How to Transfer USDT (BEP20) Between Binance Accounts Without Fees (India Guide)

Transferring USDT between Binance accounts using Binance's Internal Transfer feature is fast, secure and free. This India-friendly guide explains the exact steps, important caveats and safety tips so your funds arrive instantly and without any network charges.

A step-by-step guide to using Binance Internal Transfer for USDT (BEP20) with no fees.

Why use Binance Internal Transfer?

• Zero fees: Transfers between Binance accounts are usually free when using the Internal Transfer option.
• Instant credit: Funds are typically credited within seconds or a few minutes.
• Safe and simple: No blockchain address mistakes because the transfer remains within Binance.

Step-by-step: Transfer USDT (BEP20) via Internal Transfer

Step 1: Log in to Binance

1. Open Binance website or mobile app and sign in.
2. Complete two-factor authentication (2FA) if enabled. Ensure your account is KYC-verified for full functionality.

Step 2: Open your Wallet

1. On web: hover over Wallet → select Fiat & Spot. On mobile: open Wallet tab and choose Spot or Funding wallet.
2. Locate your USDT balance (ensure you are viewing the correct wallet where the funds are held).

Step 3: Start the Withdraw/Send flow

1. Click Withdraw → choose Crypto.
2. Select USDT as the coin.
3. If network options appear, choose BEP20 (BSC). Note: for internal transfers the network fee is typically zero if you choose the Binance user option.

Step 4: Choose Internal Transfer (Send to Binance user)

1. Pick the option Send via Email/Phone/UID or similar wording that indicates sending to a Binance user.
2. Enter the recipient’s registered Binance email, phone number or UID. Double-check spelling and formatting.
3. Confirm the recipient also holds a Binance account—internal credit only works when both accounts are on Binance.

Step 5: Enter amount and confirm

1. Enter the amount of USDT to send. With internal transfer, the “received amount” should equal the sent amount (no network fee deducted).
2. Complete 2FA and any OTP verification (email/SMS) required by Binance.
3. Click Submit. The transfer should complete in seconds; check your transaction history for an “Internal” label.

Tips for safe transfers (India context)

• Always verify recipient details (email/phone/UID) — mismatches cause delays or mis-credits.
• Be certain you selected Send to Binance user and not an external wallet address.
• If you accidentally use an external address, the transfer goes on-chain and network fees will apply.
• Keep records of transfers for tax and accounting; Indian crypto rules may require reporting.
• Enable 2FA and avoid public Wi-Fi for financial operations.
• If the recipient’s account has restrictions (e.g., KYC pending), internal credit may be delayed—confirm both accounts are in good standing.

Important caveats and notes

• Binance’s internal transfer feature applies only when both sender and recipient are Binance users. Otherwise the withdrawal becomes external and fees apply.
• An internal transfer will often show as a non-blockchain entry (no blockchain TxID). If you see a blockchain hash, the transfer was processed on-chain.
• UI wording and flows may change — always read the confirmation prompts carefully before submitting a transfer.
• Internal transfer does not alter your tax obligations—keep transaction records for compliance in India.

Troubleshooting

• Transfer not credited: Ask recipient to check Wallet → Transaction History; confirm the transfer shows as “Internal”.
• Wrong option selected: If you used an external address, contact Binance Support immediately with transaction details.
• Account limits: New or restricted accounts may have limits—ensure KYC is complete to avoid transfer restrictions.

Conclusion

Using Binance Internal Transfer to move USDT (BEP20) between Binance accounts is a practical, zero-fee method for sending funds to friends, family or business contacts. It is fast, reduces risk from manual address entry and is suitable for users across India — provided both parties use Binance and you follow the safety steps above.

For any further help, visit the Binance Support Center: Binance Support.

Note: Binance’s features and policies may change. Always check official Binance documentation before proceeding with transfers.