In just a few steps, you can buy crypto such as BTC, BNB or ETH using the [Buy Crypto] function on the Binance website and app. The purchased crypto will be credited to your Binance Spot Wallet almost instantly, and you will be able to start trading on the exchange or participate in Binance Earn subscriptions.
How to buy crypto with USD on the Binance Lite app?
1. Ensure that your fiat currency of choice is set to USDby tapping the Accounts icon - Settings icon - [Currency] - USD.
Then, log in to your account on the Binance app and tap the Trade icon - [Buy].
2. Choose the cryptocurrency you want to purchase.
3. Enter the amount of USD you’d like to spend. You can also switch to enter how much crypto currency you’d like to purchase.
4. Select the payment method you would like to pay with and tap [Confirm] to proceed with the order.
If you haven’t bind a card before, tap [Add] under [Card] and fill in your card information.
5. If this is your first time trading fiat, please follow the steps to activate the fiat service and allow us to share your account information with our service providers.
Account information includes:
Personal Information (Name, Date of Birth, Nationality)
Identity Verification
Biometric Information
Proof of Address
Questionnaire
Source of Wealth Declaration
6. Check the order confirmation details carefully and confirm the order.
Please wait patiently for your order to process. This will take no more than 30 seconds.
7. To view more details about the transaction, you can check the fiat currency history by clicking [View Spot Wallet].
You can also access the Spot Trading page by tapping on [Spot] to start trading.
For more information on how to buy crypto on Binance, please refer to:
1. Log in to your Binance app, and go to Binance Pro. Ensure that your fiat currency of choice is set to USD by tapping the Accounts icon - Settings icon - [Currency] - USD.
Then, from the home screen, tap on the [Add Funds] button and choose [Buy with USD].
2. Here you can choose to buy or sell crypto with different fiat currencies. Tap [Buy Crypto] from the top menu.
3. Enter the amount of USD you want to spend, and the system will automatically display the amount of crypto you will receive.
If you haven’t purchased crypto with a card before, tap [Add New Card] and enter your card details. Otherwise, tap [Confirm].
Please note that you may be asked to wait 24 hours if you bind too many cards at once. If the card fails to bind, you can try a card issued by a different bank, or with a different issuing country if possible.
4. Check the payment details and transaction fees carefully before tapping [Confirm]. Please note that at any given time, the price and corresponding amount of crypto may be recalculated automatically.
To learn more about the calculations of pricing and crypto rates, tap the [...] button next to the price quotation.
5. If applicable, you will be directed to your bank's transaction page. Follow the instructions provided to validate your payment. Please wait patiently for your order to process. You’ll see the purchased crypto in your account shortly.
For more information on how to buy crypto on Binance, please refer to:
2. Here you can choose to buy crypto with different fiat currencies. Enter the amount of USD you want to spend. The system will automatically calculate the amount of crypto you can get.
3. If you haven’t purchased crypto with a card before, click [Add New Card] and enter your card details. Otherwise, click [Confirm] to proceed.
4. Enter your card information and click [Confirm].
Please note that you may be asked to wait 24 hours if you bind too many cards at once. If the card fails to bind, you can try a card issued by a different bank, or with a different issuing country if possible.
The 24-hour wait only applies to the card binding process. If you have successfully added a card before, you can still make purchases without any additional waiting period.
5. Your card will be saved. You may also change your card by clicking [Change Card]. Click [Continue].
6. If this is your first time using the fiat service, read and agree to the terms of use to activate it.
7. Check the order details carefully and confirm the order within 10 seconds.
If your quote expired, click [Refresh] to get a new quote. The amount of crypto you can get will be recalculated based on the market price.
8. Please wait patiently for your order to be processed.
To view more details about the transaction, you can check the fiat order history by clicking [View Spot Wallet].
9. To view your order history, go to [Orders] - [Fiat Order].
If the transaction cannot be processed, the status will display as 'Failed.' For further action, click [Inquiry] on the left side.
For more information on how to buy crypto on Binance, please refer to:
3. Will the transaction be canceled if I cannot complete the purchase within the time limit?
Yes, if you do not complete the order within the time limit, it becomes invalid, and you need to submit a new transaction.
4. If my purchase fails, can I get back the paid amount?
If payment has been deducted for failed transactions, your payment amount will be returned to your card. The refund process may take a few days to show on your card statement.
5. Why is there an additional fee when I buy crypto?
Some banks may perceive crypto transactions as quasi-cash payments. Therefore, some banks may charge an additional fee for purchasing cryptocurrency with your cards. If you were charged an additional fee, please contact your bank to clarify the reason first.
6. Why do I see these error messages: "Transaction declined by issuing bank. Please contact your bank or try a different bank card" or “The card you’re using is not supported, please change a card and try again”.
Some banks and card providers may restrict cryptocurrency transactions due to their internal policies. If your transaction is blocked, you may need to consult with your bank or card provider about their rules on cryptocurrency trades. Alternatively, users can try using another card (from the same or different bank).
7. Why did I receive less cryptocurrency than I expected? Are there other factors at play, like conversion rates, in addition to fees?
When buying cryptocurrency with a card, please note that in addition to fees, conversion rates/prices would also affect the final amount you can receive. You may check your order details from the [Transaction Details] page.
8. What should I do if my purchase fails? Where can I find detailed information about the failure and its solution?
Go to [Fiat History] and find the failed order. Tap on it and you can view the reason for the failure.
If further support is needed, you can tap the CS button to speak with Customer Support.
9. When placing an order, I’m notified that I've already reached my daily limit. How can I increase the limit?
Tap [Increase Limit] and complete the additional verification required to increase your daily limit.
Alternatively, you can view your current limits and upgrade your identity verification level for a higher account limit. Go to [Account Center] and select [>] - [Verifications].
For more information on how to buy crypto on Binance, please refer to:
