Thursday, 8 August 2019

What if Your deposit is not Credited In binance?

Whenever you want to deposit Cryptocurrencies in Binance, There is a specific process to do it.  You do a Binance login, then Go to Funds from the menu. There you can see the option for the deposit, Choose the coin. Then copy the address and memo( If required), paste in the wallet. From there, you have not deposited the Coins. However, sometimes your Deposit amount does not get credited in the Account. You have waited for long enough, but still, it has not deposited. There are a few things you can do, which are going to tell you below.

What to Do?

There are few things to know first when you have completed the process, and it does not mean it will get credited instantly. Since Binance is based on Blockchain, then the transaction is posted on Blockchain. It will take some time to get through it. So there is no use of going to Binance login, then checking it.

Various Blockchain has its method of Confirming the transaction. For this process, it better to wait. Once the transaction is verified then you will get the deposit coins.

If on your transaction, it is still written unconfirmed, then no one can do anything, So do not waste your time by every now do a Binance login and then checking it. Once it is included in the process of blockchain, the procedure of Confirming will begin.
In bitcoin and the project based on bitcoin transaction should arrive in your account after two Confirmations. While for Ethereum and other projects, it takes around thirty confirmations for the final transaction.

If you are still not sure what to do, then it's best to take a screenshot of your transactions.  Go on the Binance login page. Login then goes to the transaction page. There take the screenshot. Two screenshots will be required. One is for explored with Confirmed Transaction — another of your Account balances.

If you do not send the screenshot, they will not take it as a priority. So, it's better to attach them while reporting the issue.

Source Url:- Binance Official site

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