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Is it possible to buy USD with PSP on Binance?

avatarKaushar AshrafiDec 16, 2021 · 3 years ago3 answers

Can I use a PSP (Payment Service Provider) to buy USD on Binance? I want to know if it's possible to use a PSP to purchase USD directly on the Binance platform.

Is it possible to buy USD with PSP on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    No, currently Binance does not support direct purchase of USD using a PSP. Binance primarily focuses on cryptocurrency trading and does not offer direct fiat currency purchases. However, you can use other methods such as bank transfers or credit/debit cards to buy cryptocurrencies on Binance.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Binance does not have the option to buy USD with a PSP. Binance mainly caters to cryptocurrency traders and does not provide direct fiat currency services. You can consider using other platforms or exchanges that support USD purchases with PSPs.
  • avatarDec 16, 2021 · 3 years ago
    While Binance itself does not support buying USD with a PSP, you can explore other options like BYDFi. BYDFi is a digital currency exchange that allows users to buy USD with a PSP. It provides a seamless experience for purchasing USD using popular PSPs. However, it's important to do your own research and ensure the platform is trustworthy before making any transactions.