Articles on: User FAQ

How to send tokens from Torus Wallet to Binance?

Log into your Binance account and click Wallet > Overview

Click Deposit and you will see a pop-up window.

Click Crypto Deposit

Select the cryptocurrency you want to deposit, such as BNB.

Next, choose the deposit network. If the cryptocurrency is issued on multiple networks, select which one you’d like to make your deposit on. Binance will generate a unique deposit address based on the network you select. You need to input this address only when transferring tokens from Torus Wallet, so be sure to generate and copy the right deposit address. At the same time, you need to ensure the network in Torus Wallet matches with the network you select in Binance . You can check the steps in this article to select the right network in Torus

You can withdraw tokens from Torus using Ethereum(ERC20) , MATIC(Polygon) or Binance Smart Chain(BEP20) or CELO Mainnet networks only which are compatible with Binance.

Binance supports the following networks and assets listed here. If you are not sure about the network, reach out to Torus Support team . Do not send funds on an unsupported network or you will lose them

In this example, we will withdraw BNB from Torus over Binance Smart Chain(BEP20) and deposit it into Binance BEP20 address (BSC blockchain), we will select the BEP20 deposit network.

You can only send ERC20 tokens to another ERC20 address, you can send MATIC/Polygon tokens to another MATIC/Polygon address and you can only send BSC tokens to another BSC address. If you select incompatible/different deposit networks, you will lose your funds.

Copy the BEP20 address generated and follow the steps listed in this article

In the Transfer Page in Torus wallet, select ETH as the option and enter the BEP20 address generated from Binance and proceed

After confirming the withdrawal request, it takes time for the transaction to be confirmed. The confirmation time varies depending on the blockchain and its current network traffic.

Torus doesn't charge you any fees, you only pay network fees depending on the network

Updated on: 15/09/2023

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