Buying Beaxy (BXY) on Binance
You can find many trading platforms today on the Internet, but without a doubt Binance is one of the most popular and reputed.
But if you need to start trading on it, the first thing you should do is to learn how to purchase Beaxy (BXY).
Stay on this article and you’ll see all the information you should have for purchasing crypto on Binance.
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Discover ways to register on Binance
Registering on the Binance platform is the very first step you must complete.
Registering to the Binance platform is easy: check the following instructions.
See a Binance homepage and press on the "Register" key.
Here you have the direct link to Binance.
In the Binance main page you’ll see a button with the label "Register with a phone or email". Click on it.
The Binance platform is totally compatible with Apple mobile devices as well.
In this guide we’ll will describe the subscription technique using an email address.
- In the window that is displayed, choose your country of residence from the drop down list.
- Now the extremely important part: password. Select an alphanumeric word strange enough not to be simply deducted. Don’t use your birth date, middle name or things like that. Keep in mind that it’s your money what will be protected by that word
- Whether you wish to be informed periodically via e-mail about Binance news, check in the corresponding option. Then you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Now it only needs to be verified via e-mail
See the inbox in the email address you utilized for sign up and look for the activation code for your Binance account. Enter it in the corresponding line and click on "Send"
And that’s all! You are now subscribed to Binance.
Take a time to get acquainted to the different areas of the Binance platform by navigating through them.
That’s the best way to know how friendly the Binance platform is, and how quick you can start operating with Beaxy (BXY).
The ID checking is a mandatory step you have to fulfill to get access to all these options.
Notice: No Beaxy (BXY) trading will be permitted if you ignore this protection measure.
In the next paragraphs, you’ll be guided about how to do it. Zero problems.
How to verify your account and get started on trading
See the next guidelines and become an authorized user:
On the main screen, hover the mouse on the user profile menu and a list will immediately drop down where you will need to click on "Security"
You can also click the "Verify" button on the upper part of the navigator window
Click "Identification" on the left list of options.
Select your Country of Residence.
On this screen you’ll will find 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Now you should choose "Verified", clicking on the "Start now" option below it.
A pop-up window will appear, and there you’ll be required to provide your personal data: Nationality, first name and last name, second name and date of birth. Also, make sure you give the exact address of your residence
Here, the Binance platform will ask you to show a legal document for identity verification.
You can do this by using your passport, ID card, or license.
In the next stage, you will have to take a selfie, following the platform’s guidelines.
Now you will have to wait for a short period while an account verification process takes place.
Now you must wait until your application has been accepted. Be patient, Binance will let you know via e-mail.
Congratulations! As soon as you’ve received the confirmation you’re officially authorized to operate with Beaxy (BXY). The following instructions will be helpful.
Purchasing Beaxy (BXY) on Binance
OK, account verified means you can begin purchasing Beaxy (BXY) immediately.
Learning how to buy a Beaxy (BXY) is not so difficult.
Now you’ll need to provide a legal document to check your identity.
ID card, passport or even a license are all valid documents to complete this formality.
Follow the system instructions to take a selfie.
Now you’ll have to wait for a short time while an account verification process is performed.
Now you have to wait until your request has been accepted. Be patient, Binance is going to let you know via e-mail.
Congratulations! Now you’re officially authorized to operate with Beaxy (BXY). See the guidelines that follow.
Learn to buy Beaxy (BXY) on Binance
Since you are subscribed to the Binance platform and got your account confirmed, you are able to begin trading.
Learning how to convert cash into Beaxy (BXY) is not that hard.
Take into account that you could have different alternatives for this process
To know which alternatives you have when making a purchase, look for the "Buy cryptos" menu on the Binance homepage.
You should, of course, make this happen once you are logged into your account
Hovering your mouse pointer over this button will show a list of alternatives for making the purchase.
The next step is to verify your identity using a legal document.
ID card, passport or even a license will be enough to fulfill this formality.
Now the system will ask you to take a selfie following certain instructions.
Once you have fulfilled the platform’s guidelines, you will have to wait a moment while your account is verified.
All you need to do is be patient, Binance is going to let you know via e-mail when your profile has been accepted.
Congratulations! Now you’re officially enabled to buy Beaxy (BXY). The following guidelines will be helpful.
Learn to buy Beaxy (BXY) on Binance
Starting your Beaxy (BXY) trading adventure has never been so simple, right?.
Understanding how to make a purchase of Beaxy (BXY) is not so difficult.
You will probably find more than one option throughout the process
Use the "Buy cryptos" menu on the Binance homepage to know which alternatives can be found when buying.
You must, of course, try this after you’ve logged into your account
Unveil all the different buying options just by placing your mouse over this button.
Using your debit or credit card for buying Beaxy (BXY)
The first thing you must do to purchase the Beaxy (BXY) of your choice using a credit card, should be to select this method from the drop-down menu labeled "Buy Cryptos".
The following instructions will be helpful to continue the process:
In the next box, pick the currency you wish to use and type how much you are going to invest.
In the second field you should select the Beaxy (BXY) you would like to buy
The number of Beaxy (BXY) you will receive will depend upon the amount of USD you have just defined. The Binance system will automatically display it.
These instructions will help you in the process:
Currency preferred and how much you’ll invest must be specified here.
In the next field you must pick the Beaxy (BXY) you intend to get
The number of Beaxy (BXY) you’ll get will depend upon the amount of USD you have previously specified. The Binance platform will immediately show it to you.
Now select "Continue".
In case you decided to pay with your credit card, go to the "Visa/Mastercard" box and click on the "Add card" option.
Type your card details and click "Next".
The next field is intended to enter the address associated to the credit card. Write it exactly as it is, then press "Add card".
With this, your card will be added to the valid methods of payment in your user profile. Press "Continue".
The next screen will display an overview of the operation about to be completed. It includes the amount you are paying, the selected currency and the amount of Beaxy (BXY) bought.
Certainly, Binance will claim a small amount as a commission for making the purchase, and it will be shown in that overview as well.
Within the next 60 seconds click on "Confirm", after that time the order will be automatically canceled.
Next, you will be redirected towards the site of the credit card issuing bank. Follow the steps in the same way you would normally pay with your card.
Your recently purchased Beaxy (BXY) will be deposited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been finished
Buy Beaxy (BXY) with Binance P2P
You can buy Beaxy (BXY) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. To get this done, the first step is to define which payment method you would want to work with.
Next, all the important details of the transaction will be displayed: the sum you’ll pay and the corresponding currency, and of course, the cryptos you are going to get.
Another important detail in this summary is the amount you’ll be charged as a commision for making the operation.
Now you have to certify the order pressing the "Confirm" button during the next minute, or it will be automatically shut down.
The following step needs to be carried out on the credit card bank platform. Follow the steps in the same way you would normally pay with your card.
You may check your Binance digital wallet (referred to as the «Spot Wallet») when the banking procedure is complete and you’ll see your recently purchased Beaxy (BXY) already there
Buy Beaxy (BXY) through Binance P2P
A different way to purchase crypto is to trade it
with another person. Payment method is the first setting you must define.
- Login to the "Security" section of your account.
- Look for the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- Choose "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Once you finished configuring the new method of payment to your profile, go to the "Buy Crypto" menu (upper part of the screen), find the "Trading P2P" option, and follow the instructions below:
- Click on the "Buy" option on the upper bar of the "P2P Account" tab
- The complete set of Beaxy (BXY) available for buying via P2P operations will be displayed in this list, so you will be able to select the one you’re interested in. As for this example, we present «USDT».Buying any crypto in P2P trading will allow the trader to exchange it on Binance for any of the currencies available.
- Select the local currency you want to make the payment with from the drop-down list under the "Fiat" label, for example, «VES».
- You must enter the sum in VES you’re going to invest in the "Amount" box.
- You will be able to see a list of traders’ offers a little while after you choose the payment method.
- Locate a seller from the list shown. We recommend that you pick a verified one with a high percentage of sales completed.
- Now press "Buy USDT"
- Type the amount in VES you would want to invest
- Select "Buy USDT" again
- Now a buying order has been opened and you’ll be able to contact the seller. Pay, click on "Transferred, Next", then press "Confirm". Notice that there’s a limited time for you to pay.
Ways to transfer your Beaxy (BXY) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception validation has been done.
The default place where Beaxy (BXY) are added to is your Binance wallet.
Note that you need to move them to your Spot Wallet in order for you to get another crypto.
You can move them immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t be concerned, you can do it later.
Ways to transfer your Beaxy (BXY) to the Spot Wallet
The seller, upon confirming payment reception, will immediately release the Beaxy (BXY).
You may see your wallet Binance balance to confirm reception.
NB: you will need to send them to your Spot Wallet in order for you to get another cryptocurrency.
You can do this immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Beaxy (BXY) internal movement can be carried out whenever you need.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down menu.
- See the "Transfer" option on the upper right area of the screen and press it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Choose the currency according to your funds in the platform, in this example we’ll use «USDT»
- Enter the amount you are about to move to the spot walet and click "Confirm".
Perfect! Now you have money available to trade any of the several Beaxy (BXY) in the Binance platform.
To buy Beaxy (BXY) from Binance all you have to do is described below:
- Select the "Trading" option in the upper panel.
- From that list select the "Convert" option.
- Enter the amount of «USDT» you wish to invest.
- Choose the cryptocurrency you would like to purchase.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s it! This way you will have money in the Spot Wallet so you will be able to buy any of the numerous Beaxy (BXY) that the Binance platform has.
See how easy is to buy any crypto from Binance:
- Select the "Trading" option in the top section.
- From the list choose the "Convert" option.
- Fill in the box the sum of «USDT» you wish to spend.
- Select the crypto you wish to buy.
- Press "Preview conversion".
- Confirm the operation and that’s all. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
Based on the information above, you are now ready to start out trading on the Binance platform.
Don’t wait any further and start generating some extra money.