Crypto

3 Steps To Send ThorChain (RUNE) From Binance To Trust Wallet

If you own some RUNE, you may be looking to send it to your Trust Wallet.

There are 3 networks that you can send RUNE on, (native Thorchain, BEP2, and ERC20). However, Binance only offers BEP2 withdrawals.

Here’s a guide on how you can do so:

How to send RUNE from Binance to Trust Wallet

Here are 3 steps to send RUNE to your Trust Wallet:

  1. Obtain the RUNE deposit address from Trust Wallet
  2. Paste the RUNE deposit address on Binance
  3. Confirm the withdrawal details

Here, each step is explained further:

Obtain the RUNE deposit address from Trust Wallet

The first step you’ll need is to obtain the RUNE deposit address from your Trust wallet.

When you are on the homepage of your Trust Wallet, you will need to tap on ‘Receive‘.

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Trust Wallet will now show you all the tokens that you can deposit onto their platform. You will need to search for RUNE, and it will bring up the versions of RUNE (native Thorchain, ERC20, or BEP2). 

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You may want to note that Binance only supports BEP2 withdrawals for RUNE.

If you intend to deposit RUNE via the Binance Beacon Chain (BEP2), your wallet address would start with ‘bnb‘, and no memo is required! 

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This allows you to view and copy the BEP2 address for RUNE. You may want to note that you can only send the BEP2 version of RUNE to this address.

If you send other coins to this address, it may result in permanent loss!

Paste the RUNE deposit address on Binance

After you have copied the deposit address from Trust Wallet, the next step would be to paste the RUNE deposit address to your Binance.

If you are sending RUNE via the BEP2 the address should start with ‘bnb‘, and you can choose to transfer it out.

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Furthermore, no memo is required when you are sending from Binance to Trust Wallet!

Confirm the withdrawal details

After you have pasted the RUNE deposit address you obtained from your Trust wallet, the last step will be to confirm the withdrawal details.

You may want to note that Binance charges 0.031 RUNE for all RUNE (BEP2) withdrawals. 

Conclusion

When you are sending RUNE from Binance to Trust Wallet, you are only able to send it via the BEP2 network.

Binance does not support native RUNE and the ERC20 version of RUNE, and only the BEP2 version of RUNE.

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