Withdrawal of ICP from Binance | Bitcointalksearch.org

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Quote from: noormcs5 on March 04, 2023, 03:51:22 AM

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That is very strange as why trust wallet does not support ICP. Even an unstoppable wallet does not support ICP. I don't know what is the reason for this as both trust wallet and unstoppable wallet store thousands of coins, then why not ICP?
-cut-

It's way newer then other layer 1 coins listed in there. And from what i gather ICP is complex and sort of all over the place. Just being an "internet computer" should tell you about the level of complexity. So i am guessing trust wallet doesn't like to hurry adding something like that to the code. I totally understand distrusting blindly to something so complex.

So my guess is that trust wallet team want's to wait until ICP is more battle tested.

pgbit

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Quote from: noormcs5 on March 04, 2023, 12:04:51 AM

I have some ICP on Binance and i want to withdraw it to my personal wallet.
Can anyone tell me which personal wallet support ICP (https://coinmarketcap.com/currencies/internet-computer/) as i can't withdraw it to the trust wallet Huh

Due to the recent FTX hack, i withdraw almost all my coins to my personal wallet but this ICP is still left on balance. Also, note that i do not have a hardware wallet so my only options are desktop or mobile wallets.

There are several wallets that support ICP (Internet Computer Protocol) and can be used to withdraw your coins from Binance.
1. Atomic Wallet: It's available for both desktop and mobile platforms and it supports ICP
2.NNS Wallet: NNS Wallet is a desktop wallet designed specifically for managing ICP. It allows you to securely store and manage your ICP
3.Stoic Wallet: Stoic Wallet is a mobile wallet that supports ICP. It's available for both iOS and Android

Yogee

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I know not your coins if you don't have the keys but I agree that you may as well just leave it on Binance than download a wallet that you're not familiar with. I mean the coin's current value is probably not worth the potential risk from exposing your device.

Tony116

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Quote from: noormcs5 on March 04, 2023, 12:34:57 PM

Quote from: Tony116 on March 04, 2023, 04:38:43 AM

Quote from: noormcs5 on March 04, 2023, 03:51:22 AM

I don't see any great potential in this coin but the problem is that I bought this coin in the last bull market at the peak of the bull season and did not use any stop loss. Since I bought them at the spot, I am still holding them, hoping they will reach again to my buying price in the next bull run.

How much did you buy them for? I also bought some ICP at $40 during the 2021 bull run, and now it's a failed investment for me. Coincidentally I also store them in binance, but because of the low value, I don't want to withdraw them to my wallet. I didn't invest too much, and I don't care about it anymore, I thought it would have no chance of recovery, it was a failed project. If you don't hold them much, I think it's still safe to leave them in binance.

I bought them i guess nearly 20 to 25$ price. The problem is that ICP is 80-90% down from the price in the last bull run.

So, if you would invest 500$ in it, it will be worth less than 50$ now. So even if the price may seems down right now, if it reaches my buying price, it will be worth a reasonable money.

My reason for keeping my ICP still in binance is that i am unable to find a wallet to move them.

There are many wallets to store ICP, one of the wallets that most people in my local use to store is https://plugwallet.ooo/, all wallets everyone recommends to you are good wallets to store ICP.

In my own judgment, Binance is safe until the next bull season, you don't need to worry too much about storing ICP on it. Because I have too little ICP, if you have a lot, I think you should stake at Binance to increase the coin rather than withdraw to your wallet because their value has also decreased too much, and its future is not very bright.

FTX crash doesn't mean Binance will crash, look at the coinbase, it's been standing for 11 years despite the previous Mt.gox crash.

noormcs5

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Quote from: MAAManda on March 04, 2023, 01:31:54 PM

Then why did you buy it during the last bull market? You buy because you believe in this project right? there should be specific reasons why you buy and believe in this project. Since the beginning of this project, I was actually skeptical about the journey that this project would go through. Indeed, I haven't specifically searched further, therefore I would like to know the opinion of $ICP holders.

There is no special reason why I bought this coin in the last bull season. I bought it along with many other coins because all the coins were pumping no matter what the price. I got stuck in this coin because it was dumped after my buying and never reached my buying price again.

Quote from: MAAManda on March 04, 2023, 01:31:54 PM

I was also quite surprised when I saw the price comparison of ATH ($750) and the current price which is only around $5, how could this happen?

Anything can happen in the crypto world, there are coins which even go to zero, so expect the unexpected in this crypto world.
However i know this coin will never reach 750$ again but i would be happy if it reaches only 50$

MAAManda

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Quote from: noormcs5 on March 04, 2023, 03:51:22 AM

I don't see any great potential in this coin but the problem is that I bought this coin in the last bull market at the peak of the bull season and did not use any stop loss. Since I bought them at the spot, I am still holding them, hoping they will reach again to my buying price in the next bull run.

Then why did you buy it during the last bull market? You buy because you believe in this project right? there should be specific reasons why you buy and believe in this project. Since the beginning of this project, I was actually skeptical about the journey that this project would go through. Indeed, I haven't specifically searched further, therefore I would like to know the opinion of $ICP holders. I was also quite surprised when I saw the price comparison of ATH ($750) and the current price which is only around $5, how could this happen?

noormcs5

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Quote from: Tony116 on March 04, 2023, 04:38:43 AM

Quote from: noormcs5 on March 04, 2023, 03:51:22 AM

I don't see any great potential in this coin but the problem is that I bought this coin in the last bull market at the peak of the bull season and did not use any stop loss. Since I bought them at the spot, I am still holding them, hoping they will reach again to my buying price in the next bull run.

How much did you buy them for? I also bought some ICP at $40 during the 2021 bull run, and now it's a failed investment for me. Coincidentally I also store them in binance, but because of the low value, I don't want to withdraw them to my wallet. I didn't invest too much, and I don't care about it anymore, I thought it would have no chance of recovery, it was a failed project. If you don't hold them much, I think it's still safe to leave them in binance.

I bought them i guess nearly 20 to 25$ price. The problem is that ICP is 80-90% down from the price in the last bull run.

So, if you would invest 500$ in it, it will be worth less than 50$ now. So even if the price may seems down right now, if it reaches my buying price, it will be worth a reasonable money.

My reason for keeping my ICP still in binance is that i am unable to find a wallet to move them.

Tony116

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Quote from: noormcs5 on March 04, 2023, 03:51:22 AM

I don't see any great potential in this coin but the problem is that I bought this coin in the last bull market at the peak of the bull season and did not use any stop loss. Since I bought them at the spot, I am still holding them, hoping they will reach again to my buying price in the next bull run.

How much did you buy them for? I also bought some ICP at $40 during the 2021 bull run, and now it's a failed investment for me. Coincidentally I also store them in binance, but because of the low value, I don't want to withdraw them to my wallet. I didn't invest too much, and I don't care about it anymore, I thought it would have no chance of recovery, it was a failed project. If you don't hold them much, I think it's still safe to leave them in binance.

noormcs5

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Quote from: dbshck on March 04, 2023, 12:44:24 AM

Yeah I don't think Trust Wallet supports ICP. I don't have any personal experience with using an ICP wallet, but I found an article that may be helpful here. Based on that page, the popular custodial "wallets" are Stoicwallet and Plug. But then again, this is custodial so it'll be the same as storing your coins on Binance. If you want to self-custody, you can to use its NNS frontend dApp or a hardware wallet like Trezor and Ledger.

That is very strange as why trust wallet does not support ICP. Even an unstoppable wallet does not support ICP. I don't know what is the reason for this as both trust wallet and unstoppable wallet store thousands of coins, then why not ICP?

It's no use to transfer ICP to another centralized wallet, so guess I have only option to keep them in binance and hope that binance does not scam until the next bull market.

Quote from: MAAManda on March 04, 2023, 03:11:16 AM

Sorry to be a little off topic, but I'm curious, why are you holding $ICP? do you see great potential in this coin?

I don't see any great potential in this coin but the problem is that I bought this coin in the last bull market at the peak of the bull season and did not use any stop loss. Since I bought them at the spot, I am still holding them, hoping they will reach again to my buying price in the next bull run.

MAAManda

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IDK which non-custodial wallets support $ICP storage, but based on my Google search, I found that there are several that support $ICP storage, such as Stoic Wallet, Plug Wallet, Earth Wallet. If you intend to store it in a mobile application, you can use Earth Wallet or Plug Wallet, their applications are already available on Playstore and App Store. Sorry to be a little off topic, but I'm curious, why are you holding $ICP? do you see great potential in this coin?

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Quote from: noormcs5 on March 04, 2023, 12:04:51 AM

I have some ICP on Binance and i want to withdraw it to my personal wallet.
Can anyone tell me which personal wallet support ICP (https://coinmarketcap.com/currencies/internet-computer/) as i can't withdraw it to the trust wallet Huh

Due to the recent FTX hack, i withdraw almost all my coins to my personal wallet but this ICP is still left on balance. Also, note that i do not have a hardware wallet so my only options are desktop or mobile wallets.

- If your ICP is in binance mate, why don't you just keep your ICP there first? After all, your token was in a strong exchange, unless you don't trust the Binance exchange, do you have doubts about this exchange?

But if you are determined to transfer your ICP token, you can try this Bitfinity Wallet apart from STOIC Wallet as far as I know ICP is not listed in Trust wallet.

dbshck

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Yeah I don't think Trust Wallet supports ICP. I don't have any personal experience with using an ICP wallet, but I found an article that may be helpful here. Based on that page, the popular custodial "wallets" are Stoicwallet and Plug. But then again, this is custodial so it'll be the same as storing your coins on Binance. If you want to self-custody, you can to use its NNS frontend dApp or a hardware wallet like Trezor and Ledger.

noormcs5

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I have some ICP on Binance and i want to withdraw it to my personal wallet.
Can anyone tell me which personal wallet support ICP (https://coinmarketcap.com/currencies/internet-computer/) as i can't withdraw it to the trust wallet Huh

Due to the recent FTX hack, i withdraw almost all my coins to my personal wallet but this ICP is still left on balance. Also, note that i do not have a hardware wallet so my only options are desktop or mobile wallets.

Topic: Withdrawal of ICP from Binance (Read 124 times)