How long does it take to transfer eth from binance to metamask

MetaMask has a couple of payment networks that you can buy Ethereum from.

This includes Wyre (simple payment APIs) and Transak (buy and sell crypto assets with a bank transfer).

However, their fees are very expensive, so you’ll be losing a lot of money from them.

A better alternative is to buy Ethereum from Binance and send it to MetaMask.

Binance has a 0.1% spot trading fee, which is the lowest in the industry.

If you don’t have a Binance account yet, you can create one using this link: https://www.binance.com/en/register?ref=73583477.

Once you’ve bought Ethereum from Binance, you can send it to MetaMask.

In this guide, you’ll learn how to send Ethereum (ETH) from Binance to MetaMask in 5 simple steps.

How to send Ethereum from Binance to MetaMask

To send Ethereum from Binance to MetaMask, you must first copy your Ethereum address from MetaMask.

Then, navigate to your fiat and spot wallet on Binance and click on “Withdraw” next to “ETH” to go to the withdrawal page.

On the withdrawal page, you’ll be able to send Ethereum to MetaMask.

You can send Ethereum to MetaMask on the Binance withdrawal page by doing three things.

This includes pasting your Ethereum address from MetaMask, selecting the “ERC20” network, and enter the amount of ETH that you want to send.

After you’ve sent your Ethereum, the withdrawal process will take about 30 to 60 minutes to complete.

If there is network congestion, it might take more than 60 minutes to complete.

Here is how to send Ethereum from Binance to MetaMask:

1. Copy your ETH address from MetaMask

MetaMask ETH address

The first step is to copy your ETH (Ethereum) address from MetaMask.

To do that, you must first open the MetaMask extension on Chrome.

You can open the MetaMask extension by clicking on the puzzle icon on the top navigation bar of Chrome.

Next, click on the MetaMask extension to open it.

Then, log in to your MetaMask wallet or import it using your recovery phrase.

Once you’re in your wallet, make sure that the “Ethereum Mainnet” network is selected.

Lastly, click the duplicate icon to copy your ETH address.

2. Log in to your Binance account

Now that you’ve copied your ETH address from MetaMask, you need to log in to your Binance account.

Firstly, go to the Binance website by clicking on this link: https://www.binance.com/.

You can also use the Binance mobile app for this.

However, we’ll use the desktop version of Binance for the purpose of this guide.

Once you’re on Binance, click on “Log In” on the top navigation bar to go to the login page.

Enter your email address and password in the “Email” and “Password” fields respectively.

Next, click on “Log In” to log in to your Binance account.

3. Navigate to your fiat and spot wallet

After you’ve logged in to your Binance account, you’ll land on the homepage.

Now, you’ll need to navigate to your fiat and spot wallet where your Ethereum wallet is located.

On the top navigation bar, click on “Wallet” to expand it.

After you’ve clicked on “Wallet”, a navigation drawer will open.

The navigation drawer contains multiple options.

This includes “Overview”, “Fiat and Spot”, “Margin”, and more.

Click on “Fiat and Spot” to go to your fiat and spot wallet.

4. Click on “Withdraw” next to “ETH”

How to send Ethereum from Binance to MetaMask

After you’ve clicked on “Fiat and Spot”, you’ll land on the “Fiat and Spot” page.

On this page, you’ll see your fiat and spot balance.

The page also contains a list of your cryptocurrency balances.

Scroll down the page until you reach the “Crypto Balance” header.

Under the “Crypto Balance” header, you need to find “Ethereum”.

On your Ethereum balance, you’ll be able to buy, deposit, withdraw, trade, earn, or convert your Ethereum.

Click on “Withdraw” next to “ETH” to go to the Ethereum withdrawal page.

5. Send your Ethereum to MetaMask

After you’ve clicked on “Withdraw”, you’ll land on the Ethereum withdrawal page.

On the page, you’ll see two dropdown boxes and two fields.

This includes “Coin”, “Address”, “Network”, and “Amount”.

Firstly, make sure that “Ethereum” is selected from the “Coin” dropdown box.

After “Ethereum” is selected, here’s a step-by-step guide on what to do next:

  1. Paste your ETH address from MetaMask (refer to step #1) in the “Address” field.
  2. Select the “ERC20” network from the “Network” dropdown box.
  3. Enter the amount of ETH that you want to send in the “Amount” field.
  4. Click on “Withdraw” to send your Ethereum from Binance to MetaMask.

You can get your ETH address from MetaMask by following the first step.

Make sure that you’ve selected the “ERC20” network and not another network.

Otherwise, your funds will be lost and Binance will not be able to recover it for you.

Keep in mind that the minimum ETH withdrawal amount for the ERC20 network is 0.007.

In addition, if there is an ongoing system upgrade on Binance, you won’t be able to make withdrawals.

Withdrawals will be suspended until the system upgrade is complete.

You can follow the @BinanceHelpDesk profile on Twitter for announcements.

The withdrawal process will take about 30 to 60 minutes to complete.

If there is network congestion, it might take longer than 60 minutes for it to complete.

You’ve successfully learned how to send Ethereum from Binance to MetaMask!

Conclusion

Cryptocurrency games like Axie Infinity are pay-to-win and require you to spend Ethereum on in-game items.

On Axie Infinity, you need to buy 3 Axies using Ethereum before you can play the game.

To do so, you need to use MetaMask and Ronin Wallet.

MetaMask can be used in decentralized platforms like PancakeSwap and Uniswap as well.

If you want to swap Ethereum for another token in a decentralized platform, you need to connect your MetaMask wallet first.

If you don’t have Ethereum, it’s highly recommended that you buy it from Binance and send it to your ETH wallet on MetaMask.

Further reading

Best Binance Referral ID Code in 2021

How to Make a MetaMask Wallet

How to Create a Ronin Wallet

Depositing cryptocurrencies in a secured crypto wallet is always a good practice.

You will find this article helpful if you intend to withdraw, deposit or transfer Ethereum from Binance to MetaMask.

In case you didn’t set up the MetaMask wallet, you must create and set up one.

Withdrawing, depositing, or transferring Ethereum (ETH) from Binance to MetaMask is pretty straightforward. All you need is your MetaMask wallet address and any amount of Ethereum to send. That’s it.

To send Ethereum (ETH) from Binance to MetaMask, there will be a network fee of ~0.0003 to 0.0012 ETH applicable.

Steps to Withdraw/ Transfer Ethereum from Binance Website to Metamask

1. Go to Binance website

Go to the Binance website.

You must already have an account. Just type your email address or mobile number and password and click Log In.

Binance Log in

2. Select Wallet

Immediately after your log-in, Binance will take you to your dashboard.

On the right corner of the screen, you can see Wallet dropdown.

Just click on it and click Overview.

Binance wallet

3. Click Fiat and Spot

Once you click the Overview, you can see many options on the left side of the screen.

There you could see Fiat and Spot; click on it.

Binance withdraw

4. Find Ethereum

On the Fiat and Spot section, you can see all assets that you’ve bought.

Find Ethereum on the list and click Withdraw, which is located just the right side of your asset.

Withdraw Ethereum from Binance

5. Paste your MetaMask wallet address

After clicking the Withdraw, the site will show you the Withdraw Crypto window.

There you can see few fields; one of them is Address.

In that Address field, you need to paste your MetaMask wallet address.

 

To copy the address,

  • Go to Metamask extension

  • Enter the password to Unlock the wallet

  • Copy your wallet address by clicking just above your ETH balance (see the pic below)

MetaMask wallet Address

6. Enter the amount

After pasting the MetaMask wallet address, the Network field will automatically gets updated. In case it is not, select Ethereum (ERC-20).

After that, in the Withdraw amount field, enter the amount of Ethereum you want to send. Click MAX, if you want to send all Ethereum you hold.

Withdraw Ethereum from Binance to MetaMask

7. Click Withdraw

After filling in the all necessary details, click Withdraw.

Upon clicking Withdraw, the confirmation pop-up will appear. Check your wallet address and click Continue.

Remember, if you send your crypto asset to the wrong wallet, that cannot be reversed and you will lose your asset permanently.

Withdraw Ethereum from Binance

Note: there will be a network fee.

8. Enter the verification code sent

Next is security verification.

Binance will ask you to fill in the e-mail and phone verification code that has been sent.

Type the verification codes received in your e-mail and phone in the according fields and click Submit.

Binance security verification code

After the submission of verification codes, a positive notification will appear.

Binance Withdrawal

9. Check in the recent withdrawal section

After the successful submission, you need to wait for the processing.

Usually, asset will be transferred within 10 minutes. For us, it took 7 minutes.

You can check your status in the Recent Withdrawals section if you scroll down a bit.

how to withdraw from Binance

10. Check your MetaMask wallet

Once you see the Completed status in the Recent Withdrawals section, head back to your MetaMask wallet extension and see your wallet balance on the front preview itself.

Steps to Withdraw/ Transfer Ethereum from Binance Mobile Application to Metamask

1. Go to Binance mobile application

Go to the Binance application on your mobile phone.

In case if you haven’t downloaded it yet, you can by clicking this link for Android; click this link for iOS.

After downloading the application, you need to type your email address and password to log in.

Then, you are into the Binance Lite mode by default. If you want to switch to Pro mode, tap the Profile icon in the top left of the screen and tap the toggle button.

The Binance Pro mode might look complicated. Hence, Binance Lite is preferable for beginners.

Binance Android app

Bianance pro mode

Binance Pro Mode:

Bianance pro mode

2. Tap wallet icon

Immediately after your log in, the Binance application will take you to your dashboard.

There you could see wallet icon. Tap on it.

Binance wallet

3. Find Ethereum

After tapping wallet icon, your assets list will be visible. Choose Ethereum.

Withdraw Ethereum from Binance

4. Click Withdraw

After tapping the Ethereum, you could see the availability of Ethereum and history.

Down below, there will be two buttons: Withdraw and Deposit.

Tap on Withdraw

Binance Withdrawal

5. Paste your MetaMask wallet address

In the Withdraw ETH window, there will be 3 fields.

Among them, the first one is Address field. This is where you need to paste your MetaMask wallet address or tap on the scan button to scan.

Binance - MetaMask wallet address

To copy your wallet address,

  • Go to Metamask extension

  • Enter the password to Unlock the wallet

  • Copy your wallet address by clicking just above your ETH balance (see the pic below)

    or

    click on the three dots and select

    Account details,

    there you can see the QR code to scan.

MetaMask wallet Address

6. Enter the amount

Just below the address field, there will be Network and Amount fields.

After pasting your MetaMask wallet address, the Network field will automatically gets updated. In case it is not, select Ethereum (ERC-20).

In the Amount field, enter the amount of Ethereum you want to send. tap MAX, if you want to send all Ethereum you hold.

After filling the all necessary details, tap Withdrawal.

Note: Withdrawal must be at least 0.01 ETH & there will be a network fee.

7. Confirm order

Upon clicking Withdrawal, the confirmation pop-up will appear. Check your wallet address and tap Confirm.

Remember, if you send your crypto asset to wrong wallet, that cannot be reversed and you will lose your asset permanently.

Binance withdrawal confirmation

8. Enter the verification code sent

Next is security verification.

Binance will ask you to fill the e-mail and phone verification code that has been sent.

Type the verification codes received in your e-mail and phone in the according fields and tap Submit.

Binance verification code

9. Check your MetaMask wallet

Once you see the transaction notification, head back to your MetaMask wallet extension and see your wallet balance on the front preview itself.

Note: Usually, the Binance to MetaMask transfers happen within 10 minutes. For us, it took 7 minutes.

 

FAQs

1. Can I send Binance Coin (BNB) to MetaMask wallet?

Yes, you can transfer/ send Binance (BNB) to MetaMask. However, it is not straightforward. You need to manually add the Smart Chain network to MetaMask wallet.

This is because BNB was issued as an ERC-20 token but now it has moved into its own mainnet chain.

2. Can I store Bitcoin in the MetaMask wallet?

No, you can’t store Bitcoin in Metamask. However, you can store Wrapped Bitcoin (WBTC) since it is an ERC-20 token.

That being said you can swap your BTC to WBTC at a reasonable fee in CoinList and wBTC cafè.

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Written by Jane