An electronic device and a method thereof, which supports fast wireless charging, are provided. The electronic device includes a wireless power circuit, and one or more processors which are functionally connected with the wireless power circuit, wherein the one or more processors are configured to execute detecting an external electronic device through the wireless power circuit, determining wireless power information corresponding to the external electronic device, determining whether the external electronic device supports a first charging power or a second charging power, at least partially based on the wireless power information, providing the first charging power to the external electronic device through the wireless power circuit, at least partially based on the determination that the external electronic device supports the first charging power, and providing the second charging power to the external electronic device through the wireless power circuit, at least partially based on the determination that the external electronic device supports the second charging power.