After signing up for Binance, you can easily buy Ethereum. Download the Binance APP for a smoother mobile experience. Ethereum (ETH) is the second-largest cryptocurrency by market cap. Our site walks you through how to buy ETH on Binance.
Why Buy ETH?
Ethereum is more than just a cryptocurrency — it's a powerful blockchain platform:
- Smart contract platform: Numerous DeFi and NFT projects are built on Ethereum
- Second by market cap: Only behind Bitcoin, with excellent liquidity
- Continuous upgrades: The Ethereum team constantly improves the technology
- Staking rewards: You can earn passive income by staking ETH
Steps to Buy ETH on Binance
Prerequisites
Make sure your Binance account meets these conditions:
- KYC verification is complete
- You have USDT in your spot wallet
- If you don't have USDT, buy some via C2C trading first
Step 1: Find the ETH Trading Pair
- Open the Binance APP → Trade → Spot
- Search for "ETH"
- Select the "ETH/USDT" trading pair
Step 2: Check the ETH Market
On the trading page, you can see:
- Current price
- 24-hour price change
- 24-hour trading volume
- Candlestick chart
We recommend reviewing the current price trend before buying.
Step 3: Choose an Order Type and Buy
Market Buy (Instant Execution):
- Tap "Market"
- Enter the amount of USDT you want to spend (or the amount of ETH you want to buy)
- Tap "Buy ETH"
- Confirm the order — it executes instantly
Limit Buy (Set Your Price):
- Tap "Limit"
- Set your target buy price
- Enter the quantity
- Tap "Buy ETH"
- The order executes automatically when the price reaches your target
Step 4: Confirm Execution
Check your order status on the "Orders" page. Market orders execute instantly; limit orders execute only when the price reaches your set level.
Dollar-Cost Averaging into ETH
If you're bullish on ETH's long-term value, use Binance's Auto-Invest feature:
- Go to "Earn" → "Auto-Invest"
- Select ETH
- Set the investment amount (how much USDT per purchase)
- Set the frequency (daily/weekly/monthly)
- Confirm and activate
DCA averages out your purchase cost and avoids buying all at the top.
ETH Storage Options
After buying ETH, you have different storage options:
Keep It on Binance
- Most convenient, ready to trade anytime
- Can participate in staking for rewards
- Best for active traders
Transfer to a Hardware Wallet
- Most secure — you control the private keys
- Best for long-term holding of large amounts
- Slightly more complex to operate
Transfer to a Software Wallet
- Use wallets like MetaMask
- Can participate in DeFi and NFT ecosystems
- Requires knowledge of on-chain operations
ETH vs. BTC: What's the Difference?
| Feature | ETH | BTC |
|---|---|---|
| Purpose | Smart contract platform | Digital gold / store of value |
| Market cap rank | #2 | #1 |
| Consensus | PoS (Proof of Stake) | PoW (Proof of Work) |
| Block time | ~12 seconds | ~10 minutes |
| Supply | No hard cap | Capped at 21 million |
| Use cases | DeFi, NFTs, smart contracts | Payments, store of value |
Through registering for Binance, you can trade both BTC and ETH.
FAQ
What's the minimum amount of ETH I can buy?
Like BTC, ETH can be purchased in fractions. The minimum spot order on Binance is about 10 USDT, which gets you a small amount of ETH.
Which trading pair should I use for ETH?
The most commonly used pair is ETH/USDT. There are also ETH/BTC and ETH/BNB pairs, but ETH/USDT is simplest for beginners.
Are ETH transfer fees high?
For operations within Binance (buying, selling, internal transfers), you don't need to pay Ethereum network gas fees. Gas fees only apply when withdrawing to an on-chain address.
Can I stake ETH after buying it?
Yes. Binance offers ETH staking services. You can stake ETH to receive WBETH tokens while earning staking rewards.
What's the relationship between ETH and ERC20?
ERC20 is a token standard on Ethereum. ETH is the native coin of the Ethereum network, while ERC20 tokens (like USDT-ERC20) are other tokens running on Ethereum.
Security Tips
When buying ETH, keep in mind:
- Learn Ethereum basics: At least understand what ETH is before investing
- Diversify: Don't put all your funds into a single cryptocurrency
- Follow Ethereum ecosystem developments: Stay updated on upgrades and ecosystem news
- Watch gas fee fluctuations: If you need to withdraw, choose times when the network isn't congested
- Set stop-losses: Especially for short-term trading, manage your risk
Register for Binance to experience ETH trading on the world's largest exchange with deep liquidity and low fees.