Deposit from Binance to Peanut

Send a supported currency on the exact network shown in Peanut. Review Binance’s current withdrawal fee and minimum before confirming.

You can fund Peanut from Binance by withdrawing USDC or USDT to the deposit address shown in Peanut. Currency, network, and address must all match. A mismatch can prevent the deposit from being credited.

Before you start

You need a Binance account that can withdraw and a Peanut account with a deposit address. Binance may require identity verification under its own account rules. Peanut does not require identity verification for a digital-dollar deposit.

Open Peanut first and check the current currency, network, deposit address, and minimum shown for that address. Network availability and minimums can change, so the app is the source of truth for this transfer.

How to deposit from Binance

  1. 1

    Choose Deposit in Peanut

    Open Peanut, select Deposit, then choose the currency and network you intend to use.

  2. 2

    Copy the address and minimum

    Copy the address exactly and note the minimum displayed for that deposit route.

  3. 3

    Open the withdrawal flow in Binance

    Open Binance, choose Wallet, then Spot Wallet, select the currency, and choose Network withdrawal.

  4. 4

    Match the currency and network

    Choose the same currency and network shown in Peanut. Do not select a similarly named network or a different currency.

  5. 5

    Paste and verify the address

    Paste the Peanut address, compare its first and last characters, and enter an amount at or above the current minimum.

  6. 6

    Review the final withdrawal screen

    Check Binance’s current fee, minimum, amount to be delivered, currency, network, and address. Confirm only when all details match.

Supported currency and network combinations

These combinations are available for deposits from this exchange to Peanut. Confirm that your chosen combination still appears in both apps.

NetworkCurrencies Peanut creditsAddress type
Arbitrum OneUSDC, USDTEVM 0x address
BaseUSDC, USDTEVM 0x address
PolygonUSDC, USDTEVM 0x address
EthereumUSDC, USDTEVM 0x address
SolanaUSDC, USDTSolana address
TronUSDT onlyTron address

Tron accepts USDT deposits only; do not send USDC over Tron. This guide covers the USDC and USDT routes confirmed for Binance. Peanut also accepts ETH on supported EVM networks, but use it only when both apps show that exact currency and network. Unsupported currencies are not credited and may be lost.

How your balance is credited

USDC deposited on Arbitrum is credited 1:1. USDC on another supported network can vary slightly with the market conversion. USDT is converted to USDC at the available market rate. The Peanut balance is then shown in dollars.

Fees, minimums, and timing

Peanut covers its deposit processing. Binance may charge a withdrawal or network fee, and its current minimum may vary by currency and network. Review the final Binance withdrawal screen for the current figures.

Arrival depends on Binance processing the withdrawal and the selected network confirming it. Do not treat an old timing estimate as a guarantee. If the withdrawal is still processing, wait for Binance to broadcast it. If it is complete but missing from Peanut, collect the transaction hash and use the deposit troubleshooting guide.

Avoid the most common errors

Check the network twice, especially when the same currency appears on several networks. Use the address generated for the selected Peanut route. Use only a currency and network shown in both apps. Peanut does not credit unsupported currencies. A small test withdrawal can reduce risk, but it must still meet the current minimum and may incur a separate Binance fee.

FAQ

How long does a deposit from Binance take?

Timing depends on Binance processing and network confirmation. Check the withdrawal status first; Peanut credits the deposit after the supported transfer is processed.

Are there fees for depositing from Binance?

Peanut covers deposit processing. Binance may charge a withdrawal or network fee, shown on its final confirmation screen.

What currencies can I deposit?

This guide covers the confirmed USDC and USDT routes. Peanut also accepts ETH on supported EVM networks when Binance shows the exact same route.

Is every USDC deposit credited 1:1?

No. Only USDC on Arbitrum is guaranteed 1:1. Other supported currencies and routes use the available market conversion.

My deposit has not arrived. What should I do?

Check that Binance marks the withdrawal complete, then verify currency, network, address, minimum, and transaction hash. Use the troubleshooting guide if the network confirms it but Peanut does not show it.

Get started with Peanut

Copy the current deposit details, match the network in Binance, and review the final withdrawal screen.