Want to send crypto to another Binance user without withdrawal fees? Internal transfers save you money. sign up for Binance to get started, and download the Binance APP for quick transfers.
What Is Internal Transfer?
Internal transfers move assets between two Binance users without going through the blockchain. Since it's off-chain, there are no network fees and delivery is instant.
Transfer Methods
Via Email/Phone
- Go to the withdrawal page
- Select the cryptocurrency
- Switch to "Binance User" mode
- Enter their email, phone, or Binance ID
- Enter amount and confirm
Via Binance Pay
- Open Binance APP, find "Pay"
- Tap "Send"
- Scan the recipient's QR code or enter their info
- Select coin and amount
- Confirm
Via Binance ID
Every Binance user has a unique UID number for transfers.
Advantages
| Feature | Internal Transfer | On-Chain Withdrawal |
|---|---|---|
| Fees | Free | Network fees apply |
| Speed | Instant | Minutes to hours |
| Difficulty | Simple | Must verify address/network |
| Scope | Binance users only | Any address |
Binance Pay Extra Features
- Red packets: Create crypto red packets to share
- Receive: Generate QR codes for receiving
- Merchant payments: Pay at supporting merchants
Safety Notes
- Double-check recipient info — wrong transfers are hard to reverse
- Security verification is still required
- Don't trust strangers asking for transfers
- Verify the legitimacy of any transaction before proceeding
When to Use Internal Transfers
- Sending crypto to friends or family
- Transferring between your own Binance accounts
- When you need instant delivery without fees
A very practical feature that saves significant fees when used wisely.