Binance has enabled the option to deposit Venezuelan bolívares (VES) directly via bank transfer or Pago Móvil to buy cryptocurrencies (such as USDT or USDC) without using P2P trading.
●How does it work?
Step 1: In the Binance app, go to Deposit \rightarrow select VES \rightarrow choose Pago Móvil or Bank Transfer.
Step 2: The system generates the bank details to which you must send bolívares from your online banking account.
Step 3: Once your bolívar balance is credited in the app, go to Trade \rightarrow Convert to exchange your VES directly for USDT, USDC, or other assets.
● Key conditions and requirements
Account ownership required: The funds sent must come strictly from a bank account in your name. Payments from third-party or family members’ accounts are not allowed.
Deposit fee: 0% fee for depositing bolívares to the platform.
Local payment processor: The funds are not received or processed directly by Binance, but by the authorized financial institution in Venezuela, Casa de Cambios Insular, S.A. (regulated by Sudeban and the BCV).
Operating hours: The service is available every day from 12:01 a.m. to 8:59 p.m.
⚠️ Attention ⚠️
Gradual rollout: The feature is being enabled gradually for verified users in Venezuela 🇻🇪. $USDC #Binance
●How does it work?
Step 1: In the Binance app, go to Deposit \rightarrow select VES \rightarrow choose Pago Móvil or Bank Transfer.
Step 2: The system generates the bank details to which you must send bolívares from your online banking account.
Step 3: Once your bolívar balance is credited in the app, go to Trade \rightarrow Convert to exchange your VES directly for USDT, USDC, or other assets.
● Key conditions and requirements
Account ownership required: The funds sent must come strictly from a bank account in your name. Payments from third-party or family members’ accounts are not allowed.
Deposit fee: 0% fee for depositing bolívares to the platform.
Local payment processor: The funds are not received or processed directly by Binance, but by the authorized financial institution in Venezuela, Casa de Cambios Insular, S.A. (regulated by Sudeban and the BCV).
Operating hours: The service is available every day from 12:01 a.m. to 8:59 p.m.
⚠️ Attention ⚠️
Gradual rollout: The feature is being enabled gradually for verified users in Venezuela 🇻🇪. $USDC #Binance