Binance Deposit Methods and Supported Banks

World's largest crypto exchange by volume. Wide range of coins.

KYC verification: 1-3 days

Available in: UK, AU, FR, DE, IT, ES

Binance in United States

US traders wanting low fees and wide coin selection via Binance.US

ACH takes 1-3 days and first-time deposits often trigger extra verification

Best way to fund Binance in United States

Primary ACH Transfer

ACH takes 1-3 business days. Wire transfers can arrive same day if sent before cutoff.

⚠ Bank link fails during ACH setup due to identity or account type mismatch

⚠ Name mismatch between bank account and Binance.US account can delay or block funding

Learn more about ACH Transfer

Backup Wire Transfer

Use if primary method is unavailable

Learn more about Wire Transfer

Supported Deposit Methods

ACH TransferWire TransferDebit Card

Fees and Costs

Trading Fees

0.1-0.6% maker/taker

Deposit Fees

Free for ACH, $10-30 for wire

Common Issues and Solutions

ACH bank link keeps failing

This usually happens when account details don't match exactly or your account type isn't supported. Try using a different primary checking account and ensure your name matches your Binance.US verification.

ACH deposit pending for days

ACH transfers take 1-3 business days. First deposits may take longer due to security verification. If it's been more than 5 business days, contact Binance.US support.

Wire transfer not credited

Wire deposits require exact beneficiary details and reference codes. Double-check all details match what Binance.US provided. Contact your bank to confirm the wire was sent successfully.

Debit card payment declined

Many US banks block card purchases to crypto exchanges. Use ACH bank transfer instead for more reliable deposits.

Binance in Canada

Binance is not available in Canada

Binance exited Canada in May 2023 due to new regulatory requirements. Existing users can only withdraw funds. For new crypto purchases, consider Canadian-regulated alternatives like Kraken, Bitbuy, or Shakepay.

Binance in Australia

Active traders wanting low fees and deep liquidity with instant Osko deposits

Osko deposits arrive instantly, but first-time transfers may trigger bank verification

Best way to fund Binance in Australia

Primary Osko/PayID

Osko deposits are usually instant. Card deposits are instant but can be declined by bank risk controls.

⚠ Osko deposits can fail if the payee details are wrong or if the bank flags the transfer

⚠ Card deposits can be blocked by bank fraud controls or 3DS failures

Learn more about Osko/PayID

Backup Bank Transfer

Use if primary method is unavailable

Learn more about Bank Transfer

Supported Deposit Methods

Osko/PayIDBank TransferDebit Card

Regulatory Status in Australia

AUSTRAC DCE Registered

Last verified: 2025-01-15 · View source

Fees and Costs

Trading Fees

0.1% maker/taker

Deposit Fees

Free for bank transfers

Withdrawal Fees

Network fees apply for crypto

Common Issues and Solutions

My Osko transfer is pending after 24 hours

Contact your bank to verify the payment was sent. If using a non-Osko rail, transfers can take 1-2 business days. Ensure the reference code matches exactly.

Binance says my deposit reference is incorrect

The reference code must be copied exactly from Binance. Do not add spaces or your name. Re-copy the code and try again. Without the correct reference, deposits require manual reconciliation.

My bank blocked the transfer

Some Australian banks flag crypto transfers on first attempt. Contact your bank to authorize the payment. Commonwealth Bank and Westpac are known to sometimes block initial transfers.

Card payment was declined

Australian banks often block debit card purchases to crypto exchanges. Use Osko bank transfer instead for reliable deposits.

Binance in United Kingdom

Experienced traders comfortable with Binance's interface who can use Faster Payments

Faster Payments works but some UK banks have blocked transfers to Binance in the past

Best way to fund Binance in United Kingdom

Primary Faster Payments

Faster Payments is often near-instant. Card deposits are instant but more likely to be declined by banks.

⚠ Some UK banks decline card payments to crypto exchanges even when the card is valid

⚠ FPS deposits can be delayed if the beneficiary is newly added or flagged as higher risk

Learn more about Faster Payments

Backup Debit Card

Use if primary method is unavailable

Learn more about Debit Card

Supported Deposit Methods

Faster PaymentsDebit CardBank Transfer

Regulatory Status in United Kingdom

Operating

Last verified: 2025-01-15 · View source

Fees and Costs

Trading Fees

0.1% maker/taker

Deposit Fees

Free for Faster Payments

Common Issues and Solutions

My Faster Payments transfer was rejected

Some UK banks block transfers to Binance. Try a different bank or use a crypto-friendly challenger bank like Monzo or Starling.

Transfer pending for hours

Faster Payments should arrive within minutes. If delayed, contact your bank to check the payment status. First-time transfers to a new payee may trigger extra security checks.

Card payment declined

UK banks frequently decline card purchases to crypto exchanges. Use Faster Payments bank transfer instead for more reliable deposits.

Deposit reference missing

Without the correct reference, Binance cannot automatically credit your account. Contact Binance support with your transaction details and bank statement.

Binance in Germany

German traders wanting deep liquidity with fast SEPA Instant deposits

SEPA Instant is fast but standard SEPA takes 1-2 business days

Best way to fund Binance in Germany

Primary SEPA Instant

SEPA Instant is usually within seconds when supported. Standard SEPA can take 1-2 business days.

⚠ Standard SEPA deposits can miss same-day cutoffs and arrive next business day

⚠ Deposits can fail if the IBAN name does not match the Binance account name

Learn more about SEPA Instant

Backup SEPA Transfer

Use if primary method is unavailable

Learn more about SEPA Transfer

Supported Deposit Methods

SEPA InstantSEPA TransferDebit Card

Regulatory Status in Germany

Operating

Last verified: 2025-01-15 · View source

Fees and Costs

Trading Fees

0.1% maker/taker

Deposit Fees

Free for SEPA transfers

Common Issues and Solutions

My SEPA transfer hasn't arrived

Standard SEPA takes 1-2 business days. SEPA Instant should arrive within minutes. Check with your bank which type was sent. If using standard SEPA, wait until the second business day.

Bank doesn't offer SEPA Instant

Not all German banks support SEPA Instant. N26, DKB, and Comdirect typically support it. Standard SEPA still works but takes longer.

Transfer returned to my account

Usually caused by name mismatch. Your bank account name must exactly match your Binance verified name. Check for any spelling differences or special characters.

Card was declined

Some German banks block crypto card purchases. Use SEPA bank transfer instead for reliable deposits.

Binance in France

French traders wanting AMF-regulated access to a global exchange

SEPA Instant is near-instant, but verify your bank supports it

Best way to fund Binance in France

Primary SEPA Instant

SEPA Instant is usually within seconds when supported. Standard SEPA can take 1-2 business days.

⚠ Some banks apply additional checks for first transfers to crypto exchanges

⚠ Reference mistakes can delay deposit crediting

Learn more about SEPA Instant

Backup SEPA Transfer

Use if primary method is unavailable

Learn more about SEPA Transfer

Supported Deposit Methods

SEPA InstantSEPA TransferDebit Card

Regulatory Status in France

AMF PSAN Registered

Last verified: 2025-01-15 · View source

Fees and Costs

Trading Fees

0.1% maker/taker

Deposit Fees

Free for SEPA transfers

Common Issues and Solutions

SEPA transfer taking longer than expected

Standard SEPA can take 1-2 business days. Ask your bank if they sent it as SEPA Instant. BNP Paribas and Societe Generale typically support SEPA Instant.

Deposit credited wrong amount

Check for any bank fees deducted. Contact Binance support with your transaction receipt showing the amount sent.

Bank questioning the transfer

French banks may ask about crypto transfers due to regulatory oversight. Confirm it's for personal investment purposes. Binance France is AMF registered which may help.

Reference code not accepted

Copy the reference code exactly from Binance. Some bank apps may alter special characters. Try using internet banking instead of mobile app.

Binance in Italy

Italian traders seeking OAM-registered exchange with deep liquidity

SEPA Instant is preferred, standard SEPA adds 1-2 day delay

Best way to fund Binance in Italy

Primary SEPA Instant

SEPA Instant is usually within seconds when supported. Standard SEPA can take 1-2 business days.

⚠ SEPA transfers can be delayed if the beneficiary is newly added in the bank app

⚠ Deposits can be held if the sender name does not match the Binance account name

Learn more about SEPA Instant

Backup SEPA Transfer

Use if primary method is unavailable

Learn more about SEPA Transfer

Supported Deposit Methods

SEPA InstantSEPA TransferDebit Card

Regulatory Status in Italy

OAM VASP Registered

Last verified: 2025-01-15 · View source

Fees and Costs

Trading Fees

0.1% maker/taker

Deposit Fees

Free for SEPA transfers

Common Issues and Solutions

My SEPA deposit hasn't arrived

Standard SEPA takes 1-2 business days. Confirm with your bank whether SEPA Instant was used. Intesa Sanpaolo and UniCredit typically support SEPA Instant.

Transfer was returned

Name on your bank account must match your Binance account exactly. Check for any differences including middle names or special characters.

Card purchase declined

Italian banks often block crypto card purchases. Use SEPA bank transfer instead for reliable deposits.

Bank blocking new beneficiary

Some Italian banks require you to approve new beneficiaries before sending. Check your bank app for any pending approvals.

Binance in Spain

Spanish traders wanting a Bank of Spain registered exchange

Use SEPA Instant for same-day deposits, standard SEPA adds delay

Best way to fund Binance in Spain

Primary SEPA Instant

SEPA Instant is usually within seconds when supported. Standard SEPA can take 1-2 business days.

⚠ Deposits can be delayed if SEPA cutoffs are missed

⚠ Reference errors can delay crediting

Learn more about SEPA Instant

Backup SEPA Transfer

Use if primary method is unavailable

Learn more about SEPA Transfer

Supported Deposit Methods

SEPA InstantSEPA TransferDebit Card

Regulatory Status in Spain

Bank of Spain VASP Registered

Last verified: 2025-01-15 · View source

Fees and Costs

Trading Fees

0.1% maker/taker

Deposit Fees

Free for SEPA transfers

Common Issues and Solutions

Bank transfer not arriving

Standard SEPA takes 1-2 business days. Ask your bank about SEPA Instant availability. CaixaBank and Santander typically support SEPA Instant.

Bank blocked the transfer

Some Spanish banks restrict crypto transfers. Contact your bank to authorize the payment or try a different bank.

Card payment failed

Card purchases to crypto exchanges are often blocked by Spanish banks. Use SEPA transfer instead for reliable deposits.

Reference code not working

Copy the reference exactly from Binance including any numbers or letters. Do not add your name or other information.

Supported Payment Methods

Banks Compatible with Binance

Frequently Asked Questions

What deposit methods does Binance support?

Binance supports faster-payments, osko, bank-transfer, sepa, sepa-instant for deposits.

How long does Binance KYC verification take?

Binance typically completes KYC verification in 1-3 days.

Which countries can use Binance?

Binance is available in UK, AU, FR, DE, IT, ES.