LESSON 9: Depositing and withdrawing funds on the exchange. Fast exchange and purchase of crypto

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In this lesson you will learn:

  • How to create and deposit a Binance wallet;
  • How to send and withdraw from Binance wallet;
  • What’s essential to know about crypto before sending so you don’t lose it forever;
  • How to easily exchange one coin for another.


Complete the assignments:

  1. Transfer 20-100 USDT from your Trust Wallet to your Binance Wallet.

  2. Exchange your 20-100 USDT to Bitcoin (BTC) via the «Convert» function.


Supplementary materials:

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Text of the Lesson




let’s check your knowledge

1. Decentralized apps that allow you to transfer the same asset between different blockchains are:

  • Cross-chain apps
  • Cross-chain bridges
  • Blockchain bridges
Cross-chain bridges




2. Selling USDT in exchange for US Dollars is:

  • Wallet replenishment
  • Crypto deposit
  • Crypto withdrawal
Crypto withdrawal




3. Cryptocurrency listing is:

  • A procedure of including of a cryptocurrency in the list of exchange assets
  • A procedure of removing of a cryptocurrency in the list of exchange assets
  • A procedure of including of a cryptocurrency in the list of blocked exchange assets
A procedure of including of a cryptocurrency in the list of exchange assets




4. To find your wallet address on the Binance exchange, you need to use the following command:

  • Deposit
  • Withdraw
  • Exchange
Deposit




5. Polygon is a blockchain of a following coin:

  • MATIC
  • DOT
  • TRX
MATIC