Purchasing FIL Tokens on Binance
FIL tokens purchased on Binance currently support mainnet tokens. To migrate them to the FEVM chain, follow these steps:
Instant Swap Method:
- Visit the Binance website, select Trade from the top-left menu, then choose Convert.
- In the conversion interface, enter the token amount and click Preview Conversion.
- Review the exchange rate and fees, then confirm the swap (market orders have an 8-second time limit).
Creating a FIL Mainnet Wallet
- Go to GLIF Wallet and click Connect Wallet.
- Select Burner Wallet and create a new wallet.
- Securely backup the 24-word mnemonic phrase provided.
- Complete the phrase verification—the
f1address generated is your FIL mainnet wallet for Binance withdrawals.
Withdrawing FIL to Your Wallet
Key factors for withdrawal:
- Network selection: Choose FIL Mainnet.
- Correct recipient address.
After entering details, click Withdraw and await processing (timing varies by exchange).
Transferring FIL to FEVM Chain
- Once FIL is received, select Send FIL from your wallet.
- Enter the
0xFEVM wallet address (auto-converted tof4format). - Specify the transfer amount (whole numbers only).
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Confirm the recipient's network in TokenPocket:
- Open the wallet, click Receive, and check the network displayed.
- After sending, track the transaction via the provided hash (typically completes within 2 minutes).
FAQs
Q: Why must I use whole numbers for FEVM transfers?
A: The FEVM chain currently processes only integer values to prevent fractional errors.
Q: How long do Binance withdrawals take?
A: Processing times depend on exchange congestion—usually minutes, but contact support if delayed.
Q: Is the Burner Wallet safe for FIL storage?
A: While convenient for transfers, consider a hardware wallet for long-term holdings.
👉 Learn more about securing crypto assets
Pro Tip: Always double-check addresses and networks before confirming transactions to avoid irreversible errors.