Assets, Bitcoin

How Do I Buy Bitcoin With Binance?

Assuming you already have a Binance account (if not, click here to create one), buying Bitcoin on Binance is pretty straightforward.

First, log into your Binance account and then go to the “Funds” tab.

Once there, click on the “Deposit” button for Bitcoin. This will generate a unique Bitcoin deposit address for you.

Next, log into the wallet where you store your Bitcoin. If you don’t have a Bitcoin wallet yet, we recommend using Blockchain.

NOTE: WARNING: Please be aware that buying Bitcoin with Binance comes with risks. You should be aware of the associated risks and do your own research before making any purchase. Crypto-currency transactions are irreversible, and you should ensure that you have sufficient funds available for the full transaction amount. Additionally, please be aware of any fees associated with the purchase, as these may vary from exchange to exchange. Finally, please remember to keep your private keys secure and if you store any Bitcoin on Binance, make sure to use two-factor authentication for added security.

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Once you’re logged into your wallet, send the amount of Bitcoin you want to deposit into your Binance account to the address generated in step 2. It may take a few minutes for the transaction to be confirmed by the Bitcoin network.

Once it’s been confirmed, go back to the “Funds” tab on Binance and click on the “Withdrawals” button for Bitcoin.

Enter the amount of Bitcoin you want to withdraw from your Binance account into the “Amount” field and then click on the “Submit” button.

Again, it may take a few minutes for the transaction to be confirmed by the Bitcoin network. Once it is, you will see the Bitcoins in your wallet!.

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