Binance trading

over 100 different ways to buy and sell

How to quickly and cheaply buy and sell cryptocurrencies on Binance for fiat funds

Since 2019, Binance has taken active steps towards the implementation of fiat gateways and is actively continuing to work in this direction. Binance currently supports over 50 different fiat currencies.

In this article, we will analyze and compare all possible (as of September 2020) ways to buy and sell cryptocurrencies on Binance for Russian rubles (RUB) and Ukrainian hryvnia (UAH).

Why is it profitable to buy and sell cryptocurrency on Binance?

Among the obvious advantages are the following:

  • Security: the deal will be executed automatically. The exchange acts as a guarantor that the cryptocurrency you have purchased is not stolen or belongs to the number of high-risk assets (according to the criteria developed by services such as Chainalysis, Crystal, etc.). 

  • Speed: fast deposit of funds to your account or bank card. You are guaranteed to receive cryptocurrency to your balance or fiat funds to your card within a few minutes.

  • Convenience: The cryptocurrency you buy is directly credited to your Binance account, which in turn saves you the hassle of choosing the right blockchain network, entering a memo / tag, or constantly checking the correct address for transferring funds.

  • Variety of cryptocurrencies: on Binance, you can find many popular cryptocurrencies available for purchase (to date, support for the purchase of more than 20 different cryptocurrencies has been implemented, including Bitcon, BNB, BUSD, Ethereum, USDT, Ripple, and others).

  • The variability of fiat gateways: Binance has a wide variety of fiat gateways to choose from, making it easy for you to choose the method that suits you best (depending on the amount, limits, fees, etc.).

  • Support : in case of difficulties, you can always contact the online customer support chat on the site Binance.com (which, by the way, is available in Russian). 

  • What payment systems and fiat gateways are available on Binance?

  • As noted earlier, there are currently many different fiat gateways available on the exchange, using which you can carry out operations for depositing and withdrawing fiat funds using a bank card. The main ways to deposit, withdraw and buy digital assets with fiat funds on Binance:

    • Direct purchase cryptocurrencies using Visa and Mastercard,

    • Translation of rubles from a bank card to Binance and vice versa,

    • Use of various Payment Systems (Yandex.Money, Mercuryo, AdvCash, Payeer, Simplex and others),

    • Binance P2P (over 100 different ways to buy and sell).

    • As you can see, today Binance has many available ways to deposit / withdraw fiat funds, which you can easily use when working with Russian rubles and Ukrainian hryvnia. 

      In order to provide better services to its users, the Binance team is actively working on integrating new fiat gateways.

      We also remind you that Binance has also added the following trading pairs to ruble: USDT / RUB, BUSD / RUB, BTC / RUB, ETH / RUB, XRP / RUB и BNB / RUB и и hryvnia: USDT / UAH, BTC / UAH.