Binance Pay offers two convenient methods to send cryptocurrency payments to others: via QR code or using the recipient's Binance account details (email, phone number, User ID [UID], or Pay ID).
How to Pay with Cryptocurrency Using a QR Code
Scan the Recipient's QR Code
Use your Binance mobile app to scan the recipient's Binance Pay QR code. You can access the scanner in two ways:- Method 1: Long-press the Binance app icon on your phone's home screen and select [Scan] from the quick-access menu.
- Method 2: Open the Binance app and tap the QR scanner icon on the homepage.
- Review Payment Details
After scanning, the payment details will appear. These may vary based on the description set by the recipient when creating the QR code. - Confirm and Proceed
Click [Continue] to proceed. To change the payment method, select [Payment Method] and choose an alternative option. Then, click [Confirm]. - Enter Your PIN
Input your 6-digit payment PIN for verification. Note: After five incorrect attempts, your PIN will be temporarily locked for security reasons. If locked, wait five hours before retrying. - Completion
Once verified, you'll see a confirmation screen indicating the payment is complete.
How to Send Cryptocurrency via Email/Phone/UID/Pay ID
To pay someone using their Binance account details, you'll need their registered email, phone number, UID, or Pay ID.
- Initiate Payment
Log in to your Binance app, navigate to [Wallet] > [Fiat & Spot] > [Pay], or tap the [...] button and select [Send]. - Enter Recipient Details
Paste or manually input the recipient's Binance email, phone number, UID, or Pay ID. Click [Continue]. - Select Cryptocurrency
Choose the crypto asset you wish to send from your Funding or Spot Wallet. Ensure you have sufficient balance; if not, transfer funds first. - Enter Amount and Note (Optional)
Specify the payment amount and add a memo if needed. - Confirm Transaction
Click [Confirm]. To adjust the payment method, select [Payment Method] and review options before confirming. - PIN Verification
Enter your payment PIN to authorize the transaction. - Payment Confirmation
After PIN validation, the payment details will display, confirming the successful transfer.
How to Pay Merchants via Binance Pay
Currently, Binance Pay supports merchant payments only via QR codes.
- Request the Merchant's QR Code
Ask the merchant to provide their payment QR code. - Scan and Verify
Open your Binance app, tap the QR scanner, and scan the merchant's code. Check the payment details, including any restrictions on crypto payments (click the info icon next to the merchant's name). - Complete Payment
Binance will prioritize cryptocurrencies based on your preset payment order. If your primary crypto lacks sufficient balance, the system will use alternate assets. Adjust the order by dragging currencies in the [Currency] menu (changes apply only to the current transaction). - PIN Authorization
Enter your PIN to finalize the payment.
FAQ Section
Q1: What if I enter the wrong PIN multiple times?
A: After five failed attempts, your PIN locks for five hours. Wait and retry later.
Q2: Can I pay merchants without a QR code?
A: No, Binance Pay currently requires QR codes for merchant transactions.
Q3: How do I change my default payment cryptocurrency?
A: Adjust the order in the [Currency] menu during a transaction. This won’t affect your wallet’s default settings.
Q4: Is there a fee for Binance Pay transactions?
A: Binance Pay charges no fees for sending or receiving crypto.
👉 Start using Binance Pay today to enjoy seamless crypto transactions!
Note: Always verify payment details before confirming. For security, never share your PIN or account credentials.