Invest in Bancor (BNT) Token - Project explained, price and staking

How to purchase Bancor (BNT) on Binance

There are many trading platforms today on the WWW, but clearly Binance is among the most popular and innovative.

Therefore, the first thing you have to to do if you want to get started trading on it is to discover how to get Bancor (BNT).

This article will try to guide you about how to purchase Bancor (BNT) on the Binance Bancor (BNT) exchange.

Understand how to register on Binance

The only way to get started in trading on Binance is registering to it.

Easy registration: just follow the detailed guidelines below.

Navigate to the Binance main page and press on the "Register" button.

You may access directly by clicking here.

Locate the "Register with a phone or email" button in the main page and click on it.

iOS mobile phones or tablets can be used to do this as well.

For the purpose of this article, the email address registration technique will be shown.

• First, pick the country from the drop down list according to the one you’re living in.
• The next step is choosing a secure password. This is of vital importance since it’s all about your money, so you must to invent a robust one
• Mark whether you want Binance to send information and news direct to your e-mail. Accept the "Terms of Service" and press "Create Account"

By now, you surely have received an email in the address you’ve just used for creating your Binance account. In its text you’ll see a one-time-only activation code you will enter in that page. Then click on "Send"

You’re now a Binance user!.

It would be a nice idea to navigate through the different options of the Binance platform and get acquainted to them.

This way you mayyou will be able to begin operating with Bancor (BNT) easily.

Complete the mandatory identity verification to enable all these options.

It is very important to note that unless you fulfill this safety step, you’ll not get permission to start operating with Bancor (BNT).

No big deal, though. Continue reading through the next instructions to complete that step.

Verify your account to get started trading

The following are the guidelines to verify your Binance account and get the authorization to start operating:

Select "Security" from the drop-down list under the user profile button

You can also click the "Verify" button at the top of the screen

Locate the option "Identification" on the left side of the screen.

Here you should select your country of residence.

The platform displays you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.

Begin by clicking on "Start now" just near the "Verified" level.

Then it displays a pop-up window in which you will need to tytpe the following data:

• Nationality.
• First and Last Name.
• Second name and date of birth.
• Exact address of your residence.

Now you’ll have to to show a legal document to corroborate your identity.

You can do this with your ID card, passport, or license.

Now the platform will require you to take a selfie following certain guidelines.

When you have completed the platform’s instructions, you will have to wait a moment for the confirmation to be performed on your account.

Now you must wait until your request has been accepted. Be patient, Binance will let you know via email.

Congratulations! Now you’re officially authorized to trade Bancor (BNT). See the guidelines that follow.

Buying Bancor (BNT) on Binance

Learning how to convert cash into Bancor (BNT) is actually quite easy.

The next step is to sustain your identity with a legal document.

Use your ID card, passport or even your driver’s license to complete this step.

In the next step, you will have to take a selfie, according to the platform’s guidelines.

Now you’ll have to wait for a short period while an account confirmation process takes place.

Now wait patiently, Binance will send you an email as soon as your application has been accepted.

Upon receiving that email it’s time to get Bancor (BNT), just see the instructions below.

Purchasing Bancor (BNT) on Binance

The first thing is to understand how to invest your money in Bancor (BNT).

Take into account that you may have different options for this process

The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.

Obviously, you’ll only be able to do this once you are logged in

Find all the different purchase options just by placing your mouse over this button.

It is time to check your identity using a legal document.

passport, ID card or even a license are all valid documents to fulfill this condition.

In the next step, you will be asked to take a selfie, according to the application’s guidance.

Now you’ll have to wait for a short period while an account confirmation process is performed.

All you need to do is be patient, Binance will let you know via email as soon as your request has been approved.

Congratulations! As soon as you’ve received the confirmation you’re officially enabled to operate with Bancor (BNT). See the guidelines that follow.

Purchasing Bancor (BNT) on Binance

In this section you’ll discover how easy is to convert money into Bancor (BNT).

Some steps would probably have optional paths

To find out which alternatives are available to you when making a purchase, look for the "Buy cryptos" menu on the Binance main page.

Obviously, you’ll only be able to do this once you are logged in

See all the different buying options just by hovering your mouse over this button.

Did you know you could use your credit or debit card to purchase cryptocurrencies?

Go to the "Buy Cryptos" and select the credit card-related option from the menu.

Next, just adhere to these guidelines:

Currency preferred and amount of the investment must be specified in the next box.

Next, choose the Bancor (BNT) you are going to buy

Depending on the amount of USD you’ve just specified, the platform will automatically display the quantity of Bancor (BNT) you are going to get.

These instructions will help you in the process:

Currency preferred and how much to invest must be indicated in the next box.

In the second field you must choose the Bancor (BNT) you wish to buy

Taking into account the amount of USD you have recently indicated, the platform will immediately display the quantity of Bancor (BNT) you are going to get.

Click on "Continue".

To add your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" option.

Indicate your CC data and press "Next".

Your credit card’s associated address must be indicated next. Try not to miss a single character, since you’ll need to type it exactly as it is, otherwise your card won’t be admitted. Then press "Add card".

Press "Continue" after you check your card has been successfully added to your account as a new payment method.

Next, all the important details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and obviously, the cryptos you are going to get.

In fact, Binance will take a small amount as a commission for making the operation, and that will appear in that snapshot also.

Now you have to certify the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically canceled.

The system will now reroute you to the credit card issuing bank. Follow the instructions in the same way you would normally pay with your credit card.

Your recently purchased Bancor (BNT) will be deposited to your Binance digital wallet (referred to as the «Spot Wallet») once the banking process is complete

Buy Bancor (BNT) with Binance P2P

The next screen will display a summary of the transaction about to be completed. It includes the sum you are paying, the chosen currency and the quantity of Bancor (BNT) you will receive.

Another important detail in this quick view is the sum you’ll be charged as a commision for making the operation.

Within the next 60 seconds press "Confirm", from then on the order will be automatically canceled.

The following step has to be done on the credit card bank system. Then you will make a standard on-line payment using your credit card.

You can check your Binance e-wallet (called the «Spot Wallet») when the banking process has been finished and you’ll find your recently bought Bancor (BNT) already credited

Learn how to purchase Bancor (BNT) with Binance P2P

1. Go to your profile and select "Security".
2. Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
3. Press the "Add a Payment Method" button and follow the system instructions.

Now that the new method of payment has been configured in your account, go to the top part of the display and pass over "Buy Crypto" to drop-down the menu and choose "Trading P2P". Then see the following instructions:

1. On the top bar of the "P2P Account" tab, pick "Buy"
2. In this bar you’ll find the list of Bancor (BNT) available for purchase via P2P trading. Pick the one you want, in our case we use «USDT» as an example.Purchasing any crypto in P2P trading allows the trader to exchange it on Binance for any of the foreign currencies available.
3. Locate the "Fiat" column on the top menu and reveal the drop-down menu to see all available currencies. Let’s use «VES» in this example.
4. You must type the sum in VES you’re going to use in the "Amount" box.
5. You will see a list of dealers’ ads a little while after you’ve defined the payment method.
6. Select a trader from the list shown. We suggest that you choose a verified one with a high percentage of sales completed.
7. Next select "Buy USDT"
8. Type the amount in VES you wish to pay
9. Again, press "Buy USDT"
10. A purchase order has been generated and the trader and you will be able to contact each other for details, in case you need it. You have a time limit to pay, otherwise the order will be aborted by the system (something bad for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".

Ways to transfer your Bancor (BNT) to the Spot Wallet

Cryptos will be released by the trader as soon as payment reception validation has been done.

You may check your wallet Binance balance to confirm reception.

Take into account that your Bancor (BNT) must be in your Spot Wallet in case you would want to get others, so you need to move them there before.

That’s quite simple: just press "Transfer to Spot Wallet" immediately after the buying order is completed.

Should you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll always be able to do it at any moment.

Learn how to transfer your Bancor (BNT) to the Spot Wallet

After you have completed a payment to the trader, they may release the Bancor (BNT), just by confirming payment reception.

You may verify your wallet Binance balance to confirm reception.

Take into account that your Bancor (BNT) must be in your Spot Wallet in order for you to get others, so you need to move them there before.

That’s easy: just press "Transfer to Spot Wallet" immediately after the buying order has been completed.

This Bancor (BNT) internal transfer can be performed whenever you need.

1. Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
2. See the "Transfer" button on the upper right area of the screen and press it.
3. A new window will pop-up, where you must configure the options to:
• From: "Funds"
• To: "Fiat and Spot"
4. Choose the currency according to the funds you have in the platform, in this example we’ll use «USDT»
5. Set the amount you are about to send for the Exchange and click "Confirm".

That’s all! Now you will have money in the Spot Wallet so you will be able to buy any of the several of Bancor (BNT) within the Binance platform.

Purchase any crypto from Binance just following the instructions described next:

1. In the upper panel, find the "Trading" menu.
2. Pick "Convert" from the list.
3. Type the sum of «USDT» you would like to invest.
4. Now select the cryptocurrency you’re interested in.
5. Click on "Preview conversion".
6. Confirm the transaction and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.

With these money already in your Spot Wallet, nothing keeps you from purchasing any cryptocurrency you consider will yield the greatest profit.

To purchase Bancor (BNT) from Binance all you have to do is described below:

1. Select the "Trading" menu in the top upper panel.
2. Click on "Convert" from the list.
3. Fill in the box the sum of «USDT» you would like to invest.
4. Now indicate the crypto you’re about to buy.
5. Click on "Preview conversion".
6. Validate the transaction and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.

This article have surely pictured you a wide panorama of what Binance is and how you can do business with Bancor (BNT) on it.

Don’t wait any longer and start earning some extra money.