How to Deposit Fiat and Buy Crypto with Fiat Balance on BloFin?

October 19, 2026 at 02:20 PM

1. How to Deposit Fiat on BloFin

Step 1: Log in to Your BloFin Account

Open the BloFin app or website and log in to your account.

Navigate to Fiat Deposit using either of the following methods:

  • App: Go to Assets > Add Funds > Fiat Deposit, or select Fiat Deposit under Buy Crypto.
  • Web: Go to Assets > Deposit > Fiat Deposit, or select Fiat Deposit from the Buy Crypto menu.

Step 2: Enter the Deposit Amount

Enter the amount of fiat currency you wish to deposit.

Review the bank transfer details displayed on the deposit page before proceeding.

Step 3: Complete the Bank Transfer

Follow the instructions provided on the deposit page to transfer funds from your bank account.

Important:

  • Account Name: The bank account used for the transfer must be registered under the same name as your verified BloFin account. Transfers from third-party bank accounts will be returned.
  • Reference Code: You must include the required Reference Code when making your bank transfer. This code allows BloFin to identify and match your deposit to your account. Without the correct Reference Code, your deposit may not be successfully matched.

Step 4: Receive Your Fiat Balance

Once your bank transfer has been received and successfully processed, the deposited amount will be credited to your Fiat Balance in your Account.

You can then use the available Fiat Balance to purchase cryptocurrency on BloFin.


2. How to Buy Crypto Using Fiat Balance

Step 1: Go to Buy Crypto

Log in to your BloFin account and navigate to Buy Crypto.

Step 2: Select the Cryptocurrency and Enter the Amount

Choose the cryptocurrency you wish to purchase and enter your desired purchase amount.

Step 3: Select Fiat Balance as Your Payment Method

Select Fiat Balance from the available payment methods.

Ensure that you have sufficient available Fiat Balance to complete the purchase.

Step 4: Review and Confirm Your Order

Carefully review the order details, including the purchase amount and applicable fees, if any.

Once everything is correct, confirm your purchase.

After the transaction is successfully completed, the purchased cryptocurrency will be credited to your BloFin account.


Disclaimer

This content is provided for informational purposes only and may cover products that are not available in your region. Digital asset price is volatile. BloFin is not responsible for any potential losses. You are solely responsible for your investment decisions. Not financial advice. Do your own research.

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