How to buy crypto
By Youssef Adel · Last updated:
Why USDT first? In most Arab currencies the P2P market trades USDT, and converting it to any other coin takes seconds.
The four steps to buy any cryptocurrency
- Open an account and verify it. Binance accepts residents of every Arab country. Guides: create a Binance account, then verify it. The signup page has an optional field that is already filled if you came from our link; leave it as it is.
- Buy USDT through P2P in your currency. You pick a merchant, pay them with a local payment method, and once they confirm, the USDT is released to you. Full guide: buy USDT on Binance P2P; payment methods per country on the countries page. For the other funding methods (card, or a crypto deposit from another wallet): how to deposit on Binance.
- Convert USDT to the coin. Easiest: Convert, enter the amount and pick the coin; the Binance minimum is USD 0.01. Or use the spot market with a pair such as BTC/USDT.
- Withdraw (optional). To move the coin to your own wallet, choose the same network your wallet supports and copy the memo/tag if one appears. A wrong network or a missing memo can lose the funds.
Coins covered: exchanges and networks
| Coin | Exchanges that list it (of our 6) | Main withdrawal network | Watch out for | Guide |
|---|---|---|---|---|
| Bitcoin (BTC) | All | Bitcoin | A Bitcoin-network address | Buy bitcoin |
| Ethereum (ETH) | All | Ethereum (ERC20) or L2 networks | Same network on exchange and wallet | Buy ethereum |
| XRP | All | XRP Ledger | A destination tag is required when depositing to an exchange | Buy XRP |
| BNB | All | BNB Smart Chain (BEP20) | BNB Beacon Chain is shut down | Buy BNB |
| Solana (SOL) | All | Solana | Binance also offers BEP20; pick Solana for a Solana wallet | Buy Solana |
| Tron (TRX) | All | Tron (TRC20) | You need TRX for USDT TRC20 transfer fees | Buy TRX |
| Toncoin (now GRAM) | All | TON | Search GRAM, not TON; memo when depositing to an exchange | Buy Toncoin |
| Pi Network (PI) | OKX, Bitget and MEXC only | Pi | Binance doesn't list it; beware of "Pi buyers" | Buy Pi |
The six exchanges: Binance, OKX, Bybit, Bitget, KuCoin, MEXC. We checked each trading pair on the exchanges themselves on 2026-10-20. Which exchange works in your country? See compare exchanges or your country page.
Buying crypto in your country
The payment method depends on the country; the steps after it are the same:
- Egypt: P2P in EGP via InstaPay, Vodafone Cash and bank transfer. Buy USDT in Egypt
- Saudi Arabia: P2P in SAR via bank transfer, Al Rajhi and STC Pay. Buy USDT in Saudi Arabia
- Iraq: Buy USDT in Iraq
- Morocco: Buy USDT in Morocco
- Algeria: Buy USDT in Algeria
- Syria: Buy USDT in Syria (OKX isn't available to Syrian residents, and Bybit blocks Syrian nationals)
- Every country: full list
What does buying cost?
- P2P: Binance's latest official announcement (March 2024) sets a flat taker fee of 0.05 USDT per order on USDT pairs in selected currencies. More important, the merchant's price can be above the market price; compare several ads.
- Convert: the quoted rate includes the cost, and you see it before confirming.
- Spot trading: Binance's standard fee is 0.1% of the trade (0.075% if paid in BNB), per the official fee page.
- Withdrawal: the network fee shows on the withdraw screen after you enter the amount, and depends on the coin and network.
Safety
- Never release a P2P payment outside the platform, and never confirm money you haven't received. Read P2P scams.
- Don't buy "coins" from people on Telegram or WhatsApp; buy on the exchange itself.
- For larger amounts held long term: Ledger or Trezor?
FAQ
How do I buy crypto for the first time?
Open and verify a Binance account, buy USDT through P2P in your local currency, then convert it to the coin you want with [Convert]. The table above links the full steps for each coin.
Can I buy crypto directly without USDT?
Yes, by card (Visa or Mastercard) for some coins such as bitcoin and ethereum, as shown in how to buy Ethereum. If you pay with a local wallet or bank transfer, P2P in USDT and then Convert is usually the easiest route.
What's the smallest amount I can buy?
You don't need a whole coin; you buy a fraction. The Binance Convert minimum is USD 0.01, and each P2P merchant sets their own ad limits.
Which cryptocurrency should I buy?
We don't give investment advice or price predictions. This page explains how to buy and withdraw each coin safely.
Why can't I find Toncoin?
Toncoin was renamed Gram (GRAM) on 15 June 2026; the network is still called TON. Search for GRAM on the exchange (its guide is in the coin table above), and mind the memo when depositing to an exchange; it works like the destination tag in how to buy XRP.
Does Binance sell Pi Network?
No. As of 20 October 2026 Binance doesn't list PI. Of our exchanges, OKX, Bitget and MEXC trade it (its guide is in the coin table above). Binance's own coin is BNB; see how to buy BNB.
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Official sources we checked
- Binance: buying through P2P in the app - updated 2026-03-13
- Binance: Convert, minimum USD 0.01 - updated 2026-09-02
- Binance: spot trading - updated 2026-04-29
- Binance: withdrawing crypto, network, memo and fees - updated 2026-09-18
- Binance: spot trading fees - checked 2026-10-20
- Binance: P2P flat taker fee on USDT pairs - published 2024-03-12, updated 2024-03-25
- Walt (Telegram wallet): Toncoin renamed Gram on 2026-06-15 - updated 2026-10-19
- OKX: PI-USDT pair live (official market data, 2026-10-20)