URL: https://exchangesteps.com/wise-to-binance Updated: 2026-10-23 Sources: https://wise.com/help/articles/2v3OMcg97Z7gObSifJbjsu/understanding-wises-position-on-cryptocurrency , https://wise.com/gb/legal/acceptable-use-policy , https://wise.com/help/articles/79g7y7uV8hVCfPoORho7LM/my-account-is-being-closed-by-wise , https://wise.com/help/articles/2934551/what-are-the-wise-card-fees , https://wise.com/help/articles/2968915/can-i-get-the-wise-card-in-my-country # Wise to Binance: What's Allowed and What Isn't > **Quick answer** > **A bank transfer from your Wise account to Binance is not allowed.** Wise says, word for word: "You can't send money to cryptocurrency exchanges (like Coinbase or Binance), or directly to individuals to purchase Bitcoin, Ethereum, or any other virtual currency." That also means **don't pay a P2P seller from your Wise account**. Wise says it may reject such payments **or close your account altogether**. > **What is allowed:** the **Wise card** can be used at crypto platforms, with a possible **2%** fee. But the card is only available to residents of certain countries, **and no Arab country is among them**. > To buy USDT, use the routes in [How to deposit on Binance](https://exchangesteps.com/how-to-deposit-on-binance) and [How to buy USDT](https://exchangesteps.com/how-to-buy-usdt). ## 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**. | Situation | Wise's position | |---|---| | Bank transfer from Wise to Binance or any exchange | ❌ Not allowed | | Withdrawing from Binance to your Wise account | ❌ Not supported | | Paying a P2P seller from your Wise account to buy crypto | ❌ Not allowed ("directly to individuals to purchase Bitcoin...") | | Sending money to a crypto wallet | ❌ Not allowed | | Receiving money from a platform not licensed in the UK or an EU country | ❌ Not allowed | | Receiving money from individuals for selling crypto (P2P) | ❌ Not allowed | | Using Wise exclusively for crypto-related transactions | ❌ Not allowed | | **Paying with the Wise card on a crypto platform** | ✅ Allowed (if lawful and supported in the card's region) | 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](https://exchangesteps.com/wise-card) 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](https://exchangesteps.com/how-to-deposit-on-binance)** ## 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](https://exchangesteps.com/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](https://exchangesteps.com/how-to-buy-usdt):** P2P, card and crypto conversion. - **[Buy USDT on Binance P2P](https://exchangesteps.com/how-to-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](https://exchangesteps.com/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](https://exchangesteps.com/how-to-buy-usdt) and [How to deposit on Binance](https://exchangesteps.com/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](https://exchangesteps.com/wise-guide) **[Open your Wise account →]** --- *Last updated: 23 October 2026 · All facts from the official Wise pages listed above.*