Binance, Exchanges

How Do I Deposit USD Into Binance?

Assuming you already have your USD in an account with a US-based bank or exchange, you can wire it directly to your Binance account. Here’s how:

1. Log into your Binance account and click on “Funds” at the top of your screen.

2. Click “Deposit” next to USD/BUSD in the list of currencies.

3. On the next page, select “Wire Transfer” from the “Deposit Method” drop-down menu.

4. Enter or paste the relevant information into the “Bank Account Owner Name”, “Bank Account Number”, and “Bank Swift Code” fields.

5. Enter the amount of USD you want to deposit into the “Deposit Amount” field and click “Submit”.

6. You will then be given a reference number for your deposit.

Send your USD wire transfer to Binance using this reference number and wait for the funds to arrive in your account (this can take up to 5 business days).

NOTE: WARNING: Before depositing USD into Binance, it is important to understand the associated risks. Cryptocurrency exchanges are not FDIC insured and any deposits made may be subject to loss due to price volatility, hacking, or other security threats. Binance does not provide any form of insurance or guarantee for user funds. It is the responsibility of the user to take appropriate measures to protect their funds.

Once your USD has been deposited into your Binance account, you can use it to trade any of the supported cryptocurrencies on the platform. You can also withdraw it back to your US bank account at any time by following the same steps as above but selecting “Withdrawal” instead of “Deposit”.

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