Binance is among the top trading platforms in the world.
Understanding how to buy BitcoinPoS (BPS) is vital in case you need to start out operating on that platform.
Stay on this post and you’ll discover everything you need to know about purchasing crypto on Binance.
Opening a Binance account is the very first step you must complete.
Simply follow each of the guidelines below.
Search for the "Register" option in the Binance homepage and click on it to begin the registration process.
Here you have the direct link to Binance.
At this point click on the "Register with a phone or email" button.
Apple phones or tablets can be used as well.
In this article you’ll will see the subscription technique using an e-mail address.
You surely have received an email sent to the address you’ve just used for subscribing on the Binance platform. It will have an activation password you will enter in that page. Then press "Send"
You’re now a Binance user!.
Now you may navigate the Binance platform and review all the options it has to offer.
That’s the best way to understand how practical the Binance platform is, and how quick you can begin operating with BitcoinPoS (BPS).
To get access to these options, you have to fulfill the ID checking.
Warning: No BitcoinPoS (BPS) trading will be allowed if you skip this protection measure.
No big deal, though. Continue reading through the next section to fulfill that step.
See the following instructions and become an authorized subscriber:
Pick "Security" from the drop-down list under the user profile area
You may also press "Verify" button at the top of the screen
Press "Identification" on the left options list.
Here you should pick your country of residence.
Next, the three verification levels:
Here you should choose "Verified", clicking on the "Start now" button under that label.
A pop-up window will be shown, and there you will be required to enter your personal info: Nationality, first name and surname, middle name and birth date. Besides, make sure you provide the exact address of your residence
Next, you’ll need to present a legal document to check your identity.
passport, ID card or even a driver’s license will be enough to fulfill this formality.
Now the platform will require you to take a selfie following certain instructions.
Now you’ll have to wait for a short time while an account verification process takes place.
When your request has been approved, the platform will let you know via email, just be patient.
Upon receiving that email it’s time to buy BitcoinPoS (BPS), just see the guidelines below.
In this segment you’ll see how simple is to invest your money in BitcoinPoS (BPS).
Next, you’ll need to show a legal document to corroborate your identity.
You can do this by using your passport, ID card, or driver’s license.
Now the system will ask you to take a selfie following certain guidelines.
Now you will have to wait for a short time while an account verification process takes place.
Once your application has been accepted, Binance is going to let you know via e-mail, just be patient.
Upon receiving that email it’s time to purchase BitcoinPoS (BPS), to do so see the guidelines below.
Understanding how to convert money into BitcoinPoS (BPS) is actually quite easy.
Some steps might have alternative paths
See the "Buy cryptos" menu on the Binance main page to know which alternatives can be found when making a purchase.
You must, of course, do that after you’ve logged into your account
Unveil all the different buying options just by placing your mouse over this button.
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 driver’s license to complete this step.
Follow the system guidelines to take a selfie.
The final step will be made by the Binance platform: a confirmation process that will take only a short time.
Now you must wait until your request has been accepted. Be patient, Binance is going to let you know via e-mail.
Congrats! Once you’ve got the confirmation you’re officially enabled to trade BitcoinPoS (BPS). The following instructions will be helpful.
Understanding how to invest your money in BitcoinPoS (BPS) is actually quite easy.
You may have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You need to, of course, try this after you’ve logged into your account
Move your mouse on this key and a list of buying alternatives will be shown.
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
The following directions will help you in the process:
Currency preferred and amount of the investment must be indicated in the next box.
Next, select the BitcoinPoS (BPS) you’re going to get
Depending on the amount of USD you have recently defined, the platform will immediately show you the quantity of BitcoinPoS (BPS) you are going to receive.
After that, just carry out these directions:
Currency to be used and how much you will invest should be stated in the next box.
Next, choose the BitcoinPoS (BPS) you are going to purchase
The number of BitcoinPoS (BPS) you will receive will depend upon the amount of USD you have recently invested. The Binance system will automatically display it.
Click on "Continue".
To add your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" field and press the "Add card" button.
Then the system will ask you to type your CC data.
Now state the physical address details of the card. Then select "Add card".
Click "Continue" after you see your card has been successfully included in your account as a new payment method.
The next screen will display a snapshot of the transaction in its final stage. It includes the sum you will pay, the chosen currency and the amount of BitcoinPoS (BPS) you will receive.
Another important detail in this snapshot is the amount Binance will charge you as a commision for making the purchase.
Now you have to accept the order pressing the "Confirm" button within the next minute, or it will be automatically terminated.
Next, you will be redirected to the banking platform the credit card belongs to. Proceed just as you usually do when making a payment using your credit card on the bank website.
You can take a look at your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been finished and you’ll find your recently bought BitcoinPoS (BPS) already credited
Next, all the important details of the operation will be displayed: the amount you’ll pay and the corresponding currency, and obviously, the cryptos you will receive.
It will also let you know the commission will be charged for the purchase.
At this point you have 60 seconds to click on "Confirm", otherwise the order will be automatically terminated.
The system will now redirect you to the bank issuing the credit card. Follow the guidelines in the same way you would normally generate a payment with your credit card.
You may check your Binance e-wallet (called the «Spot Wallet») as soon as the banking process has been completed and you’ll find your recently purchased BitcoinPoS (BPS) already credited
After you have configured the new method of payment to your account, go to the "Buy Crypto" menu (upper part of the display), find the "Trading P2P" option, and follow the instructions below:
The trader, upon receiving your payment, will automatically release the BitcoinPoS (BPS).
The default place where BitcoinPoS (BPS) are added to is your Binance wallet.
Take into account that your BitcoinPoS (BPS) must be in your Spot Wallet in order for you to buy others, so you must move them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the purchase order has been completed.
In case you didn’t do this, don’t get worried, you can move the cryptos at any other time.
Once you have made a payment to the trader, they will be able to release the BitcoinPoS (BPS), just by confirming payment reception.
The default place where BitcoinPoS (BPS) are added to is your Binance wallet.
Take into account that your BitcoinPoS (BPS) must be in your Spot Wallet in case you want to buy others, so you will need to send them there before.
That’s easy: just click on "Transfer to Spot Wallet" immediately after the buying order is completed.
In case you didn’t do this, don’t worry, you can move the cryptos later.
Perfect! Now you have money available to buy any of the huge selection of BitcoinPoS (BPS) in the Binance platform.
See how simple is to buy any crypto from Binance:
That’s all! This way you will have money in the Spot Wallet and you will be able to buy any of the several of BitcoinPoS (BPS) that the Binance platform has.
Find out how simple is to purchase any cryptocurrency from Binance:
You’ve already seen how simple is to begin doing business with BitcoinPoS (BPS) on Binance.
Don’t wait any further and begin earning an extra income.
In case you want to make money by buying cryptocurrencies, you would have to learn how to utilize Kucoin platform. This exchange is providing good benefits for all its subscribers, and it is showing a lot more progress in all its tradings.
If you want to learn conveniently how to buy a BitcoinPoS (BPS) in Kucoin, you have to keep on reading this article.
Once you have registered to Kucoin and met the safety requirements, you need to deposit your euros. This process is fairly easy, the best part is that you have several alternatives to accomplish that.
One of them should be to go to the "Assets" or "Balance" section at the top right from the display and choose the "Deposit" button. And then, choose the BitcoinPoS (BPS) you want to transfer into your personal account to buy new cryptos, for instance, USDT.
Following this, you will have to pick the network you will use for making the operation. We all recommend Tron (TRC20) for it has the lowest commissions.
Below you’ll see the address you need to write in the «Exchange» where you currently have the USDT you wish to transfer to Kucoin. Once you have already done this, you can expect to instantly receive the funds in the main account.
If this seems not to be not working in your country, you should attempt transferring the money to your account via P2P trading. This kind of transaction implies that you make a traditional bank transfer to one of the documented traders to receive any of the authorized cryptos.
Now that you have the money in your account, it’s the perfect time to start using the Kucoin platform.
Before buying a BitcoinPoS (BPS) on Kucoin you must transfer the money you have just purchased to the trading accounts. To achieve this you have to click on the "Balance" menu, click on the main account, enter the cryptocurrencies after which choose "Transfer". This last option can be found on the same line than the currency you’ll use to complete the purchase.
If this does not work in the country you’re living, you can try transferring the money to your account via P2P trading. This kind of purchase signifies that you actually make a conventional bank transfer to any of the authorized traders to get any of the genuine cryptos.
When you received the money in your account, it’s time for you to learn how to work with the Kucoin website.
Before buying a BitcoinPoS (BPS) on Kucoin you need to transfer the money you’ve just purchased to the trading accounts. To do this you must go to the "Balance" menu, click the main account, enter the cryptocurrencies and 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 menu to choose where you wish to send the funds. You need to take from the "Main Account" to the "Trading Account", and indicate the currency and the quantity you wish to send to transact. Then visit "Confirm".
Now that you have the cash already credited in the account, you can buy your crypto and start trading.
Next we will clarify how to purchase BitcoinPoS (BPS) in different ways. To start, you must open the «Trade» menu and select «Spot trading» (Spot Market). Then type the term BitcoinPoS (BPS) in the search box in the top corner of the site.
The system will highlight the crypto pairs you can trade with.
In other words, you‘ll only be able to purchase BitcoinPoS (BPS) just with the crypto pairs it shows you.
For this case, you’re able do it with «USDT», «USDC», «KCS», and «BTC».
We select ADA/USDT because we’ve got funds in this two. When we do this, it instantly loads the crypto graph data and the order book with all the buy and sell procedures.
In order to be able to accomplish the operation, it is necessary to type the trading code.
At the bottom-right, the markets to trade crypto can be seen, immediately enabling «Spot». There you’ll find 3 ways to buy BitcoinPoS (BPS). Those are the following:
You can also configure the order activation yet process it at the best market price. You will do this by selecting "Stop Market", and entering in "Stop Price" the value you prefer the BitcoinPoS (BPS) to reach to activate the order and the amount of USDT to spend. By hitting Buy BitcoinPoS (BPS), your order will be processed at the market rate when it is the identical to the stop price you’ve just typed.
With any of these options, you already have the BitcoinPoS (BPS) tokens you’ve just purchased available in your trading account. From this moment you’re free to make transactions with that or you can get any other cryptos. Remember that with BitcoinPoS (BPS) you will only be authorized to get the cryptos available in their pairs. Generally you will have to sell your BitcoinPoS (BPS) for a crypto that typically appears in the BitcoinPoS (BPS) pairs, such as BTC, USDT, and BNB, after which you could get the one you really want.
You can now start buying a BitcoinPoS (BPS) via the Kucoin site.
