How to Buy Bitcoin via Binance

1. Register and Verify Your Identity
- Create an account at binance.com.
- Complete KYC by uploading an ID and facial verification.
2. Deposit Euros
Binance supports multiple EUR deposit methods:
- SEPA Transfer: Free or low-cost option, typically credited within 1 business day.
- Bank Card: Instant but may incur a small fee.
- ZEN Payment: Fast and fee-friendly method available to ZEN account holders.
3. Convert EUR to Stablecoin
After deposit, it's often convenient to convert your EUR to a stablecoin like USDT or BUSD. This enables fast and flexible trading without price slippage due to fiat processing time.
- Go to "Trade" > "Convert" or "Spot" on Binance.
- Select EUR as the currency to sell and USDT (or BUSD) as the currency to buy.
- Confirm the amount and convert.
4. Buy Bitcoin with Stablecoin
- Go to the "Markets" tab or "Trade" > "Spot".
- Search for BTC/USDT or BTC/BUSD trading pair.
- Enter the amount of USDT you wish to convert to BTC and execute the trade.
5. Secure Your Bitcoin
Enable 2FA and consider withdrawing your BTC to a private wallet for long-term storage (hardware wallets like Ledger or Trezor are ideal).
Binance at a Glance
Feature | Details |
---|---|
Regulation | Registered in multiple jurisdictions including EU countries |
Deposit Methods | SEPA, Bank Card, ZEN |
Trading Pairs | BTC/USDT, BTC/BUSD, BTC/EUR |
Security | 2FA, withdrawal whitelist, device management |
Conclusion
Binance is a powerful and versatile exchange suitable for both beginners and experienced users. With support for SEPA, card, and ZEN deposits, as well as stablecoin conversions, it offers flexibility and speed in acquiring Bitcoin. Always practice safe crypto management by enabling 2FA and using secure wallets.