USDT is the most commonly used stablecoin, pegged to the US dollar, and an essential tool for trading cryptocurrency. After registering on Binance and completing identity verification, you can purchase USDT. Download the Binance APP for more convenient mobile operations.
Method 1: P2P Purchase
This is the most common way to buy USDT with CNY:
- Open the Binance APP and go to "Buy Crypto" > "P2P Trading"
- Confirm the purchase currency is USDT
- Select a suitable merchant (focus on price, transaction volume, and rating)
- Enter the purchase amount and confirm the order
- Complete payment as instructed by the merchant
- Wait for the merchant to release the crypto
Method 2: Quick Buy
Binance also offers a Quick Buy feature:
- Tap "Quick Buy" on the home page
- Select payment method and amount
- Choose to buy USDT
- Complete payment as prompted
Quick Buy prices may be slightly higher than P2P, but the process is simpler.
How Much USDT to Buy
Decide based on your trading needs. Beginners should start by buying a small amount (such as 100-500 CNY equivalent) to get familiar with the process, then increase the amount after confirming everything works.
Where Does USDT Go After Purchase
USDT purchased through P2P goes into your Funding account. You need to transfer it to your Spot account to use it for trading. Tap "Transfer" in the APP to move funds from Funding to Spot.