How to deposit money in Binance from bank account
Hey guys, welcome to this new video. In today's tutorial, we're going to see
step by step how we can buy cryptos from Binance using our bank account
So if you don't have an account with Binance, no problem. It's really simple to create an account
And in order to continue after you have a Binance account, you need to verify your identity. So you
can do transactions in here. So as you can see, my account has already been verified. So if you
already have your account and your account is already verified, we just need to go into buy
crypto. But if your account hasn't been verified yet, it's not going to take more than five minutes
You just need to go where it says your profile and go into identification and you just need to
provide all the documents that Binance asks for. As you said, it won't take more than five minutes
So once your profile is verified, you want to select buy crypto. So we have four ways that we
can buy cryptos. We can use a credit and debit card. Actually, that's the way that I do that
because it's really, really simple. We can do a P2P trading, we can do a cash balance
and we can do a third party payment. So in this case, what we want to do, let's say we don't have
a credit card or a debit card, we don't have a balance in our Binance. So the only way that we
can pay is with a bank transfer. So the way that we can make a transfer from our bank account into
Binance is to select the one that says P2P trading. Now P2P refers to peer to peer exchange
This is like a marketplace where a lot of people can trade crypto directly from one person to
another. And if you don't have a credit card, or maybe you don't even have an account and you're in
a bank, this is like a great option for us. So what you guys want to do is to select the crypto
that you want to buy. If you don't know which crypto you want to buy, I strongly recommend that
you select USDT or Bitcoin since those coins are really, really like the most popular in the market
So if I select Bitcoin, I'm going to select the amount that I'm going to be paying. Now it says
fiat, we want to select the currency that we're using in our bank or in your local area. In my
case, that would be the MXN. Maybe you're using dollars, that would be USDT. So it totally depends
on yourselves. Now on payment, this is what we want to do. It depends on the local and the region
that you are currently in. So either you can go into Noxo, 7-11, we have only this ones available
in my country. But you're going to see different because in your country, it's totally different
So let's say you want to pay with 7-11. So it's going to be showing us the advertisers
that we can make a purchase only paying on 7-11. So the last thing I totally recommend you guys
is to make sure that the advertisers you're going to make the payment have this verification
icon. So you can be more than sure that your transaction has been done and will be made
correctly. So you can see the price of Bitcoin, this one is 919, this one is 848. So I want to
select this one, and I'm going to buy the Bitcoin. So the last thing you want to do is to select how
much you want to pay for the token, what are you going to receive, and these are like the terms of
conditions of the advertiser, follow the instructions, and then you can receive your money within the
next 7-12 hours. Sometimes it takes a little bit less, but in this case, this says that this one
is going to be sending after 10 p.m. Mexico City time. So there you have it guys, you just place
the order, you pay the seller, and you get the crypto. So don't forget to like and subscribe to
the channel if you want to see more about Binance app. Thank you for watching the video guys, and
I'll be seeing you guys in the next one