Wise to Binance: What's Allowed and What Isn't

What exactly does Wise say?

From Wise's help page "Understanding Wise's position on cryptocurrency":

• Wise doesn't support the purchase, exchange or trading of cryptocurrencies; it's against its Acceptable Use Policy.
• You can't use your Wise account to buy, sell or trade crypto, on personal or business accounts. Wise may reject such payments or close your account altogether.

On its account closure page, Wise lists "Trading in cryptocurrency" as the first example of activity that can get an account closed. And after a closure, Wise says you generally won't be able to open another account.

Why is the card allowed?

Wise says its card use policy is different from the account policy: the card can be used anywhere, as long as the transaction is lawful and supported in the card's region, including cryptocurrency platforms. The Acceptable Use Policy says the same: its restrictions don't apply to lawful transactions with the Wise card.

But keep three things in mind:

1. The card is only for residents of Europe, the UK, Switzerland, the US, Canada and some other countries, not any Arab country. Wise card guide
2. The 2% fee: Wise says topping up e-wallets or other external accounts that can be turned into cash, including cryptocurrencies, can incur a 2% fee (in certain currencies listed on its card fees page).
3. Binance's side matters too: buying with a card on Binance has its own conditions and fees, which you see on the payment screen before you confirm.

If you live in Europe and have a Wise card

Buying with a Wise card on Binance works like buying with any Visa or Mastercard: Add Funds → Buy With, then choose your card. → Step-by-step: fund Binance with a card

If you don't have a Wise card

Your Wise account isn't the way to buy crypto. These are the routes we cover:

• How to deposit on Binance: by bank card, by P2P in your local currency, or by transferring crypto from another wallet.
• How to buy USDT: P2P, card and crypto conversion.
• Buy USDT on Binance P2P: if you buy on P2P, pay the seller with a method other than Wise, because Wise doesn't allow paying individuals for crypto.
• Common P2P scams: read before your first trade.

What about withdrawing from Binance to Wise?

Wise says you can't receive money from platforms that aren't licensed in the UK or an EU country, or from individuals as payment for selling crypto (P2P), and you can't use Wise exclusively for crypto-related transactions. So don't rely on your Wise account to receive crypto sale proceeds, and check Wise's rules before any such payment.

FAQ

Can Wise send money to Binance?

Not by bank transfer: Wise doesn't allow sending money to crypto exchanges like Binance, and may close the account. What's allowed is paying with the Wise card, if you live in a country where the card is available.

Can I pay a Binance P2P seller from Wise?

No. Wise doesn't allow sending money "directly to individuals to purchase Bitcoin, Ethereum, or any other virtual currency".

What happens if I send money from Wise to Binance?

According to Wise, it may reject the payment or close your account altogether. "Trading in cryptocurrency" is the first example Wise gives of reasons for closing an account.

Can I use my Wise card on Binance?

Wise allows the card at crypto platforms if the transaction is lawful and supported, with a possible 2% fee. But the card isn't available to residents of Arab countries.

I live in Saudi Arabia or Egypt. How do I buy USDT?

Not through Wise. See How to buy USDT and How to deposit on Binance.

Use Wise for what it's built for

Wise is made for sending money to a family member's bank account in Egypt, Morocco, the UAE and elsewhere. What is Wise: the full guide

Open your Wise account →

Partner link: we may earn a commission from Wise, at no extra cost to you.

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Last updated: 23 October 2026 · All facts from the official Wise pages listed above.