What is Funding wallet on Binance?

Users now have the options to deposit crypto into or withdraw crypto from either the Spot Wallet or the Funding Wallet. The Funding Wallet balance reflects a user’s total crypto balance from P2P buy/sell orders, Binance Payment, Binance Card and Crypto Deposit/Withdrawal .3 Kas 2021

The Funding Wallet in Binance is the wallet that holds all the assets traded via P2P . It reflects the total balance of all P2P trades, Binance Pay, and Binance Card. Funding Wallet = Balance of (P2P buy/sell orders + Binance Pay + Binance Card)16 Oca 2022

Open your Binance App, and tap [Wallets] – [Overview] – [Transfer]. You can also log in to your Binance account on Binance website, and tap [Wallets] – [Overview] – [Transfer]. 2. Choose [Funding] as the destination wallet, the type of crypto you want to transfer, and enter the amount.

Step 1: Whether you’re accessing Binance via desktop or app, go to Wallet, then Overview. Choose Transfer. Step 2: Select Fiat and Spot under From and Funding under To. Choose a cryptocurrency that Binance Pay supports, enter the amount you want to transfer, and tap Confirm.