MultiversX Tracker is Live!

Basic questions regarding ETH transfers

Etherum Reddit

More / Etherum Reddit 215 Views

Hello everyone, I hope you can help me with some questions I have.

The situation is as follows: I currently have a significant amount of ETH on my Binance app, which I purchased through P2P.

As I live in Hong Kong, there is a possibility that Binance may close its services there due to the lack of a government license (the license application is currently in process).

Binance is expected to close its services before the end of May if no licence. Therefore, I am considering moving my ETH from Binance to Metamask. However, I have a few questions regarding this process:

  1. Will there be any fees involved if I transfer my ETH from Binance to Metamask?
  2. Is Metamask considered the best wallet option?
  3. Once my ETH is on Metamask, can I exchange it directly into HK dollars (real currency) within the Metamask wallet?
  4. If yes, can I then transfer those HK dollars back to my banking account from Metamask?

I appreciate any insights you can provide. Thank you!

submitted by /u/hkreporter21
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments