Add a payment method to Binance

To buy P2P coins (bitcoin or any other cryptocurrency) on binance, you must first add your bank account information to the Binance platform. Note, you must enable “SMS authentication” first. If you haven’t, you can refer to the article: How to enable SMS authentication on Binance?

After successfully enable on SMS authentication, you can add to your payment method by following the steps below:

Step 1: Access the “Payment” feature on Binance


Click “Dashboard” at the top right corner of the Binance window

2. Click “Payment” in the left corner of the screen

Step 2: Select “Add Payment Method”

In the “Payment” section, select the “P2P Account” tab, click “Add Payment Method” in the right corner of the screen

Step 3: Choose the correct payment method

If you pay by bank account, select “Bank transfer”. If you’re using another payment method, select “Other”

Step 4: Enter your account information in the blank box

Note: The bank account holder information must match the name you used to register your Binance account

Scroll down, click “Confirm” in the left corner of the screen.

Step 5: Select the Security Verification Feature

Here you can choose “Verify Phone” or “Verify Google”. Article Enter the verification code and click “Submit”

After completing the verification, in the “Payment” section, the “Bank Transfer” information entered in step 4 as shown below is successful.

After adding the payment method, you can make purchases of P2P coins on Binance immediately. Keep following the next tutorials to make your first coin purchases on Binance.

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