Binance, Exchanges

Does Binance Allow ACH?

Binance, one of the world’s largest cryptocurrency exchanges, does not currently offer ACH transfers as a deposit method. This may be due to the fact that ACH is a US-based banking system, and Binance is headquartered in Malta.

However, there are a few ways to work around this and deposit funds into your Binance account using ACH.

If you have a US bank account, you can use it to purchase cryptocurrency on another exchange that does support ACH deposits (such as Coinbase or Gemini) and then transfer those funds to Binance. This may take a few days for the deposit to go through, but once it does you will be able to trade on Binance as usual.

You can also use a service like Changelly or ShapeShift to convert your fiat currency into cryptocurrency, and then send that cryptocurrency to your Binance account. This process is a bit more complicated and may take a bit longer than using a traditional exchange, but it is an option if you are unable to deposit directly into Binance.

In conclusion, while Binance does not currently offer ACH deposits, there are still ways to get around this and fund your account. By using another exchange or a service like Changelly or ShapeShift, you can convert your fiat currency into cryptocurrency and then send it to Binance.

While this process may take a bit longer than using a traditional exchange, it is still an option for those looking to trade on Binance.

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