how to buy crypto in binance with paypal

Following simple steps on the Binance platform, users can conveniently purchase various cryptocurrencies like Bitcoin, Ethereum, and more, using their existing PayPal accounts.

Nov 06, 2024 at 04:16 am

Step-by-Step Guide: How to Buy Crypto with PayPal on Binance

1. Create a Binance Account:
Visit Binance's official website (binance.com) and click on "Register." Provide your email address and create a password.

2. Verify Your Identity:
To comply with regulations, you will need to verify your identity. Follow the instructions to submit your government-issued ID.

3. Add PayPal as a Funding Source:
Once your account is verified, click on "Wallet" from the top menu. Go to "Fiat and Spot" and choose "Deposit." Select PayPal from the list of available payment methods.

4. Enter the Amount and Select the Crypto:
In the PayPal deposit window, enter the amount you wish to deposit in USD or EUR. Choose the cryptocurrency you want to buy from the dropdown menu.

5. Confirm the Purchase:
Review the details of your purchase, including the amount, crypto selected, and transaction fee. Once satisfied, click on "Confirm" to complete the transaction.

6. Receive the Cryptocurrency:
Your purchased cryptocurrency will be credited to your Binance spot wallet immediately. You can check your balance by going to "Wallet" and selecting "Spot Wallet."

Additional Notes:

• PayPal deposit limits may vary depending on your account and region.
• Binance charges a transaction fee for PayPal deposits, which is typically 0.5%.
• Instant buy limits for crypto purchases with PayPal may apply based on your account level.
• Ensure you are using an authorized PayPal account linked to the same email address used for your Binance account.
• PayPal deposits in all fiat currencies except USD and EUR are not supported.