How to Buy Bitcoin on Binance Exchange: Step-by-Step Crypto Investment Guide

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Introduction

This comprehensive guide explains how to purchase Bitcoin and other cryptocurrencies like USDT on Binance, the world's largest digital currency exchange. We'll cover three deposit methods: credit card purchases, C2C trading, and wallet transfers.

Table of Contents

  1. Binance Exchange Overview
  2. Credit Card Deposits
  3. C2C Trading with Local Currency
  4. Wallet Transfers
  5. FAQs

Binance Exchange Overview {#binance-overview}

Preparation Before Buying Crypto

Before depositing funds and trading, you must complete:

👉 Complete Binance registration guide

Three Deposit Methods

Binance offers multiple ways to buy crypto with Taiwanese Dollars (TWD):

MethodCredit CardC2C TradingWallet Transfer
Fees~2.5%0%$12–30
Best ForBeginnersLarge sumsExisting holders
Processing TimeInstant10–30 mins5–30 mins

Binance (founded 2017) is the world's largest crypto exchange by trading volume ($10B daily), supporting 280+ cryptocurrencies with competitive fees and high liquidity.

Credit Card Deposits {#credit-card-deposits}

The simplest method for beginners (2.5% fee):

  1. Log in to Binance and select "Buy Crypto"
  2. Choose "Credit Card" and TWD as payment currency
  3. Select cryptocurrency (BTC, USDT, ETH, etc.)
  4. Enter amount and complete purchase

Pro Tip: Buy stablecoin USDT first, then exchange for BTC to minimize volatility risk.

Limitations:

C2C Trading {#c2c-trading}

Peer-to-peer trading benefits:

C2C Process:

  1. Complete identity verification
  2. Select "C2C Trading" and find reputable sellers (100+ transactions)
  3. Choose payment method and place order
  4. Transfer payment and receive crypto in 10–30 minutes

Always verify seller reputation before transacting!

Wallet Transfers {#wallet-transfers}

Transfer existing crypto to Binance:

  1. In Binance: Go to Wallet → Spot Wallet → Deposit
  2. Select cryptocurrency (e.g., USDT) and copy deposit address
  3. From sending platform (like MAX), paste address and confirm transfer
  4. Arrives in 5–30 minutes (varies by network congestion)

Important:

FAQs {#faqs}

Is Binance safe to use?

Yes, Binance is the world's largest and most secure cryptocurrency exchange with robust security measures.

What's the minimum investment amount?

Minimums vary by method:

How long do deposits take?

👉 Binance security features explained

Risk Disclosure: Cryptocurrency investments carry substantial risk. This guide is for educational purposes only, not financial advice.


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