How to transfer BCH from Read.cash to BINANCE

Happy day friends

A short time ago I read the article published by @CoquiCoin "My experience using P2P on Binance", it is well detailed how to change BCH to your local currency using Binance. But how do I do to transfer my BCH to Binance, I will explain it below.

Binance is a cryptocurrency exchange platform, which owns its own token (BNB), the company was founded in China but moved its servers and headquarters to Japan before the Chinese government banned cryptocurrency trading in 2017.

By 2018, Binance became the exchange with the largest number of operations in the world, with its headquarters in Japan and Taiwan. Binance has several project alliances in different countries.

These are my sponsors, they have very interesting topics, you can visit them, you will like them.

Binance had the largest cryptocurrency exchange that capitalized $1.3 billion of BNB. Because of this Zhao, who is the CEO of Binance, Forbes magazine has him rated as the third person who owns the third largest cryptocurrency wealth worldwide.

Binance offers many advantages, you can buy or sell more than 100 types of cryptocurrencies it owns at any local currency, you can exchange cryptocurrencies at any time and very easily, it has several payment options including bank transfers, using debit or credit cards and cash. Binance works only with people who have been verified, it is a very safe platform and one of the most used in the world, you also have the option to do Cryptocurrency Trading, also if you are not using your cryptocurrencies you can earn an annual percentage, which would be charged daily or depending on the option you have chosen.

Once we have our account in Binance, we can access it from the computer or from our mobile, there we look for the first option in the upper right hand side the wallet tab, when the tab is displayed we look for the last row where Spot Wallet appears and we select it with a click.

Being in Spot Wallet, in the box shown below we write the acronym of our currency BCH and select, now go to the right side and click on Deposit.

Here a window will open, click on Network and it will open this other window where we will select the Network, which is BCH, you must be very careful to select the correct network, check very well that it is BCH, if by mistake you select another network you can lose your cryptocurrencies.

When we open this window we will copy our BCH wallet from Binance.

Having copied our BCH wallet from Binance, we go to Read.Cash and select send my money.

In this window we will paste our Binance BCH address.

Then we go to the cashddr.org link, click on it and it will open a page where we will change the wallet address.

In this link we are going to renew the Binance wallet address, copy the one that says bitcoincash and go back to Read.cash.

In this window we paste our new bitcoincash address (it is the same of Binance), change the switch to BCH, although I believe that with $ can also be done and put the amount of BCH you want to send to Binance, click on the send button.

Ready, transaction in process, it is time to wait for the BCH to arrive to Binance, in my case they arrived in about 17 minutes.

Binance sends you an email confirming the transaction.

We go to Binance, we look for the Wallet tab, Transaction History, and we get our BCH.

Indeed, our BCH arrived, without any additional fee.

As you can see it is a simple transaction, just follow the steps correctly and in a short time you can send your BCH to Binance and then exchange them to your local currency.

Original content, information researched on the web and paraphrased.

Images are screenshots of the procedure

Thanks for reading, remember to like me and follow me

Reference:

https://es.cointelegraph.com/explained/what-is-binance-and-how-it-works

Cover image taken from: https://criptonave.com/binance-que-es-y-como-funciona-guia-completa-2021/