Transfer Money from Payoneer to Binance P2P (Easy 2024)

Payoneer is known for its global payment services, enabling individuals and businesses to send and receive money worldwide. While Binance doesn’t support Payoneer directly, you can still transfer money from your Payoneer account to Binance in a few easy steps.

In this article, we are going to show you how you can transfer money from Payoneer to Binance, how you can buy Bitcoin and other crypto with Payoneer, and more.

Key highlights:

  • The Binance P2P marketplace doesn’t support Payoneer as a payment method.
  • However, you can use your Payoneer card to buy cryptocurrency on Binance and then use the cryptocurrency you bought on Binance P2P.
  • There are a number of P2P crypto trading platforms where you can buy Bitcoin with Payoneer.
  • In most cases, you’ll have to pay a premium to the market price if you want to buy cryptocurrency with Payoneer.

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How to transfer money from Payoneer to Binance?

The easiest way to transfer money from Payoneer to Binance is to deposit funds with your Payoneer credit card to buy crypto. Here is a step-by-step guide on how to do it.

Step 1: Sign into your Binance account

Start by signing into your Binance account via a desktop browser or mobile app. If you don’t have a Binance account, you can open a new account by clicking on the button below. Keep in mind that you’ll need to complete a KYC process before you can use all of Binance’s features.

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Open Binance Account

Step 2: Buy crypto with a credit card

Select the “Credit/Debit Card” option from the “Buy Crypto” drop-down menu on the Binance homepage.

Step 3: Enter the amount of fiat currency you want to spend

Select the fiat currency you want to use and pick the cryptocurrency you want to purchase. For the purposes of this guide, we’ll be buying $100 worth of Bitcoin with the US dollar. Click “Continue” to proceed.

Step 4: Enter your Payoneer card details

Provide the relevant card details, including your name, card number, expiration date, security code, and address. Click “Confirm” to proceed.

Step 5: Confirm the transaction

You’ll be presented with a confirmation window that displays your order’s details, including the fiat total, the among of transaction fees, and the exchange rate.

In the case of Binance, you’ll have 10 seconds to confirm your transaction. The short time window is meant to guarantee against any rate changes that could occur before the order is confirmed. Otherwise, you’ll need to repeat the process.

If you are content with your order, click “Confirm” to buy Bitcoin and thus transfer funds from your Payoneer account to Binance.

How to buy Bitcoin and other crypto with Payoneer?

There are two ways of buying Bitcoin and other crypto with Payoneer. The first method is to use your Payoneer credit card to buy crypto (described in the steps above), which is arguably the most convenient way of investing in Bitcoin and other cryptocurrencies when using Payoneer.

The second method involves one of the peer-to-peer trading platforms that allow users to buy and sell cryptocurrencies directly from one another. Prominent examples of P2P crypto marketplaces where Payoneer can be used to buy Bitcoin include Paxful, Noones, and BitValve.

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Paxful is one of the most popular P2P crypto marketplaces, and merchants on the platform can choose to accept payments with Payoneer. However, most merchants accepting this payment method charge a premium. If you’re paying with Payoneer, you’ll pay about 3% more for your Bitcoin than if you simply bought BTC using a spot trading exchange.


LocalCoinSwap is a peer-to-peer cryptocurrency marketplace that puts an emphasis on user privacy — there are no KYC requirements for trading on the LocalCoinSwap platform. The marketplace supports Bitcoin as well as a large assortment of altcoins and tokens.

Overall, LocalCoinSwap supports more than 90 fiat currency payment methods, and Payoneer is among them as well. At the time of writing, we have been able to find quite a few sellers accepting Payoneer on LocalCoinSwap, although they all charge a premium of at least 5%.

LocalCoinSwap also employs a non-custodial design, which allows users to retain control over their crypto when using the platform. LocalCoinSwap also provides escrow protection to reduce the likelihood of fraud.


Noones is a P2P marketplace that provides a service that is very similar to Paxful. On Noones, you can quite easily find Bitcoin sellers that accept payments via Payoneer, although you have to keep in mind that just like on other P2P marketplaces, most merchants accepting Payoneer charge a premium (about 3% in this case).


BitValve is another P2P crypto marketplace where you can buy Bitcoin with Payoneer. At the time of writing, we were only able to find 1 seller on BitValve who accepted Payoneer, and they were charging a very high premium of 14%. Still, BitValve could be worth checking out if you’re looking to buy BTC with Payoneer, as new sellers could join the marketplace with better offers.

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Hodl Hodl

Hodl Hodl is a P2P marketplace that focuses exclusively on Bitcoin. It has a fully non-custodial design and doesn’t require any identity verification from users. To prevent fraud, Hodl Hodl employs a reputation system that allows users to quickly check the reputation of their counterparty.

We were able to find a handful of offers from crypto sellers that accept Payoneer on Hodl Hodl, although the number was quite low. The number of offers available on Hodl Hodl at any given time can fluctuate a lot, so it’s definitely a platform worth checking out if you’re wondering how to buy Bitcoin with Payoneer.

Does Binance accept Payoneer?

No, Binance does not accept Payoneer as a payment method natively, which means that you cannot transfer fiat from Payoneer to Binance directly. However, you can use a Payoneer card to buy cryptocurrencies on Binance.

How to buy USDT with Payoneer?

You can buy Tether (USDT) with Payoneer by using your Payoneer card. You can find a step-by-step guide on how to buy crypto with Payoneer in the section above if you want to go the Binance to Payoneer route. You can also use Binance P2P with Payoneer and buy USDT

The bottom line

Transferring money from Payoneer to Binance is a relatively simple process. By following the step-by-step guide, you can easily use your Payoneer funds to buy crypto using the Payoneer card. If you want to pay for cryptocurrency directly through the Payoneer platform, you can use a peer-to-peer cryptocurrency marketplace such as Paxful, Noones or BitValve.

If you are looking for other methods of buying crypto, check our articles on how to buy Bitcoin with Amex and how to buy Bitcoin with a gift card.

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