Note! Bank transfers vary in processing time. What does it mean? Unlike with cards, bank transfers cannot be instantly converted to crypto
Imagine the Binance "booking" price for crypto purchases at the moment of transaction initiation. If it went down significantly, Binance would have gained on such a purchase. Likewise, if the price went up, Binance would be the loser of the purchase.
Therefore, the bank wires credit Binance balance with fiat. Once you get fiat you need to decide which coin to purchase.
Click Deposit:
Choose Bank deposit:
Open Banking:
Make sure the CURRENCY MATCHES :
Select your country and bank, such as Revolut in Poland, for example:
Please review the notes and confirm if you agree with the information provided:
You only share your name and bank account numbers with the True Layers who provide technical solutions for payment companies:
Enter passcode:
All linked:
Back to Step 3:
Enter amount:
Another notification:
Go to Bank:
QR code challenge:
Log in to the app and confirm your identity within Revolut :
Please wait for confirmation before proceeding :
Look out for a notification alerting you when the funds have landed in your account :
The default payment method is set to - Card :
Well-Concealed Wallet (EUR) :
Click "View More" to see additional options :
Once the Wallet (EUR) is located, it is selected :
Confirm :
Confirmed:
Choose ADA and select 'Withdraw':
The screenshot showcases a detailed ADA transaction journey :
According to the second step of the Binance journey, navigate to Bombastic, then to 'Wallet', and select 'Deposit':
Copy address :
Copy and paste the Bombastic address into Binance. Binance will automatically detect the network. Select 'MAX' to transfer the entire balance to Bombastic :
A scam prevention notification may appear. If you are conducting the transaction, please proceed by selecting 'Continue'.
Please confirm this action, as Binance will not be responsible for any issues with ADA after this step. Confirm to proceed :
Ensure that the address on Bombastic matches the one in this window. If they both match, click 'Continue' :
Multi-factor authentication has been completed and the funds have been sent.
The transfer to Bombastic was completed in just 3 minutes :
Time to Play!