I found this article wondering the same thing as @trumanity
"Is that a real account on steemit that binance has or some 'temporary account'?
@rubencress's response
"Yes."
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RE: How to: Send STEEM from Steemit to the Binance Exchange
What else would it be, read the article and there you can find the answer.
"- Copy the deposit address you have received from Binance.
- Paste the deposit address to the username on your Steemit transfer screen."