How to Transfer Your Crypto from Binance to Bitcoin Store

Why does this matter right now?

On 23 June 2026, the European Securities and Markets Authority (ESMA) issued an official statement calling on all unlicensed crypto-asset service providers to begin winding down their EU operations immediately. The deadline is 1 July 2026.

In practice, this means that platforms which fail to obtain a MiCA licence by that date can no longer onboard new EU clients, conduct marketing activities towards EU users, or hold client assets beyond what is strictly necessary for an orderly exit.

Clients of such platforms are not covered by the protections MiCA guarantees — neither in terms of asset security nor legal recourse should something go wrong.

Bitcoin Store (Digital Assets d.o.o.) has received its MiCA licence from HANFA and is one of the first MiCA-licensed crypto-asset service providers in the region.

If you are looking for a platform that meets all EU regulatory requirements, this is a practical guide on how to transfer your crypto.

Step 1: Create a Bitcoin Store account

If you don't have an account yet, registration takes just a few minutes. You can sign up via the website or through the Bitcoin Store Wallet app (available on Google Play and the App Store).

Have a valid email address ready and choose a strong password (at least 8 characters, combining uppercase and lowercase letters, numbers and special characters). We also recommend enabling two-factor authentication (2FA) straight away.

Step 2: Verify your account

Before making your first deposit or receiving a crypto transfer, you will need to verify your account. Verification is a legal requirement and takes less than five minutes.

What you will need:

• a national ID card, passport or residence permit
• a mobile device with a camera (for the selfie step)

The easiest way to complete verification is through the app. Confirm your phone number, upload your document (front and back for a national ID card, one side for a passport) and take a selfie following the on-screen instructions. Once approved, you will receive a confirmation email.

For detailed instructions with screenshots, see our guides: How to verify your personal Bitcoin Store account and How to verify your business Bitcoin Store account.

Step 3: Find your crypto address on Bitcoin Store

Once verified, log in to your Bitcoin Store account and open the Wallet for the cryptocurrency you want to receive (for example, Bitcoin, Ethereum or any other supported asset).

Select the Deposit option, then navigate to Deposit cryptocurrencies. Choose your desired currency, for example, Bitcoin, and the system will display the corresponding network and your unique crypto address. This is the address you will use to send funds from Binance.

Copy the address carefully using the copy button, do not type it manually. Each cryptocurrency has its own address and network, so make sure you are sending the right asset to the right address.

Step 4: Log in to Binance and initiate a withdrawal

On Binance, go to Wallet → Spot Wallet (or Funding Wallet, depending on where your funds are held) and select the currency you wish to transfer.

Click Send, which will open a dropdown menu with several options. Select Withdraw asset and enter:

• the address you copied from Bitcoin Store
• the network (must match the network on which Bitcoin Store receives that currency)
• the amount you wish to transfer

Before confirming, double-check all the details. Binance will ask you to confirm via email and/or your 2FA code.

Step 5: Wait for the transaction to be confirmed

Once you submit the transaction, it enters the blockchain for processing. How long this takes depends on the network and current congestion:

• Bitcoin: typically 10 to 60 minutes, sometimes longer
• Ethereum and ERC-20 tokens: a few minutes
• Other networks: usually faster, from a few seconds to a few minutes

You can track the transaction using the hash number shown in your Binance withdrawal history. Once Bitcoin Store receives and confirms the transaction, the funds will appear in your wallet.

Step 6: Check that your funds have arrived

Log in to Bitcoin Store and check that your balance has been updated. The details of the incoming transfer will be visible in your transaction history.

If the funds do not arrive within a reasonable timeframe, check the transaction status via a blockchain explorer using the hash number. If you have any questions, get in touch with us.

Things to keep in mind

Networks must match. If you send crypto to the wrong network, your funds may be lost or become inaccessible. Always check in advance which networks are supported.

Binance may have a deadline for withdrawals. In line with ESMA's guidelines, unlicensed providers are required to notify clients of the deadlines by which they must close or transfer their positions. Keep an eye on any notifications Binance sends to your email address.

Verification on Bitcoin Store is required before your first transfer. Without a verified account, you will not be able to receive funds.

If you have any questions about the transfer process, we are available via live chat and email. For more information on what the MiCA licence means for your funds, read our article: Bitcoin Store receives MiCA licence: what does this mean for you?