How to Deposit SOL to Binance: Address and Network Check

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To deposit SOL to Binance, you must select the native Solana network. The address is a 32-44 character Base58 string (no '0x' prefix). Choosing the wrong network (e.g., ERC20 or BEP20) will result in permanent loss of funds. Below is the complete process: get address → choose network → initiate transfer → check status.

Step 1: Get Your SOL Deposit Address on Binance

  1. Log in to the Binance app or website, go to 【Wallet】-【Deposit】-【Deposit Crypto】

  2. Type "SOL" in the search bar and select Solana

  3. Confirm the deposit network is Solana Mainnet (SPL) — the system recommends this network by default unless you manually switch

  4. Copy the generated deposit address

SOL address characteristics: A Base58-encoded string, 32–44 characters long, with no "0x" prefix. It looks completely different from an ETH address (which starts with 0x), so pay attention.

What counts as complete: You have copied the SOL deposit address generated by Binance and verified that the network shows "Solana" or "SOL".

Step 2: Confirm the Network Supported by the Sending Side

When withdrawing SOL from an external wallet or another exchange, the network selected on the withdrawal side must match the Binance deposit network.

Common mistakes:

  • Some platforms wrap SOL as ERC20 or BEP20 tokens — when withdrawing to a Solana wallet, you must pick native Solana; otherwise funds will land on the wrong chain and cannot be recovered

  • If you accidentally select Base, ERC20 or BSC, the assets will be sent to that corresponding chain, and Binance will not receive them automatically

What counts as complete: The withdrawal page has a "Solana" network option available, not just "ERC20" or "BSC".

Step 3: Initiate the Transfer

Prerequisites:

  • The sending wallet/account has sufficient SOL

  • Enough SOL to cover the network fee (Solana fees are extremely low, typically between 0.000005–0.001 SOL)

Steps (using the withdrawal page of an external wallet or exchange):

  1. Paste the deposit address you copied from Binance

  2. Select network: Solana Mainnet (must choose this)

  3. Enter the amount to transfer

  4. Check the withdrawal fee (exchanges usually charge a fixed fee of 0.01–0.02 SOL)

  5. For a first transfer, send a small test amount (e.g., 0.1 SOL) to confirm arrival

  6. Submit the transfer

Note: Solana network deposits do not require a Memo/Tag. If the withdrawal page shows a memo field, you can leave it blank.

What counts as complete: The transfer has been submitted and you have obtained a transaction hash (TxID).

Step 4: Wait for Arrival and Confirm

  1. Check the deposit status under 【Wallet】-【Transaction History】

  2. After the exchange approves the withdrawal, funds usually arrive within 1–2 minutes. If the network is congested, it may take 5–30 minutes

  3. When the status shows "Completed", the funds have been credited

If it hasn't arrived after a long time: Use the TxID to check the transaction status on the Solana blockchain explorer explorer.solana.com. If the transaction is confirmed on-chain but Binance does not show it, contact customer support and provide the TxID.

What counts as complete: You can see the SOL balance increase in your Binance spot or funding wallet.

Common Reasons for Failure

ProblemConsequenceSolution
Selected ERC20/BEP20 networkFunds go to the wrong chain, irrecoverableRepeatedly confirm the network is "Solana" before sending
Address pasted incorrectlyAssets sent to the wrong addressVerify the first 4 and last 4 characters of the address
Amount below minimum withdrawalWithdrawal rejectedExchanges usually require a minimum of 0.1 SOL
Account not KYC verifiedCannot use the deposit functionComplete identity verification first

Risk Reminder

  • Choosing the wrong network is the most common fatal error when depositing SOL — do not pick another network just because "the address looks similar". SOL addresses and ERC20 addresses have entirely different formats, but some exchanges display wrapped SOL and native SOL on the same page. Before submitting, make sure the network label says "Solana".

  • Binance may temporarily suspend SOL deposits due to network congestion or wallet maintenance. Watch for page prompts when withdrawing.

On the Binance 【Deposit】 page, select "SOL" and ensure the network is "Solana". Copy the address and initiate the transfer from the sending side — as long as the network matches on both ends, the deposit will succeed. For first-time operations, it is recommended to send a small test amount first, then transfer larger amounts after confirmation. When registering for Binance, you can use the referral code FYLK9104.