Main points
On the Binance platform, you can choose from a variety of methods to trade Bitcoin and other cryptocurrencies in preparation for the upcoming halving event.
Whether you are buying or selling digital assets, you can enjoy the convenient purchase process and diverse payment methods on the Binance C2C platform or currency purchase page (the platform supports local currency payments).
You can also deposit fiat currency into your Binance account to trade on the spot platform.
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Welcome to the fascinating world of Bitcoin! As the world's first cryptocurrency, Bitcoin has many unique characteristics. The most important of these is the cyclical “halving” mechanism. Each halving will completely break the original supply and demand pattern, causing turmoil in the entire cryptocurrency world. When Bitcoin halving occurs, the entire digital asset space will be affected. As the world’s largest cryptocurrency exchange by trading volume, Binance is always at the center of changes in the supply and demand landscape.
In Binance’s ecosystem, users have multiple ways to start their Bitcoin journey. In this article, we will detail how to buy and sell Bitcoin on Binance using fiat currencies. As the halving approaches, the crypto market and the wider financial sector will be in a state of flux again, and you can be one of the trendsetters.
How to buy Bitcoin on Binance platform?
Binance C2C
Binance C2C is the industry’s leading peer-to-peer trading platform. Here you are free to choose the best price, choose your preferred payment method and decide on your counterparty. Binance offers custodial services and advanced security measures to give you an extra layer of security on every transaction.
For Binance App users, the trading process is very simple. Just click [Recharge] on the app homepage, select [C2C Transaction], and then select your desired currency and preferred payment method from the more than 700 options we support.
If you prefer the web version, just visit C2C Platform Page to start trading. If you want to complete the transaction simply and quickly, you can log in to the "Quick Edition" C2C platform. We will recommend a proven counterparty to you, saving you the trouble of choosing a trading partner.
For detailed steps, see this Guide.
Purchase using credit/debit card, e-wallet or online banking via the coin buying function
Through the Coin Buying Function on the Binance platform, you can purchase Bitcoin and other cryptocurrencies quickly, conveniently, and safely.
App users can click [Recharge] on the App homepage and select [Buy Coins with USD] or purchase with local currency, and then select the preferred payment method. Users of the web version can securely purchase cryptocurrency using local currency simply by going to the coin purchase page.
For step-by-step instructions on purchasing with a credit/debit card, please see FAQ. You can also check the Bank transfer or Third-party payment platform supported by the platform.
Deposit fiat and buy cryptocurrencies via the buy function or spot trading
Binance users can also choose another cost-effective trading method, which is to first transfer fiat currency to a Binance account, and then use the currency buy function or directly buy Bitcoin or other cryptocurrencies on the spot market. Below is a list of available currencies and their corresponding step-by-step guides:
Brazilian Real: Follow this step-by-step guideto transfer Brazilian Real to a Binance account. Once completed, you can purchase Bitcoin directly with Brazilian Real on the Spot Platform.
Euros: Follow this step-by-step guide to deposit Euros into your Binance account. Once completed, you can purchase Bitcoin directly with Euros on the Spot Platform.
Ukrainian Grynav: Follow this step-by-step guide to deposit Ukrainian Grynav in your Binance account. Once completed, you can purchase Bitcoin directly using Ukrainian Grenavs on the Spot Market.
Argentine Peso: Follow this step-by-step guide to deposit Argentine Peso in your Binance account. Once completed, you can Spot MarketBuy Bitcoin directly with Argentine pesos.
Colombian Peso: Follow this step-by-step guide to deposit Colombian Peso in your Binance account. Once completed, you can Spot MarketBuy Bitcoin directly with Colombian pesos.
Mexican Peso: Follow this step-by-step guide to deposit Mexican Peso in your Binance account. Once completed, you can Buy Bitcoin directly with Mexican pesos on the spot platform.
Polish Zloty: Follow this step-by-step guide to deposit Polish Zloty in your Binance account. Once completed, you can purchase Bitcoin directly on the Spot Market using PLN.
Romanian Leu: Follow this step-by-step guide to deposit Romanian Leu in your Binance account. Once completed, you can purchase Bitcoin directly with Romanian Leu on the Spot Market.
Czech Koruna: Follow this step-by-step guide to deposit Czech Koruna in your Binance account. Once completed, you can purchase Bitcoin or other cryptocurrencies directly using your CZK balance.
HUF: Follow this step-by-step guide to deposit HUF in your Binance account. Once completed, you can purchase Bitcoin or other cryptocurrencies directly using your HUF balance.
Take advantage of diverse trading options and trade Bitcoin and other cryptocurrencies with ease. You can use your local currency and choose your preferred payment method on the Binance C2C Platform or Buy Coins page. You can also directly deposit fiat currency and trade on the Binance Spot platform. Act now to welcome the Bitcoin halving!
