Entering the world of cryptocurrency often starts with a simple but crucial step: acquiring your first digital asset. For most users in Vietnam and beyond, that asset is USDT (Tether)—a stablecoin pegged to the US dollar. Buying USDT on Binance, one of the world’s largest and most trusted crypto exchanges, is a fast, secure, and low-fee way to get started.
This comprehensive guide walks you through every stage—from account registration to completing your first USDT purchase via P2P trading—and explains how to transfer funds for further trading. Whether you're new to crypto or refining your onboarding process, this tutorial ensures clarity, safety, and efficiency.
Why Buy USDT on Binance?
USDT serves as a bridge between fiat currencies like Vietnamese đồng (VND) and volatile cryptocurrencies such as Bitcoin or Ethereum. By purchasing USDT, you gain a stable entry point into the crypto market without immediate exposure to price swings.
Binance stands out due to:
- Low transaction fees
- High liquidity
- Robust security measures
- User-friendly P2P (peer-to-peer) marketplace
👉 Discover how easy it is to start trading crypto with just a few clicks.
Step 1: Create a Binance Account
Before buying USDT, you’ll need a verified Binance account.
Registration Process:
- Open the Binance app or visit the official website.
- Tap “Register” and choose to sign up using your email address or mobile number.
- Set a strong password and complete email/SMS verification.
- Enable Two-Factor Authentication (2FA) for enhanced security—this is highly recommended.
🔒 Security Tip: Never share your login credentials or 2FA codes. Binance will never call or message you directly asking for personal information. Any unsolicited contact claiming to be from Binance is likely a scam.*
After registration, proceed to verify your identity (KYC) if required, especially for higher withdrawal limits and access to more features.
Step 2: How to Buy USDT Using VND on Binance P2P
Binance’s P2P platform allows users to buy USDT directly from other individuals using Vietnamese đồng via bank transfer. The exchange acts as an escrow service, holding the seller’s USDT until payment confirmation.
Step-by-Step Instructions:
Open the Binance App
- Tap “Trade” at the bottom menu.
- Select “P2P Trading” at the top of the screen.
Set Up Your Purchase
- Choose “Buy” tab.
- Select USDT as the cryptocurrency.
- Set VND as your local currency.
Choose a Reliable Seller
- Review available offers.
Prioritize sellers with:
- High completion rate (98%+)
- Large number of completed orders
- Positive feedback from buyers
Initiate the Trade
- Enter the amount of VND you want to spend or the quantity of USDT you wish to buy.
- Click “Buy USDT”.
Complete Payment
- Binance displays the seller’s bank details and a unique order reference number.
- Use your personal bank account (must match your registered name on Binance).
- Transfer the exact amount, including decimals.
- In the transfer description, include only the order ID—do not mention “crypto,” “USDT,” or “Bitcoin” to avoid bank flags.
Confirm Payment
- After transferring, upload a screenshot of the successful transaction.
- Click “Mark as Paid”.
- Notify the seller via the in-app chat if needed.
Receive Your USDT
- Once the seller confirms receipt, Binance releases the USDT to your P2P wallet instantly.
⚠️ Always record your transactions:
- Take screenshots
- Record chat logs
- Consider screen recording during payment
These help resolve disputes quickly through Binance support.
👉 Secure your first crypto purchase today—fast, simple, and reliable.
Step 3: Transfer USDT from P2P Wallet to Spot Wallet
To use your newly purchased USDT for trading other cryptocurrencies (like BTC or ETH), you must move it from your P2P wallet (also known as Fiat wallet) to your Spot wallet.
How to Transfer:
- Go to “Wallet” at the bottom menu.
- Tap “Transfer”.
Select:
- From: P2P Account
- To: Spot Wallet
- Choose USDT as the asset.
- Enter the amount to transfer.
- Confirm with your password or 2FA.
Now your USDT is ready for spot trading, staking, or transferring to other wallets.
Frequently Asked Questions (FAQ)
Q1: Is it safe to buy USDT via Binance P2P?
Yes, Binance P2P is secure because the platform holds the seller’s funds in escrow until you confirm payment. As long as you follow official procedures and use trusted merchants, risks are minimal.
Q2: Why can’t I see my bank transfer reflected immediately?
Bank transfers within Vietnam usually complete within minutes but may take up to 15–30 minutes during peak times. Always wait for confirmation before marking as paid.
Q3: Can I use someone else’s bank account to pay?
No. Using a third-party account violates Binance’s policies and increases the risk of fraud detection or fund freezing. Always use a bank account under your own name matching your Binance profile.
Q4: What should I do if a seller doesn’t release my USDT after payment?
Contact Binance support immediately and provide all evidence: payment proof, chat logs, and order ID. Since Binance mediates disputes, legitimate claims are typically resolved in favor of the buyer.
Q5: Are there fees when buying USDT on P2P?
Binance does not charge buyers directly for P2P trades. However, some sellers may factor small premiums into their prices. Compare rates across multiple offers for the best deal.
Q6: Can I sell USDT back to VND later?
Absolutely. You can reverse the process by selecting the “Sell” tab in P2P trading, choosing a buyer, receiving VND to your bank account, and transferring funds out.
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Final Thoughts
Buying USDT on Binance is one of the most efficient ways to enter the cryptocurrency ecosystem—especially for Vietnamese users leveraging local bank transfers through the P2P marketplace. With strong security protocols, intuitive navigation, and real-time support, Binance provides a solid foundation for both novice and experienced traders.
Once you’ve completed your first purchase and transferred USDT to your spot wallet, you’re ready to explore deeper opportunities: trading altcoins, earning interest through savings products, or participating in token launches.
👉 Take control of your financial future—start buying crypto with confidence now.
Remember: Always stay alert for scams, double-check transaction details, and keep records of all interactions. With responsible habits and the right tools, your crypto journey can be both rewarding and secure.