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Binance account

  • Updated

Note

If you are working with a US account, please refer to the instructions for Binance.US accounts.

Configuring your Binance account

To configure your Binance account and connect it to Fireblocks follow these steps:

  1. Refer to the Binance.com API Documentation to learn how to generate a Binance API key.
  2. Name your new API Key “Fireblocks.”
  3. After you confirm the validity of your new API key, copy and keep a record of both the API Key and Secret Key. You will need them when adding this exchange to your workspace.
  4. Make sure you enable the following API Restrictions:
    • Reading
    • Withdrawals
    • Internal Transfer
    • Enable Symbol Whitelist
  5. If you intend to add trading account support* to this account, also enable these:
    • Spot & Margin Trading
    • Margin Loan, Repay & Transfer
    • Futures
    • Permits Universal Transfer
  6. Under IP access restrictions, select Restrict access to trusted IPs only, delete the 0.0.0.0 address, and then add the following IP addresses:
    • 18.98.161.0 18.98.161.1 18.98.161.2 18.98.161.3 18.98.161.4 18.98.161.5 18.98.161.6 18.98.161.7 18.98.161.8 18.98.161.9 18.98.161.10 18.98.161.11 18.98.161.12 18.98.161.13 18.98.161.14 18.98.161.15 18.98.161.16 18.98.161.17 18.98.161.18 18.98.161.19 18.133.153.74 3.10.68.107 3.64.123.47 18.158.242.74 3.10.103.242 3.67.233.15

*The Binance Portfolio Margin Pro Program is not currently supported in Fireblocks.

Important

  1. Whitelisting an IP address enables network access to relevant IP addresses. This is different from whitelisting a deposit address.
  2. All IP addresses above must be whitelisted, otherwise, the account connectivity will fail.
  3. If you have an existing Binance account please update your list of trusted IPs to include all IP addresses above. This is necessary to maintain secure and uninterrupted access to your account, as Fireblocks updates the IP address pool used to connect with Binance.

Configuring Fireblocks

  1. In the Fireblocks Console, go to Accounts > Exchanges.
  2. Select + Connect Account.
  3. Select Binance, select Main Account, and then complete the following fields:
    1. Name on Fireblocks: Enter the name you want to give this exchange account on Fireblocks.
    2. API Key: Enter the API key that you saved from Binance.
    3. Secret Key: Enter the Secret key that you saved from Binance.
    4. Email: Enter the email account you used to register your Binance account.
  4. Select Connect Account.

The Admin Quorum must approve the new account to make it available for new transfers from your workspace.

Your Binance account is displayed on the Exchanges page, with all managed assets and their balances. Following Admin Quorum approval, transfers are available from your vault accounts, whitelisted addresses, Fireblocks Network connections, and other connected exchange accounts to your Binance account. Withdrawals from your Binance account are permitted after whitelisting at least one deposit address on Binance.

Enabling withdrawals from Binance

Learn more about enabling exchange account withdrawals.

Enabling deposits to Binance

Binance allows you to create multiple deposit addresses for a single blockchain. A deposit address book manages deposit addresses for each supported blockchain. Fireblocks returns a new address for each deposit, up to a maximum of 20 addresses per network.

Transferring USD stablecoins with Binance

Binance automatically converts TUSD, USDP, and USDC stablecoins to BUSD when they're deposited into a Binance account from any source.

When you withdraw BUSD from your Binance account, you can select TUSD, USDP, or USDC from the asset menu to convert BUSD automatically and transfer it.

Transferring assets between Ethereum and BNB Smart Chain

BNB Smart Chain (BSC) is a separate blockchain from Ethereum and all other blockchains. There are many asset types available on BSC that are pegged to tokens with the same name on other blockchains. This includes ETH, USDT, XRP, USDC, DOT, and other tokens.

To transfer assets between BSC and another blockchain, use Binance Bridge or any other trusted service that creates cross-chain transfers.

BSC-based assets may be transferred to and from any vault account with appropriate deposit addresses or any other relevant deposit address, smart contract, exchange, or DeFi integration.

Binance sub-accounts

Learn more about connecting a Binance trading account to this main account. 

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