How to Deposit Euro to Binance – Complete Beginner Guide

By now you probably know that Binance is my favorite exchange to use for all of my Cryptocurrency trades. Since many of you come out of the Euro-Zone, I have been getting a lot of questions lately on how to deposit Euro to Binance.

We are in luck since Binance has made it really easy for us to do that recently! In this tutorial, I show you how to deposit Euro to Binance in the easiest and most cost-efficient way, as always!

If you also want to learn how to withdraw EURO, GBP, USD, or, AUD from Binance, I got a guide for you too.

Table of Contents

Why to use Binance for your Crypto trades?

Before we get started, let’s quickly talk about Binance and why I think Binance is the best choice when it comes to trading Cryptocurrencies.

As many of you know by now, I come from a Cybersecurity background. That means, I naturally put a lot of emphasis on security when it comes to choosing an exchange. I have been using Binance since 2017 and have never had any concerns about the security of my funds.

This is also why I trust Binance with my Credit Card and Banking details over smaller exchanges.

Binance is also the largest Cryptocurrency exchange since 2018.

Since I am located in Germany, it is very important for me to be able to withdraw my assets in Euro. Binance makes withdrawing Euro’s very easy and cheap by utilizing the SEPA protocol. In fact, SEPA transactions are completely free at a 0€ fee.

That being said, it is equally easy to deposit Euro to Binance.

On top of that, I really like how easy Binance is to use even for a beginner. You can do a lot of things on Binance, including but limited to earning passive income on Binance using staking, but this is the topic for another article.

How to deposit Euro to Binance

Let me quickly walk you through the process. First, we need to sign up for Binance. Once we have done that, we are going to enable 2-Factor Authentication for security reasons. After that, we deposit EURO to Binance. Here I give you two popular options: Credit Card or SEPA Bank Transfer.

The great thing is if we use SEPA, there are 0 fees included!

Step 1 – Sign up to Binance

Deposit Euro to Binance

If you don’t have a Binance account yet, you have the chance to use this link to sign up and get 5% commissions on your trades for life! At the same time, you support my blog.

Just go through their onboarding, it’s easy and self-explanatory.

Step 2 – Enable 2-Factor Authentication

As I said, security is an important part for me so I won’t leave this out and I highly recommend you doing the same. I like to use Google Authenticator for my 2FA, which is available for both iOS and Android. I discourage you from using SMS Authentication.

Once you are all signed-up and logged-in click on your profile picture and select Security.

Deposit Euro to Binance

Just click on the ON button next to Google Authenticator. Follow through the instructions, it’s super simple.

While we are talking about security, I would also encourage you to go through their verification process on that same security page.

I understand that some of you don’t want that, but that would add another layer of security on top of the 2FA. You are required to send a picture of your Passport, ID, or Driver’s Licence and a Photo of yourself to Binance to get that done in case you choose to. I recommend it.

Step 3 – Deposit EURO to Binance using SEPA Bank Transfer

Let’s first look at the SEPA Bank Transfer option.

Click on Buy Crypto -> Bank Deposit in the top navigation bar.

Deposit EURO to Binance using SEPA

Once there, change the currency from USD to EUR.

Deposit EURO to Binance using SEPA

Once there make sure Bank Transfer(SEPA) is selected. You have the alternative to use Klarna or iDEAL as well!

Enter an amount of EUR you want to deposit to Binance and click on Continue.

IMPORTANT NOTE: The Minimum amount to trade EURO for USDT is 50 EURO! So if you want to buy USDT to further trade them for other Cryptos, you should deposit at least 50 EUROs. There are other Coin pairs you can buy directly for EUROS that start at a minimum of 20 EURO, so make sure you figure that out before depositing.

You can just click on Buy Crypto -> Cash Balance to check out the Minimum amounts required to buy a certain coin, you find why this is important in the step: How to buy Crypto using EURO at the bottom of this article.

Buy Crypto for EURO on Binance

Once you click on continue, you get to see the details where you need to make your SEPA transaction to. Make absolutely sure to not miss anything, especially the Reference Code. If you miss the Reference Code, your funds will not arrive.

Make sure to read through all of the information before committing your Bank Transfer!

Buy Crypto for EURO on Binance

Now you need to transfer your money using your Online Banking to the address Binance has provided to you. Then it takes how long it takes to do a SEPA transaction. Some German banks offer instant transaction, some don’t. In the worst case it takes 1-2 business days.

If you don’t want to wait at all, there is the next option for you: deposit Euro to Binance using Credit Card. I show you how to buy Crypto using Euro once it’s arrived after Step 4 below.

Step 4 – Deposit EURO to Binance using Credit Card

This is as simple as it gets.

Click on Buy Crypto -> Credit Debit Card on the top navigation bar.

Here you have a couple of options now, this behaves a little bit different than a Bank Deposit.

You actually need to buy a Coin rather than depositing Euros to Binance directly and then trading or swapping them for a coin.

We are going to use USDT for this purpose. USDT is a stable coin that isn’t subject to market volatility and always holds the value of the US Dollar. There is also a trading pair for almost every coin on Binance in combination with USDT. I use USDT in most of my buying guides as well.

So make sure to select EUR as your currency and then select USDT as a Coin (Or any other crypto if you directly want to buy something!) Now enter an amount of Euro you want to deposit.

Check the amount of USDT you’ll receive for your deposit and click on Buy USDT.

Buy USDT with EURO on Binance

Great! You have now used your Credit Card to Deposit EURO to Binance and bought yourself some USDT which you can use to buy other Cryptocurrencies. You find a lot of guides right here on this website!

How to buy Crypto on Binance using EURO

If you have chosen Bank Transfer (SEPA) for your preferred way of buying Crypto on Binance using EURO, you can now easily trade those EURO to buy Coins (once the EURO has arrived on your Binance account).

Click on Buy Crypto and make sure EUR is selected. Then click on Cash Balance.

Buy Crypto for EURO on Binance

Now make sure to select your Cash Balance which should show your available EURO amount. You can also choose to deposit more EURO directly from here.

You also need to enter the amount you want to buy for. IF you exceed your previously deposited amount, you obviously can’t continue.

Choose a Coin you want to trade your EURO for. If the coin you want to buy is not available to buy for EURO, buy USDT and trade those USDT for the coin later using Spot Trading. USDT is the most-used trading pair on Binance. You find a ton of guides on how to do that on my YouTube Channel and right here on this website.

USDT is a stable coin that is not subject to market volatility, which means it holds the value of the US Dollar, which I have described in Step 4.

Buy Crypto using EURO on Binance

And that’s how you buy Crypto using EURO on Binance. As I said, you find a ton of tutorials on how to trade USDT for other Cryptocurrencies right here on this website or on my YouTube Channel.


This is how easy and cheap it is nowadays to deposit Euro to Binance and also how to buy Crypto using Euro on Binance.

I really like that Binance constantly improves its platform and makes it more convenient for us to get our hands on some Crypto.

The Best Way to stay Up-to-Date with my Content

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