How to Buy Crypto with EUR on Binance?

Last updated: July 29th, 2024

Please note, this article only applies to users residing in the following European countries and regions: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Hungary, Ireland, Latvia, Lithuania, Luxembourg, Malta, Portugal, Romania, Slovakia, Slovenia, Liechtenstein, Iceland, Norway, Andorra, San Marino, Switzerland

Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.

1. Log in to your Binance account and go to [Buy Crypto]. Select EUR to receive USDC. Then enter the amount you would like to spend or receive.

2. If you have purchased crypto with a card before, click [Buy] to proceed; If not, click [Add New Card] and enter your card details. Then click [Confirm].

Important Note: 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 continue making purchases without any extra wait.

3. If you haven’t completed identity verification for your Binance account, you’ll be prompted to do so at this step.

4. Select [Bank Transfer (SEPA)] as your preferred payment method, and click [Confirm] within the specified time. After that, the quote will be refreshed automatically.

5. You may need to complete additional verifications before continuing.

6. To comply with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) laws and regulations, you may be asked to provide more information, such as completing a Source of Wealth Declaration. The review process could take 3 - 5 working days. If you wish to cancel the deposit instead, the refund could take 3 - 4 working days to process. For more information, please refer to How to Complete the Source of Wealth Declaration.

7. Review the order details provided. Complete the bank transfer to proceed with the order.

Please note that you must include the reference code when making a bank transfer. For more details, refer to the frequently asked questions section below.

8. Carefully read the important notes, then click [OK] to continue.

Please note:

• Your bank account name must match the name registered to your Binance account.
• Include your full name in the Reference Code/Remark section of your bank transfer.
• Deposits exceeding your daily limit will be divided and sent on following days. Please check your daily limit before submitting your transaction.

9. Review the payment details provided. Transfer the money using the bank details shown to proceed. Please check the payment details and any channel fees before making the transaction.

You may check the transaction status by clicking [View History] for more details.

To learn more about buying crypto on Binance, please visit:

• How to Buy Crypto with Credit/Debit Card on Binance Website?
• How to Buy Crypto with Apple Pay and Google Pay on Binance?

Frequently Asked Questions on SEPA Reference Code

1. What is the bank transfer reference code?

When you make a bank transfer (deposit, withdrawal, or crypto purchase/sale) on Binance, some channels may contain a unique reference code that starts and ends with “B”. This unique reference code identifies your specific Binance account and the transaction amount, ensuring the correct amount is credited to the right account.

Please note that you must include the reference code when making a bank transfer.

2. How to add the reference code to a transaction?

You must include the reference code when initiating a transaction. Typically, you can enter the code under “Reference”, “Message to Receiver”, "Originator to Beneficiary Information (OBI)", "Remittance Information", or similar fields.

In some cases, there may be multiple fields for entering references. Make sure to enter the reference code under the correct field; otherwise, Binance won’t be able to view the code. If you’re unsure which field to use, you may contact your bank for further clarification.

3. What happens if I forgot to include the reference code?

If you made a SEPA transfer without a reference code, your deposit will be refunded to the original bank account. This refund will be processed automatically and may take up to 7 business days to complete. If possible, we recommend canceling the deposit from the bank to avoid any potential issues.

4. What happens if I put in the wrong reference code?

4.1 If you have made a deposit from your account before:

If you entered the reference code incorrectly, we can track your previous bank transfers and automatically credit your account within 1 to 3 business days. You won't need to contact customer service.

4.2 If it’s the first time you make a deposit from your account:

Your deposit will be automatically refunded to the original bank account within 7 business days. If you don't receive the refund after this period, you can submit an appeal, and we will update you via email.

To avoid delays or issues with future deposits, we recommend including the reference code provided on the deposit page in all your future transactions.