What is the Funding wallet on Binance?
If you have used Binance's P2P or made any futures transactions, you may have seen the "Funding" tab in your wallet. But what is it for?
The Funding wallet is where the funds used for P2P trading, crypto payments, Binance Pay, and third-party transactions on the platform are stored.
Main uses of the Funding wallet:
P2P (Peer to Peer):
When you buy or sell crypto with other users, the amounts first go to the Funding wallet.
Binance Pay:
When sending or receiving payments via Binance Pay, the amounts also go through this wallet.
Internal Transfers:
You can move funds between the Funding wallet and other Binance wallets (Spot, Earn, Futures, etc.) with just a few clicks — and without fees.
Important:
If you are having trouble withdrawing or selling a crypto, check if it is in the Funding wallet and transfer it to the Spot wallet.
Tip:
The Funding wallet is not an investment wallet. It is a “transit wallet,” used to facilitate your operations within the platform.
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