)
- BSC - BNB Smart Chain (BEP20)
- BTC - Bitcoin
- ETH - Ethereum (ERC20)
- SEGWITBTC - BTC(SegWit)
Which network should I choose?
Thanks.
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