You can find several trading platforms today on the Internet, but undoubtedly Binance is one of the most popular and reputed.
However, if you need to start out trading on it, the first thing you have to do is to discover ways to buy bitCNY (BITCNY).
Keep on reading this article and you’ll discover all what you need to know about buying crypto on Binance.
There’s only way to get started in operating within the Binance platform: registering to it.
Hassle-free subscription: just follow the detailed guidelines listed below.
Search for the "Register" button in the Binance homepage and click on it to start the registration process.
You have the direct access here.
Look for the "Register with a phone or email" button in the homepage and press it.
This can also be done with any Apple phone.
In this post, we’ll will show you how to do this using an email address.
By now, you should have received an email sent to the address you’ve just used to create your Binance account. In its text you’ll see a one-time-only activation code you’ll need to will enter in that page. Then click on "Send"
You’re now a Binance subscriber!.
Take a time to get acquainted to the different areas of the Binance platform by browsing them.
That’s the best way to know how friendly the Binance platform is, and how quick you can start operating with bitCNY (BITCNY).
Fulfill the required ID verification to enable all those options.
Important: No bitCNY (BITCNY) trading will be permitted if you ignore this protection measure.
In the following paragraphs, you’ll be guided on how to do it. Zero problems.
To become an authorized subscriber you must follow the steps described below:
Choose "Security" from the drop-down list under the user profile section
You can also click on the "Verify" button on the upper part of the navigator window
Select "Identification" on the left options list.
Country of residence should be chosen here.
On this screen you’ll will find 3 verification levels:
To begin, you should choose "Verified", pressing the "Start now" option under it.
A pop-up window will appear, and there you’re going to enter your personal information: Nationality, first name and surname, middle name and date of birth. Besides, make sure you provide the exact address of your residence
Next, you’ll have to to show a legal document to check your identity.
You can do this with your ID card, passport, or license.
Follow the system instructions to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
When your application has been approved, you’ll be informed via e-mail, just be patient.
Congrats! Now you’re officially authorized to trade bitCNY (BITCNY). The following instructions will be helpful.
The first thing is to discover how to invest your money in bitCNY (BITCNY).
Now you’ll have to to provide a legal document to support your identity.
You can do this by using your ID card, passport, or license.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short period while an account verification process takes place.
Now you have to wait until your profile has been accepted. Be patient, Binance will send you an e-mail.
Congratulations! Now you’re officially licensed to trade bitCNY (BITCNY). The following guidelines will be helpful.
In this section you’ll realize how simple is to invest your money in bitCNY (BITCNY).
Be aware that you have more than one option for this process
See the "Buy cryptos" menu on the Binance homepage to find out which options are available to you when making a purchase.
You will need to, of course, do this after you’ve signed into your account
Hovering your mouse pointer over this option will display a list of alternatives to make the purchase.
At this point, the Binance platform will require you to present a legal document for identity checking.
passport, ID card or even a license will be enough to fulfill this condition.
Follow the system instructions to take a selfie.
The final step will be carried out by the Binance system: a verification process that will just take a while.
All you need to do is wait patiently, Binance is going to send you an e-mail once your profile has been approved.
Upon receiving that email it’s time to get bitCNY (BITCNY), just follow the instructions below.
Learning how to invest your money in bitCNY (BITCNY) is actually quite easy.
Be aware that you have different options for this process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Needless to say you must log into your account to be able to do this
Uncover all the different purchase options just by placing your mouse over this button.
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
The following guidelines will be helpful to continue the process:
Currency to be used and how much you will invest should be defined here.
The the bitCNY (BITCNY) you would like to get must be indicated in the second field
When you do so, the platform will immediately display the number of bitCNY (BITCNY) you will be given, according the amount of USD you’ve previously indicated.
These instructions will help you in the process:
In the next box, choose the currency you’d like to use and enter how much you are going to invest.
The the bitCNY (BITCNY) you’d like to buy must be indicated in the second field
When you do so, the system will immediately display the number of bitCNY (BITCNY) you will get, considering the amount of USD you’ve recently indicated.
Click "Continue".
In case you decided to pay with a credit card, go to the "Visa/Mastercard" field and press the "Add card" button.
Enter your card data and click "Next".
The credit card’s associated address should be indicated next. Be very careful, since you’ll need to enter it exactly as it is, otherwise the card won’t be admitted. Then choose "Add card".
Click "Continue" after you notice your card has been successfully included in your user profile as a new payment method.
Next, all the relevant details of the transaction will be summarized: the amount you are paying and the corresponding currency, and of course, the cryptos you are going to receive.
Indeed, Binance will claim a certain percentage as a commission for making the operation, and it will be shown in that snapshot as well.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The next step has to be done on the credit card bank system. Follow the guidelines in the same way you would normally pay with your card.
After the banking process is complete, you’ll have your recently purchased bitCNY (BITCNY) in your Binance e-wallet (referred to as the «Spot Wallet»)
Next, all the important details of the transaction will be summarized: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to get.
Another detail of relevance in this summary is the sum you’ll be charged as a commision for making the purchase.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The system will now redirect you to the bank issuing the credit card. There you would make a normal on-line payment using your credit card.
You can check your Binance e-wallet (referred to as the «Spot Wallet») after the banking procedure has been completed to find your recently bought bitCNY (BITCNY) already there
After you have added the new method of payment to your account, move to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" option, and follow the instructions below:
Once you have made a payment to the trader, they will be able to release the bitCNY (BITCNY), just by confirming payment reception.
This way, they will automatically be added to your wallet balance.
Take into account that your bitCNY (BITCNY) must be in your Spot Wallet in case you would want to purchase others, so you must send them there before.
You can do this immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t be concerned, you can move the cryptos later.
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
You may see your wallet Binance balance to confirm reception.
Note that you must move them to your Spot Wallet in case you would want to get any other crypto.
You can do this immediately immediately after the buying order is completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t fear, you can do it later.
All right! Now you have money available to buy any of the numerous bitCNY (BITCNY) in the Binance platform.
To purchase bitCNY (BITCNY) from Binance all you have to do is the following:
With these funds already in your Spot Wallet, nothing keeps you from purchasing any crypto you consider could be worthwhile.
Find out how easy is to purchase any crypto from Binance:
Based on this information, you are now ready to commence trading on the Binance platform.
Cryptos are the future, and Binance is a safe and comfortable platform to do business. Start today!
If you are planning to earn money by buying cryptocurrencies, you would have to be able to operate the Kucoin platform. This exchange is providing strong benefits for all its subscribers, and it is showing a lot more evolution in all its operations.
If you want to learn without difficulty how to buy a bitCNY (BITCNY) in Kucoin, you should keep on reading this article.
When you’ve registered to Kucoin and met the safety requirements, you have to deposit your currency. Using this method is quite simple, and you have several options to accomplish that.
One of them is usually to click to the "Assets" or "Balance" section at the top right in the screen and look for the "Deposit" hyperlink. There after, select the bitCNY (BITCNY) you want to transfer into your personal account to purchase new cryptos, for example, USDT.
Following this, you will pick the network you will utilize for completing the operation. We all recommend Tron (TRC20) since it has the lowest commissions.
Below you’ll see the address you need to insert in the «Exchange» where you have the USDT you wish to transfer to Kucoin. Once you do this, you will instantly receive the funds in your main account.
If this does not work in your country, you should try transferring funds to your account through P2P trading. This type of deal implies that you actually make a conventional bank transfer to one of the listed traders to get any of the approved cryptos.
Now that you get the funds in your account, it’s the perfect time to learn how to use the Kucoin platform.
Purchasing a bitCNY (BITCNY) on Kucoin you need to send the money you’ve just purchased to the trading accounts. To accomplish this you must go to the «Balance» menu, click on the main account, enter the cryptocurrencies and after that choose "Transfer". This last option can be situated on the same line than the currency you are going to use to complete the purchase.
If this doesn’t work in your country, you can attempt transferring the money to your account through P2P trading. This kind of deal means that you actually make a traditional bank transfer to any of the authorized traders to get any of the certified cryptos.
When you received the money in your account, it’s time to start interacting the Kucoin website.
Purchasing a bitCNY (BITCNY) on Kucoin you have to send the money you’ve just purchased to the trading accounts. To achieve this you have to open the "Balance" menu, click on the main account, enter your cryptocurrencies and after that choose "Transfer". This last option can be found on the same line than the currency you are going to use for the purchase.
After this, you are sent to a window to pick where you wish to send the funds. You must transfer from the «Main Account» to the "Trading Account", and add the currency and the amount you want to send to operate. Then click on "Confirm".
Once you have the cash already credited within your account, you are ready to buy your crypto and start trading.
Now you will learn how to purchase bitCNY (BITCNY) in different methods. To start, you should go to the «Trade» menu and select «Spot trading» (Spot Market). Then simply type the acronym bitCNY (BITCNY) in the search box in the top corner of the web page.
The platform will show you the crypto pairs you can trade with.
In short, you will only be in a position to purchase bitCNY (BITCNY) just with the crypto pairs it shows you.
For this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we have funds in this two. When we do this, it immediately loads the crypto information and the order book containing the buy and sell procedures.
For being able to accomplish the transaction, it is necessary to enter the corresponding code.
At the bottom on the right-hand side, the financial markets to trade crypto can be found, enabling instantly the «Spot». There we now have 3 ways to purchase bitCNY (BITCNY). Those are the following:
You can also configure the order activation yet process it at the best market price. You are going to do this by selecting "Stop Market", and indicating in "Stop Price" the sum you want the bitCNY (BITCNY) to arrive to trigger the order and the amount of USDT to spend. By hitting Buy bitCNY (BITCNY), your purchase will be executed at the market rate when it is the same as the stop price you’ve just set.
With just one of these three options, you’ve already got the bitCNY (BITCNY) tokens you’ve just bought in your trading account. From this moment you can operate with this or you can purchase other cryptos. Bear in mind that with bitCNY (BITCNY) you’ll only be capable to get the cryptos available in their pairs. Frequently you will have to sell your bitCNY (BITCNY) for a crypto that typically appears in the bitCNY (BITCNY) pairs, such as BTC, USDT, and BNB, and after that you can buy the particular one you really want.
Now you can start buying a bitCNY (BITCNY) from the Kucoin platform.
| Exchange | Market Pairs | Buy |
|---|---|---|
| CoinTiger | TRX/BITCNY | - |
