Step-by-Step Guide: How to Transfer SUI Coin from Bybit to Binance

Bybit and Binance are two of the leading centralized cryptocurrency exchanges in the market today. Millions of users worldwide rely on these platforms for trading, investing, and holding their digital assets. While some prefer Binance for its wide range of crypto pairs and high liquidity, others choose Bybit for its user-friendly interface and fast trading engine. Both platforms offer top-notch security features to ensure the safety of users’ funds and crypto assets, including two-factor authentication (2FA), cold wallet storage, and advanced encryption protocols.

If you are someone who wants to transfer SUI Coin from Bybit to Binance, you’re in the right place. In this step-by-step guide, I will walk you through the entire process of moving your SUI tokens from your Bybit wallet to your Binance account or even to another exchange if needed.

To make the process easier to follow, I’ve also included screenshots for each step, so you can clearly understand what actions to take. Just follow the steps carefully, and you’ll be able to complete the transfer quickly and securely.

Table of Contents

Transfer SUI Coin Bybit to Binance

The process is very simple, you just follow my steps that are given below and transfer carefully.

Step 1: Transfer to the Funding Account

First, you need to transfer your SUI coin into the Funding Account, not into the future or Unified Trading.

● Open the Bybit App.

● Go to the wallet and click Transfer, select Unified Trading Account to Funding Account.

● Then select which coin you want to transfer. In my case, I want to transfer SUI coin and click confirm, then your coin will be moved to your funding account.

Step 2: Get Binance SUI Deposit Address

In the second step, you need to obtain your correct Binance SUI deposit address.
Make sure to double-check the address carefully, because if you enter the wrong one, your SUI coins could be permanently lost and cannot be recovered.

Always copy and paste the exact deposit address provided by Binance to avoid any mistakes.

How to Get a Binance SUI Deposit Address

● Open the Binance App.

● Go to Assets and click Add Funds.

● Then Binance shows 3 options, choose the first one, which is On-Chain Deposit.

● Select Coin. In my case, I select SUI.

● Choose SUI as the coin. Binance automatically gives you the Sui‑network deposit address (no network selection needed). Copy your address and share it.

Double‑check you’re viewing a SUI deposit address (starts with 0x etc).

Step 3: Initiate Withdrawal on Bybit

In the Last step, you need to send the coin to your Binance SUI Deposit Address

● Go to Assets in Bybit and select Withdraw.

● Select SUI Coin.

● Paste Binance’s SUI address exactly. Enter the amount and confirm the fee and minimum withdrawal conditions. Complete 2FA and email verification to submit the request.

On‑chain withdrawal times vary depending on Sui network traffic; plan for a few minutes to around an hour. You can use the TXID to track the transfer on a Sui blockchain explorer.

Step 4: Check Binance Account

Once confirmed, your SUI should appear in your Spot wallet on Binance.

If not, check the deposit history for transaction details or errors.

✅ Tips to Avoid Mistakes

Only use the Sui network. Sending via Ethereum or other chains will likely result in permanent loss.
Copy-paste addresses carefully. Even a single mistake can cause a failed or lost transfer.
Verify minimum amounts and fees for SUI withdrawals on Bybit (shown in the withdrawal window)
Save your TXID. This helps with support if something goes wrong.

FAQ’s

Q1: Is it safe to transfer SUI Coin from Bybit to Binance?

Yes, transferring SUI Coin from Bybit to Binance is safe as long as you use the correct deposit address and enable security features like two-factor authentication (2FA) on both exchanges.

Q2: How long does it take for SUI Coin to transfer from Bybit to Binance?

The transfer usually takes a few minutes to 30 minutes, depending on network congestion. Always check the transaction status in both Bybit and Binance.

Q3: What is the transfer fee for sending SUI from Bybit to Binance?

Bybit may charge a small withdrawal fee, which can vary. Binance does not charge for deposits, but always check the latest fee details on Bybit before initiating the transfer.

Q4: What happens if I enter the wrong SUI deposit address?

If you send SUI to an incorrect or unsupported address, your funds may be permanently lost. Always double-check the address before confirming the transaction.

Q5: Do I need to complete KYC to transfer SUI between Bybit and Binance?

Yes, both Bybit and Binance require basic KYC verification for withdrawals and deposits. Make sure your accounts are verified to avoid any issues with the transfer.

Conclusion

Transferring SUI Coin from Bybit to Binance is a simple process when done carefully. By following each step in this guide, starting from copying the correct Binance deposit address to confirming the withdrawal on Bybit, you can move your funds safely and efficiently.

Always double-check wallet addresses and enable security features like 2FA to protect your assets. Whether you’re transferring for trading, holding, or staking purposes, this method ensures your SUI Coin reaches the right destination without issues.