How to Sell and Buy Crypto on Binance

How to Sell and Buy Crypto on Binance


How to Sell Crypto to Credit/Debit Card?


Sell Crypto to Credit/Debit Card (Web)

You can now sell your cryptocurrencies for fiat currency and have them transferred directly to your credit/debit card on Binance.

1. Log in to your Binance account and click [Buy Crypto] - [Debit/Credit Card].
How to Sell and Buy Crypto on Binance
2. Click [Sell]. Select the fiat currency and the cryptocurrency you want to sell. Enter the amount then click [Continue].
How to Sell and Buy Crypto on Binance
3. Select your payment method. Click [Manage cards] to choose from your existing cards or add a new card.

You can only save up to 5 cards, and only Visa Credit/Debit cards are supported.
How to Sell and Buy Crypto on Binance
4. Check the payment details and confirm your order within 10 seconds, click [Confirm] to proceed. After 10 seconds, the price and the amount of crypto you will get will be recalculated. You can click [Refresh] to see the latest market price.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance
5. Check the status of your order.

5.1 Once your order is successfully processed, you can click [View History] to check the details.
How to Sell and Buy Crypto on Binance
5.2 If your order fails, the cryptocurrency amount will be credited to your Spot Wallet in BUSD.
How to Sell and Buy Crypto on Binance

Sell Crypto to Credit/Debit Card (App)

1. Log in to your Binance App and tap [Credit/Debit Card].
How to Sell and Buy Crypto on Binance
2. Select the crypto you want to sell, then tap [Sell] on the top right corner.
How to Sell and Buy Crypto on Binance
3. Select your receive method. Tap [Change card] to choose from your existing cards or add a new card.

You can only save up to 5 cards, and only Visa Credit/ Debit cards are supported for [Sell to Card].
How to Sell and Buy Crypto on Binance
4. Once you have successfully added or chosen your Credit/Debit card, check and tap [Confirm] within 10 seconds. After 10 seconds, the price and the amount of fiat currency will be recalculated. You can tap [Refresh] to see the latest market price.
How to Sell and Buy Crypto on Binance
5. Check the status of your order.

5.1 Once your order is processed successfully, you can tap [View History] to see your selling records.
How to Sell and Buy Crypto on Binance
5.2 If your order fails, the cryptocurrency amount will be credited to your Spot Wallet in BUSD.
How to Sell and Buy Crypto on Binance

How to Sell Crypto on Binance P2P?


Sell Crypto on Binance P2P (Web)

Step 1: Select (1) “Buy Crypto” then click (2) “P2P Trading” on the top navigation.
How to Sell and Buy Crypto on Binance
Step 2:
Click (1) "Sell" and select the currency you want to buy (USDT is shown as an example). Filter the price and the (2) “Payment” in the drop-down, select an ad, then click (3) "Sell".
How to Sell and Buy Crypto on Binance
Step 3:
Enter the amount (in your fiat currency) or quantity (in crypto) you want to buy and click (2) "Sell".
How to Sell and Buy Crypto on Binance
Step 4:
The transaction will now display “Payment to be made by buyer”.
How to Sell and Buy Crypto on Binance
Step 5: After the buyer makes payment, the transaction will now display “To be released”. Please make sure that you’ve actually received payment from the buyer, to the payment app/method you used. After you confirm the receipt of money from the buyer, tap “Confirm release” and “Confirm” to release the crypto to the buyer’s account. Again, If you have not received any money, please DO NOT release crypto to avoid any financial losses.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance
Step 6: Now the order is completed, the buyer will receive the crypto. You can click [Check my account] to check your Fiat balance.

Note: You can use Chat on the right side to communicate with the buyer in the whole process.
How to Sell and Buy Crypto on Binance
Note:
If you have any issues in the transaction process, you can contact the buyer using the chat window on the top right of the page or you can click "Appeal" and our customer service team will assist you in processing the order.
How to Sell and Buy Crypto on Binance
Tips:
1. Please make sure to log in to your account to confirm the payment is received, this can avoid financial losses caused by wrongly clicking on the release button.

2. The digital assets you are selling have been frozen by the platform. Please confirm the receipt of the payment from the buyer and click “Release” to release the crypto.

3. Please do not agree to any request to release the crypto before confirming the receipt of the payment to avoid financial losses.

4. After receiving the SMS notification, please be sure to log in to your bank account to confirm whether the payment is credited, this will avoid the release of crypto due to Fraud SMS.

Sell Crypto on Binance P2P (App)

You can sell cryptocurrencies with ZERO transaction fees on the Binance P2P platform, instant and secure! See the guide below and start your trade.

Step 1

First, go to the (1) “Wallets” tab, click (2) “P2P” and (3) “Transfer” the cryptos that you want to sell to your P2P Wallet. If you already have the crypto in the P2P wallet, please go to the homepage and tap “P2P Trading” to enter P2P trading.
How to Sell and Buy Crypto on Binance
Step 2

Click “P2P Trading” on the app homepage to open the P2P page on your app. Click [Sell] on the top of the P2P trading page, select a coin (taking USDT as an example here), then select an advertisement and click “Sell”.
How to Sell and Buy Crypto on Binance
Step 3
(1) Enter the quantity you want to sell, (2) select a payment method, and click “Sell USDT” to place an order.
How to Sell and Buy Crypto on Binance
Step 4
The transaction will now display “Pending Payment”. After the buyer makes payment, the transaction will now display “Confirm Receipt”. Please make sure that you’ve actually received payment from the buyer, to the payment app/method you used. After you confirm the receipt of money from the buyer, tap “Payment received” and “Confirm” to release the crypto to the buyer’s account. Again, If you have not received any money, please DO NOT release crypto to avoid any financial losses.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance

Note:
If you have any issues in the transaction process, you can contact the buyer using the chat window on the top right of the page or you can click "Appeal" and our customer service team will assist you in processing the order.
How to Sell and Buy Crypto on Binance

How to Buy Crypto via Credit/Debit Card?


Buy Crypto with Credit/Debit Card (Web)

1. Log in to your Binance account and click [Buy Crypto] - [Credit/Debit Card].
How to Sell and Buy Crypto on Binance
2. Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get.
How to Sell and Buy Crypto on Binance
3 Click [Add new card].
How to Sell and Buy Crypto on Binance
4. Enter your credit card details. Please note that you can only pay with credit cards in your name.
How to Sell and Buy Crypto on Binance
5. Enter your billing address and click [Confirm].
How to Sell and Buy Crypto on Binance
6. Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click [Refresh] to see the latest market price. The fee rate is 2% per transaction.
How to Sell and Buy Crypto on Binance
7. You will be redirected to your banks OTP transaction page. Follow the on-screen instructions to verify the payment.

Buy Crypto with Credit/Debit Card (Binance Pro App)

1. Get started by selecting [Credit/Debit Card] from the home screen. Or access [Buy Crypto] from the [Trade/Fiat] tab.
How to Sell and Buy Crypto on Binance
2. First, choose the cryptocurrency you want to buy. You can type the cryptocurrency in the search bar or scroll through the list. You can also change the filter to see different ranks.
How to Sell and Buy Crypto on Binance
3. Fill out the amount you’d like to purchase. You can switch the fiat currency if you’d like to choose another. You can also enable the Recurring Buy function to schedule regular crypto purchases via cards.
How to Sell and Buy Crypto on Binance
4. Choose [Pay with Card] and tap on [Confirm]. If you have not linked a card previously, you will be asked to add a new card first.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance
5. Check that the amount you wish to spend is correct, and then tap [Confirm] at the bottom of the screen.
How to Sell and Buy Crypto on Binance
6. Congratulations, the transaction is complete. The purchased cryptocurrency has been deposited to your Binance Spot Wallet.
How to Sell and Buy Crypto on Binance

Buy Crypto with Visa (Mobile Browser)

You can now use Visa Cards to buy cryptocurrencies on Binance. This functionality has now been optimized for both mobile browsers and Binance App.

1. Go to Binance on your preferred mobile browser and log into your account.

2. Tap [Buy Now] from the homepage.
How to Sell and Buy Crypto on Binance
3. Select the preferred fiat currency for payment and enter the amount you want to spend. Then, select the desired cryptocurrency and the amount you can get will be automatically displayed. Tap [Continue].
How to Sell and Buy Crypto on Binance
4. Select [Visa/Mastercards] and tap [Continue].
How to Sell and Buy Crypto on Binance
5. Enter the details of your Card and tap [Add Card].
How to Sell and Buy Crypto on Binance
6. Your Visa Card is now added. Tap [Continue].
How to Sell and Buy Crypto on Binance
7. Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can tap [Refresh] to see the latest market price.
How to Sell and Buy Crypto on Binance
8. Please wait patiently for us to process your order. You will see the purchased crypto in your [Fiat and Spot Wallet] once the order is complete.
How to Sell and Buy Crypto on Binance

Buy Crypto with Card (Binance Lite App)

Get started at Binance by completing Identity Verification. This process will take less than two minutes for Basic Verification and does not require any documentation.

Once this is done, you can choose to buy cryptocurrencies directly with a credit or debit card. You can also deposit your local currency via bank transfer.

1. Tap on the icon at the bottom and select [Buy]. You can also tap on the [Trade] button from the trading chart interface to access the “Buy Crypto” page.
How to Sell and Buy Crypto on Binance
2. Select the cryptocurrency you wish to purchase.
How to Sell and Buy Crypto on Binance
3. Fill out the amount you’d like to purchase. You can also switch the fiat currency if you’d like to choose another.
How to Sell and Buy Crypto on Binance
4. Select [Pay with Card].
How to Sell and Buy Crypto on Binance
5. Enter your card details.
How to Sell and Buy Crypto on Binance
6. Enter the card billing address.
How to Sell and Buy Crypto on Binance
7. Check the order confirmation details carefully and confirm the order.
How to Sell and Buy Crypto on Binance

Deposit Fiat with Credit/Debit Card

1. Log in to your Binance account and go to [Buy Crypto] - [Bank Deposit].
How to Sell and Buy Crypto on Binance
2. Select the currency you want to deposit, and select [Bank Card] as your payment method. Click [Continue].
How to Sell and Buy Crypto on Binance
3. If this is your first time adding a card, you will have to enter your card number and billing address. Please make sure the information is accurate before clicking [Confirm].
How to Sell and Buy Crypto on Binance
Note: If you have added a card previously, you can skip this step and simply select the card you wish to use.

4. Enter the amount you wish to deposit and click [Confirm].
How to Sell and Buy Crypto on Binance
5. The amount will then be added to your fiat balance.
How to Sell and Buy Crypto on Binance
6. You can check the available trading pairs for your currency on the [Fiat Market] page and start trading.
How to Sell and Buy Crypto on Binance

How to Buy Crypto on Binance P2P?
 

Buy Crypto on Binance P2P (Web)

Step 1:
Go to the Binance P2P page, and
  • If you already have a Binance account, click "Log In" and go to Step 4
  • If you do not have a Binance account yet, click "Register"
How to Sell and Buy Crypto on Binance
Step 2:
Enter your email on the registration page and set your login password. Read and check the Binance Terms and click "Create Account".
How to Sell and Buy Crypto on Binance
Step 3:
Complete Level 2 identity verification, enable SMS Verification, and then set your preferred payment method.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance
Step 4:
Select (1) “Buy Crypto” then click (2) “P2P Trading” on the top navigation.
How to Sell and Buy Crypto on Binance
Step 5:
Click (1) "Buy" and select the currency you want to buy (BTC is shown as an example). Filter the price and the (2) “Payment” in the drop-down, select an ad, then click (3) "Buy".
How to Sell and Buy Crypto on Binance
Step 6:
Enter the amount (in your fiat currency) or quantity (in crypto) you want to buy and click (2) "Buy".
How to Sell and Buy Crypto on Binance
Step 7:
Confirm the payment method and amount (total price) on the Order Details page.

Complete the fiat transaction within the payment time limit. Then click "Transferred, next" and “Confirm”.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance
Note: You need to transfer the payment directly to the seller through bank transfer, Alipay, WeChat, or another third-party payment platform based on the sellers payment information provided. If you have already transferred payment to the seller, you must not click "Cancel" unless you have already received a refund from the seller in your payment account. If you do not make an actual payment, please do not click "Confirm" to confirm the payment. This is not permitted according to the rules of the transaction. If you encounter any issues during the transaction, you can contact the seller using the chat window.

Step 8:
Once the seller has released the cryptocurrency, the transaction is completed. You can click (2) "Transfer to Spot Wallet” to transfer the digital assets to your Spot Wallet.

You can also click (1) "Check my account" above the button to view the digital asset you just bought.
How to Sell and Buy Crypto on Binance
Note:If you do not receive the cryptocurrency 15 minutes after clicking "Transferred, next”, you can click "Appeal" and Customer Service will assist you in processing the order.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance

Buy Crypto on Binance P2P (App)

Step 1
Log in to Binance app
  • If you already have a Binance account, click “Log in” and go to Step 4
  • If you do not have a Binance account yet, click “Register” on the top left
How to Sell and Buy Crypto on Binance
Step 2
Enter your email on the registration page and set your login password. Read the Binance P2P terms and click on the arrow to register.
How to Sell and Buy Crypto on Binance
Step 3
Enter your email and password, then click on the arrow to Log In.
How to Sell and Buy Crypto on Binance
Step 4
After you log in to the Binance app, click the user icon on the top left to complete identity verification. Then click “Payment Methods” to complete SMS authentication and set your payment methods.
How to Sell and Buy Crypto on Binance
Step 5
Go to the home page, click “P2P Trading”.

On the P2P page, click the (1) “Buy” tab and the crypto you want to buy (2) (taking USDT for example), and then select an ad and click (3) “Buy”.
How to Sell and Buy Crypto on Binance
Step 6
Enter the quantity you want to buy, confirm the sellers payment method(s), and click “Buy USDT”.
How to Sell and Buy Crypto on Binance
Step 7
Transfer the money directly to the seller based on the seller’s payment information provided within the payment time limit, and then click “Transfer the fund”. Tap on the payment method you transferred to, the click “Transferred, next”
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance

Note: Setting payment method on Binance does not mean that the payment will go directly to the sellers account if you click “Transferred , next” . You need to complete the payment directly to the seller through bank transfer, or another third-party payment platform based on the sellers payment information provided.

Please do not click “Transferred , next” if you have not made any transactions. This will violate the P2P User Transaction Policy.

Step 8
The status will be “Releasing”.

Once the seller has released the cryptocurrency, the transaction is completed. You can click "Transfer to Spot Wallet” to transfer the digital assets to your Spot Wallet.
How to Sell and Buy Crypto on Binance
You can click “Wallet” at the bottom and then “Fiat” to check the crypto you bought in your fiat wallet. You can also click “Transfer” and transfer the cryptocurrency to your spot wallet for trading.
How to Sell and Buy Crypto on Binance
Note :
If you do not receive the cryptocurrency 15 minutes after clicking “Transferred, next”, you can contact the seller by clicking the “Phone” or “Chat” icon on the top.
How to Sell and Buy Crypto on Binance
Or you can click "Appeal”, select a “Reason for Appeal”, and “Upload Proof”. Our customer support team will assist you in processing the order.
How to Sell and Buy Crypto on Binance
1. You can only buy or sell BTC, ETH, BNB, USDT, EOS and BUSD on Binance P2P currently. If you would like to trade other cryptos, please trade at the spot market.

2. If you have any questions or complaints, please contact our customer support team.

Frequently Asked Questions (FAQ)


Credit/Debit Card

If I use a bank card to purchase crypto, what are the supported payment methods?

Binance supports Visa card or Mastercard payments.

Visa is accepted for cardholders in European Economic Area (EEA) countries, Ukraine, and the UK.

Mastercard payments are available in the following countries and regions: Colombia, Czech Republic, France, Germany, Indonesia, Italy, Latvia, Luxembourg, Mexico, Norway, Poland, Slovakia, Slovenia, Spain, Switzerland, Turkey, UK, Ukraine, etc.


It said that my cards issuing country is not supported. What card-issuing countries does Binance currently support?

Visa is accepted for cardholders in the European Economic Area (EEA) countries, Ukraine, and the UK. Mastercard payments are available in the following countries and regions: Colombia, Czech Republic, France, Germany, Indonesia, Italy, Latvia, Luxembourg, Mexico, Norway, Poland, Slovakia, Slovenia, Spain, Switzerland, Turkey, UK, Ukraine, etc.


How many bank cards can I link to my account?

You can link up to 5 bank cards.


Why do I see this error message: "Transaction declined by issuing bank. Please contact your bank or try a different bank card."?

This means that your bank card does not support this type of transaction. Please contact the bank or try with a different bank card.


Will the transaction be canceled if I cannot complete the purchase within the time limit?

Yes, if you do not complete the order within the time limit, it becomes invalid and you need to submit a new transaction.


If my purchase fails, can I get back the paid amount?

If payment has been deducted for failed transactions, your payment amount will be returned to your card.


After the order is completed, where can I see the crypto I purchased?

You can go to [Wallet] - [Overview] to check whether the cryptocurrency has arrived.
How to Sell and Buy Crypto on Binance

When placing an order, I’m notified that Ive already reached my daily limit. How can I increase the limit?

You can go to the [Personal Verification] to upgrade the account authentication level to upgrade to your account limit.


Where can I view my purchase history?

You can click [Orders] - [Buy Crypto History] to view your order history.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance

Identity Verification for Buying Crypto with Credit/Debit Card

In order to ensure a stable and compliant fiat gateway, users buying crypto with credit debit cards are required to complete Identity Verification. Users who have already completed Identity Verification for the Binance account will be able to continue to buy crypto without any additional information required. Users who are required to provide extra information will be prompted the next time they attempt to make a crypto purchase with a credit or debit card.

Each Identity Verification level completed will grant increased transaction limits as listed below. All transaction limits are fixed to the value of the Euro (€) regardless of the fiat currency used and thus will vary slightly in other fiat currencies according to exchange rates.

Basic Info
This verification requires the user’s name, address, and date of birth.

Identity Face Verification
  • Transaction limit: €5,000/day.

This verification level will require a copy of a valid photo ID and taking a selfie to prove identity. Face verification will require a smartphone with Binance App installed or a PC/Mac with a webcam.

For help with completing Identity Verification see the guide on how to complete identity verification.

Address Verification
  • Transaction limit: €50,000/day.
In order to increase your limit, you will need to complete your Identity Verification and Address Verification (proof of address).

If you want to increase your daily limit to be higher than €50,000/day, please contact customer support.

P2P


What is P2P?

‘Peer-to-peer’ (P2P) trading is a form of trading where a buyer and seller directly exchange their crypto and fiat assets with the help of an online marketplace and escrow services.



What is the release?

When a buyer has paid the seller, and the seller has confirmed that the payment is received, the seller has to confirm and release the crypto to the buyer.


I want to sell my crypto via P2P trading. Which Wallet should I use?

To sell your crypto via P2P trading, you need to transfer your funds to Funding Wallet first. The sell orders will be deducted from your Funding Wallet directly.


How to transfer?

1. Open your Binance App, and tap [Wallets] - [Overview] - [Transfer].
How to Sell and Buy Crypto on Binance

You can also log in to your Binance account on Binance website, and tap [Wallets] - [Overview] - [Transfer].
How to Sell and Buy Crypto on Binance

2. Choose [Funding] as the destination wallet, the type of crypto you want to transfer, and enter the amount. Then, tap [Confirm Transfer].
How to Sell and Buy Crypto on Binance
3. To check your transfer history, tab on the [History] icon on the top right.
How to Sell and Buy Crypto on Binance
How to Sell and Buy Crypto on Binance

What is the appeal?

When there is a dispute between buyer and seller, and a user would like the platform to arbitrate, users can file an appeal. The crypto involved in the trade will stay locked during the process.


How to cancel an appeal?

After filing an appeal, the user who started the appeal can cancel the appeal if the agreement is reached between the parties and arbitration is no longer needed. The order will return to the state where it is waiting for confirmation from the seller to release the crypto. The crypto will stay locked until the seller has confirmed the receipt of payment.


What is In order?

An order is a promised trade that the buyer and seller has agreed upon. Binance P2P facilitates the trade by providing an escrow service, meaning locking the assets until both sides agree to release as promised.


What is a Fixed Price Advertisement?

Price of fixed price Ads is fixed and does not move with the market price of the crypto.


What is the difference between Offer listing and Express mode?

The "Express" mode automatically matches a buy/seller for you, while in "Offer Listing" you can select your own buyer/seller. 
Thank you for rating.
REPLY A COMMENT Cancel Reply
Please enter your name!
Please enter a correct email address!
Please enter your comment!
The g-recaptcha field is required!

Leave A Comment

Please enter your name!
Please enter a correct email address!
Please enter your comment!
The g-recaptcha field is required!