In the crypto world, the first step is always to learn how to deposit and withdraw funds.

Deposit = exchanging fiat currency for cryptocurrency;

Withdrawal = selling cryptocurrency to exchange back for fiat currency.

It sounds simple, but for beginners, there are many risks: wrong address, wrong network, funds not arriving… To avoid pitfalls, AICoin presents the most comprehensive safety guide for beginners.

1. What are deposits and withdrawals?

• Deposit: Adding fiat currency to a trading platform and exchanging it for cryptocurrencies like USDT, BTC, ETH, etc.

• Withdrawal: Selling the cryptocurrency you hold to exchange back for RMB/USD and withdrawing to a bank card.

You can think of it as withdrawing cash from a bank: no matter how complex the investment and trading are, it ultimately revolves around deposits and withdrawals.

2. Common deposit methods

1. Buying cryptocurrency with fiat (most suitable for beginners)

Directly buy cryptocurrency (commonly USDT) with fiat currency, equivalent to "recharging."

Notes:

• Make sure to complete real-name verification;

• Choose a safe and reliable advertiser;

• It is recommended to test with a small amount for the first operation.

Steps:

1) Register and complete real-name verification;

2) Open the 【Buy Cryptocurrency】 page, enter the amount, and choose the payment method (bank card/payment platform);

3) Transfer as prompted → Confirm receipt → Digital currency arrives.

👉 Beginners are advised to buy 100 yuan for the first time, and after ensuring the process is smooth, increase the amount.

2. Cryptocurrency recharge

Transfer existing coins from other platforms or wallets to the exchange account.

Notes:

• The address must match the network (e.g., ERC20, TRC20, BEP20);

• Some coins (like XRP, XLM) require filling in Memo/Tag, otherwise, they may not arrive;

• It is recommended to first transfer a small amount for testing, and confirm success before transferring a larger amount.

Steps:

1. Select 【Recharge】 on the exchange, copy the recharge address and Memo/Tag (if any);

2. Open the sending platform/wallet, paste the address, and select the correct network;

3. Enter the amount, initiate the transfer, and wait for block confirmation.

3. Common withdrawal methods

1. Selling coins for fiat

Sell USDT for fiat currency and withdraw to a bank card.

Notes:

• Choose reputable buyers;

• For large withdrawals, it is best to do it in batches to avoid triggering risk control or delays in arrival;

• Make sure to confirm receipt before releasing digital currency.

Steps:

1) Place an order or quickly sell USDT in the 【C2C Market】;

2) Wait for the buyer to pay to your bank card;

3) After confirming receipt, release the digital currency, and the transaction is complete.

2. Withdraw to a personal wallet

Transfer coins from the exchange to a wallet you control, which is safer and more free.

Notes:

• Fees and arrival times vary by network;

• The address and network must match, otherwise, coins may be lost;

• It is recommended to first test with a small amount to avoid losses due to operational errors.

Steps:

1) Open 【Withdraw】 on the exchange, enter the target wallet address;

2) Select the correct network and coin type;

3) Enter the withdrawal amount → Confirm → Wait for the network to complete packaging.

4. Common pitfalls for beginners

1. Choosing the wrong network: USDT has ERC20, TRC20, BEP20; even one extra letter can lead to a loss.

2. Forgetting to fill in Memo: Coins arrive at the platform but cannot enter the account.

3. Address being tampered with: Trojan viruses can replace your receiving address.

4. Making a large transfer at once: No testing, directly sending everything.

5. Trading casually with strangers: There is a possibility of not releasing coins after receiving payment or running away.

👉 Mnemonic: “Test with a small amount, ensure the address is correct, and the network is correct.”

5. How to deposit and withdraw more safely?

For beginners just starting out, it is recommended to choose trading platforms with safety mechanisms:

• Provide compensation plans to avoid financial losses;

• Officially reviewed advertisers to eliminate the risk of running away;

• Transparent fees, and even activities with no fees.

Binance's C2C platform has officially announced two major upgrades: comprehensive asset protection enhancement and zero trading fees, allowing users to feel more secure and at ease when depositing and withdrawing funds.

Highlights of the two upgrades

1. Strictly selected advertisers (Strict Selection Area)

• 100% full compensation, with a compensation limit of up to 50,000 USDT

• No trading fees

2. Regular advertisers (Non-Strict Selection Area)

• Small transactions (<1,000 USDT): full compensation

• Large transactions (>1,000 USDT): compensation for the excess part at 10%

• Compensation limit of 3,000 USDT, with a minimum compensation of 1,000 USDT

• Fees are also waived

For beginners, such mechanisms can greatly reduce the risks of depositing and withdrawing funds.

In addition to financial protection, Binance has also launched new user rewards:

• Enjoy a 10% fee rebate upon registration;

• Chance to receive up to $600 in new user rewards;

👉 Friends who want to try can click here to safely start your crypto journey.

https://jump.do/zh-Hans/xlink-proxy?id=3

6. Summary

1. Depositing and withdrawing funds is the first step for beginners; safety is always more important than speed.

2. Remember: test with a small amount first, then operate with a large amount; this is an unchanging rule.

3. Want to feel more secure? Choose platforms with full compensation + no fees mechanisms, which can help you avoid most risks.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。