how to transfer usdt from trust wallet to binance without fee

By leveraging the Binance Chain Wallet and Binance Smart Chain, users can transfer USDT from Trust Wallet to Binance without incurring transaction fees, ensuring a cost-effective and seamless transfer experience.

Nov 14, 2024 at 05:12 pm

How to Transfer USDT from Trust Wallet to Binance Without Fee: a Comprehensive Guide

Introduction

Transferring cryptocurrency between different platforms can often involve transaction fees, reducing the overall value of the transfer. However, with the right strategy, it is possible to bypass these fees and enjoy a seamless and cost-effective transfer experience. This guide will provide you with a step-by-step breakdown of how to transfer USDT from Trust Wallet to Binance without incurring any fees.

Prerequisites:

1. Binance and Trust Wallet accounts must be set up and funded with USDT.
2. Download and install Binance Chain Wallet extension or mobile app.
3. Add BNB to your Trust Wallet to cover transaction fees on Binance Smart Chain (BSC).

Step-by-Step Guide:

1. Download and Set Up Binance Chain Wallet

• Visit the Binance website or Google Play Store and download the latest version of Binance Chain Wallet.
• Create a new wallet or import an existing one using your private key.

2. Add Binance Smart Chain Network to Trust Wallet

• Open Trust Wallet and tap on the "Settings" tab.
• Select "Networks" and then tap on the "+" icon.

• Enter the following details:

  • Network Name: Binance Smart Chain
  • RPC URL: https://bsc-dataseed1.binance.org/
  • ChainID: 56
  • Currency Symbol: BNB
  • Block Explorer URL: https://bscscan.com/

3. Send USDT to Binance Chain Wallet Address

• Open Trust Wallet and navigate to your USDT balance.

• Tap on "Send" and enter the following details:

  • Recipient Address: Copy the Binance Chain Wallet address.
  • Amount: Enter the amount of USDT you wish to transfer.
  • Confirm the transaction and wait for it to complete.

4. Receive USDT on Binance Chain Wallet

• Open Binance Chain Wallet and check your balance. The USDT you sent from Trust Wallet should now be available in your Binance Chain Wallet.

5. Withdraw USDT from Binance Chain Wallet to Binance Spot Account

• Open Binance and log in to your account.
• Click on "Wallet" and then "Withdraw."
• Select "Binance Chain (BEP20)" as the withdrawal network.
• Enter the amount of USDT you wish to withdraw and the Binance Spot Wallet address.
• Confirm the withdrawal and wait for it to process.

Additional Tips:

• Transferring USDT directly from Trust Wallet to Binance Spot Wallet on Ethereum network will incur gas fees.
• Binance Smart Chain (BSC) offers lower transaction fees compared to Ethereum.
• BNB is required to pay transaction fees on BSC.
• Double-check the recipient address before sending USDT to avoid any fund loss.
• Binance Chain Wallet is a non-custodial wallet, meaning you have full control over your funds and private keys.