This guide outlines the simple and effective step-by-step process of how to send crypto from Binance to Mudrex exchange. In light of the recent FIU’s crackdown on Binance and nine other offshore crypto exchanges, investors are left hopeless to wonder about the safety of their funds. Introducing Mudrex, the most compliant & secure crypto exchange in India with a strong focus on user convenience, ensuring a frictionless process for crypto deposits and withdrawals. More on this below.
Seamless Crypto Deposits with Mudrex: Empowering Users with Regulatory Compliance
Regulated by the Financial Intelligence Unit (FIU), Mudrex ensures 100% fund security. With six years of experience, we’ve been pioneers in the Indian crypto space, offering a user-centric platform with seamless and smooth crypto deposits and withdrawals. Unlike other exchanges, Mudrex stands out by introducing a zero gas fee crypto deposit feature, exemplifying our commitment to cost-effectiveness and innovation in the Indian crypto landscape. Join us for a secure and hassle-free crypto experience.
Step 1. Go to the cryptocurrency’s Coin page on the Mudrex app
To do this, click on Coins at the bottom and then search in the search bar for the coin that you want to transfer.
For the purpose of this article, I’ve chosen Bitcoin. Click on More at the bottom, then click on Deposit BTC.
On this screen, choose BNB Smart Chain (BEP-20) as your blockchain network and copy your public wallet address. We won’t charge any transaction fees.
Step 2. Initiate withdrawal from Binance
Go to your wallet on the Binance app and click on Withdraw.
Choose Bitcoin from the list of cryptocurrencies, and when the popup appears, click on Send via Crypto Network.
On the next screen, paste the Mudrex wallet address that you copied in Step 1, choose the same network that you chose in Step 1, and enter the crypto withdrawal amount. Click on Withdraw.
Step 3. Confirm the deposit
Return to your wallet on the Mudrex app. Under Activity, you’ll see the withdrawal transaction that you initiated in Step 2. Click on Details needed to proceed.
On the next screen, verify that all the transaction details are correct, including the wallet address, network, and exchange. After you’ve verified these details, scroll down to the bottom and click on Verify deposit.
Transactions on the blockchain take a few minutes to complete. Once your transaction is complete, you’ll see a message verifying it.
And that’s it. All your crypto is now safely stored in your Mudrex wallet.
Why Should You Choose Mudrex?
There are several reasons why you should consider moving to Mudrex. Here are some of them:
- Unwavering Security: We prioritize user safety with industry-standard security measures like data encryption, biometric authentication, cold storage for funds, multi-sig technology, and regular security audits. They ensure your crypto assets remain completely safe.
- Seamless Transfers: Moving your crypto from other platforms is a simple process.
- Dedicated Support: Our friendly and knowledgeable team is available 9 to 7 daily to assist you every step of the way.
- UPI: Mudrex supports UPI as a payment option, which is rare in the industry.
- Huge variety of coins: Mudrex features over 350 coins and tokens to invest in, from popular ones like Bitcoin (BTC) and Ethereum (ETH) to smaller ones like Osmosis (OSMO) and Neo (NEO).
In summary, Mudrex offers a compelling alternative to mudrex by providing seamless crypto deposit & withdrawal options at zero fees.
This guide has walked you through a seamless transition from Binance to Mudrex, ensuring your crypto is securely stored in your Mudrex wallet.
With Mudrex, you gain access to unparalleled security measures, effortless transfers, dedicated support, the rare inclusion of UPI as a payment option, and an extensive range of over 350 coins and tokens. Make the move to Mudrex for a user-friendly and diverse crypto investment experience.