Ethereum (ETH) is the second-largest cryptocurrency by market cap after Bitcoin, and many newcomers start with it. Buying ETH on Binance is very straightforward.
Preparation
First you need a Binance account. Sign up for Binance with just an email or phone number. After registration, complete identity verification (KYC).
If you don't have the app, download the Binance App first.
Step 1: Deposit Funds
Buy USDT first as an intermediary via C2C trading — select a verified merchant, transfer payment, and receive USDT in your funding account.
Step 2: Transfer Funds
Transfer USDT from your Funding Account to your Spot Account. This is free and instant.
Step 3: Buy ETH
Quick buy: Use Convert to swap USDT for ETH instantly. Simple but slightly higher price.
Spot trading: Search "ETH/USDT", use market or limit orders for more control and transparent fees.
How Much to Buy?
ETH doesn't require whole-number purchases. The minimum order is about 10 USDT (~$10). Start small to practice.
After Purchase
ETH stays in your Spot Account. Options:
- Keep it on Binance for easy trading
- Transfer to your own wallet (MetaMask etc.)
- Stake it on Binance Earn for interest
Tips
- Watch gas fees when transferring ETH out — choose off-peak times
- Select the correct network (ERC-20 for Ethereum mainnet)
- Don't chase pumps — consider dollar-cost averaging
- Binance has auto-invest for regular automatic purchases
Summary
Buying ETH on Binance: Register → KYC → C2C buy USDT → Transfer to spot → Buy ETH. The whole process takes under 10 minutes once familiar. Start with a small amount to learn, then increase your investment.