Spot Wallet vs Funding Wallet โ Whatโs the Difference ?
New to Binance ? Confused between Spot Wallet and Funding Wallet ? Letโs break it down ๐
๐ธ Spot Wallet
โ This is where your crypto lives when you buy, sell, or trade directly on Binance (Spot Trading).
โ Example: You buy BTC or USDT โ it goes here!
๐ธ Funding Wallet
โ This wallet is used for P2P trades, Binance Pay, and gift cards.
โ You must transfer crypto from your Spot Wallet to Funding Wallet to use these features.
๐ Quick Tip: You can easily move your funds between both wallets anytime with zero fees!
๐กIf you're doing P2P or using Binance Pay โ check your Funding Wallet!
Letโs keep learning together.