How to deposit Pyypl via Binance

From 2022, the Visa and Mastercard systems are restricted in Russia. Users cannot pay for purchases abroad and subscriptions to services from Russian cards, so they use alternative methods. For example, the Emirati startup Pyypl opens virtual accounts and issues physical plastic. You can deposit cryptocurrency on the balance and pay in any stores. In the article – on how to deposit Pyypl through Binance. Readers will also receive instructions on how to use the platform’s tools.

A brief overview of the Pyypl service

The startup was founded by a group of enthusiasts from the UAE in 2017. Now the Pyypl team consists of 150 experts, and the service is used by more than 1 million customers. To get started, you need to download a mobile app for Android or iOS. The service offers to issue a virtual or physical card to pay for purchases on international platforms.

The plastic can be obtained only in the UAE.

The procedure is simple – it will take no more than 10 minutes from downloading the program to paying for the subscription. The service has the following features:

• You can pay with the card in any places that accept Visa. In this case the seller will receive information that the plastic is issued in Finland.
• In case of unauthorized use, the account can be blocked with one click in the mobile application.
• Pyypl holders exchange transfers and track expenses in a convenient interface.
• For free service, it is enough to make one transaction per month. If the condition is not met, the user will be charged $2 each.
• The card can be closed at any time.
• For transfers and payments, a fee of 2% of the transaction amount is charged.

Registration

To create an account, you need to go to the application store (Google Play or App Store) and download the mobile software. You should not download the installation file on third-party sites (may contain viruses). Registration algorithm:

1

ByBit

5020 $
bonus for new users!

9.8

VISIT Read Review

ByBit provides convenient and safe conditions for cryptocurrency trading, offers low commissions, high level of liquidity and modern tools for market analysis. It supports spot and leveraged trading, and helps beginners and professional traders with an intuitive interface and tutorials.

2

Binance

Earn a 100 $ bonus

for new users!

9.5

VISIT Read Review

The largest crypto exchange where you can quickly and safely start your journey in the world of cryptocurrencies. The platform offers hundreds of popular assets, low commissions and advanced tools for trading and investing. Easy registration, high speed of transactions and reliable protection of funds make Binance a great choice for traders of any level!

1. Click on the Create account button on the home screen.
2. The registration instruction in English will appear. It is necessary to familiarize yourself with it and click on Continue.
3. Think up and enter your login.
4. Specify your mobile number and click on Next.
5. Click on Click to verify to start the identification process. You will need to enter your personal information, take a passport photo and selfies.
6. Make up a PIN-code to enter the application.
7. Repeat it twice.
8. Check the box to agree with the terms of service and click on the Next button.

The user will be redirected to the personal cabinet. For greater account security, you can set up a biometric login.

Features of transfers on Pyypl

Mostly users order a card to pay for purchases in foreign stores. If the tool is no longer needed, the rest of the money can be withdrawn. Available ways:

• To a Russian card (Tinkoff, Sberbank, Raiffeisenbank, VTB, Alfa-Bank) using a Telegram bot. In Moscow, you can order cash withdrawal.
• International transfer to any account. More than 20 countries are supported.
• To another Pyypl user. The internal fee will be $0.3.

Limits and fees

Users can open and close Pyypl accounts for free. If a customer makes at least one purchase per month, there is no service charge. Inactive accounts are charged $2 each.

By default, you can keep no more than $1,000 on the card. To increase the limit to $10,000, you need to specify the source of income and attach documents. Service fees can be viewed in the table.

Instructions on how to deposit Pyypl via Binance

Users can make deposits using terminals (in the UAE), foreign bank cards and cryptocurrency. Refill the balance with coins is offered in 2 ways – transfer from any wallet or from the exchange account of Binance. Operations are available only for verified users.

Buying cryptocurrency

Refill the Pyypl card through Binance can be replenished in USDT. To do this, you need to buy stablecoins. The easiest way is a transaction on the internal P2P platform.

Such transactions are conducted between users. The Binance platform only controls the fulfillment of obligations by both parties.

In case of problems, customers can appeal to arbitration. Instructions for conducting a transaction:

1. Open the exchange’s website and go to the P2P section.
2. Select the coin (USDT), fiat currency and payment method for the request.
3. Specify the amount of the transaction.
4. Select a counterparty in the table with a favorable rate, good rating and high percentage of transactions (more than 97%).
5. Click on the “Buy” button and enter the amount.
6. Read the terms of the deal again and confirm the transaction.
7. The details will appear on the screen. You need to send money and click on the “I paid” button.

The seller will check the replenishment of the balance and confirm the implementation of the terms of the transaction. After that, the coins will be credited to the buyer’s exchange wallet.

Linking an account to a card

Users can synchronize their Binance account with a Pyypl account. This will allow you to receive money directly (without processing a transaction). Instructions for funding Pyypl from Binance via transfer:

1. Open the Pyypl mobile client and click on the Top up button on the home screen.

2. Select the deposit method – Receive from Binance.
3. Confirm the operation by clicking Continue.
4. Enter the amount and select the deposit cryptocurrency (USDT). Press the Confirm button.
5. The authorization screen on the Binance exchange will open. You need to enter your account details or log in using biometrics.
6. Click on Confirm to confirm the transaction.

Usually, the money is credited to Pyypl instantly. In some cases, the transaction can take up to 10 minutes to complete. If the deadline has passed, but the money has not appeared on the account, you need to contact the support service.

Other ways to replenish the card with cryptocurrency

Users can save on fees by sending a transfer from a personal wallet. In this case, you need to pay only the network fee. You can create a transaction in any interface with BEP-20 support.

USDT and BNB will need to be deposited into the balance to pay for the gas. The instructions are as follows:

1. Open the mobile app.
2. Select the menu item Top up, then – Crypto.
3. The address of the wallet in the BEP-20 network will appear on the screen. It should be copied.
4. Enter the wallet, select USDT and click on the “Send” button.
5. Select BEP-20 network, paste the address, specify the amount.
6. Confirm the operation.

It is also possible to deposit cryptocurrency directly (without formalizing the transaction in the blockchain). To do this, you need to synchronize the service with MetaMask or Trust Wallet. The order of actions:

1. Download the wallet in mobile format or install the plugin.
2. Create an account.
3. Refill the balance with cryptocurrency. You need to deposit USDT and BNB to pay network commissions.
4. Open a wallet and transfer it to the Binance Smart Chain (BSC) network. The button is at the top of the screen.
5. Log into the Pyypl app and select Top up from the menu, then select Light wallets.
6. The window of cryptocurrency wallet synchronization with the service will appear.
7. Confirm the transaction.
8. Enter the amount and sign the transaction.

Another way to replenish – with the help of an exchanger. Algorithm of actions:

1. In the mobile application, get the address of the wallet for replenishment.
2. Go to the popular monitoring and choose the direction of the transaction. In the left column you need to specify the method of payment (bank), in the right column – USDT BEP-20.

3. Choose an exchanger from the issue. Go to the site and fill out the application – specify the card number, amount, insert the cryptocurrency wallet address.
4. Confirm the action.
5. The card number will appear on the screen. It is necessary to send fiat to it and confirm the transfer of money.

FAQ

✨ Which method of replenishment to choose?

The most profitable option is to make a deposit from a personal wallet. However, the method requires skills in handling cryptocurrency. Beginners can deposit money with the help of an exchanger.

📌 Why does the payment from Binance not go through?

In some countries, the work of the exchange is limited. You need to choose another way to deposit.

💳 Can I open 2 Pyypl accounts?

No. You can only register one card per passport.

⚡ Does the operator have a financial license?

The company operates in compliance with FSRA in the UAE and CBUAE anti-money laundering requirements.

📢 After uninstalling the app, do I need to create an account again?

No. After re-installation, all you need to do is provide your phone number and click on the “Sign In” button.

Is there a mistake in the text? Highlight it with your mouse and press Ctrl + Enter.

Author: Saifedean Ammous, an expert in cryptocurrency economics.