The Credit / Debit Card Methodīelow, you’ll find a step-by-step guide on how to buy Bitcoin on Binance ( although, note that you can purchase any other cryptocurrency in the same manner, too). Let’s begin with the more-popular one, and check out how to buy on Binance by using a credit or debit card. Worry not - we’ll cover both of these methods. While its interface design and feature variety is often considered to be cumbersome to most newbie traders, that’s what this is where this “ How to Buy on Binance?” tutorial comes in! How to Buy on Binance: Two Alternative MethodsĪs noted earlier, whilst looking up how to buy in Binance, you’ll find out that there are two ways of going about it - purchasing crypto coins from the platform itself, or trading with another person. That’s very important! With many other crypto exchanges out there, you’ll struggle to find such features - the closest you might get are bank transfers, but even those are less-conveniant than paying with a card.Īdmittedly, Binance has a lot to offer to the average cryptocurrency trader. Purchasing the coins from the platform, you’ll encounter yet another major benefit of Binance - it can be done with a credit-debit card. You see, on Binance, you can purchase, say, Binance BTC from the platform itself, or trade it from some other users.
While it is true that Binance is one of the potentially-more-confusing cryptocurrency exchanges out there, this is only true because of the different features that it provides to its users. It’s actually one of the reasons why Binance is considered to be a great crypto exchange for some experienced traders who are thinking about broadening their asset portfolios! These crypto coins include both all of the major cryptocurrencies of the world ( Bitcoin, Ethereum, Litecoin, etc.), and a wide range of some of the more-niche coins, too. As of writing this guide, you’ll find over 150 different cryptos and altcoins available to be traded on the site. For starters, most people who are looking at how to buy coins on Binance are doing so because this platform supports a significant number of cryptocurrencies.
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