Sending cryptocurrency to others has never been easier, especially with user-friendly platforms like Binance Pay. Whether you're transferring funds to a friend, family member, or acquaintance, Binance offers multiple secure and efficient methods to complete transactions quickly. This guide walks you through the step-by-step process of sending crypto via Binance Pay using QR codes or recipient identifiers such as email, phone number, UID, or Pay ID.
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These keywords naturally align with common search queries and reflect user intent around secure, fast, and accessible crypto transfers.
Sending Crypto via Binance Pay Using QR Code
One of the fastest and most convenient ways to send cryptocurrency through Binance Pay is by scanning a QR code. This method works seamlessly for in-person payments or when the recipient shares their QR code digitally.
Step 1: Open the QR Code Scanner
You can access the scanner in two ways within the Binance app:
- Method 1 (Using App Shortcut): Long-press the Binance app icon on your phone’s home screen. Tap [Scan] from the quick action menu.
- Method 2 (Inside the App): Open the Binance app and tap the QR code scanner icon on the homepage.
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Step 2: Scan the Recipient's QR Code
Once the scanner is active, point your camera at the recipient’s Binance Pay QR code. After a successful scan, the app will display the payment details.
Note: The displayed information may vary depending on what the recipient included when generating the QR code—such as amount, currency, or memo.
Step 3: Review and Confirm Payment Details
Carefully review all transaction details. If everything looks correct, tap [Continue].
If you wish to change your payment method (e.g., use a different cryptocurrency), tap [Payment Method] to see available options based on your wallet balance. Select your preferred option and confirm.
Step 4: Authenticate with Your Payment PIN
To authorize the transaction, enter your 6-digit payment PIN.
Security Tip: Your PIN will be locked after five incorrect attempts. If locked, you must wait five hours before trying again.
Step 5: Finalize the Transaction
After successful PIN verification, you’ll see a confirmation screen showing the completed payment details. The transaction is now complete, and the recipient should receive the funds almost instantly.
Sending Crypto Using Email, Phone Number, UID, or Pay ID
If you don’t have access to a QR code, you can still send cryptocurrency using the recipient’s Binance account information—such as their email address, phone number, Binance User ID (UID), or Pay ID.
Step 1: Access Binance Pay in the App
Log into your Binance app and navigate to:
[Wallet] → [Funds] → [Pay]
Alternatively, tap the [...] menu and select [Send].
Step 2: Enter Recipient Information
Manually type or paste the recipient’s email, phone number, UID, or Pay ID. Then tap [Continue].
The app will redirect you to a page where you can choose which cryptocurrency to send.
Step 3: Select Cryptocurrency and Amount
You’ll see your available balances across both funding wallet and spot wallet. If no funds are available, deposit assets first.
Choose the cryptocurrency you’d like to send. Enter the exact amount and add an optional note (visible to the recipient).
Step 4: Confirm and Authorize Payment
Tap [Confirm]. If needed, adjust your payment method by tapping [Payment Method] to select another supported asset.
Then, enter your payment PIN to verify the transaction.
Step 5: Completion
Upon successful authentication, you’ll see a summary of the completed transfer. The amount will be deducted from your wallet based on your set payment priority order.
Tip: Payments are processed from your funding or spot wallet according to your predefined asset preference order. You can adjust this globally in settings for future convenience.
Frequently Asked Questions (FAQ)
Q: Is Binance Pay safe for sending money to individuals?
A: Yes. Binance Pay uses end-to-end encryption and requires PIN authentication for every transaction, ensuring secure peer-to-peer transfers.
Q: Can I cancel a Binance Pay transaction after sending?
A: No. Once confirmed and authenticated, cryptocurrency transactions are irreversible. Always double-check recipient details before confirming.
Q: What happens if I enter the wrong email or phone number?
A: If the identifier doesn’t match any active Binance account, the transaction will fail and funds will be refunded. However, if it belongs to another user, recovery is not guaranteed.
Q: Are there fees for sending crypto via Binance Pay?
A: Most peer-to-peer transfers via Binance Pay are free. However, standard network fees may apply depending on blockchain congestion and selected cryptocurrency.
Q: Can I send fiat currency using Binance Pay?
A: Not directly. Binance Pay supports cryptocurrency only. However, recipients can convert received crypto into fiat through supported withdrawal methods.
Q: Do both parties need KYC verification to use Binance Pay?
A: While basic usage may not require full KYC, higher limits and certain features may require identity verification for compliance and security reasons.
Making Payments to Merchants with Binance Pay
While this article focuses on person-to-person transfers, it's worth noting that Binance Pay also supports merchant payments—currently only via QR code scanning.
To pay a business:
- Request the merchant’s Binance Pay QR code.
- Open the Binance app and launch the QR scanner.
- Scan the code and review payment details.
- Tap the info icon next to the merchant’s name to see which cryptocurrencies are not accepted.
- Confirm the payment using your preferred crypto based on your priority settings.
- Authenticate with your PIN.
Important: If your primary currency doesn’t have enough balance, Binance will automatically combine multiple assets (in order of priority) to fulfill the payment.
You can temporarily reorder payment currencies during checkout by tapping [Currency] and dragging them into preference. This change applies only to that specific transaction.
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Tips for Secure and Smooth Transactions
- Always verify recipient details before confirming any transfer.
- Enable two-factor authentication (2FA) for added security.
- Regularly update your payment PIN and avoid sharing it with anyone.
- Keep your app updated to benefit from the latest security patches and features.
Whether you're splitting bills with friends or sending money across borders, Binance Pay simplifies digital currency usage in everyday life.
Final Thoughts
Binance Pay empowers users to send cryptocurrency effortlessly using multiple methods—QR codes, emails, phone numbers, UIDs, or Pay IDs. With intuitive navigation, strong security measures, and instant settlement, it’s an ideal solution for modern financial interactions in a decentralized world.
As digital currencies continue gaining mainstream adoption, mastering tools like Binance Pay ensures you stay ahead in managing personal and social finances efficiently.