BingX currently offers three solutions for fiat-to-crypto trading: P2P Trading, Quick Buy and Fiat Deposit. This article will show you the process of buying cryptos on the BingX official website.
Buying Crypto via P2P Trading
If you're a new user who is buying crypto for the first time, you can quickly purchase cryptocurrencies through the "Buy" section of P2P Trading after completing KYC verification (BingX Tutorial | How to Complete KYC or Identity Verification).
Step 1: Log in to the BingX official website, hover over "Buy Crypto" on the homepage and click "P2P Trading".
Step 2: Select a currency you would like to pay, enter an amount and click "Search". Select a seller from the search results below and click "Buy USDT".
Step 3: Choose a payment method and enter the amount you would like to pay. The platform will auto-generate the amount of crypto you will receive based on the current exchange rate. After that, click "Buy". You can then contact the seller for payment information and complete the payment on the third-party platform.
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. You can check it by clicking "Assets" on the BingX homepage.
Quick Buy
Step 1: Log in to the BingX official website. Hover over "Buy Crypto" on the homepage and click "Quick Buy".
Step 2: Select a payment currency and the receiving crypto, and then enter the amount that you would like to pay or crypto amount that you would like to purchase. The platform will auto-generate the amount of crypto you will receive based on the current exchange rate. After that, click "Buy".
Step 3: Choose a payment method.
- If you choose P2P Merchants, please follow the "P2P Trading" instructions aforementioned.
- If you choose other payment methods, please click "Buy", read the Disclaimer and check "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.
Make the payment and you'll receive the crypto. You can check it by clicking "Assets" on the BingX homepage.
Fiat Deposit
Step 1: Log in to the BingX official website. Hover over "Buy Crypto" on the homepage and click "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 a fiat currency you would like to deposit, enter an amount and select a payment method. Read the Disclaimer and check the box to acknowledge it. Click "Continue" to proceed.
Step 3: This service is provided by Legend Trading, a third-party service provider. Click "Get Verified" to follow the prompts to complete the identity verification and corresponding actions on Legend Trading. After that, you'll be able to purchase cryptocurrencies on the Legend Trading page.
Note: The "Fiat Deposit" service is provided by Legend Trading, a third-party service provider. Please be aware of and avoid any possible losses or other risks when using this payment service.
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