Many users (especially new ones) or those switching from one cryptocurrency exchange to another face some difficulty in extracting a USDT address.
Here is a simple and illustrated explanation of how to correctly obtain a USDT address on the Binance BEP20 network.
Get a deposit address for USDT
First and foremost, before proceeding, you must have:
Internet-connected phone
Install the Binance app on your phone
Steps:
Log in to your Binance account
From the bottom menu, select the “Wallet” (Assets) icon.
Click the yellow “Add Funds” button.
Select currency: USDT.
Select the network you want to deposit on:
TRC20 (Low Fees, Tron Network)
ERC20 (Ethereum network, higher fees)
BEP20 (Binance Network)
Here we will choose Binance Network BEP20:
The deposit wallet address will be generated automatically.
Copy this address and use it to transfer USDT from an external wallet.
This way you have a USDT wallet address on the Binance BEP20 network.
In the second part of this explanation series, we will explain:
