This tutorial will help you withdraw Bitcoin BEP20 from Binance and purchase a Bitcoin miner. Since Bitcoin network fees are relatively high and blockchain confirmations are slower, you can use the Bitcoin BEP20 network to purchase the Bitcoin miner in order to save on costs.The Bitcoin network fee is $11, while the Bitcoin BEP20 network fee is only 0.0000072 BTC ($0.72). You can freely exchange your BEP20 Bitcoin for Bitcoin on the Bitcoin network at any time on Binance.
First, open your Binance app and click on "Withdraw" to begin the process.
Next, find Bitcoin in your wallet and tap on it to proceed.
Select 'Send via Crypto Network' to initiate the transfer.
Enter the recipient's address, choose BNB Smart Chain BEP20, and specify the amount you want to withdraw. The network fee is only 0.0000072 BTC ($0.72), compared to the $11 fee for the Bitcoin network.
Double-check that you are withdrawing from the BNB Smart Chain BEP20 network, then click 'Withdraw'. Your miner will start running once the transaction is confirmed.
You can exchange your BEP20 Bitcoin for Bitcoin on the Bitcoin network anytime on Binance.com.
Simply choose the Bitcoin network when withdrawing to receive Bitcoin mainnet tokens.
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