How to Deposit on Binance (Complete Guide)

Before you can buy and sell Bitcoin on Binance, you must first make a deposit in your account.

Well, in this Androbuntu tutorial I will give a complete guide on how to do that.

For those of you who want to use Binance as the main crypto trading platform, then you must read this article to the end.

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How to Deposit on Binance

There are two types of deposits on Binance, namely cryptocurrencies (USDT, USDC, BIDR, etc.) and fiat currencies (USD, EUR, GBP, INR, etc.).

To deposit using fiat currency, you must first verify your account.

But if you deposit using cryptocurrency, you don’t need verification.

Therefore, if your Binance account has not been verified, then I recommend depositing using cryptocurrency only.

Ok, let’s go, here’s how to add funds or deposit on Binance:

Open the Binance app, then tap the button deposit.

There are two kinds of deposit methods, namely using Crypto and Fiat. Select the type of crypto you want to use for the deposit. An example is USDT.

Select the network type, there are ERC20, BEP2, and others. Then tap the button Copy Address.

After that paste the address into your wallet and send the USDT amount you want to deposit into your Binance account.

In addition to depositing using crypto, you can also deposit using fiat.

Tap tab FIAT, then select the currency you want to use for the deposit. An example is USD (US Dollar).

Next, choose a deposit method, for example SWIFT.

Follow the next steps to transfer the money to an available bank account on Binance.

If there are no problems, your money will immediately go to your Binance account.

How long will my deposit take to my account?

If you deposit using crypto (USDT, USDC, Bitcoin, etc.), then the deposit will enter after sending funds getting at least 1 blockchain network confirmation.

Meanwhile, if you deposit using the bank transfer (FIAT) method, the money will enter your account up to a maximum of 5 working days.

So it is highly recommended to deposit using crypto.

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