Buy USDT on Binance to bridge the gap between fiat and crypto, allowing users to purchase digital assets directly using USDT.
If you want to trade cryptocurrencies such as Bitcoin or Ethereum on the Binance platform, you must first deposit funds and purchase USDT.
USDT is the most popular USD stablecoin, maintaining a 1:1 value with the US dollar.
How can you deposit on Binance and buy USDT? This guide walks you through the steps to complete your purchase and fund your account easily.
- How to Buy USDT via TWD Exchanges?
- How to Buy USDT with a Credit Card?
- How to Buy USDT with Apple Pay?
Buy USDT on Binance: Registration and KYC Verification Guide
Before buying USDT on Binance, beginners must first create an account. Here’s the registration process:
Step 1. Prepare Required Information
- Identification: Choose one – ID card, passport, or driver’s license.
- Camera: A phone or computer webcam is needed for facial verification.
- Email Address: Used for account registration and receiving verification codes.
- Mobile Number: Required to receive SMS verification codes.
Step 2. Go to the Binance Registration Page
- Visit the Binance registration page.
- Choose to sign up using your email, Google account, or Apple ID.
- Check your email and enter the verification code.
- Set a password with at least 8 characters, including at least one number and one uppercase letter.
- Complete registration. (Bind an invitation code to enjoy a 20% fee discount)
Step 3. KYC Identity Verification
After registering and logging into your Binance account, you’ll need to complete KYC verification to enable basic features like trading and deposits. Here’s how to complete Binance KYC:
- Enter your full name, country of residence, nationality, and date of birth.
- Upload a photo of your ID. (Choose one: ID card, driver’s license, or passport)
- Complete facial recognition using your phone or computer camera. (Tip: Remove any items that may block your face)
After completing the steps above, the KYC review usually takes about 1 to 2 hours. You’ll receive an email notification once the verification is complete.
1. Buy USDT on MAX Exchange
MAX Exchange supports TWD deposits and withdrawals, making it a popular choice for users to buy USDT and then transfer it to Binance. Here’s how to do it:
- Open the MAX Exchange app, tap “Wallet” at the bottom, and select “TWD” to access the deposit function.
- Transfer TWD from your bank account to the designated MAX Exchange account to complete the deposit.
- Once the funds are credited, go to your wallet and select “USDT / TWD” to place a buy order based on the current market price.
- Switch to the Binance app and go to “Wallet” → “Deposit” → “Select Coin” → “Select Network” → then copy the deposit address.
- Return to the MAX app, go to the “Assets” page → “Withdraw” → select USDT → choose “Send via Crypto Network” → enter the withdrawal details → and paste the Binance address you just copied.
When selecting the network for your withdrawal, you can choose Tron (TRC20), which is supported by most exchanges. Just make sure the coin type and network match the withdrawal settings on MAX Exchange.
2. Buy USDT by Credit Card
Binance supports credit card deposits, allowing you to purchase USDT by selecting a card as your payment method. Here are the steps:
- Open the Binance app and go to “Buy Crypto” from the “Main Features” section.
- Enter the amount you want to spend and choose the cryptocurrency (USDT).
- Once the amount is set, tap “Payment Method” and select your credit card.
- After selecting the card, return to the main screen and tap “Buy USDT” to complete the purchase.
Note: The minimum amount for credit card deposits is equivalent to TWD 550 or more in crypto.
3. Buy USDT by Apple Pay
Binance supports Apple Pay deposits. Simply select Apple Pay as your payment method, and you’ll be redirected to the checkout page. Here’s how to buy USDT:
- On the Binance app homepage, tap “Add Funds”, then select “Buy Crypto with TWD” and enter the amount you want to purchase.
- Choose “Apple Pay” as your payment method, and you’ll be redirected to the checkout page to complete the purchase.
Binance Deposit FAQs
1. How much is the fee for buying USDT on Binance?
Buying USDT with a credit card incurs a fee of over 2%, while purchasing USDT through a Taiwanese exchange typically comes with no fees.
2. How to buy USDT on Binance?
Currently, Binance supports three deposit methods: TWD exchanges, credit cards, and Apple Pay.
3. What if I have issues buying USDT?
Binance offers 24/7 live customer support. Users can contact support through the app or the official website to resolve any issues.
Conclusion
To trade crypto on Binance, you’ll need to buy USDT first. This guide shows three easy ways to deposit and start buying coins right away.
Ready to enter the crypto world? Follow the steps to buy USDT on Binance and turn your TWD into digital assets today!
