Bitcoin remains the most popular cryptocurrency in 2025, and Binance continues to be the world’s leading exchange for buying, selling, and trading digital assets.
Whether you are a beginner or an experienced trader, knowing how to safely and quickly buy Bitcoin on Binance can save you time, money, and unnecessary stress.
This guide explains the process step by step, covering account setup, payment options, fees, and security measures.
Step 1: Create a Binance Account
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Visit Binance.com or download the Binance app.
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Register using your email or mobile number.
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Complete Know Your Customer (KYC) verification by uploading identification documents and a selfie.
Verified accounts enjoy higher limits and access to the full range of Binance features.
Step 2: Deposit Funds
Binance offers several payment methods, including:
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Bank Transfer – Fast and secure, recommended for larger deposits.
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Credit or Debit Card – Quick but may involve slightly higher fees.
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Peer-to-Peer (P2P) Trading – Popular in Africa, this allows you to buy directly from other users using local payment methods such as M-Pesa.
Step 3: Buy Bitcoin
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Navigate to the “Buy Crypto” section on the Binance dashboard.
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Select Bitcoin (BTC).
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Enter the amount you wish to purchase.
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Choose your payment method and confirm the transaction.
The Bitcoin you purchase will appear in your Binance wallet within minutes.
Step 4: Secure Your Bitcoin
While Binance is secure, long-term investors should consider transferring their Bitcoin to a private wallet.
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Hot Wallets: Mobile-based wallets like Trust Wallet.
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Cold Wallets: Hardware wallets such as Ledger or Trezor for maximum security.
Step 5: Optional – Trade or Convert
After buying Bitcoin, you can:
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Use Binance Convert to swap Bitcoin for other cryptocurrencies instantly.
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Explore Spot trading or Futures trading if you are more advanced.
Binance Fees in 2025
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Spot trading fee: approximately 0.1% per trade (discounts available if you pay with BNB).
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Credit or debit card purchases: 1–2%.
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P2P trading: free for buyers.
Security Tips
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Enable Two-Factor Authentication (2FA).
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Never share your recovery codes.
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For P2P transactions, always check the seller’s verification and rating.
Frequently Asked Questions
Can I buy Bitcoin on Binance with M-Pesa?
Yes. Many verified sellers on Binance P2P accept M-Pesa, especially in Kenya and East Africa.
What is the minimum Bitcoin I can buy on Binance?
The minimum purchase is approximately $10 (about KES 1,300).
Is Binance legal in Africa?
Binance operates in several African countries, but regulations vary. Always review your country’s crypto laws before investing.
Should I keep my Bitcoin on Binance?
It is safe for short-term storage, but for long-term holding, a hardware wallet provides stronger protection.
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