BingX currently offers 3 methods to purchase crypto with fiat currencies: P2P trading, Buy Crypto and Bank Deposit. P2P trading is available for global users, supports fund escrow during transactions, and is highly flexible. This article will walk you through how to buy crypto via P2P on the BingX official website and App.
If you are a new user who is buying crypto for the first time, you can do so under the "Buy" section of P2P Trading after completing KYC verification (BingX Tutorial | How to Complete KYC or Identity Verification).
Step 1: Log in to BingX's official website. Click "Buy Crypto" on the homepage and select "P2P Trading".
Step 2: Select a currency you would like to pay, enter a value and click "Search". Select a seller from the search results below and click "Buy USDT".
Step 3: Choose a payment method and enter the value 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. After the seller confirms the receipt of your payment and releases the crypto, the purchase is thus completed. Make the payment and you'll receive the crypto. You can check it by clicking "My Assets" on the BingX homepage.
Step 1: Log in to BingX App. Click "Buy Crypto" on the homepage and select "P2P Trading".
Step 2: Choose a fiat currency and the value that you would like to pay, set up the payment method, and click the filter icon to select "No verification needed" if needed to search for merchants that match your needs. Then click "Buy".
Step 3: You can click the tabs as shown in the picture to switch between "By value" and "By amount". Enter a value or an amount and click "Buy".
Step 4: Select a preferred payment method and click “Buy” to place an order. Click "Pay" to contact the seller for payment information and complete the payment on the third-party platform.
Step 5: Once the payment is completed, click "Transferred, notify seller". The seller will release the cryptos to you after confirming the receipt of your payment. Click "Assets" on the homepage to check your assets.
BingX Tutorial | How to Purchase Crypto via Buy Crypto on BingX
BingX Tutorial | How to Purchase Crypto via Bank Deposit on BingX
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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.
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