How to Deposit and Withdraw AUD on Binance via Web and Mobile App

How to Deposit and Withdraw AUD on Binance via Web and Mobile App


Deposit AUD using PayID/Osko via Web App


PayID / Osko is an instant bank transfer method supported by over 100 Australian banks and financial institutions. PayID / Osko deposits are free, 24/7.

1. Log into your account on Binance and click ‘Deposit AUD’.

Note: If you have not verified your Binance account, please refer to this guide.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
2. Enter your desired deposit amount and click ‘Continue’.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
3. Perform the PayID transfer using your mobile bank app or internet banking.

Note: Only your unique PayID is required to make a PayID transfer; there is no description required. If your bank requires a description for the transfer, you may enter any description.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
4. Once your PayID transfer has been made, your deposit will be reflected in your AUD wallet in your Binance account.
A quick tip: Once you have your PayID saved, you can make AUD deposits anytime without having to initiate a new deposit request from your Binance account.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App


Deposit AUD using PayID/Osko via Mobile App


PayID / Osko is an instant bank transfer method supported by over 100 Australian banks and financial institutions. PayID / Osko deposits are free, 24/7.

1. Download the Binance app for iOS or Android.

2. Log in to your Binance account and select ‘Deposit AUD’ via PayID Transfer.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
3. Enter your desired AUD deposit amount and click ‘Continue’.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
4. Copy your unique PayID email address (example: [email protected]) by tapping on the yellow ‘copy’ icon.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
5. Open your mobile bank app or internet banking and proceed to ‘pay someone’ via email address.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
(Example shown with Commbank Mobile App)

6. Paste your unique PayID into your mobile bank app or internet banking.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
(Example shown with Commbank Mobile App)

7. Enter the amount you would like to transfer.

Note: Only the PayID we generated for you (example: [email protected]) is required to make a PayID transfer; no description is required. If your bank requires a description for the transfer, you may enter any description.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
8. Once your transfer has successfully cleared from your bank, your deposit will be reflected in your AUD wallet in your Binance app.

Note: Your first PayID transfer may take 24 hours to clear subject to your bank’s policy. Subsequent transfers are usually instant, but that also depends on your banks policy.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
Quick tip: Once you have your PayID saved, you can make AUD deposits anytime without having to initiate a new deposit request from your Binance account.

How to Withdraw AUD

AUD withdrawals are only available to users who verify their account as an Australian resident.

A quick tip: You may skip Steps 1 to 3 by bookmarking and visiting this link.

1. Hover over the Wallet tab on the homepage header. Select “Spot Wallet (Deposit Withdraw)”.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
2. Next to your AUD balance, select “Withdraw” in the cash balance section.
Note: If you have not deposited AUD on Binance before, please refer to this guide.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
3. Enter the AUD amount you wish to withdraw (minimum of AUD $50) and click “Continue”.
Note: If you have not linked your bank account, click “Add Now” and refer to this guide.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
4. Check that your details are correct, then click “Confirm”.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
5. Complete the security verification via your pre-configured 2FA methods.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
6. Funds will be processed into your bank account within 1-2 business days.

Note: If your bank supports NPP/PayID, withdrawals are instant.

To view your withdrawal request, click “View History” after submitting your request.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
If you have any questions or are having issues withdrawing your funds, please contact customer service.
 

How to verify your account to start depositing AUD

To start depositing AUD via PayID / Osko directly into your Binance account, you must first complete Tier 1 KYC. Both Australians and Australian residents with valid visas are eligible to complete Tier 1 KYC.
Note: If you are an existing Australian user, you may be prompted to update your details if they are outdated or incomplete.
The KYC tiers and their respective verification requirements and limits are outlined below:
KYC Tier Requirements PayID deposit limit AUD withdrawal limit
Tier 1 Australian government ID or passport with a valid Australian visa AU $10,000 / day
Tier 2 Document and biometric verification AU $25,000 / day AU $20,000 / day
Tier 3 Source of funds verification AU $100,000 / day AU $50,000 / day
To complete Tier 1 KYC, please follow the steps below.
1. Hover over the account icon in the top right of the menu and click ‘Identification’.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
2. Click on ‘Verify’ to begin the verification process.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
3. Ensure that ‘Australia’ is selected from the drop-down list, then click ‘Start’.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
4. Select which document you would like to use to complete your verification. Enter the requested document details such as your name, date of birth and residential address.

Note: The documents you can choose from include your driver’s licence, Australian passport, or foreign passport with Australian visa.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
5. Please read and agree to the disclaimer once you have entered your details, then click ‘Continue’.

Note: Before continuing, please ensure that you have entered the details exactly as they appear on your document.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
6. Your details will be verified within a few seconds. Once your account is successfully verified, you will be able to deposit up to AUD 10,000 per day using PayID / Osko.

Note: To unlock withdrawals and increase deposit limits for your account, please complete Tier 2 KYC via the ‘Basic Info’ page from Step 2 of this guide after completing Tier 1 KYC.


How to link your Australian bank account on Binance

AUD withdrawals are only available to users who verify their account as an Australian resident. Check out our verification guide here for more information.

1. Navigate to ”Wallet” at the top right of the Binance homepage. From the drop-down list, select “Spot (Deposit Withdrawal)”.

2. Select “Withdraw” next to your AUD balance.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
Note: If you do not have any AUD in your Binance account, you may deposit AUD by following this guide here.

3. Select “Add Now” to link a new bank account.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
4. Fill in your Australian bank details including bank name, BSB*, and account number. Click “Add Bank Account” to submit your bank details.

Note:*A BSB code is a six-digit number used to identify the individual branch of an Australian financial institution. Your account name is pre-filled, we only accept withdrawals to your personal bank account.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
5. An amount between $0.01–$0.99 will be sent to your bank account for verification.
Note: It may take up to 2 business days for the amount to reflect in your bank account.

6. Once you have received the amount in your bank account, navigate to your withdrawal page by repeating steps 1 to 3, then click “Verify Now”.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
7. Fill in the correct amount sent to your bank account, then click “Verify Bank Account”.
How to Deposit and Withdraw AUD on Binance via Web and Mobile App
8. Your bank account will be successfully linked once verified. Click here for our guide on how to withdraw AUD directly from your Binance account.

Note: If your bank account details have changed, you will need to unlink your existing bank account from your Binance account and link your new bank account.
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Source: Binanchain - binanchain.com | How to Deposit and Withdraw AUD on Binance via Web and Mobile App - https://binanchain.com/how-to-deposit-and-withdraw-aud-on-binance-via-web-and-mobile-app-0513311

1 Comments

arthur
arthur

I"m fully verified and don"t have a PAYid link come up. Does anyone know why?

reply
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