how to bank transfer to binance

To deposit funds into your Binance account via bank transfer, navigate to the Fiat and Spot wallet, select "Bank Transfer," and follow the provided instructions for initiating the transfer.

Nov 09, 2024 at 04:20 pm

How to Bank Transfer to Binance

1. Create a Binance Account

• Sign up for a Binance account on their website or mobile app.
• Verify your identity and complete KYC (Know Your Customer) procedures.

2. Go to the Fiat and Spot Wallet

• Log in to your Binance account and click on "Wallet" in the top navigation bar.
• Select "Fiat and Spot."

3. Choose Bank Transfer

• Click on "Deposit" and then select "Bank Transfer."

4. Choose Your Preferred Currency

• Select the currency you want to transfer, such as USD, EUR, or your local currency.

5. Select Your Bank

• Choose the bank from the list provided, enter your bank account details, and click "Continue."
• Note: You may need to provide additional information, such as an IBAN or bank code, depending on your location.

6. Enter the Amount

• Type in the amount you want to transfer to Binance.
• Ensure that you have sufficient funds in your bank account to cover the transfer.

7. Review and Confirm

• Review the transaction details, including the amount, bank details, and applicable fees.
• If everything is correct, click "Confirm."

8. Initiate Bank Transfer

• Follow the instructions provided by Binance to initiate the bank transfer from your external bank account.
• This may involve logging into your online banking portal or visiting a physical bank branch.

9. Wait for Transfer Confirmation

• Binance will receive the payment and process it within 1-3 business days, depending on your bank and local regulations.

10. Check Your Binance Wallet

• Once the transfer is successful, the funds will be deposited into your Binance Fiat and Spot wallet.
• You can use these funds to buy cryptocurrencies or participate in trading.