BingX currently offers 3 methods to purchase crypto with fiat currencies: P2P trading, Buy Crypto and Bank Deposit. Buying crypto with Bank Deposit enjoys easy and fast transactions while funds are protected by the banking system and regulators. This article will walk you through how to buy crypto via Bank Deposit on the BingX official website and App.
If you are a new user who is buying crypto for the first time, you can use the Bank Deposit feature after completing KYC verification (BingX Tutorial | How to Complete KYC or Identity Verification).
Web
Step 1: Log in to the BingX official website. Click "Buy Crypto" on the homepage and select "Bank Deposit".
Step 2: Read the instructions and check the box to indicate that you have understood the statement of responsibility. Next, click "Verify Now".
Step 3: Choose a crypto you would like to buy and a payment currency. Then, enter an amount and select a payment method. Click "Continue".
Step 4: There are two different processes depending on the payment method you choose in the previous step.
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If you choose "Bank Transfer", you can use the funds from your bank account to purchase cryptos with low fees. First, select your account type (Individual/Company) and follow the instructions on the page to fill in your email, bank account number, billing address, and other information, or submit relevant business information to create a company account. After successful verification, you'll be directed to the Legend Trading page to complete the purchase.
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If you choose "Credit/Debit card", please follow the instructions on the page to fill in your email, bank account number, billing address, and other information. After successful verification, you'll be directed to the Legend Trading page to complete the purchase.
Note: The "Bank 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.
App
Step 1: Log in to BingX App. Click "Buy Crypto" on the homepage and select "Bank Deposit".
Step 2: Read the instructions and check the box to indicate that you have understood the statement of responsibility. Next, click "Verify Now".
Step 3: Choose a crypto you would like to buy and a payment method. Select a fiat currency, enter an amount, and click "CONTINUE".Please follow the instructions on the page to fill in your email, bank account number, billing address, and other information. After that, you'll be directed to the Legend Trading page to complete the purchase.
Note: The "Bank 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.
See also
BingX Tutorial | How to Purchase Crypto via P2P on BingX
BingX Tutorial | How to Purchase Crypto via Buy Crypto on BingX