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How to Buy Crypto with EUR via Paymonade Bank Transfer?
2024-01-18 03:00
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 app and tap [Add Funds] - [Buy with EUR].
2. Here you can choose to buy crypto with different fiat currencies. Enter the EUR amount you want to spend, and the system will automatically display the amount of crypto you can get. Select [Paymonade(SEPA)] as the payment method and tap [Buy] to continue.
3. If you haven’t completed identity verification for your Binance account, you’ll be prompted to do so at this step.
4. Please wait while we process your transaction. This will take no more than 30 seconds.
4. After you send the transaction, you will be redirected to a third-party platform.
If this is your first time using Paymonade, you’ll need to agree to share your information with the payment provider. Read and agree to the terms and click [Continue].
Please note that your personal data will be shared with the payment provider for KYC and onboarding purposes and the activation of fiat transactions.
5. Then, enter your email to verify your account and follow the instructions to proceed with your transaction.
If you encounter any issues when buying crypto on Paymonade, please refer to Paymonade Support Center.
6. You will be redirected to Binance after confirming the payment. Please wait patiently for the order to process. This will take no more than 30 seconds.
8. Your order is submitted. Please wait patiently for the bank to process your order.
1. Log in to your Binance account and click [Deposit].
2. Click [Bank Deposit] on the side panel.
3. Choose to deposit EUR. Please note that your deposited EUR will be automatically converted to crypto using the real-time conversion rate.
Choose to pay with [Paymonade (SEPA)] and click [Continue].
4. If you haven’t completed identity verification for your Binance account, you’ll be prompted to do so at this step.
5. Enter the amount you want to deposit, and you’ll see the amount you can receive in USDC, and the transaction fee (if any). Click [Continue].
6. If this is your first time using Paymonade, you’ll need to agree to share your information with the payment provider. Read and agree to the terms and click [Confirm].
7. You’ll be directed to Paymonade’s website. Make the bank transfer accordingly. Please note that the account holder's name must match the one on your Binance account.
If you encounter any issues when buying crypto on Paymonade, please refer to Paymonade Support Center.
8. Your deposit order is submitted. Please wait patiently for the bank to process your order.
