Can i deposit usd in binance

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Binance Earn. Crypto Derivatives. Other Topics. Binance Convert. Binance Link. Binance introduced the stablecoin Auto-Conversion solution To provide greater trading liquidity and a better user experience, since 29 September , Binance has stopped supporting the trading of some stablecoins and introduced the Auto-Conversion feature. To learn more, please refer to this announcement. When you deposit these stablecoins for the first time, you need to click "Confirm" on the pop-up window.

Once you deposit the coins, your asset will be automatically converted to BUSD. Your assets will be deposited to your account balance. However, please note that Binance does not support the trading of those stablecoins.

Step 4: Select the network. Please select the correct network, or your assets might be lost and cannot be recovered. Step 5: Deposit the stablecoins from your external wallet.

Once your deposit is successfully completed, you will see the corresponding balance in BUSD in your wallet. You can click [View More] to check the conversion details.

Click [Confirm] to proceed. Step 4: Select the network and enter your destination address. Choose [Buy] and select USD as the fiat currency that you will spend. Input the amount of USD that you want to spend, click [Next] go to the next step.

Here you will see different payment methods available for USD. If you want to buy crypto by adding a bank card or using the balance in your Binance cash wallet, the identity verification is needed. For the other channels, you just need to pass their required verification Paxos and TrustToken require Binance Identity verification. Choose the payment method and before going to the next step, you may click [Learn more] to see more details about each channel.

Click [Ok, got it] and go back to the previous page and click [Buy]. Double-check the order details. The total charge is the payment amount including the charge for the cryptocurrency and the handling fee.

Read the disclaimer and click to agree with the disclaimer. Then click [Go to payment].