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How to Transfer Cryptocurrency Between Different Networks

How to Transfer Cryptocurrency Between Different Networks

April 23, 2025
5 min read

Transferring cryptocurrency between different networks requires careful attention to detail to ensure the security and success of the transaction. This guide provides step-by-step instructions for transferring USDC tokens from Binance to Trust Wallet, emphasizing best practices for security and verification.

Step 1: Set Up Trust Wallet and Add Arbitrum Network

  1. Download Trust Wallet: Obtain the official Trust Wallet app from https://trustwallet.com and install it on your mobile device.
  2. Create a New Wallet: Follow the on-screen prompts to create a new wallet. During this process, you will receive a 12-word recovery phrase. Store this phrase securely and never share it with anyone.
  3. Add Arbitrum Network: In Trust Wallet, tap the filter icon in the top-right corner. Search for "Arbitrum" and enable it by toggling the switch next to it. If Arbitrum doesn't appear, you may need to add it manually by entering the network details:
    • Network Name: Arbitrum One
    • RPC URL: https://arb1.arbitrum.io/rpc
    • Chain ID: 42161
    • Currency Symbol: ETH
    • Block Explorer URL: https://arbiscan.io
  4. Add USDC Token: Still in the filter/search area, search for "USDC" and enable it. Ensure you select the USDC token associated with the Arbitrum network.

Step 2: Obtain Your Trust Wallet USDC Address on Arbitrum

  1. In Trust Wallet, navigate to the USDC token you just enabled.
  2. Tap on "Receive" to display your wallet address and QR code.
  3. Copy the wallet address. It should resemble something like: 0xYourWalletAddress.

Step 3: Transfer USDC from Binance to Trust Wallet via Arbitrum One

  1. Log in to Binance: Access your account at https://www.binance.com.
  2. Navigate to Wallet: Go to "Wallet" > "Fiat and Spot."
  3. Withdraw USDC: Find USDC in your list of assets and click "Withdraw."
  4. Enter Withdrawal Details:
    • Paste your Trust Wallet USDC address into the "Address" field.
    • Select "Arbitrum One" as the transfer network.
    • Enter the amount of USDC you wish to transfer.
  5. Review and Confirm: Double-check all details, especially the wallet address and network. Confirm the withdrawal.
  6. Complete Security Verification: Follow Binance's prompts to complete any necessary security checks.
  7. Await Confirmation: The USDC should arrive in your Trust Wallet shortly after the transaction is processed.

Security Tips

  • Never share your private keys or recovery phrase. These credentials grant full access to your wallet.
  • Double-check wallet addresses and networks. Sending tokens to an incorrect address or network can result in permanent loss.
  • Be cautious of phishing attempts. Always use official websites and applications for transactions.
  • Enable security features. Use a strong password for your Trust Wallet and consider enabling biometric login or two-factor authentication (2FA) where applicable.

Verifying the Transaction

After completing the transfer, you can verify the transaction:

  1. In Trust Wallet, navigate to the USDC token to check your updated balance.
  2. Use a blockchain explorer like Arbiscan to track the transaction status using your wallet address or transaction ID.

Additional Resources