Binance could be considered one of the most reputed trading platforms in the world.
Understanding how to purchase BitCoal (COAL) is vital if you want to begin operating on that platform.
For this reason, in this post we will try to give you all what you need to know to trade with BitCoal (COAL) on the Binance crypto exchange.
To be capable of buying BitCoal (COAL) on Binance, the vital thing you need to know is how to register.
Quick and easy subscription: just follow the detailed guidelines below.
Search for the "Register" option in the Binance main page and press on it to start the registration process.
Press here to go straight to the Binance platform.
Once on the Binance platform click on the "Register with a phone or email" button.
You can also do this using your Apple smartphone.
For the purpose of this article, the e-mail address subscription technique will be shown.
The Binance platform will automatically send a one-time-only activation code (remember: this is NOT your password) that you’ll type it in the corresponding line, then press "Send"
You’re now a Binance subscriber!.
You can now navigate the Binance platform and review all the options it has to offer.
You’ll realize how simple is to start trading BitCoal (COAL).
To get access to those options, you must fulfill the ID checking.
Please, take into account that it is only after you have fulfilled this security step that you’ll get permission to begin operating with BitCoal (COAL).
In the next instructions, you’ll be guided on how to do that. Hassle-free.
See the following instructions and become an authorized subscriber:
Select "Security" from the drop-down list under the user profile button
You can also press "Verify" button at the top of the screen
In the list displayed on the left-hand side of the navigator window, pick the "Identification" option.
Country of residence must be selected here.
The platform will display you three levels of verification: the current one, the Verified, and the Verified Plus.
Click on the "Start now" button under the "Verified" label, since this will be your beginning level.
At this point, you must provide some personal information:
It is time to corroborate your identity with a legal document.
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 guidance.
The last step will be made by the Binance platform: a confirmation process that will take only a short time.
Now you must wait until your application has been approved. Be patient, Binance is going to let you know via e-mail.
Upon receiving that email it’s time to acquire BitCoal (COAL), to do so follow the instructions below.
Take a time to understand how to invest your money in BitCoal (COAL).
It is time to verify your identity with a legal document.
You can do this with your passport, ID card, or driver’s license.
Follow the system requirements to take a selfie.
After completing all those steps, the Binance system will carry out a verification process on your account.
Once your profile has been approved, the system will send you an email, just be patient.
The following instructions will guide you through the BitCoal (COAL) buying process. As soon as you’ve got the confirmation email, you have become a Binance authorized BitCoal (COAL) trader.
In this segment you’ll see how easy is to make a purchase of BitCoal (COAL).
You will probably find different options throughout the 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
Hovering your mouse pointer over this option will display a list of alternatives for making the purchase.
Now you’ll need to present a legal document to verify your identity.
You can do this with your passport, ID card, or license.
Follow the system guidance to take a selfie.
After fulfilling all those steps, the Binance platform will execute a confirmation process on your account.
As soon as your request has been accepted, you’ll be informed via email, just be patient.
After that, it’s time to get BitCoal (COAL), to do so follow the instructions below.
Take a time to figure out how to invest your money in BitCoal (COAL).
Some processes might have alternative paths
To know which alternatives you have when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this if you’re logged in
Hover your mouse on this button and a list of buying alternatives will deploy.
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
The following guidelines will be helpful to continue the process:
In the next box, choose the currency you’d like to use and enter the amount you are going to invest.
The the BitCoal (COAL) you wish to get must be chosen from the second field
After you do so, the platform will immediately display the quantity of BitCoal (COAL) you are going to be given, according the amount of USD you’ve recently invested.
After that, just observe the following directions:
Currency to be used and how much you’ll invest should be specified in the next box.
Next, choose the BitCoal (COAL) you’re going to purchase
Once you do so, the system will immediately display the number of BitCoal (COAL) you will be given, according the amount of USD you’ve recently defined.
Press "Continue".
If you’re going to pay with your credit card, choose in the "Visa/Mastercard" field the option "Add card".
Credit card data must be completed in this step, then click "Next".
Now indicate the physical address details for the CC. Following this, select "Add card".
When you see your new card has been added, click on "Continue".
The platform will now show you the details of the buying order you are about to complete. The amount you will pay in the currency you’ve chosen, and the BitCoal (COAL) you will be credited.
It will also let you know the commission you will have to pay for the transaction.
In less than 1 minute click on "Confirm", and then the order will expire automatically.
The platform will now send you to the credit card issuing bank. Follow the steps in the same way you would normally pay with your credit card.
As soon as the banking procedure has been done, you are already in possession of the recently bought BitCoal (COAL) in your Binance e-wallet (called the «Spot Wallet»)
The next screen will display a snapshot of the transaction about to be completed. That includes the sum you will pay, the selected currency and the quantity of BitCoal (COAL) purchased.
It will also indicate the commission will be charged for the transaction.
In less than 1 minute press "Confirm", there after the order will expire automatically.
The platform will now reroute you to the credit card issuing bank. Then you will make a normal on-line payment with your credit card.
Your recently purchased BitCoal (COAL) will be available in your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure is complete
Now that the new payment method has been added to your account, go to the upper bar of the navigator and hover on "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following instructions:
The seller, upon validating payment reception, will immediately release the BitCoal (COAL).
You may verify your wallet Binance balance to confirm reception.
Take into account that your BitCoal (COAL) must be in your Spot Wallet in case you would want to purchase others, so you will have to move them there before.
You can do this immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
This BitCoal (COAL) internal transfer can be performed whenever you need.
After you have completed a payment to the seller, they are going to release the BitCoal (COAL), just by confirming receipt of the payment.
The place where BitCoal (COAL) are added to is your account wallet.
Take into account that your BitCoal (COAL) must be in your Spot Wallet in case you would want to purchase others, so you will need to move them there before.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after the purchase, no problem at all: you’ll be able to do it later.
That’s all! Now you will have money in the Spot Wallet and you will be able to buy any of the numerous BitCoal (COAL) within the Binance platform.
To buy BitCoal (COAL) from the Binance platform all you have to do is the following:
With these money already in your Spot Wallet, nothing keeps you from purchasing any crypto you consider will be worthwhile.
Purchase any cryptocurrency from the Binance platform just following the steps detailed below:
You’ve already learned how easy is to begin doing business with BitCoal (COAL) on Binance.
So, no need to think twice, make a worthwhile business within this cryptocurrency platform.
If you wish to earn money by purchasing cryptocurrencies, you would have to discover ways to operate the Kucoin platform. This form oftrade is delivering good benefits to any or all its subscribers, in fact it is making increasingly more progress in all its tradings.
If you need to learn conveniently how to buy a BitCoal (COAL) in Kucoin, you need to read this article.
When you’ve subscribed to Kucoin and fulfilled the safety requirements, you must deposit your currency. This method is rather easy, the best part is that you have several alternatives to accomplish that.
One of them is to click to the «Assets» or «Balance» section at the top right of the navigator screen and choose the «Deposit» link. Next, select the BitCoal (COAL) you want to put into your account to purchase new cryptos, for instance, USDT.
Next, you should select the network you will utilize for the operation. We strongly advise Tron (TRC20) for it retains the lowest commissions.
Next is the the address you should put in the «Exchange» where you have the USDT you wish to convert to Kucoin. Once you have already done this, you will instantly get the funds within your main account.
If that does not work in the country you’re currently living, you can try moving the money to your account through P2P trading. This kind of purchase implies that you make a bank transfer to one of the registered traders to get any of the genuine cryptos.
When you have the funds in your account, it’s time to start interacting the Kucoin platform.
Purchasing a BitCoal (COAL) on Kucoin you need to transfer the money you’ve just purchased to the trading accounts. To achieve this you have to navigate to the «Balance» menu, click on the main account, enter your cryptocurrencies and choose "Transfer". This last button can be situated on the same line than the currency you are about to use to complete the purchase.
If this is not working in the country you’re currently living, you may attempt moving funds to your account via P2P trading. This type of purchase means that you make a traditional bank transfer to one of the listed traders to obtain any of the official cryptos.
Once you get the money in your account, it’s time for you to start interacting the Kucoin website.
Before buying a BitCoal (COAL) on Kucoin you must transfer the money you’ve just purchased to the trading accounts. To get this done you must open the "Balance" menu, click the main account, enter the cryptocurrencies then choose «Transfer». This last option can be found on the same line than the currency you are going to use for the purchase.
Next, you will be directed to a window to choose where you wish to send the funds. You will need to take from the «Main Account» to the "Trading Account", and add the currency and the sum you decided to send to trade. Then select "Confirm".
Now that you got the cash already credited in your account, you are ready to purchase your crypto and begin trading.
Here you will see how to purchase BitCoal (COAL) in diverse techniques. To start, you need to access the «Trade» menu and pick "Spot trading" (Spot Market). After that type the word BitCoal (COAL) in the search box in the top corner of the page.
The platform will reveal the crypto pairs you are able to operate with.
In short, you‘ll only be able to buy BitCoal (COAL) only with the crypto pairs showed there.
Just for this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT since we have funds in this couple. When we do it, it quickly loads the crypto graph and the order book containing the buy and sell procedures.
To be able to make the transaction, it is necessary to enter the trading key.
At the bottom on the right-hand side, the financial markets to trade crypto can be found, instantly enabling the «Spot». There we have 3 ways to buy BitCoal (COAL). The options are as follows:
You can also configure the order activation yet process it at the greatest market price. You are going to do this by choosing «Stop Market», and writing in "Stop Price" the value you wish the BitCoal (COAL) to get to trigger the order and the amount of USDT to spend. By simply clicking Buy BitCoal (COAL), your order will be executed at the market rate when it is the identical to the stop price you’ve just determined.
With any of these options, you’ve already got the BitCoal (COAL) tokens you have purchased available in your trading account. From this moment you may make transactions with this or you may want to buy other cryptos. Bear in mind that with BitCoal (COAL) you will only be capable to get the cryptos available in their pairs. Probably you will have to trade the BitCoal (COAL) for a crypto that is typically available in the BitCoal (COAL) pairs, such as BTC, USDT, and BNB, after which you could purchase the one that you actually expect.
Now you can buy a BitCoal (COAL) from the Kucoin platform.
| Exchange | Market Pairs | Buy |
|---|---|---|
| TradeOgre | POT/BTC | - |
