🎁 Lifetime fee discount code for new sign-ups DISCOUNT6

How to deposit and start
trading on Binance

Once your account is verified, funding it and placing a first trade is straightforward. This guide covers the common deposit routes, how to choose the right transfer network, KYC limits, and a simple first-trade walkthrough.

Deposit routes → Go to the official Binance site ↗
FUNDING

Ways to fund your account

Three common routes, each with different costs and speed. Pick the one that fits your situation.

Method Cost Speed Best for
Crypto transfer Network fee only 1–30 min Cheapest; if you already hold crypto elsewhere
Debit / credit card About 1.8–3% Instant Fastest; buying with fiat directly
P2P trading ~0% + small price spread 5–30 min Local payment methods; often the cheapest fiat route
Rule of thumb · Already hold crypto? Transfer it. Need it instantly with fiat? Use a card. Want the cheapest fiat route? Use P2P.

Not signed up yet? Start with the discount code

Enter the code below when you register for a permanent trading-fee discount. It stacks up over every trade, so apply it from the start.

DISCOUNT6
NETWORK GUIDE

Choosing a network when transferring USDT

Even for the same coin, USDT exists on several transfer networks. If the sender's and receiver's networks differ, the funds can be lost — always confirm they match.

Network Transfer fee Speed Recommended for
BEP20 (BNB Smart Chain) About 0.3–0.8 USDT 1–3 min Small/frequent transfers, Binance↔Binance
TRC20 (TRON) About 1 USDT 1–3 min General transfers and external wallets
ERC20 (Ethereum) About 5–15 USDT 2–10 min Large amounts only
Polygon / Arbitrum / Optimism Under 0.5 USDT 1–2 min DeFi and L2 users
⚠ Absolute caution · If the sender uses ERC20 but you provide a TRC20 address, that USDT is lost permanently. Before sharing a deposit address, confirm which network the sender is using and issue an address on that same network.
Beginner tip · Standardize on BEP20 (cheap) or TRC20 (widely supported) and use the same network consistently to avoid mistakes.
KYC LIMITS

Deposit/withdrawal limits by KYC level

Your daily and monthly limits depend on your verification level. Completing higher verification early keeps larger transfers from getting restricted.

Level Documents Daily withdrawal limit P2P Recommended for
Unverified Email/phone only 0 (no withdrawals) ❌ Just signed up
Verified (basic) Government ID + selfie About 100,000 USDT ✅ Most users
Verified Plus (higher) Add proof of address About 200,000 USDT or more ✅ (higher limit) Large-amount / institutional users
Proof-of-address tip · A recent (within 3 months) utility bill or bank statement in your name is typically accepted. A statement PDF is usually the fastest to pass.
FIRST TRADE

Placing your first trade

The charts and menus can feel overwhelming at first. Start with a simple buy, get comfortable, then learn limit orders and charts.

Easiest way — 'Convert'

  1. Top menu 'Trade → Convert'
  2. From: USDT, To: the coin you want (BTC, ETH, etc.)
  3. Enter the amount → 'Get a quote' → 'Confirm'
  4. The coin is deposited to your Spot wallet within seconds
Pros and cons

✅ Very easy, no charts / ⚠ Hides a 0.3–1% spread (fine for small amounts)

Buy cheaply — 'Spot' market order

  1. 'Trade → Spot' → search BTC/USDT
  2. The 'Buy' tab on the right panel
  3. Choose Order type: Market
  4. Enter the USDT amount → 'Buy BTC'
  5. Filled instantly → BTC shows in Assets → Spot wallet
Pros and cons

✅ Lower fee (extra discount with the code), at market price / ⚠ The chart menu is complex at first

Safe-buying principles · ① Test with a small amount first, ② after buying, check the balance in your Spot wallet, ③ avoid leverage/futures until you're comfortable. Leverage carries a very high risk of losing your principal.

Signing up takes just a few minutes

Enter the discount code below for a permanent trading-fee discount. It only applies to new sign-ups, so add it during the first step.

DISCOUNT6