HOW TO TRANSFER STEEM FROM BINANCE TO STEEMIT WALLET by cherub27

View this thread on steempeak.com
· @cherub27 · (edited)
$28.93
HOW TO TRANSFER STEEM FROM BINANCE TO STEEMIT WALLET
![HOW.png](https://cdn.steemitimages.com/DQmYk1e9KufgVceHkyfU5Jgra1LY6P94gTV4RXijJbBhiaz/HOW.png)

---

With the recent PowerUp campaign ongoing, a lot of users especially Ghanaians have contacted me on how to buy STEEM which I gladly explained to them. For everyone on the platform, I decided to make a post about it. 

-----

<div class="phishy">

###  <center>HOW TO BUY STEEM ON BINANCE EXCHANGE</center>
</div>

----

<div class="text-justify">

To be able to transfer STEEM, you ought to have STEEM tokens so I will first take you through how to acquire STEEM tokens.

Currently, the GHS deposit is suspended on Binance so I will take you through Binance P2P trade.  STEEM has only STEEM/BTC and STEEM/ETH trading pairs listed on Binance. 

The tokens can for trade for the Binance P2P market are USDT, BTC, BUSD, BNB, ETH, and DAI. I will illustrate with ETH trade on the P2P market.
</div>

---

#### <center>Buying ETH on Binance P2P Market</center>

---

* Log in [Binance](https://accounts.binance.com/en/login) account and navigate to **Wallet**
<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmWtQZD8nNp4aWHm2uutTjjWApkg7XvwDubCLM1bFvJC93/2021_06_11_13.19.40_edit.png</center>

---

* Select **P2P** from the top menu and click on the **Buy** button
<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmSBXaYDjF1D5GKWQzR5L5gXrDwaToSvuYqiB49SrapA5y/2021_06_11_13.29.01_edit_1.png</center>

---

* Choose your preferred currency (GHS) 
* Make you are at the **Buy** interface
* Choose your preferred token from the top list(ETH)
* Select an accredited buyer to initiate a trade with by hitting the **Buy** button

<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmQYTCg8GosNu5LwM88WXmPhgeJ3EPPRu6wxGBRTR4z58w/2021_06_11_13.38.41_edit.jpg</center>

---

* On the next screen, select **Fiat** and enter the amount you wish to pay for ETH. 
* Click on **BUY ETH** and follow the procedures to transaction with the buyer. 
<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmaBmj8Ws3k6d2dDmCxrNvz31Z7wM5uoZ6Af8gzrVgUby3/2021_06_11_13.39.08_edit_1.png</center>

----

Once the transaction has been completed, your newly acquired ETH tokens will be in your P2P wallet. To avoid being duped of your money, it is advisable to trade with verified merchants in the P2P market. 

----

<p><br></p>


####  <center>Transfering ETH From P2P Wallet to Spot Wallet</center>

We want to look at how to transfer the acquired token from P2P to Spot wallet on Binance

##### STEPS

* Navigate to **P2P** menu at the **Wallet** section and click on the **Transfer** button and select Transfer from the pop-up menu
<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQma6vPJ5aAXy8EpnLm21gsH4BgchzYAAKiXtSoAEuLnmLa/2021_06_11_13.57.16_edit_1.jpg</center>

---

*  Select the coin you wish to transfer, in this case, ETH
*  Enter the amount to transfer to your Spot wallet. Clicking on the **Max** button would automatically input all the amount you hold in your P2P wallet.
*  Click on Transfer to validate the transaction

<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmPs6EAjtjMTF4nG8JZsYZa9TNmkqeH4jf7kWTaHk9DqX1/2021_06_11_14.00.40_edit.jpg</center>

----

* ETH tokens will now be displayed under your **Spot** wallet as displayed below

<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmWpX2iTmXrbFzmDcHfiZghGT7zDouoPe2rdViWGTALDx5/2021_06_11_14.02.29.jpg</center>

----


<p><br></p>

---

####  <center>Trading ETH for STEEM On Binance</center>

---

The next step is trading ETH for STEEM using the STEEM/ETH trading pair on Binance

##### STEPS

* At the **Spot Wallet** interface, click on the search button and type in STTEM
* Click on **STEEM**  from the next menu

<div class="pull-left">

![Screenshot_20210612-083530_Binance.png](https://cdn.steemitimages.com/DQmeKdf33ANgRQpufFhTJKKGy4FYyC2P7z3DRBxSGT4ZDMU/Screenshot_20210612-083530_Binance.png)
</div>

<div class="pull-right">

![Screenshot_20210612-083615_Binance.png](https://cdn.steemitimages.com/DQmVvZNbtRNFEhMWXq4zFKaENCWQNSkqnZKnnwiKjy8pAZQ/Screenshot_20210612-083615_Binance.png)
</div>

----

* Select  **STEEM/ETH** trading pair
<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmfG7dfbU13tgXxo3WSYn34JkEbmXcLPfM2Y4RKtHtKDtY/Screenshot_20210612-083422_Binance.png</center>

---

* Next at the trading interface, choose the **BUY** option 
* Select **Market** as the type of trade to transact faster.
* Enter the amount of ETH you wish to buy STEEM with. 
* Click on **Buy STEEM** to complete the transaction

<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmUTq7gYq65hM14weTRbd6BQQtDRfNPLnFtVzU2JWKoLKg/Screenshot_20210612-083324_Binance.png</center>

----

Once that is done, the amount of STEEM tokens you bought will now be displayed under the **Spot** wallet menu. I received 38.091 STEEEM tokens for 0.0065 ETH

---


<p><br></p>

---

####  <center>Transfering STEEM From Binance To Steemit Wallet</center>

---

Finally, we've been able to acquire STEEM. What is left now is to withdraw it to your Steemit wallet. 

To do so :

*  Select **Withdraw** at the **Spot** wallet menu and search and select  for STEEM with the aid of the search bar

<div class="pull-left">

![Screenshot_20210612-090713_Binance.png](https://cdn.steemitimages.com/DQmQowX1tRDQ7tX3uchumsmK6zes5xRb7vHMJN3CYDWTBu6/Screenshot_20210612-090713_Binance.png)
</div>

<div class="pull-right">

![Screenshot_20210612-090828_Binance.png](https://cdn.steemitimages.com/DQmbbdfAjGHkjLN6fuZdPZFVo7MKu9ZZxTk6jrpJStsrqxb/Screenshot_20210612-090828_Binance.png)
</div>

----

*  For this next stage, take extra caution as to the details you provide to ensure you don't lose your tokens to a bad transaction.
* Enter your Steemit user without the "@" sign as the **Address**.  You can see I typed **cherub27** which is my username.
* Select **Steem** as the **Network**
* You can use your username as **Memo**
* Enter the amount (Note that a transaction fee of 0.01 STEEM is charged)
* Click on **Withdrawal** 

<div class="pull-left">

![Screenshot_20210612-091311_Binance.png](https://cdn.steemitimages.com/DQmaj8Zfo3FY4RUDgZ1SVc2KD8m8ZiqSxSQshwtt7kGxAgU/Screenshot_20210612-091311_Binance.png)
</div>

<div class="pull-right">

![Screenshot_20210612-091330_Binance.png](https://cdn.steemitimages.com/DQmPgyTPRJEvS72FJDwdExAffAxuT4NH58v5XYGC1HC5ZkF/Screenshot_20210612-091330_Binance.png)
</div>

----

* Crosscheck the details submitted to verify that all details are correct and click on **Confirm**

<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmPrNBDrrd2jFbTQ9TvFy3HqPG6EEgNc5oEGVsjYHPfxjr/Screenshot_20210612-091418_Binance.png</center>


---

* Once the transaction is submitted, you will see receive progress of validation. The transaction will be completed within 30mins

<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmdNute9CttdaahAh4g67KREr9zC6oxMCHhm9JH4VtCtEr/Screenshot_20210612-091547_Binance.png</center>

----

* You can view the transaction on [Steemscan](steemscan.com) once its completed by clicking on **Check Explorer** button
<center>https://steemitimages.com/450x0/https://cdn.steemitimages.com/DQmUg7rHP4zfj8duC8SrRK81dHs5CZPqJU9YrA2Md7qdwr7/Screenshot_20210612-092044_Binance.png</center>

---

* Now let us verify from the Steemit Wallet 

![image.png](https://cdn.steemitimages.com/DQmf2VGBCs22EBqyAwQXAPSTyKsUM5ddaeCWXMCjJRjhKfd/image.png)
<center><b><sup>Transaction Recieved In Steemit Wallet</sup></b></center>

----


<p><br></p>

<div class="phishy">

###  <center>Now, Let's Power Up</center>

</div>

----

*  Log in your Steemit Wallet with your Active key 
1. Click on the drop-down button next to STEEM tokens and select **Power Up** from the drop-down menu

<center>![image.png](https://cdn.steemitimages.com/DQmZCbx5BTq6CRCjvdnMverYBGUzs1FWp5q1udQCEyKCej3/image.png)</center>


---


* Enter the amount and click **Power Up** to continue
<center>![image.png](https://cdn.steemitimages.com/DQmfMMU7ahNq8ybVFX4Dmdcjmuxbc3QCsWDQBZH6d5r9wSS/image.png)</center>


---

* Click **OK** to confirm the transaction

<center>![image.png](https://cdn.steemitimages.com/DQmbdiJKT5LuN3ATbRprwMKkjsN2mYjDjyvkow7pGaQFqEz/image.png)</center>


---


*  Now I have successfully powered up 97.3 STEEM 
<center>![image.png](https://cdn.steemitimages.com/DQmSphEnYHwDSBkfedidMAAmnZyhY2HJ7WsVWKXfRsYndEM/image.png)</center>

---


<p><br></p>

With this tutorial, I hope users especially newbies will now be able to transfer STEEM from their Binance account to their Steemit Wallet with ease. 

You can download the Binance mobile app from [Google Playstore](https://app.appsflyer.com/com.binance.dev?pid=organic&c=www.google.com) and [App Store](https://app.appsflyer.com/id1436799971?pid=organic&c=www.google.com) or scan the QR code from this [link](https://www.binance.com/en/download#)

---

<b>Thanks for your attention</b>

@pennsif
👍  , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (24)
@head1 ·
Very educational.  Thanks for sharing
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@rubilu123 ·
This was the tutorial I was just looking for.
And am glad you have done that effortlessly.
Thank you.
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@cherub27 ·
Glad to be of service
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@ghostfacer99 ·
Hello @cherub27, 

Welcome to the Steemit Nursery family! We are pleased to onboard you as a #Alumni in our community. 

> Please check out the [Steemit Nursery Community Announcement](https://steemit.com/hive-142140/@cryptokannon/steemit-nursery-community-announcement-updated-on-25-5-2021) before you post your next post in the Steemit Nursery. 

Have a pleasant stay in Steemit Nursery Community, Thank you! 💐

Best regards, 
Steemit Nursery Team
<center>https://cdn.steemitimages.com/DQmcbErdsg1UJmqePjCD3G9FsUKyBz6Jz1CBGSiNBmqrKG6/love-removebg-preview.png</center>
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@cherub27 ·
Thanks for the welcome @ghostfacer99.
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@chenty ·
Thank you very much for this tutorial. I've been looking for a way to this for a while now.
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@cherub27 ·
Great 👍
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@jhayss ·
Thank you very much.
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@cherub27 ·
Glad to be of service
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@banapat ·
Very nice tutorials. Thank you bro
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@cherub27 ·
You're welcome senior
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@faithilyn ·
This is so helpful. I surely needed this. Thank you so much @cherub27
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@cherub27 ·
You're welcome
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@pennsif ·
This post has been featured in the latest edition of **Steem News**...

* [**The Steem News @ 16 June 2021 - Crypto Academy - new Professors**](https://steemit.com/steem/@pennsif/the-steem-news-16-june-2021-crypto-academy-new-professors)
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@euclid49 ·
Bro you need to organize special tutorials for me 
You did a great work
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@cherub27 · (edited)
I glad it is helpful. Your suggestions are always welcome
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