Best Binance Alternative: How to Transfer Your Crypto to Finst

Binance and MiCAR: How to Transfer Your Crypto to Finst

As of 1 July 2026, only crypto platforms that have obtained a MiCAR license are allowed to offer crypto services across the European Union. MiCAR introduces a unified regulatory framework designed to improve investor protection and bring greater transparency to the European crypto market. 

What does this mean for you? If you hold crypto on a platform that is not authorized under MiCAR, you may eventually face restrictions on certain services or be required to move your assets to a licensed provider. For this reason, many European investors are choosing to transfer their crypto to regulated platforms such as Finst.  

Finst is one of the largest crypto platforms in Europe and holds a license under MiCAR by the Dutch AFM. In this article, we explain why investors are making the switch and how you can transfer your crypto from Binance to Finst. 

Why Transfer Your Crypto to Finst? 

Binance users looking to continue investing through a European platform can benefit from: 

  • A MiCAR-compliant platform licensed by the Dutch AFM 
  • Ultra-low trading fees of just 0.15%, with no added spread 
  • Access to 340+ cryptocurrencies 
  • One-click crypto diversification with Crypto Bundles 
  • One of the highest flexible staking rewards in Europe, up to 12% APY 
  • Full transparency through verifiable Proof of Reserves, with all client assets backed 1:1 
  • Asset segregation to keep your assets safe

For long-term investors, this means being able to continue buying, holding, staking, and managing cryptocurrencies through a platform fully compliant with European regulations. 

How to Transfer Your Crypto from Binance to Finst 

Crypto Transfers must be completed through a self-hosted wallet such as Ledger, Trezor, or MetaMask. 

Step 1: Send Your Crypto to Your Personal Wallet 

From Binance: 

  1. Go to Wallet > Withdraw. 
  2. Select the cryptocurrency you want to transfer. 
  3. Enter your personal wallet address. 
  4. Verify that you have selected the correct network. 
  5. Confirm the withdrawal. 

Step 2: Verify Your Wallet on Finst 

Before making a deposit from a self-hosted wallet, the wallet address must be verified on Finst in accordance with European regulatory requirements. 

In practice, this means proving that you are the owner of the wallet being used: 

  1. Log in to your Finst account. 
  2. Go to the Deposits section > Crypto Deposits.  
  3. Add your personal wallet address. 
  4. Follow the instructions to verify your address (such as signing a message). 
  5. Once approved, your wallet address will be approved for crypto transfers. 

This verification only needs to be completed once per address for transfers of more than 1000€, and it usually takes just a few minutes.

Step 3: Deposit Your Crypto to Finst 

Once your wallet has been verified: 

  1. Log in to your Finst account. 
  2. Select the cryptocurrency you want to deposit. 
  3. Click Deposit
  4. Copy the deposit address provided by Finst. 
  5. Send the funds from your personal self-hosted wallet to your Finst address. 

Once the transaction has been confirmed on the blockchain, your cryptocurrencies will be credited to your Finst account. 

Tip: Start with a Test Transaction 

Before transferring a large amount, it is recommended to first send a small test transaction to verify that the address and network are correct.

About Finst

Finst is a leading cryptocurrency platform in the Netherlands, providing ultra-low trading fees, institutional-grade security, and a comprehensive suite of crypto services such as trading, custody, staking, and fiat on/off-ramp. Finst, founded by DEGIRO's ex-core team, is authorized as a crypto-asset service provider under MiCAR by the Dutch Authority for Financial Markets (AFM) and serves both retail and institutional clients in 30 European countries.

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