Buying Alchemy Pay (ACH) on the Binance platform
There are a lot of trading platforms today on the Internet, but clearly Binance is one of the most popular and reputed.
But if you need to get started trading on it, the first thing you have to do is to learn how to purchase Alchemy Pay (ACH).
Stay on this article and you will discover all the information you should have for purchasing crypto on Binance.
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How to register on Binance
There’s only way to get started in operating within Binance: opening an account in it.
Just follow each of the guidelines below.
Search for the "Register" button in the Binance main page and press on it to start the registration process.
You have the direct link here.
In the Binance main page you’ll see a button named "Register with a phone or email". Press it.
Apple devices can be used to do this as well.
Here we’ll will describe the subscription process using an e-mail address.
- In the screen that is displayed, choose your country of residence from the drop down list.
- Now, type your e-mail address and a password. Be well aware that you will trade money, you should give relevance to the password you set up
- Whether you want to be updated periodically via email about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via email
See the inbox in the email address you indicate at enrollment and look for the activation code for your account. Write it in the corresponding box and click on "Send"
And that’s all! You are now registered to Binance.
Take a time to become familiar with the different options of the Binance platform by browsing them.
That’s the best way to know how practical the Binance platform is, and how quick you can start operating with Alchemy Pay (ACH).
To get access to those options, the first thing you need to do is complete the ID checking.
Please, take into account that it is only after you have fulfilled this safety step that you’ll get permission to begin operating with Alchemy Pay (ACH).
In the next section, you’ll see how to do that. Zero problems.
Verify your account to start out trading
To become a certified user you must follow the steps below:
From the user profile menu, select "Security"
Another option is to go to the top of the screen and click on the "Verify" button
In the list shown on the left-hand area of the navigator window, pick the "Identification" option.
Here you must pick your country of residence.
Next, the 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Here you must choose "Verified", clicking on the "Start now" option below that label.
Then it shows a pop-up window where you should tytpe the following info:
- Nationality.
- First Name and Surname.
- Middle name and date of birth.
- Exact address of your residence.
Here, the Binance platform will ask you to present a legal document for identity verification.
Use your passport, ID card or even your license to complete this step.
In the next step, you will be asked to take a selfie, according to the application’s requirements.
After fulfilling all those steps, the Binance platform will execute a verification process on your account.
As soon as your profile has been accepted, you will be notified via email, just be patient.
The following instructions will guide you through the Alchemy Pay (ACH) purchasing process. As soon as you’ve received the confirmation email, you’re a Binance licensed Alchemy Pay (ACH) trader.
Learn to buy Alchemy Pay (ACH) on Binance
All right, account confirmed means you can begin purchasing Alchemy Pay (ACH) immediately.
Understanding how to invest your money in Alchemy Pay (ACH) is not so difficult.
The next step is to support your identity with a legal document.
You can do this by using your ID card, passport, or license.
Now the system will ask you to take a selfie following certain instructions.
The final step is on Binance’s side: a corroboration process that will just take a while.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to send you an e-mail.
Upon receiving that e-mail it’s time to purchase Alchemy Pay (ACH), to do so see the instructions below.
Purchasing Alchemy Pay (ACH) on Binance
Since you have subscribed to the platform and have your account validated, you can begin trading.
In this section you’ll learn how easy is to make a purchase of Alchemy Pay (ACH).
Some processes may have optional paths
To find out which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must be logged into your account to be able to do this
Placing your mouse pointer over this button will show a list of alternatives for making the purchase.
Here, the Binance platform will ask you to provide a legal document for identity checking.
passport, ID card or even a license are all valid documents to fulfill this formality.
Follow the system guidelines to take a selfie.
Once those requisites have been fulfilled, the Binance system will execute a verification process on your account.
Now you have to wait until your request has been approved. Be patient, Binance will let you know via e-mail.
Upon receiving that email it’s time to purchase Alchemy Pay (ACH), just see the instructions below.
Learn to purchase Alchemy Pay (ACH) on Binance
Since you are registered on the platform and have your account approved, you are able to start trading.
First you need to discover how to invest your money in Alchemy Pay (ACH).
Take into account that you may find different alternatives for this process
Look for the "Buy cryptos" menu on the Binance main page to know which options are available to you when making a purchase.
Needless to say you must login to your account to do this
Move your mouse over this key and a list of buying alternatives will deploy.
Buying Alchemy Pay (ACH) using a credit/debit card
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for further instructions:
Currency to be used and amount of the investment must be defined in the next box.
Next, pick the Alchemy Pay (ACH) you’re going to get
Depending on the amount of USD you’ve recently defined, the platform will automatically display the quantity of Alchemy Pay (ACH) you will be given.
Next, just observe these instructions:
In the next box, choose the currency you wish to use and indicate the amount you are going to invest.
Next, choose the Alchemy Pay (ACH) you’re going to get
The quantity of Alchemy Pay (ACH) you will receive will depend upon the amount of USD you’ve recently indicated. The Binance system will automatically show it to you.
Now select "Continue".
In case you’re going to pay with a credit card, pick in the "Visa/Mastercard" field the button "Add card".
Then the platform will prompt you to type your card numbers.
Your credit card’s associated address must be indicated next. Be very careful, since you’ll need to write it exactly as it is, otherwise your card won’t be approved. Then choose "Add card".
Now that your new card has been successfully included, click on "Continue".
Next, you’ll be presented a snapshot of the operation in its final stage. That includes the sum you will pay, the selected currency and the amount of Alchemy Pay (ACH) purchased.
Another important detail in this quick view is the percentage you’ll be charged as a commision for making the transaction.
Now you have to certify the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically canceled.
The next step must be carried out on the credit card bank platform. Then you will complete a standard online payment with your credit card.
You can check your Binance e-wallet (referred to as the «Spot Wallet») after the banking process is complete and you’ll see your recently purchased Alchemy Pay (ACH) already there
Know how to buy Alchemy Pay (ACH) via Binance P2P
You could get Alchemy Pay (ACH) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To achieve this, the first step is to state which payment method you wish to make use of.
The system will now display the details of the purchase order you are about to complete. The amount your card will be charged in the currency you’ve picked, and the Alchemy Pay (ACH) you will receive.
It will also state the commission will be charged for the purchase.
You have 1 minute to click on "Confirm", otherwise the order will be automatically canceled.
The following step needs to be done on the credit card banking system. Follow the directions in the same way you would pay with your credit card.
Once the banking procedure has been finished, you will have your recently bought Alchemy Pay (ACH) in your Binance digital wallet (called the «Spot Wallet»)
Purchase Alchemy Pay (ACH) via Binance P2P
An optional way to purchase crypto is to trade it
with another trader. Payment method is the first parameter you must indicate.
- Select "Security" in your profile.
- In the list on the left-hand side choose "Payment".
- Choose "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Now that the new method of payment has been configured in your account, go to the upper bar of the navigator and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following steps:
- On the top bar of the "P2P Account" menu, pick "Buy"
- Here you can choose the Alchemy Pay (ACH) you’re interested in, among all those available for purchase via P2P operations. We present «USDT» in this example.Buying one of these Alchemy Pay (ACH) through P2P trading will allow the trader to exchange it on Binance for any of the currencies available.
- Locate the "Fiat" label on the upper tabs and deploy the drop-down list to find all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, indicate the sum in VES you intend to buy with.
- You will be able to see a list of dealers offering cryptos as soon as you’ve selected the method of payment.
- From the list list shown, you can choose any of the traders. However, it is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Write the amount in VES you would want to invest
- Select "Buy USDT" again
- A buying order has been created and the seller and you will be able to contact each other for further details, in case you need it. You have a time limit to make the payment, if you fail doing so the order will be terminated by the platform (something bad for your reputation as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
How you can transfer your Alchemy Pay (ACH) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception acknowledge has been done.
The default place where Alchemy Pay (ACH) are transferred to is your Binance wallet.
However, in case you would want to purchase any other Alchemy Pay (ACH), you will have to send them to your Spot Wallet.
You can move them immediately right after the purchase order is completed just by clicking "Transfer to Spot Wallet".
This Alchemy Pay (ACH) internal movement can be done whenever you need.
How to transfer your Alchemy Pay (ACH) to the Spot Wallet
Once you have made a payment to the seller, they will be able to release the Alchemy Pay (ACH), just by confirming payment reception.
So, they will instantly be added to your wallet balance.
NB: you need to move them to your Spot Wallet in order for you to purchase any other crypto.
To get this done, you only need to click on "Transfer to Spot Wallet" right after the buying order is completed.
In the event you didn’t follow this step, don’t get worried, you can do it later.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- See the "Transfer" option on the upper right area of the screen and press it.
- Set the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- For this article, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Enter the amount you are sending for the Exchange and press "Confirm".
Perfect! Now you have funds available to buy any of the several Alchemy Pay (ACH) in the Binance platform.
To purchase Alchemy Pay (ACH) from the Binance platform all you have to do is described below:
- In the top section, loate the "Trading" option.
- From that list choose the "Convert" option.
- Type the sum of «USDT» you wish to invest.
- Select the crypto you intend to get.
- Select "Preview conversion".
- Validate the transaction and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have funds available to trade any of the several Alchemy Pay (ACH) in the Binance platform.
Purchase any crypto from the Binance platform just following the instructions described below:
- Find the "Trading" option in the top top panel.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you want to invest.
- Choose the cryptocurrency you intend to get.
- Click on "Preview conversion".
- Confirm the transaction and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
Based upon the above mentioned information, you are now ready to start trading on Binance.
So, no need to think twice, make a fruitful business in this cryptocurrency platform.