Binance deposit and withdrawal methods offer traders a seamless funding and payout experience supporting over 400 coins and tokens and fiat payments from 20 currencies.
This crypto exchange also provides Visa, MasterCard, Google Pay, and Apple Pay transactions.
What Are Available Funding and Payout Methods in Binance?
Binance exchange, the world’s leading cryptocurrency trading platform with over 250 million users, provides various top-up and payout options to cater to traders worldwide. Binance deposit and withdrawal methods:
- Crypto transfers
- Fiat payment
- Bank cards
- E-wallets
Crypto Payments
Cryptocurrency transfers are by far the most used option in this exchange. Traders can choose any crypto from the long list of supported methods and send it to their accounts. Here are some of the popular crypto assets used for transactions:
Crypto Asset | Supported Chains | Minimum Funding Amount | Minimum Payout Amount |
Tether (USDT) | BEP20 TRC20 NEAR Protocol AVAX C-Chain Aptos Arbitrum One CELO ERC20 KAVAEVM Optimism Polygon POS Scroll Solana Tezos etc. | Varies by Blockchain (0.01 on the Tron Network) | Varies by Blockchain (10 USDT on the Tron Network |
Circle USD (USDC) | BEP20 AVAX C-Chain Algorand Aptos Arbitrum One Base CELO ERC20 Hedera Optimism Polygon POS Solana Sonic Network Stellar Network Sui zkSync Era etc. | Varies by Blockchain (0.001 on ERC20 network) | Varies by Blockchain (15 USDC on Ethereum network) |
World Coin (WLD) | ERC20 Optimism World Chain | Varies by Blockchain (From > 0.00000001) | Varies by Blockchain (From 0.054WLD) |
Bitcoin (BTC) | BNB Smart Chain (BEP20) Bitcoin BTC(SegWit) Ethereum (ERC20) Lightning Network | Varies by Blockchain (> 0.00001 on Bitcoin) | Varies by Blockchain (> 0.0002 on Bitcoin) |
Binance Coin (BNB) | BNB Smart Chain (BEP20) Ethereum (ERC20) opBNB | From > 0.000002 BNB | Varies by Blockchain (From > 0.005 BNB) |
Ethereum (ETH) | BNB Smart Chain (BEP20) Ethereum (ERC20) Arbitrum One Base Manta Network Optimism Scroll Starknet zkSync Era | Varies by Blockchain (From > 0.00000001 on Scroll) | Varies by Blockchain (From 0.000011 ETH) |
Other notable options include:
- Solana (SOL)
- Cosmos (ATOM)
- Polkadot (DOT)
- Cardano (ADA)
- Optimism (OP)
- Arbitrum (ARB)
- Litcoin (LTC)
- Bitcoin Cash (BCH)
If you are interested in funding your account using Binance ERC20 deposit method, we suggest checking TradingFinder’s step-by-step guides.
Fiat Payment
As an international crypto exchange, Binance provides SEPAbank transfers in the Euro area and it supports multiple other currencies from 20 countries, including:
- United Arab Emirates (AED)
- Azerbijan (AZN)
- Switzerland (CHF)
- Czech (CZK)
- Denmark (DKK)
- Ghana (GHS)
- Hungary (HUF)
- Indonesia (IDR)
- New Zealand (NZD)
- Poland (PLN)
- Pakistan (PKR)
- Philippines (PHP)
- Romania (RON)
- Saudi Arabia (SAR)
- Sweden (SEK)
- Turkey (TRY)
- Uzbekistan UZS)
- Ukraine (UAH)
- Vietnam (VND)
Credit and Debit Card Payments
Binance supports Visa, MasterCard and Revoult transactions for both funding and withdrawals. This allows for fast and secure access to trading funds.
However, traders must consider the 2% transaction fee and 5-minute processing time before sending funds to the Binance exchange.
To cash out funds using the Binance Visa withdrawal method, traders can follow the steps provided in TradingFinder tutorials.
Electronic Wallets
E-payments are another available option that traders can use in Binance. This exchange supports Google Pay, Apple Pay, and PayPal transfers. A 2% fee applies to all the available options.
What are Binance Payment and Payout Fees?
Binance has a competitive fee structure for payments and payout which you can see in the table below:
Transaction Method | Deposit Fee | Withdrawal Fee |
USDT | TRC20 = $0 ERC20 = $0 BEP20= $0 | TRC20 = $1 ERC20 = $1.2 BEP20= $0 |
BTC | Bitcoin = 0 BTC Lightning Network= 0 BTC | Bitcoin = 0.00003 BTC Lightning Network= 0.000001 BTC |
ETH | ERC20 = 0 ETH Arbitrum One = 0 ETH Optimism = 0 ETH | ERC20 = 0.0003 ETH Arbitrum One = 0.00004 ETH Optimism = 0.000005 ETH |
SEPA Euro Transfer | 0.3 EUR | From 0.5 EUR |
Visa/MasterCard | 2% | 2% |
E-wallets | 2% | 2% |
TF Expert Suggestion
Based on our review of the Binance deposit and withdrawal methods, cryptocurrencies are the easiest payment solutions due to their fast processing, low fees, and high security.
In this category, Tether (USDT) is the best option since it is available on 19 networks (including TRC20, ERC20, BEP20, etc.) and has cheap transaction fees (as low as $0 if use BSC).
If want to transfer funds into your trading account using the Binance TRC20 deposit option, you can visit the step-by-step guides on the Binance tutorial section.
