How to Buy Crypto with Binance: A Complete Guide

Aug 9

To buy crypto on Binance, first, create an account and complete identity verification. Next, deposit funds via bank transfer, credit card, or crypto. Then, navigate to the "Markets" section, select the cryptocurrency you wish to purchase, and choose the trading pair. Finally, enter the amount to buy, review your order, and confirm the purchase. Your crypto will appear in your Binance wallet shortly after.

What is Binance and How Does It Work?

Binance is one of the largest and most trusted cryptocurrency platforms in the world, known for its vast selection of digital assets and user-friendly interface. Operating since 2017 and accessible in over 100 countries, Binance enables users to buy, sell, and trade cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and hundreds more.

Why choose Binance in Europe?
For Europeans, Binance is especially popular thanks to its support for local payment methods (like SEPA bank transfers and euro deposits) and compliance with regional regulations. Binance has been adapting to European legislation, making its platform safer and more transparent for EU customers.

As Forbes notes:

“Binance’s broad offering and robust trading tools make it a go-to platform for both beginners and advanced investors.”
— Forbes, 2025 update

Binance works by letting you create an account, deposit euros (EUR), and swap them for crypto with just a few clicks. You can store your crypto on their secure wallet or transfer it to an external wallet of your choice.

Step 1: Setting Up Your Binance Account

Registering from Europe:

Go to the Binance website: Using a secure browser, visit binance.com.
Sign up: Click ‘Register’ and provide your email address or mobile number. Create a strong password.
Select country: Ensure you select your correct European country for compliance.

Identity verification (Binance KYC process):
To unlock full features and comply with EU law, you must complete Know Your Customer (KYC) verification:

Upload a valid government-issued ID (passport, EU national ID, or driver’s license).
Follow on-screen prompts to verify your identity (sometimes includes facial recognition).
You’ll get an email once verification is complete—usually within a few minutes to several hours.

Trust tip:
KYC is a standard process to help keep users safe and comply with EU’s AML (Anti-Money Laundering) directives. According to the official Binance Help Center, your data is stored securely.

Step 2: Funding Your Binance Account

Once verified, you’re ready to add funds to your account:

Supported payment methods in Europe (2025 update):

SEPA bank transfer: A popular and low-fee way to deposit EUR directly from your European bank account.
Credit/debit cards: Instant EUR deposits using Visa or Mastercard (higher fees than SEPA).
Third-party payments: Sometimes, options like Skrill or AdvCash are available.

How to deposit euros (EUR):

Log in to your Binance account.
On the top menu, click 'Buy Crypto > Bank Deposit'.
Choose Deposit EUR.
Select your preferred payment method (e.g., SEPA transfer).
Enter the amount and follow on-screen instructions.
- For SEPA transfers, Binance will provide the IBAN and reference code you must use.
- Transfers can take 1–2 business days for SEPA.
Once your deposit arrives, you’ll get a notification and see funds in your Fiat and Spot Wallet.

Tip: Always double-check bank details and the reference code to avoid delays.

For official payment instructions and supported countries, check the Binance EUR deposit guide.

Step 3: How to Buy Crypto on Binance

With EUR in your account, you’re ready to buy crypto. Binance makes this easy:

Navigating the Buy Crypto interface:

Click ‘Buy Crypto’ (top menu or homepage).
Choose your payment method (EUR balance, card, or bank transfer if not pre-funded).
Enter the amount of EUR you want to spend.

Choosing cryptocurrencies to buy:

Popular options are Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and hundreds more.
Use the search bar to find your preferred asset.
You can compare available assets and check current market trends on the Binance Market Overview.

Limit orders vs. market orders:

Market order: Instantly buys your selected crypto at the current best price. Fast and simple for beginners.
Limit order: Sets the price you’re willing to pay. Buy executes only if the market reaches that price. Best for more advanced users.

To buy:

Choose your crypto (e.g., Bitcoin).
Select payment method (EUR balance, card, etc.).
Enter the purchase amount.
Review transaction details, including Binance crypto purchase fees—fees are typically between 0.1%–1% depending on method. Fee details here.
Confirm your purchase and complete payment.

Your newly purchased crypto will appear in your Binance account wallet, usually within seconds or minutes.

Step 4: Securing Your Crypto and Account Safety Tips

Protecting your crypto is crucial. Here’s how to keep your funds safe:

Enable 2FA (Two-Factor Authentication):

Go to ‘Security Settings’ in your account.
Set up Google Authenticator or SMS verification.
2FA helps stop unauthorized logins, a key step per record numbers of security breaches (Chainalysis 2025 Report).

Storing your crypto:

Binance Wallet: Your crypto is held securely in your Binance account (known as a custodial wallet).
External wallet (recommended for large amounts): Move assets to a private wallet you control (hardware wallets like Ledger or Trezor offer the highest security).
Always back up your recovery phrases, and never share passwords.

Safety tip: Regularly review your account activity and withdrawal history for any unusual actions.

For more safety tips, refer to Binance’s security guide.

Common Questions About Buying Crypto on Binance in Europe

Can I buy crypto on Binance with euros in Europe?
Yes! Binance supports direct EUR deposits and purchases via SEPA, cards, and more for most European countries (exceptions may apply—see local laws).

What payment methods does Binance accept in Europe?
As of 2025, supported methods include SEPA transfers, Visa/Mastercard, and various third-party payment options. Some services may have country-specific restrictions—see the official list here.

Are there fees when buying crypto on Binance?
Yes, all purchases are subject to small fees depending on method:

SEPA bank transfer: Usually low (around 1 EUR flat fee or less).
Card payments: Typically 1.8%–2% of the transaction. Check the up-to-date fee schedule on the Binance fees page.

Is Binance safe and legal to use in Europe?
Binance has taken steps to comply with EU crypto regulations, including MiCA (Markets in Crypto-Assets Regulation). Using the platform is legal in most European countries, but always check for country-specific updates.

How long does it take for my crypto purchase to appear in my Binance account?

SEPA bank deposit: 1–2 business days for deposit, crypto appears instantly after purchase.
Card payments: Crypto is credited immediately after successful payment.

Final Tips & Resources

Always use strong passwords and secure devices for login.
Keep your Binance and email accounts protected with 2FA.
Never share your private account information.
For in-depth tutorials, screenshots, and updates, refer to the Binance Buying Crypto Guide and check CoinDesk’s step-by-step overview for more practical tips.

Ready to get started?
Buying crypto on Binance Europe is straightforward once you’re verified and funded—just follow this 2025-updated how-to and enjoy exploring the world of digital assets with confidence!

Legal disclaimer: Cryptocurrency investment is subject to market risk. In the EU, crypto assets are largely unregulated, and your capital is at risk. Please consult local regulations and consider seeking independent financial advice before investing.

Rico Broeders