How To Buy Crypto With Binance in South Africa

2023-07-12

Main Takeaways

In this blog, we'll provide you with depositing and withdrawing options available on Binance for South Africa Rands(ZAR). Deposit funds directly onto the Binance exchange to buy bitcoin and other cryptocurrencies.

  • Watch our Video Guide: How to Deposit on Binance in South Africa 

  • Use P2P to buy and sell crypto

Watch our Video Guide: How to Deposit Rands on Binance in South Africa 

Our easy video guide will provide users with a simple walkthrough explanation of depositing options available on Binance in South Africa . Click here to watch now!

2 Ways to Deposit and Withdraw on Binance in South Africa 

There are a few methods for Binance users in South Africa to deposit and withdraw funds from the exchange. Read on for an overview and helpful links to more information for each method.

1. Deposit and withdraw using linked payments

Users can deposit onto the Binance exchange by securely linking a bank account to make South African Rand(ZAR) deposits and withdrawals. Once the deposit has been completed and credited to your Binance wallet, you can choose to buy crypto with ZAR. See the Linked Payments Guide for more information and step-by-step instructions for depositing directly from your bank account in South Africa

2. Use P2P to buy and sell crypto

A P2P platform serves as the peer-to-peer marketplace for users to buy or sell crypto for fiat directly with one another using their preferred payment method, currency and even price - while paying zero trading fees!

On Binance P2P trading, the users directly buy or sell cryptocurrencies from each other on the Binance P2P platform. P2P is currently available for Australian users as a method of depositing into their Binance accounts. See How To Get Started With P2P for more details.

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