How to add a payment method to buy coins on Binance?

In order to buy coins (bitcoin or any other cryptocurrency) P2P on binance, you must add your current bank account information to the Binance platform first. Note, you need to enable the “SMS authentication” first. If you have not done this, you can refer to the article: How to enable SMS Authentication on Binance?

After successfully enable on SMS authentication, you can add to your payment method by following the steps below:

Step 1: Access the “Payment” feature on Binance

1. Click on “Dashboard” in the upper right corner of the Binance window

2. Click on “Payment” in the left corner of the screen

Step 2: Select “Add payment method”

In the “Payment” section, select the “P2P Account” tab, click on “Add payment method” in the right corner of the screen

Step 3: Choose the right payment method

If you pay by bank account, select “Bank transfer”. If using another payment method, select “More”

Step 4: Fill in your account information in the blank box

Note: The bank account holder information must match the name you used to register your Binance account

Scroll down, click “Confirm” in the left corner of the screen.

Step 5: Select security verification feature

Here, you can choose to “Verify Phone” or “Verify Google”. Article You enter the verification code and click “Submit”

After completing the verification, in the “Payment” section, the “Bank transfer” information you entered in step 4 as shown below is successful.

After adding the payment method, you can make P2P coin purchases on Binance right away. Please continue to follow the next tutorials to make your first coin purchases at Binance.

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