#OrderTypes101

What is Binance Wallet and How to Deposit in It?

What is Binance Wallet?

Binance Wallet is a digital wallet inside your Binance account. It stores your cryptocurrencies safely.

There are different types of wallets in Binance:

Spot Wallet – for regular buying/selling

Funding Wallet – for P2P transactions

Futures Wallet – for futures trading

Earn Wallet – for staking and passive income

Each wallet is linked to your main account and easily accessible.

How to Deposit in Binance Wallet?

1. Log in to your Binance account.

2. Click on "Wallet" > "Fiat and Spot".

3. Click on "Deposit" button.

4. Choose if you want to deposit crypto or fiat (like PKR, USD).

5. For crypto:

Select the coin (e.g., USDT, BTC).

Select the correct network (e.g., TRC20, BEP20).

Copy the wallet address shown.

Paste it into your external wallet or exchange and send the crypto.

6. For fiat:

Choose currency (PKR, USD, etc.)

Choose payment method (bank, Easypaisa, P2P)

Follow on-screen instructions.

7. Wait a few minutes — once confirmed, your balance will appear in your wallet.