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3. How to Buy Cryptocurrencies on Binance?

3. a. Register

Go to binance.com to create your account. You can sign up with your email address or phone number.

3. b. Verify your identity to secure your account

Next, you have to go through our identity verification process (also known as KYC). This process ensures that you are who you claim to be and helps us combat criminal activity.

To get verified: 

  • Log into your Binance account and find the Identification page under your Profile menu.

  • Next, select your country of residence and follow the instructions.

  • Provide your personal information and verify your documents (it only takes a few minutes).

  • Lastly, you just need to do a quick liveness check and wait for your process to be approved.

Learn more:

3. c. Buy cryptocurrency

To buy cryptocurrencies, you'll need to deposit funds into your Binance account. Binance offers various payment methods, including credit/debit cards, bank deposits, and other fiat gateways. 

If you are using the Binance App, we recommend using the Binance Lite interface, which offers a simplified trading UI and Wallet, so you don’t need to navigate through complex product functions. The Binance Lite interface is set as default for new users.

For example, if you want to use a credit card to buy crypto, you can follow these simple steps:

  • Log in to your Binance account and click [Buy Now] on the homepage.

  • Select the fiat currency and the amount you wish to use.

  • Select credit card as the payment method and add the required information.

  • Check the payment details and click confirm to submit your order.

  • You will be redirected to your card’s transaction page. Follow the instructions to verify the payment.

  • Soon after completion, you will see the purchased crypto in your Spot wallet.

Learn more:

4. How to Withdraw From Binance?

When making withdrawals from Binance, you can choose to withdraw fiat (to your bank account) or cryptocurrencies (to an external crypto wallet).

To withdraw fiat, for example, you can go to the [Wallet] section and click [Withdraw]. Next, click [Withdraw Fiat] and select the desired currency and preferred method.

Learn more:

Disclaimer and Risk Warning: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.