Binance Quick Buy: How to Complete Your First Deposit?
Quick Buy is the most straightforward way for Binance beginners to complete their first deposit—no need to browse merchant lists; the system automatically matches orders, and you can buy directly with Alipay or WeChat. The entire process, from entering the page to funds arriving, is as simple as following the prompts step by step.
Prerequisites: Complete Account Registration and Identity Verification
Quick Buy requires the account to have completed identity verification. If you haven't done it yet, go to [Account Center] - [Identity Verification] to upload your ID photo and complete face recognition. Only after passing verification can you use fiat to buy crypto.
Completion check: The Identity Verification page shows "Verified".
Step 1: Enter the Quick Buy Entry
Open the Binance App and tap the "Deposit/Buy" button at the top right of the home page.
After entering the buy crypto page, you will see two options:
Quick Zone: The system automatically matches orders, beginner-friendly.
P2P Trading: Manually select merchants and compare prices; suitable for users with some trading experience.
For your first deposit, choose [Quick Zone].
Completion check: The page displays the Quick Buy interface with the "Payment Amount" input field.
Step 2: Fill in Purchase Information
Select the cryptocurrency you want to buy—beginners are recommended to choose USDT (a stablecoin with low price fluctuation).
Enter the amount in CNY you want to spend (a minimum of just a few dozen yuan is enough to try).
The page will display the current exchange rate and the amount of USDT you will receive.
Completion check: Amount and currency are confirmed, ready to proceed to payment.
Step 3: Select Payment Method and Confirm Order
Choose a payment method—Binance Quick Buy supports Alipay, WeChat Pay, and bank cards.
Tap [Confirm Purchase]; the system will generate an order and display the seller's payment information.
Completion check: Order generated, and you can see the seller's account and the exact amount to pay.
Step 4: Complete Payment
This is the most critical step:
According to the payment information shown, open the corresponding payment app (Alipay/WeChat) and complete the transfer.
The amount must be exactly the same as the order amount.
Important: Do not include any note in the transfer. Do not write "Bitcoin", "USDT", "Buy Crypto", "Binance" or any other sensitive words, as this may trigger risk control measures by the bank or payment platform.
After the payment is completed, you must return to the Binance App and tap the [I have paid] button. Missing this step will cause the order to time out and be cancelled, and the seller will not release the crypto.
Completion check: You have tapped "I have paid" in the Binance App and the order is in the "Awaiting release" state.
Step 5: Wait for Funds to Arrive
After the seller confirms receipt of payment, they will click "Release".
USDT will be immediately deposited into your Funding Wallet.
Go to [Wallet] - [Spot Account] to check the balance and confirm that the funds have arrived.
Arrival time: Usually within a few minutes to one hour after the seller confirms. If the seller has not released the coins after a long time, you can remind them through the order chat function, or tap [Appeal] to have platform customer service intervene.
Completion check: You can see an increase in your USDT balance in [Wallet] - [Spot Account].
Quick Buy vs C2C Trading
| Comparison Item | Quick Buy | C2C Trading |
|---|---|---|
| Operation | System auto-matches orders | Manually select merchants and compare prices |
| Suitable for | Beginners making their first deposit | Experienced users who want price selection |
| Success rate | Higher due to system matching | May be rejected by merchants |
| Fees | All C2C transactions are free | All C2C transactions are free |
Beginners should use Quick Buy for their first transaction, and later explore C2C trading if desired.
Common Reasons for Failure
KYC verification not completed: The fiat trading channel requires real-name authentication.
Forgot to click "I have paid" after payment: The order times out and is cancelled; the money is paid but the crypto is not received—contact customer service immediately.
Sensitive words in the transfer note: The bank may block the payment, causing the transaction to fail.
Payment account name does not match the platform's real-name verification: The seller will check this; a mismatch will lead to order rejection.
Risk Reminder
All transaction steps are completed within the Binance App. Any request to transfer funds privately is a scam.
Use a payment account in your own real name. Non-real-name payments may lead to restricted trading permissions.
For your first deposit, try a small test amount (a few dozen to a few hundred yuan), and only proceed with larger amounts once you are familiar with the process.
After funds arrive, USDT will be stored in the "Funding Wallet". If you want to use USDT to buy Bitcoin or other coins, go to [Trade] - [Spot] and place an order directly. You can use referral code FYLK9104 when registering on Binance.
