Learn how to purchase Bitalgo (ALG) on Binance
There are many trading platforms on the Internet nowadays, but certainly Binance is among the most popular and innovative.
Learning how to buy Bitalgo (ALG) is essential if you need to start out trading on that platform.
The object of this post is to guide you on how to buy Bitalgo (ALG) on the Binance Bitalgo (ALG) platform.
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Figure out how to register on Binance
Registering on the Binance platform is the very first step you need to complete.
Easy registration: just follow the detailed guidelines listed below.
Visit the Binance main page and press on the "Register" button.
You have the direct link here.
Look for the "Register with a phone or email" button in the homepage and click on it.
The Binance platform is totally compatible with iOS mobile devices as well.
Here we’ll will describe the registration technique using an e-mail address.
- In the window that will be displayed, choose your country of residence from the drop down list.
- The next step is creating a secure password. This is of vital importance since it’s all about your money’s safety, so you must to create a really strong one
- Whether you wish to be informed 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 Next step is the email verification
By now, you surely have received an e-mail in the address you’ve just used for subscribing on the Binance platform. In its text you’ll see an activation code you’ll need to will enter in the corresponding box. Then click on "Send"
Finally, your Binance account is active.
Now you may navigate the Binance platform and observe all the options it offers.
This way you canit will be possible to begin operating with Bitalgo (ALG) easily.
Fulfill the required ID checking to enable all these options.
Please, note that it will be only after you have completed this safety measure that you’ll get permission to start trading Bitalgo (ALG).
No big deal, though. Continue reading through the following instructions to complete that step.
Verify your account to start trading
See the next guidelines and become an authorized user:
From the user profile menu, pick "Security"
You may also press "Verify" button on the upper part of the navigator window
In the list displayed on the left-hand part of the navigator window, pick the "Identification" option.
Country of residence is the first thing you must choose.
The platform will display you three levels of verification: the one you already have, the Verified, and the Verified Plus.
Here you should choose "Verified", pressing the "Start now" button below it.
Then it displays a pop-up window where you should tytpe the following data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
The next step is to verify your identity using a legal document.
You can do this by using your passport, ID card, or driver’s license.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short period while an account verification process takes place.
Once your application has been accepted, you’ll be notified via e-mail, just be patient.
Upon receiving that e-mail it’s time to get Bitalgo (ALG), to do so see the guidelines below.
How to buy Bitalgo (ALG) on Binance
Beginning your Bitalgo (ALG) trading experience has never been so easy, right?.
Learning how to buy a Bitalgo (ALG) is not that hard.
At this point, the Binance platform will ask you to show a legal document for identity checking.
Use your ID card, passport or even your license to complete this step.
Follow the system requirements to take a selfie.
After fulfilling all those steps, the Binance system will perform a verification process on your account.
Now wait patiently, Binance is going to let you know via email when your profile has been approved.
Congrats! Once you’ve received the confirmation you’re officially enabled to operate with Bitalgo (ALG). See the guidelines that follow.
Purchasing Bitalgo (ALG) on Binance
OK, account approved means you can begin purchasing Bitalgo (ALG) immediately.
The first thing is to know how to make a purchase of Bitalgo (ALG).
You may have different options throughout the process
To know which alternatives can be found when buying, see the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Find all the different buying options just by placing your mouse over this button.
Now you’ll need to provide a legal document to sustain your identity.
You can do this with your passport, ID card, or license.
Follow the system guidance to take a selfie.
Now you will have to wait for a short time while an account confirmation process takes place.
Now you must wait until your profile has been approved. Be patient, the system will let you know via e-mail.
After that, it’s time to purchase Bitalgo (ALG), just see the instructions below.
How to buy Bitalgo (ALG) on Binance
Now that you have subscribed to the platform and have your account approved, you can start trading.
Learning how to invest your money in Bitalgo (ALG) is not so difficult.
Be aware that you may find different options for this process
Browse through the "Buy cryptos" menu on the Binance homepage to know which options can be found when buying.
Certainly, you’ll only be able to do this after you’ve logged in
Hovering your mouse pointer over this option will display a list of alternatives for making the purchase.
Did you know you could use your debit or credit card to purchase Bitalgo?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Keep on reading for detailed guidelines:
In the next box, choose the currency you’d like to use and enter how much you want to invest.
The the Bitalgo (ALG) you intend to buy should be chosen from the second field
After you do so, the platform will immediately display the quantity of Bitalgo (ALG) you are going to receive, according the amount of USD you’ve recently specified.
After that, just carry out these directions:
Currency to be used and how much to invest must be stated here.
Next, select the Bitalgo (ALG) you are going to buy
Taking into account the amount of USD you’ve just invested, the system will immediately display the number of Bitalgo (ALG) you are going to receive.
Click "Continue".
In case you decided to pay with your credit card, select in the "Visa/Mastercard" box the button "Add card".
Type your credit card data and press "Next".
Your credit card’s address must be specified next. Try not to err a single character, since you’ll need to type it exactly as it is, otherwise your card might not be admitted. Then press "Add card".
Press "Continue" after you check your card has been successfully included in your account as a new payment method.
Next, all the important details of the transaction will be summarized: the sum you are paying and the corresponding currency, and obviously, the cryptos you will get.
Indeed, Binance will take a small amount as a commission for supporting the operation, and it will be shown in that overview also.
Now you have to validate the order clicking on the "Confirm" button within the next minute, or it will be automatically aborted.
The Binance platform will now reroute you to the bank issuing the credit card. Follow the directions in the same way you would generate a payment with your card.
As soon as the banking procedure has been done, you are already in possession of the purchased Bitalgo (ALG) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy Bitalgo (ALG) through Binance P2P
Another option you may use to buy a cryptocurrency is to trade it
with another subscriber. Payment method is the first setting you will define.
The next screen will display a snapshot of the operation about to be completed. That includes the sum you are paying, the chosen currency and the quantity of Bitalgo (ALG) bought.
Another detail of relevance in this overview is the percentage you’ll be charged as a commision for making the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
After this, you’ll be redirected to the site of the bank issuing the credit card. There you will make a normal online payment using your credit card.
Your recently bought Bitalgo (ALG) will be available in your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been completed
Learn how to purchase Bitalgo (ALG) through Binance P2P
You can get Bitalgo (ALG) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. Payment method is the first parameter you will indicate.
- Go to your account and press "Security".
- From the list on the left-hand side choose "Payment".
- Click on "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Once you have added the new payment method to your account, go to the "Buy Crypto" menu (upper bar of the navigator), pick the "Trading P2P" button, and follow the guidance below:
- On the top bar of the "P2P Account" menu, select "Buy"
- In this bar you’ll find all the Bitalgo (ALG) available for purchase through P2P operations. Pick the one you would like to buy, for this exercise we present «USDT» as an example.It is important to note that when you purchase any crypto through P2P trading, you’ll be able to exchange it for any of the foreign currencies valid in the Binance platform.
- It is time to choose the currency you want to pay with, for example, «VES». To do this, see the drop-down menu under the "Fiat" column.
- Use the "Amount" box to input the sum in VES you’re going to invest to purchase Bitalgo (ALG).
- Once you have defined the payment method, the platform will show you a register of traders’ ads.
- Any of the traders shown in the list can be selected, although it is advisable to select a verified one (with the blue diamond marking), and better, a high-volume seller (golden star mark).
- Next select "Buy USDT"
- Enter the amount in VES you wish to invest
- Select "Buy USDT" once again
- A buying order has been opened 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 make the payment, if you fail doing so the order will be shut down by the platform (something bad for your rating as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
Learn how to transfer your Bitalgo (ALG) to the Spot Wallet
Once you have made a payment to the seller, they will be able to release the Bitalgo (ALG), just by confirming invoice of the payment.
The default place where Bitalgo (ALG) are transferred to is your account wallet.
Take into account that your Bitalgo (ALG) must be in your Spot Wallet in case you want to buy others, so you need to move them there before.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
How to transfer your Bitalgo (ALG) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
The default place where Bitalgo (ALG) are added to is your Binance wallet.
But in order for you to buy another Bitalgo (ALG), you will have to transfer them to your Spot Wallet.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t get worried, you can do it at any other moment.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down menu.
- Next press "Transfer" button at the top right.
- A pop-up window will open, where you should configure 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»
- Set the amount you are moving to the spot walet and click "Confirm".
With these money already in your Spot Wallet, nothing keeps you from trading any crypto you think might yield the highest profit.
See how simple is to buy any cryptocurrency from Binance:
- Look for the "Trading" option in the top top section.
- From that list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to spend.
- Select the cryptocurrency you wish to buy.
- Select "Preview conversion".
- Confirm the operation and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet so you will be able to trade any of the huge selection of Bitalgo (ALG) within the Binance platform.
Buy any crypto from Binance just following the steps described next:
- In the upper section, find the "Trading" option.
- From the listing select the "Convert" option.
- Fill in the box the amount of «USDT» you wish to invest.
- Now indicate the cryptocurrency you’re about to get.
- Choose "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how easy is to start out trading Bitalgo (ALG) on Binance.
The future of money trading relies on Bitalgo (ALG)., and Binance is a secure and friendly site to do business. Start today!