# Using Binance

## Binance Account

### How to Get Your Binance USDT Address

This is for receiving **USDT** (**ERC-20 network** :warning:)

* USDT is a non-volatile Ethereum token whose value is tied to the real US Dollar
* Must Use the **ERC-20 network**, so that it encompasses the entire Ethereum ecosystem. not just specific Layer 2 Blockchains like BSC/Tron/etc

**To get your Binance USDT Address:**

1. Go to *Wallet > Funding Wallet*

2. Click Deposit > Select USDT as Coin

3. Select Ethereum (ERC20) as Network

4. Copy your Address and add to Invoice

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## Withdrawing from Binance

#### To Withdraw funds to your Bank Account/Gcash/etc

1. Go to Trade > P2P

2. Click More > Payment Methods

3. Select Add a Payment Method > More

4. Search for your Bank name, or Gcash, Paymaya, and input your details

5. Go back to P2P page

6. Click Sell > USDT

7. Pick the user you want to trade your USDT tokens with, take note of ***Trade Completion%***, the ***Available Funds of the buyer*** and their ***accepted Payment Channels***

8. Click Sell, input amount, and choose a payment channel

9. Wait for the user to send funds first, make sure to check your bank/wallet accounts directly if you received it

10. Click Release Payment for seller to receive your USDT token. Binance is acting as escrow in this case