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.
NOTE: WARNING: Binance does not currently allow ACH deposits or withdrawals. Any attempts to transfer ACH funds into Binance will result in your funds being rejected and returned to the originating bank account. Additionally, Binance does not provide support for any deposit/withdrawal related issues with ACH.
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.
7 Related Question Answers Found
Binance is a digital asset exchange that facilitates trading of cryptocurrencies. The company is headquartered in Malta and was founded in 2017 by Changpeng Zhao. Binance offers a platform for trading more than 100 cryptocurrencies.
Binance, one of the world’s largest cryptocurrency exchanges, does not currently offer ACH transfers for buying and selling cryptocurrencies. However, the exchange is considering adding this feature in the future. In the meantime, users can still deposit and withdraw funds from Binance using other methods such as wire transfer or credit/debit card.
Binance, one of the world’s largest cryptocurrency exchanges, does not currently support ACH payments. However, that may change in the future as the exchange looks to expand its services and offerings. For now, though, those looking to buy cryptocurrencies on Binance will need to use a different method of payment.
Binance is a cryptocurrency exchange that launched in 2017. Since launch, Binance has grown to become one of the largest exchanges in the world. Binance is known for its low trading fees, wide range of coins available, and its fast and secure platform.
Binance, one of the world’s largest cryptocurrency exchanges, does not accept ACH transfers. The exchange only supports wire transfers and credit/debit card deposits. This may be due to the fact that Binance is based in Malta, which has its own set of banking regulations.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance does allow shorting, but only on a limited number of cryptocurrencies.
Binance, one of the world’s largest cryptocurrency exchanges, does not have conversion fees. This is good news for users looking to convert their fiat currency into cryptocurrency, as there are often fees associated with this type of transaction. However, it’s important to note that Binance does charge a withdrawal fee for each currency.
