BingX offers three solutions for fiat-to-crypto trading: P2P Trading, Quick Buy, and Bank Deposit. This article will show you the process of buying cryptos on the BingX App.
 

P2P Trading

Step 1: Log in to BingX App. Click "Buy Crypto" on the homepage and select "P2P Trading". If you are a new user who is buying crypto for the first time, you can use P2P Trading on our platform after completing KYC verification (BingX Tutorial | How to Complete KYC or Identity Verification).

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Step 2: Select a seller according to your preference and click "Buy". You can click the buttons as shown in the pictures to switch between "By value" and "By amount". Enter a value or an amount and click "Buy".

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Step 3: Select a preferred payment method and click “Buy” to place an order. Click "Pay" and you will be able to contact the seller for payment information and complete the payment on the third-party platform.

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Step 4: Once the payment is completed, click "Transferred, notify seller" on the order page. The seller will release the cryptos to you after confirming the receipt of your payment. Click "Assets" on the homepage to check your assets.

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Quick Buy

Step 1: Log in to BingX App. Click "Buy Crypto" on the homepage and select "Quick Buy".

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Step 2: Select a payment currency and the receiving crypto. After entering the amount or value, click "Buy Now".

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Step 3: Select your preferred payment method on the "Confirm Purchase" page.

  • If you choose P2P trading, please follow the "P2P Trading" instructions aforementioned.

  • If you choose other payment methods, please click "Pay", read the Disclaimer and tick "I have read and agree to the Disclaimer". After that, click "Confirm" and you'll be directed to the payment page of the third-party service provider. Enter your card details or KYC verification information on the service provider's platform to complete the payment.

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Make the payment to receive the cryptos and complete the purchase. You can click "Assets" on the homepage of BingX App to view your cryptos.

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Bank Deposit

Step 1: Log in to the BingX official website. Click "Buy Crypto" on the homepage and select "Fiat Deposit". Before buying cryptos via "Fiat Deposit", users are required to complete KYC verification first (BingX Tutorial | How to Complete KYC or Identity Verification).

Step 2: Select the fiat currency you would like to deposit, enter an amount, and choose a payment method. Then, click "Continue".

Step 3: Review the payment details carefully. Be sure to include the Reference ID when making the transfer.

Notes:

1. Ensure the name used for payment matches the information provided during identity verification. Any mismatch in account information may result in a failed deposit. If all required information has been provided, the refund process typically takes 7-14 working days.

2. Be sure to enter the Reference Code shown on BingX.

Step 4: After completing the transfer, click “Transferred” and wait for your funds to arrive. Processing times may vary depending on your bank.

 

Start buying crypto on BingX >>

 

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Risk Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
For more information, please refer to our Terms of Use and Risk Warning.