Binance supports multiple deposit methods to meet different users' funding needs. After registering on Binance and completing identity verification, you can start depositing. Download the Binance APP for more convenient mobile deposits.
P2P Trading Deposits
The most suitable method for CNY users:
- Transfer to merchants via bank card, Alipay, or WeChat
- Crypto arrives in your Funding account after the merchant releases it
- Platform escrow ensures transaction safety
- No platform fees
On-Chain Deposits
Transfer cryptocurrency from other wallets or exchanges:
- Select "Deposit" in the Binance APP
- Choose the cryptocurrency to deposit
- Select the corresponding deposit network (make sure to choose correctly)
- Copy the deposit address
- Transfer from the other platform to this address
Network selection is extremely important -- choosing the wrong network will result in permanent loss of assets.
Credit Card Purchases
Some regions support purchasing cryptocurrency directly with Visa or Mastercard credit cards. The operation is simple but fees are higher, typically around 2%-3%.
Third-Party Payments
Binance integrates multiple third-party payment channels supporting payment methods from different regions. Available channels can be viewed on the buy crypto page in the APP.
Recommendation
Beginners are recommended to use P2P trading for deposits -- it has the lowest cost and simplest operation. On-chain deposits are better suited for users who already hold cryptocurrency.