How to Buy Cryptos 💵 on Binance: A Beginner’s Guide
Buying cryptocurrencies on Binance is straightforward, even for beginners. If you’re wondering how to purchase on Binance, follow these simple steps:
Step 1: Create and Verify Your Account
To start, create and verify your account. As mentioned in the previous section, ensure you complete Binance verify to unlock all features and increase your transaction limits.
Step 2: Add Funds to Your Account
Before purchasing, fund your account via methods such as:
Bank Transfers (SEPA/SWIFT): Reliable and cost-effective.
Credit/Debit Cards: Instant and easy.
Crypto Deposits: Transfer assets you already own.
Binance Gift Cards from Baxity Store.
For a step-by-step guide, refer to our section on how to add funds Binance.
Step 3: Navigate to the Buy Crypto Section
Navigate to the “Buy Crypto” tab on the platform’s homepage. Choose one of the following payment options:
Credit/Debit Card: Buy instantly using your preferred card.
P2P Trading: Purchase directly from other users using local payment methods.
Third-Party Services: Use providers like Simplex or Banxa for additional payment flexibility.
Binance Gift Cards.
Step 4: Choose Your Cryptocurrency
Select the cryptocurrency you want to buy from the platform’s extensive list, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB). Pick the one that aligns with your investment goals.
Step 5: Enter Purchase Details and Confirm
Input the amount you wish to buy. The platform provides real-time exchange rates and displays the exact amount of cryptocurrency you’ll receive.
Two-Factor Authentication (2FA): For added security, confirm your transaction using 2FA before completing the purchase.
Step 6: View Your Purchased Cryptocurrency
Once the transaction is complete, your purchased cryptocurrency will appear in your Fiat and Spot Wallet. Track your holdings, check market values, or start trading the platform.
