If you transfer ETH from an other exchange to Binance, the withdrawal network should match the network you select on Binance for depositing ETH. If you withdraw Bitcoin from an other exchange and select the BNB (BEP2), BSC or ETH network if possible, you can select the same deposit network on Binance. For information on selecting the correct deposit network and other details, please refer to the sections below. There are over 600 cryptocurrencies and various fiat currencies such as EUR and GBP listed on Binance. Trading and staking services will continue to operate normally.
Just keep reading and follow these easy steps to avoid paying the 1.8% Binance deposit fee and boost your crypto investment returns. After selecting Euro, you can select the Bank Transfer (SEPA) or Bank Card method or the Advcash method under ”other methods” to deposit Euro into your Binance account. In that case, you can check if you can deposit any other fiat currencies other than USD. After selecting the network, you can copy your deposit address or alternatively scan the QR code and send ETH to your address.
If you have, for example, BEP20 ETH in your Trust Wallet and want to deposit it into your Binance account, you can select the BSC network. After selecting Ethereum (ETH), select the deposit network. Binance currently supports Arbitrum, BNB, BSC and the original network, ETH, for Ethereum deposits. If your USDT is on the Ethereum network or other networks such as Polygon, AVAX, etc. you should select your deposit network accordingly. If you transfer USDT from your own wallet to Binance and let’s say it is BEP20 USDT, on the BSC network, you can select the BSC network. Margin trading involves a high level of risk and is not suitable for all investors.
And in doing so, are able to offer its users some of the lowest fees when buying or selling Bitcoin and other cryptocurrencies. If you’ve ever looked into buying or selling cryptocurrencies (crypto), you’ve probably come across the trading platform, Binance. It’s one of the most popular investment apps for trading cryptocurrency. Alternatively, you can use other exchanges or platforms to buy cryptocurrencies with fiat and then transfer cryptocurrencies to your Binance account. In that case, you should check if you can deposit the currency of your country of residence or look for other deposit methods.
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Open the Binance app on your phone and click on the two arrows button on the bottom of the screen. So, in that case, you can select the Ethereum network on Binance. If there is no network option available on the exchange that you withdraw ETH from, the exchange most probably supports only the Ethereum network. Select Bitcoin (BTC) as the coin that you want to deposit to your Binance account.
In the reference tab, make sure you add the unique reference code provided to you on the Binance app and click next. Firstly, you need to make sure you include your unique reference code when making a deposit on Binance. Simply enter the amount of money or funds you would like to add to your Binance account.
If it’s different, you’ll need to change either one so that it matches the other before you can deposit money into Binance. But since most of us use mobile these days, we’ll be giving step-by-step instructions on how to deposit money on Binance without fees (FREE) using your mobile. All you need to transfer money to Binance without paying fees is a Revolut bank account. Find out how to add or deposit money on Binance for FREE (without fees) using Revolut! Save money and improve your investment returns when investing in Bitcoin, Ether, Tether and other cryptocurrencies in Germany. Revolut allows you to send international transfers for free on all of their accounts.
To get unlimited international transfers and currency exchange, you’ll need to upgrade to the Premium or Metal Revolut account. We have the Standard Revolut account (free option) which has a €1,000 monthly limit. If your Binance deposit is within the limit, then there are zero fees (FREE).
You can then use this to buy Bitcoin or any other crypto, as you normally would. But the good news is that you’ll only need to do this once. After you’ve added Binance as a recipient and all the details are saved, you can deposit on Binance much faster going forward. Then look at the payment breakdown to see a summary of how much money (in USD) you’re transferring from Revolut to your Binance account.
All you need is to save and copy over your unique reference code when adding funds to Binance, and you’ll be able to invest in Bitcoin and other cryptocurrencies in no time. Now you know how to transfer money to Binance without paying the 1.8% fees. You should double-check that the Binance bank account number and reference code are correct. Then add the Binance bank account details you saved earlier (on Google Keep or Word) and insert them in the Revolut app.
Another easy way to fund your Binance Pay is to deposit fiat in your spot wallet and trade for a supported cryptocurrency. Here’s a simple way to convert your cash into crypto using card deposit. Depending on your region, there are different ways to top up your Binance Pay via fiat channels, from credit cards to bank transfers and other options.
Opening an Account
What exactly is a stablecoin and why does Binance convert my deposit to BUSD? It’s essentially a cryptocurrency that is pegged to the USD (i.e. follows the price movements of the USD currency). Once you’ve filled all the above details in, click on the blue arrow to save and continue. Click on ‘Business’ to add Binance as a business bank recipient. We’d recommend copying each line (by clicking on the two grey squares on the right) and pasting them into Google Keep or a Word document. You’ll need to transfer this information to your Revolut app next.
U.S. dollar-denominated trading pairs will start being delisted next week. As noted earlier, we’re building Binance Pay to become a long-term solution for crypto payments. With the support and trust of reputable companies like Travala, we’re excited to provide more merchants in the future.
If you transfer USDT from an other exchange to Binance, the withdrawal network should match the deposit network that you select on Binance. After selecting the network, you can copy your deposit address or scan the QR code and transfer BTC to your deposit address. If you deposit Bitcoin to Binance from your own wallet, you can first check which network Bitcoin is on and select your deposit network accordingly. If you already have a Binance account, you can use the code ”10indirim” when opening your futures account on Binance and receive a 10% fee discount for futures. To deposit money into Binance and start trading, you first need to create a Binance account.
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The most common method is making a deposit on Binance using your credit or debit card. If you can’t deposit fiat currencies into your Binance account due to your country of residence or other issues, you can use your bank/credit card to buy coins or try Binance P2P. You can deposit cryptocurrencies or fiat currencies into your Binance account and start trading with very low fees. Linking your debit card, credit card, or bank account (available in many regions) is one of the easiest ways to buy Bitcoin and more than 100+ cryptocurrencies. And secondly, the name you use on your Revolut bank account must EXACTLY match the name registered to your Binance account.
For this example, we’re going to walk you through each step to top up your Binance Pay with a credit or debit card. In this article, you’ll learn how to use Binance’s fiat channels to fund your Binance Pay wallet with supported cryptocurrencies. If you’re planning on adding funds to Binance frequently, it may be worth your while upgrading your Revolut account. Depending on the type of Revolut account you have (Standard, Revolut Plus, Premium or Metal), you may or may not have to pay a small international transfer fee.
In the meantime, stay tuned for new use cases and benefits in the coming days, including the upcoming payment solution we’re working on with Alchemy Pay. Discover how you can use local currency to top up your Binance Pay with crypto funds. But if this guide has saved you time, money or made your life easier, feel free to buy us a coffee. You won’t pay any taxes in Germany if you buy and hold cryptocurrencies for at least one year.
Trading Accounts & Fees
To deposit GBP to your Binance account, click ”overview” or ”fiat and spot” under the wallet dropdown and click ”fiat deposit”. To deposit EUR to your Binance account, click ”overview” or ”fiat and spot” under the wallet dropdown and click ”fiat deposit”. To deposit USD to your Binance account, first click ”overview” or ”fiat and spot” under the wallet dropdown and click ”fiat deposit”. You should always deposit money into your Binance account in US Dollars. Otherwise, you will have to pay unnecessary fees for currency exchange. There are different ways to transfer and deposit money on Binance.
- If you have, for example, BEP20 ETH in your Trust Wallet and want to deposit it into your Binance account, you can select the BSC network.
- If you can’t deposit fiat currencies into your Binance account due to your country of residence or other issues, you can use your bank/credit card to buy coins or try Binance P2P.
- In the reference tab, make sure you add the unique reference code provided to you on the Binance app and click next.
- Once you’ve read the important notes and clicked ‘ok’, you should see the Binance bank account details that you’ll need to take note of.
Forex and CFDs are highly leveraged products, which means both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford to incur losses that will not adversely affect your lifestyle. The information on this website is intended for non Australian citizens and residents only. Please note, Australian residents cannot open an account with ACY Capital Australia LLC.
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If you live in the EU, you can select the SEPA method and make Euro transfers to Binance’s bank account. In addition to a 20% fee discount, you can also receive an extra 25% fee discount by holding BNB in your account and using BNB to pay for fees. In this tutorial, we will show you how to deposit cryptocurrencies such as BTC, USDT and ETH and fiat currencies such as EUR and GBP into your Binance account.
After entering your bank account details, you can see Binance’s bank account details to which you can transfer USD via SWIFT. You should see a pop-up that asks if you want to buy or sell crypto, convert or trade coins, or make a deposit. We’re going to show you the cheapest way to deposit money to Binance without fees (FREE!). But the downside is that Binance charges you a 1.8% fee every time you add money to Binance this way. Not only is this the cheapest way to add funds and transfer money on Binance. With over 100 million users globally, Binance has become the largest crypto exchange in the world.
To deposit Ethereum to your Binance account, click ”overview” or ”fiat and spot” under the wallet dropdown and click the deposit crypto button. To deposit USDT to your Binance account, click ”overview” or ”fiat and spot” under the wallet dropdown and click the deposit crypto button. To deposit Bitcoin to your Binance account, click ”overview” or ”fiat and spot” under the wallet dropdown and click the deposit crypto button. On the fiat deposit page, you can select the fiat currency that you want deposit into Binance and the transfer method, and get the bank account or other details. To deposit fiat to your Binance account, click ”overview” or ”fiat and spot” under the wallet dropdown and click ”fiat deposit”. To deposit crypto to your Binance account, first log in to your Binance account and click ”overview” or ”fiat and spot” under the wallet dropdown.
