To deposit money into your Binance account, follow these steps:
1. Log into Your Binance Account:
• Open the Binance website or app.
• Enter your username and password to log in.
2. Go to the “Wallet” Section:
• On the website: Hover over or click on “Wallet” at the top of the page, then select “Fiat and Spot” from the dropdown.
• On the app: Tap “Wallet” on the bottom menu.
3. Click on “Deposit”:
• In the “Fiat and Spot” wallet section, click the Deposit button.
4. Choose Deposit Method:
• For Cryptocurrency Deposit:
• Select the cryptocurrency you want to deposit (e.g., Bitcoin, Ethereum, USDT).
• You will be given a deposit address (QR code and alphanumeric address).
• Copy the address or scan the QR code and send the cryptocurrency from your external wallet to this address.
• For Fiat Deposit (e.g., USD, EUR):
• Choose “Fiat” as the deposit method.
• Select the currency you want to deposit (e.g., USD, EUR).
• Binance offers various fiat deposit methods depending on your location, including bank transfers, credit/debit card payments, and third-party services like Simplex.
• Choose your preferred fiat deposit method and follow the on-screen instructions to complete the deposit.
5. Complete the Verification (if needed):
• If it’s your first time depositing fiat, Binance may ask for additional identity verification (KYC) before processing the deposit.
• For crypto deposits, you might need to confirm the transaction in your external wallet.
6. Wait for Confirmation:
• Crypto: The deposit may take a few minutes to a few hours depending on the network congestion of the cryptocurrency you’re depositing.
• Fiat: Bank transfers or other fiat deposits can take several business days depending on the method used.
7. Check Your Deposit:
• Once your deposit is successful, you’ll see it in your Binance wallet under Fiat and Spot.
• You can also view transaction details in your Transaction History section.
Note: Always double-check the address when depositing cryptocurrencies to avoid sending funds to the wrong wallet. If using fiat, be aware of deposit fees and processing times specific to your chosen payment method.
