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Aug 26
2020
How to Buy Bitcoin: A Quick Guide from Binance (Updated August 2020)


Binance makes it easy for anyone to buy Bitcoin (BTC). In this guide, we’ll walk you through the basics, so you can add crypto to your portfolio in minutes. 

What is Bitcoin? 

Bitcoin is the most popular and widely used cryptocurrency in the world. 

Do I need to buy a whole Bitcoin? 

Buying Bitcoin doesn’t have to be expensive. With Binance, you can buy a fraction of one Bitcoin from just $15.  

Why choose Binance? 

We’re the world’s largest crypto exchange trusted by millions of users worldwide. We make buying crypto fast, easy, and safe. Our 24/7 Customer Support team is always ready to help. 

Ready to buy Bitcoin? Here are the steps:

If you’re an experienced crypto trader and want to open an account with Binance, sign up for a Binance account or download the Binance app. Otherwise, read this article for step-by-step instructions on how to buy Bitcoin with Binance. 

Step 1: Create your Binance Account

Sign up with your email address or mobile phone number, and choose a strong password. Or, download the Binance crypto trading app from the App Store or Google Play store and open an account there.

Step 2: Start Buying Bitcoin

There are two main ways to buy Bitcoin on Binance: you can link your debit/credit card or bank account, or buy crypto directly from other users with P2P trades. 

Buy Bitcoin with a Debit Card, Credit Card, or Bank Transfer

Linking your debit card, credit card, or bank account (available in select regions) is one of the easiest ways to buy Bitcoin. Head over to this page to get started: https://www.binance.com/en/creditcard

Through this method, you can buy Bitcoin for a minimum of about 15 USD (amount varies depending on currency).

Buy Bitcoin with P2P Trading

Buy Bitcoin directly from other Binance users with your local fiat currency. Browse a variety of Bitcoin listings to shop the best offers on Bitcoin from other users. In order to place an order, you must first deposit your local fiat currency to your Binance wallet. 

Buy Bitcoin with Third-Party Payment Methods

In select regions, you can buy Bitcoin by linking your debit/credit card or bank account via Simplex or Banxa. 

How to Buy Bitcoin with Binance’s Fiat-to-Crypto Options

Depending on where you are in the world, Binance can offer you many options on where to buy Bitcoin and other cryptocurrencies. 

Binance.US - Buy Bitcoin with US dollars (USD)

Binance.KR - Buy Bitcoin with South Korean won (KRW)

Binance.SG - Buy Bitcoin with Singapore dollars (SGD) 

Binance.JE - Buy Bitcoin with Euros (EUR) and British pounds (GBP) 

Binance Lite Australia - Buy Bitcoin with Australian Dollars (AUD) with internet banking (POLi Payments) or cash at newsagents across the country.

Trust Wallet - Buy Bitcoin via credit or debit card and store your crypto on Binance’s leading crypto wallet app.

WazirX - Buy Bitcoin with Indian Rupees (INR) 

Binance.UK - Buy Bitcoin with British pounds (GBP) and Euros (EUR). Coming soon.

Please take note that each of these platforms has its own registration processes. However, all of the Binance-empowered fiat-to-crypto channels offer the same robust platform and security offered by the Binance Exchange.