Binance Deposit Methods Comparison

Binance supports multiple deposit methods. The two most common for beginners are:

  • C2C (Peer-to-Peer Trading): Buy USDT from other users, paying with Alipay/WeChat/Bank Card. Low fees, the mainstream method.
  • Quick Buy: Buy directly with a bank card, simpler to operate, but slightly higher fees.
💡 Beginners are recommended to use the C2C method, with lower fees. Choose verified merchants for secure transactions.

Detailed Steps for C2C Deposit

Step 1 — Enter the C2C Trading Page

Log in to the Binance App or website, click "Buy Crypto" at the top → "C2C Trading", select "Buy", and choose the currency USDT.

Step 2 — Choose a Merchant

The page will display multiple merchants. Focus on the following indicators:

  • Completion Rate: It is recommended to choose merchants with a rate above 95%
  • Volume: The higher the number, the more reliable
  • Payment Method: Choose the method convenient for you (Alipay/WeChat/Bank Card)
  • Price: Should be close to the market price. Do not be tempted by unusually low prices
Step 3 — Place Order and Make Payment

Enter the purchase amount (in CNY), confirm the USDT quantity, and click "Buy". The system will display the merchant's receiving account. Complete the payment within the specified time (usually 15 minutes).

⚠️ Do not write words like "coin", "USDT", "cryptocurrency" in the payment memo, just transfer directly to avoid your bank card being flagged.
Step 4 — Confirm Payment and Wait for Coin Release

After completing the payment, click "I have paid" on the order page. The merchant will release the coins after confirming receipt, usually within 1-5 minutes. The USDT will appear in your Spot Wallet.

Step 5 — Confirm Receipt

Go to "Wallet" → "Spot" to check if the USDT balance has arrived. Once received, you can start trading.

Common Deposit Issues

What if the merchant doesn't release the coins after payment?

If the coins are not released after more than 15 minutes, you can click "Appeal" on the order page, and Binance customer service will intervene. Do not cancel the order directly, as you may lose your funds.

What if my bank card is frozen?

This is a common risk in C2C trading. It is recommended to use a dedicated bank card for C2C, not your primary daily card. If frozen, contact your bank to explain the situation; it can usually be unfrozen.

What is the minimum deposit amount?

C2C has no unified minimum limit; it depends on the merchant's settings, typically a minimum of 50-100 CNY.

✅ Next step after deposit: On the spot trading page, select the BTC/USDT or ETH/USDT trading pair, buy a small amount using a market order, and experience the complete trading process.