How to Transfer EOS to Binance

in cryptocurrency •  2 months ago

Hi Steemit

I have just transferred some EOS coins to Binance using Simpleos wallet. I was so worried and protective of my EOS coins and decided to wait few months for more people to try the wallets , and finally i decided to use Simpleos wallet. It was easier than i thought. It's probably quite late to write this, but hopefully useful for my followers who have not tried it yet

First, download the Simpleos wallet from EOSrio website


simpleos.jpg

follow the steps and enter your private key and setup a password for the wallet, and then you need to agree to the terms and conditions, and then you will see your EOS balance that you have registered before the mainnet launch.

Most of your coins would be staked and only a few available to be transferred, similar to Steem Power which can be unstaked and be available in a few days time.

Go to Binance Deposit page and Choose EOS


EOS Deposit address.jpg

The deposit address looks more like a username, another similarity to steemit. And you will notice a note from Binance

EOS Memo.jpg

The reason you need a memo is because all the EOS on Binance are deposited to the same address under that same username, therefore a memo is needed to identify that EOS belongs to which Binance customer

Copy Address( Account name) and Memo from Binance to your Simpleos wallet


send EOS.jpg

type amount and click send button

Thank you for viewing

Always try sending 1 coin first for practice, when it is successful, you can send more amount later

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@djohan,
I also have a collection of EOS and will try this out! Thank you and really appreciate your information!

Cheers~

Interesting post.
Thank you for sharing.
It is too complicated for small investments - IMHO.
I am glad that you've "got it!"
All the best!

You toturial is well understood and straight to the point, I have been contemplating between using simpleos and greymass wallet for my Eos storage , but it seems simpleos is more user friendly to use for Eos transactions

Thanks for sharing the process and a great tip in the end by you to remember always before sending huge amount :)

Thanks for the tutorial in simple word @djohan

Very good and useful tutorial , thanks friend .

Useful step by step tutorial . It will help many persons .

thanku so much for guiding us and giving us good steps for proper transferring and yes it is best practice

Always try sending 1 coin first for practice, when it is successful, you can send more amount later

I did a transfer some weeks ago and it was so fast and simple, we know the eos blockchain has some bugs but even with that the blockchain works well, good tutorial so easy. Regards

Whoa the EOS supply is already inflating.

Yes...very cautious about new wallets :-) Thank you

Hello @djohan, very good post, EOS for me is the best.
Have a nice day:)

Thank you very much! This is new to me, I will have to look at this wallet!
Cheers.

Thanks for the information and really good.so useful article.
Thanks @djohan
Have a great day

EOS is very promising, I actualy sold most my eth for EOS