As the native exchange for BNB, Binance offers the highest liquidity and the widest selection of payment methods. More than 20% of all BNB spot trades happen on Binance, which means you will always get a competitive price and fast execution.
Step 1 – Create a Binance Account
Visit Binance and sign up with your email address or phone number. Choose a strong password and enable two-factor authentication (2FA) immediately for security.
Step 2 – Complete Identity Verification (KYC)
Binance requires identity verification before you can purchase crypto with fiat currency. The process takes only a few minutes and requires a government-issued ID plus a selfie. Once verified, purchase limits are significantly higher.
Step 3 – Choose Your Payment Method
- Credit/Debit Card – Fastest option, fees between 1.8% and 3.5%.
- Apple Pay / Google Pay – One-tap checkout, same fees as card.
- Bank Transfer – Lowest fees, takes 1–3 business days.
- P2P Trading – Buy directly from other users, flexible payment methods.
Step 4 – Buy BNB
Navigate to Buy Crypto, select BNB, enter the amount in your local currency, choose your payment method, review the order and confirm. Your BNB is credited to your Spot Wallet and is immediately available to transfer, stake, or trade.
Binance Fees for BNB
Spot trading fees start at 0.1% for limit orders and can be reduced by a further 25% if you pay fees in BNB. This makes Binance one of the most cost-effective platforms for buying and holding BNB. Simple Buy mode carries a higher spread of approximately 0.5%.
Staking BNB on Binance
Once you have purchased BNB, Binance's Earn products allow you to put your tokens to work. BNB Vault offers yields of up to 3.5% with a 120-day lockup, while shorter durations offer lower but still attractive returns.