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How to Deposit CNY on Binance

2026-03-21 · 3 min read
How to deposit CNY on Binance to purchase cryptocurrency, with process details.

Binance does not support direct CNY deposits, but you can purchase cryptocurrency with CNY through P2P trading. First register on Binance and complete account setup and identity verification, then download the Binance APP for easier mobile operations.

P2P Buying Process

P2P trading is the primary way to deposit CNY:

  1. Open the Binance APP and tap "Buy Crypto"
  2. Select "P2P Trading"
  3. Choose the cryptocurrency you want to buy (USDT recommended)
  4. Browse the merchant list and select one with a good price
  5. Enter the purchase amount and place the order
  6. Transfer payment using the merchant's provided payment method
  7. Tap "Payment Completed" after transferring
  8. The merchant confirms receipt, and USDT is automatically credited to your account

Payment Methods

P2P trading supports multiple payment methods:

  • Bank card transfer
  • Alipay
  • WeChat Pay

Different merchants support different payment methods, so check before placing an order.

Important Notes

  • Do not write anything related to cryptocurrency in the transfer remarks
  • Choose merchants with high transaction volume and good ratings
  • Always tap the "Payment Completed" button after making payment
  • Do not conduct transactions outside the platform to avoid being scammed

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