How to Receive Cryptocurrency Payments with Binance Pay

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Binance Pay offers two convenient methods to receive cryptocurrency payments. You can request payments using your personal Binance Pay QR code, Binance account email, phone number, Binance ID (UID), or a unique Payment ID.

How to Receive Crypto Payments via Binance Pay on Mobile App

1. Generate QR Codes for Payment Receipt

You can create three types of QR codes to facilitate payments:

Receive Payments in Any Cryptocurrency

  1. Navigate to [User Center] β†’ [Pay] and click [Receive]. Alternatively, tap [...] on the app homepage followed by [Receive] to generate your unique QR code and Payment ID.
  2. Select [Save QR Code] to store it locally. Share this with the payer for transaction completion.
  3. Once processed, funds will reflect in your wallet under [Wallet] β†’ [Funding].

Receive Payments in Specific Cryptocurrencies

  1. Click [Add Amount] and select your preferred cryptocurrency. Confirm with [Confirm].
  2. The system generates a cryptocurrency-specific QR code. Share this or your Payment ID with the payer.

Receive Fixed-Amount Payments in Specific Cryptocurrencies

For predetermined amounts:

  1. Select [Add Amount], choose the cryptocurrency, and enter the exact amount. Optional notes can be added.
  2. Binance Pay creates a tailored QR code upon confirmation. Share this or your Payment ID for payment.

2. Use Account Identifiers for Payment Collection

Share any of these with payers:

πŸ‘‰ Find your Binance ID by clicking your profile icon (top-left). Note: Payment IDs (for crypto transactions) differ from Binance UIDs (account identifiers).

Locating Your Binance Pay ID

Follow these steps to find your Payment ID:

  1. Tap [...] β†’ [Receive] β†’ Copy the ID via the duplicate icon next to [My Payment ID].
  2. Alternatively:

    • Use the QR scanner on the homepage β†’ [Receive]
    • Go to [User Center] β†’ [Pay] β†’ [Receive]

Completed transactions appear in [Wallet] β†’ [Funding] β†’ [Pay] β†’ [Payment History].

Frequently Asked Questions

Can I receive payments without sharing personal details?

Yes! Payment IDs and QR codes allow transactions without exposing your email/phone number.

How long do payments take to process?

Cryptocurrency payments typically complete within minutes, depending on network congestion.

Is there a fee for receiving payments?

Binance Pay charges no fees for receiving crypto payments. Network fees may apply depending on the blockchain.

Can I request payments in fiat currency?

Binance Pay currently supports cryptocurrency-only transactions for receipt.

What if my payment doesn't appear?

Check the payment status with the sender and ensure you've shared the correct Payment ID/QR code. If issues persist, contact Binance Support.


πŸ‘‰ Start accepting crypto payments today with Binance Pay's seamless integration for businesses and individuals. Experience fast, secure transactions without intermediaries.