Buying BFG Token (BFG) on Binance
There are a lot of trading platforms on the ’net nowadays, but undoubtedly Binance is among the most popular and innovative.
Therefore, the first thing you should to do if you want to begin trading on it is to understand how to purchase BFG Token (BFG).
This post will try to teach the reader about how to trade with BFG Token (BFG) on the Binance BFG Token (BFG) platform.
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Figure out how to register on Binance
Registering on the Binance platform is the very first step you have to complete.
Quick and easy registration: just follow the guidelines below.
Search for the "Register" button in the Binance main page and click on it to start the registration process.
You have the direct access here.
At this moment click on the "Register with a phone or email" button.
iOS devices can be used to do this as well.
In this guide you’ll will see the subscription process using an email address.
- From the drop-down list of countries, select the one you’re living in.
- The next step is creating a safety password. This is of vital importance since it’s all about your money, so you need to define a robust one
- Now you must accept "Terms of Service" and, if you would want to get information, news and updates from Binance in your e-mail address, check in the corresponding box
You surely have received an email sent to the address you’ve just used for subscribing on the Binance platform. In its text you’ll find an activation keycode you will enter in that page. Then press "Send"
You’re now a Binance subscriber!.
Now you can navigate the Binance platform and observe all the options it has to offer.
That’s the best way to understand how friendly the Binance platform is, and how fast you can begin operating with BFG Token (BFG).
The ID verification is a mandatory step you must fulfill to get access to all these options.
Warning: No BFG Token (BFG) operation will be allowed if you overlook this safety step.
In the following instructions, you’ll learn how to do that. Zero problems.
Verify your account to start trading
These are the guidelines to verify your Binance subscription and get the permission to begin operating:
From the user profile menu, select "Security"
Or simply look for the "Verify" button on the upper part of the navigator window
Locate the option "Identification" on the left side of the navigator window.
Country of residence should be chosen here.
You’ll will find three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Now you should choose "Verified", pressing the "Start now" option under it.
Then it displays a pop-up window in which you should provide the following info:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
At this point, the Binance platform will require you to provide a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
Now the platform will require you to take a selfie under certain conditions.
After you have completed the system’s requirements, you’ll have to wait a moment for the confirmation to be performed on your account.
Now you have to wait until your profile has been approved. Be patient, the platform is going to send you an e-mail.
After that, it’s time to buy BFG Token (BFG), just see the guidelines below.
How to purchase BFG Token (BFG) on Binance
Since you are registered on the platform and got your account validated, you’re able to start trading.
The first step is to understand how to invest your money in BFG Token (BFG).
Next, you’ll have to to use a legal document to check your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, following the platform’s instructions.
Now you’ll have to wait for a short period while an account verification process is performed.
When your profile has been accepted, you will be informed via e-mail, just be patient.
Congrats! Now you’re officially enabled to trade BFG Token (BFG). The following instructions will be helpful.
Purchasing BFG Token (BFG) on Binance
Beginning your BFG Token (BFG) trading adventure has never been so simple, right?.
Understanding how to convert cash into BFG Token (BFG) is not that hard.
Be aware that you could have more than one option for this process
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
Needless to say you must be logged into your account to be able to do this
Place your mouse on this option and a list of buying alternatives will be displayed.
Next, you’ll have to to present a legal document to support your identity.
ID card, passport or even a license will be enough to fulfill this condition.
Now the system will ask you to take a selfie following certain instructions.
Once those requirements have been fulfilled, the Binance system will carry out a verification process on your account.
Now you have to wait until your application has been approved. Be patient, the platform is going to let you know via email.
The following instructions will guide you through the BFG Token (BFG) purchasing process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed BFG Token (BFG) trader.
Buying BFG Token (BFG) on Binance
Since you are subscribed to the Binance platform and got your account approved, you are OK to begin trading.
In this segment you’ll see how simple is to convert cash into BFG Token (BFG).
Some steps may have alternative paths
To know which alternatives can be found when buying, browse through the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this key will show a list of alternatives to make the purchase.
Buying BFG Token (BFG) using a credit/debit card
The first thing you must do to purchase the BFG Token (BFG) you want using a credit card, should be to select this method from the "Buy Cryptos" drop-down menu.
Next, just adhere to the following guidelines:
Now you must choose the currency you wish to use and type how much you are going to invest.
The the BFG Token (BFG) you would like to purchase should be indicated in the second field
According the amount of USD you’ve just stated, the platform will immediately display the quantity of BFG Token (BFG) you’ll get.
Continue reading for further instructions:
In the next box, choose the currency you’d like to use and specify the amount you want to invest.
The the BFG Token (BFG) you intend to get should be indicated in the second field
Once you do so, the platform will automatically show you the quantity of BFG Token (BFG) you are going to receive, considering the amount of USD you have previously stated.
Press "Continue".
To use your CC as a payment method, pick in the "Visa/Mastercard" field the button "Add card".
Credit card details must be indicated in this step, then press "Next".
In this step you must write the address the credit card is associated to. Write it exactly as it is, then select "Add card".
Click "Continue" once you notice your card has been successfully added to your account as a new method of payment.
The next screen will display an overview of the transaction in its final stage. It includes the amount your card will be charged, the chosen currency and the quantity of BFG Token (BFG) bought.
It will also indicate the commission you will have to pay for the purchase.
Now you must certify the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically aborted.
The next step needs to be done on the credit card banking platform. Follow the guidelines in the same way you would normally pay with your card.
Your recently purchased BFG Token (BFG) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure has been completed
Buy BFG Token (BFG) through Binance P2P
An alternative way to get a cryptocurrency is to exchange it
with another user. You should state which payment method you want to use first.
The platform will now display the details of the buying order you are generating. The amount you are paying in the currency you’ve selected, and the BFG Token (BFG) you will get.
Indeed, Binance will take a small amount as a commission for supporting the purchase, and that will be shown in that quick view as well.
In less than 1 minute click on "Confirm", from then on the order will expire automatically.
The Binance platform will now send you to the bank issuing the credit card. There you would make a standard on-line payment using your credit card.
When the banking process is complete, you will have your purchased BFG Token (BFG) in your Binance digital wallet (referred to as the «Spot Wallet»)
Purchase BFG Token (BFG) via Binance P2P
That means «Person To Person», i.e.: exchanging BFG Token (BFG)
with another Binance trader. Method of payment is the first parameter you must add.
- Go to the "Security" panel of your account.
- From the menu on the left-hand side choose "Payment".
- Click the "Add a Payment Method" button and follow the platform directions.
After you have added the new payment method to your profile, go to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" option, and follow the instructions below:
- On the top bar of the "P2P Account" tab, choose "Buy"
- In this bar you’ll see the list of BFG Token (BFG) available for buying via P2P operations. Choose the one you want, in our case we use «USDT» as an example.Any BFG Token (BFG) bought via P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Locate the "Fiat" label on the top menu and reveal the drop-down menu to find all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, type the sum in VES you intend to invest.
- Select the method of payment and wait for the platform to display all of the traders’ ads.
- Any of the sellers displayed in the list can be chosen, although it is advisable to select a verified one (see the blue diamond marking), and better, a high-volume seller (gold star badge).
- Select "Buy USDT"
- Now the amount you would like to pay in VES must be typed
- Again, press "Buy USDT"
- This will open a buying order where you will be in touch with the trader. Pay within the time limit and click on "Transferred, Next" and then press "Confirm".
Tips on how to transfer your BFG Token (BFG) to the Spot Wallet
Once you have made a payment to the seller, they may release the BFG Token (BFG), just by confirming payment reception.
So, they will automatically be deposited into your wallet.
Although, in order for you to buy any other BFG Token (BFG), you will need to send them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" right after the buying order has been completed.
If you forget to do this 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 BFG Token (BFG) to the Spot Wallet
When you have made a payment to the trader, they will release the BFG Token (BFG), by confirming payment reception.
The default place where BFG Token (BFG) are deposited is your account wallet.
Take into account that your BFG Token (BFG) must be in your Spot Wallet in order for you to get others, so you need to send them there before.
That’s easy: just press "Transfer to Spot Wallet" immediately after the purchase order is completed.
If you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it later.
- Hover the mouse upon "Wallet" and select "Wallet Funds" from the drop-down list.
- Locate the "Transfer" button at the top right and press it.
- A new window will pop-up, where you must set the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example right here we use «USDT»
- Enter the amount you are transferring for the Exchange and press "Confirm".
All right! Now you have money available to purchase any of the huge selection of BFG Token (BFG) in the Binance platform.
To purchase BFG Token (BFG) from Binance all you have to do is described below:
- In the upper panel, look for the "Trading" option.
- From the list select the "Convert" option.
- Fill in the box the sum of «USDT» you want to spend.
- Now mark the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from buying any crypto you think will yield the greatest profit.
Buy any crypto from Binance just following the steps described next:
- Find the "Trading" option in the top section.
- From that list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to spend.
- Now indicate the crypto you’re interested in.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
You’ve already learned how easy is to start out doing business with BFG Token (BFG) on Binance.
Don’t wait any further and begin generating some extra money.