Verify Binance Pay & Deposits via API — Real-Time, Non-Custodial

Quick Answer: ShegerPay verifies Binance Pay payments and on-chain Binance deposits in about 30 seconds through one REST API call. The customer pays from their Binance wallet, funds settle in the merchant's Binance account or on-chain address, and ShegerPay's webhook fires with payment.verified. ShegerPay never holds the funds — no merchant license required.

What is Binance?

Binance is the world's largest cryptocurrency exchange by volume, with spot, P2P, futures, and Binance Pay merchant rails. Binance Pay is a contactless, borderless crypto payment service that lets users pay merchants in 70+ cryptocurrencies. Binance spot deposits land at on-chain addresses owned by the user.

How Binance verification works with ShegerPay

1. Customer pays via Binance Pay (merchant order) or sends an on-chain deposit (TRC20/ERC20/BSC) to the merchant's address
2. Binance Pay confirms the order, or the chain confirms the on-chain transfer
3. Merchant backend POSTs to /api/v1/verify with provider=binance and the order ID or tx hash
4. ShegerPay returns verified=true with payer, amount, asset, network, then fires the webhook

Code example

curl -X POST https://api.shegerpay.com/api/v1/verify \
  -H "X-API-Key: sk_test_demo" \
  -H "Content-Type: application/json" \
  -d '{"provider":"binance","transaction_id":"BPay-20260513-ABCD1234","amount":50,"asset":"USDT"}'

import ShegerPay from '@shegerpay/sdk';
const sp = new ShegerPay('sk_test_demo');
const result = await sp.verify({
  provider: 'binance',
  transactionId: 'BPay-20260513-ABCD1234',
  amount: 50,
  asset: 'USDT'
});

from shegerpay import ShegerPay
sp = ShegerPay('sk_test_demo')
result = sp.verify(provider='binance', transaction_id='BPay-20260513-ABCD1234', amount=50, asset='USDT')

$sp = new ShegerPay\Client('sk_test_demo');
$result = $sp->verify([
  'provider' => 'binance',
  'transaction_id' => 'BPay-20260513-ABCD1234',
  'amount' => 50,
  'asset' => 'USDT'
]);

Binance-specific features

• Binance Pay merchant orders — verify Binance Pay order IDs directly via the Binance Pay API
• Spot deposits — verify on-chain deposits to your Binance address across TRC20, ERC20, BEP20 (BSC), and BTC networks
• P2P-friendly — Binance P2P fiat trades that complete on-chain are also verifiable
• Multi-asset — USDT, USDC, BTC, ETH, BNB, and 70+ assets
• Auto-network detection — pass transaction_id only and ShegerPay infers the network from the hash format

Why ShegerPay for Binance

• Non-custodial — funds settle directly to your Binance account or wallet
• No merchant license required
• ~30-second verification (one block on TRC20/BEP20)
• Crypto verifications included on Business plan
• HMAC-SHA256 webhook signatures
• 12 official SDKs

Pricing for Binance verification

• Free: 100 verifications/month (fiat)
• Startup ($9/mo): 2,000 verifications
• Business ($29/mo): 10,000 verifications + crypto (Binance, Bybit, USDT, BTC, ETH)
• Enterprise: custom

Comparison

FAQ

How fast is Binance verification with ShegerPay? Binance Pay orders verify in 2–5 seconds via API. On-chain deposits verify in ~30 seconds (one TRC20/BEP20 block) once broadcast.

Do I need a Binance merchant account? For Binance Pay merchant orders, yes — Binance merchant onboarding is required. For on-chain spot deposits, any Binance account works.

Which networks are supported? TRC20, ERC20, BEP20 (BSC), and BTC. The ShegerPay response includes the detected network.

Does ShegerPay hold Binance funds? No — funds settle directly to your Binance account or wallet.

Is there a sandbox/demo for Binance? Yes — use sk_test_demo on any endpoint without signup. Test order IDs are accepted.

What happens if Binance verification fails? API returns verified=false with reason: not_found, pending, expired, or amount_mismatch.

Related: Pricing · Docs · Verify Bybit · Verify USDT · Verify Bitcoin

Contact: [email protected] · +251 998 169 242