Learn how to buy BitcoinSoV (BSOV) on the Binance platform
You can find several trading platforms today on the WWW, but certainly Binance is one of the most popular and reputed.
But if you want to start out operating on it, the first thing you must do is to learn how to get BitcoinSoV (BSOV).
For this reason, on this page we’ll try to give you all the information you need to trade with BitcoinSoV (BSOV) on the Binance cryptocurrency exchange.
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Learn how to register on Binance
Opening a Binance account is the very first step you need to complete.
Subscribing the Binance platform is simple: see the following instructions.
Navigate to the Binance main page and click on the "Register" button.
You may access directly by clicking here.
At this point click on the "Register with a phone or email" button.
Apple smartphones or tablets can be used to do this as well.
In this article, we’ll will explain how to register using an e-mail address.
- From the drop-down list of countries, pick the one you’re living in.
- Now the crucial step: password. Choose an alphanumeric word difficult enough not to be easily guessed. Never use your birth date, middle name or things like that. Be well aware that it’s your cash what will be secured by that word
- Mark if you wish Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and click on "Create Account"
You surely have received an email sent to the address you’ve just used to create your Binance account. In its text you’ll find a one-time-only activation password you will enter in that page. Then press "Send"
And that’s it! You are now and authorized subscriber of Binance.
It would be a good idea to visit the different options of the Binance platform and get acquainted to them.
You’ll discover how easy is to begin operating with BitcoinSoV (BSOV).
Complete the mandatory ID verification to enable all those options.
It is very important to notice that unless you complete this protection measure, youwon’t be able to begin operating with BitcoinSoV (BSOV).
In the next section, you’ll learn how to do it. Zero problems.
Verify your account to start out trading
The following are the instructions to verify your Binance account and get authorized to begin operating:
On the main page, hover the mouse on the user profile button and a list will immediately drop down where you will press "Security"
You may also press "Verify" button at the top of the navigator window
In the list shown on the left-hand area of the screen, click on the "Identification" option.
Country of residence should be selected here.
On this screen you’ll will immediately find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
To begin, you should select "Verified", clicking on the "Start now" option below it.
Then it will display a pop-up window where you will have to write the following info:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
Next, you’ll have to to show a legal document to support your identity.
passport, ID card or even a license will be enough to fulfill this requirement.
Follow the system guidelines to take a selfie.
When you have completed the platform’s requirements, you’ll have to wait a short while for the verification to be applied to your account.
As soon as your profile has been accepted, you will be notified via email, just be patient.
The following instructions will guide you through the BitcoinSoV (BSOV) purchasing process. As soon as you’ve received the confirmation e-mail, you are a Binance licensed BitcoinSoV (BSOV) trader.
Purchasing BitcoinSoV (BSOV) on Binance
Since you have registered on the Binance platform and got your account validated, you can start trading.
In this section you’ll realize how simple is to buy a BitcoinSoV (BSOV).
At this point, the Binance platform will require you to use a legal document for identity checking.
You can do this by using your passport, ID card, or license.
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 short while for the verification to be performed on your account.
So, be patient, Binance is going to let you know via email once your profile has been accepted.
The following instructions will guide you through the BitcoinSoV (BSOV) buying process. As soon as you’ve got the confirmation email, you’re a Binance licensed BitcoinSoV (BSOV) trader.
Buying BitcoinSoV (BSOV) on Binance
Beginning your BitcoinSoV (BSOV) trading career has never been so simple, right?.
The first step is to learn how to invest your money in BitcoinSoV (BSOV).
You will probably have different options throughout the process
Browse through the "Buy cryptos" menu on the Binance main page to find out which options you have when buying.
Needless to say you must log into your account to do this
See all the different purchase options just by placing your mouse over this button.
Here, the Binance platform will ask you to show a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
Follow the system instructions to take a selfie.
Once you have fulfilled the system’s guidelines, you’ll have to wait a moment while your account is confirmed.
All you need to do is wait patiently, Binance will let you know via e-mail when your request has been approved.
The following instructions will guide you through the BitcoinSoV (BSOV) trading process. As soon as you’ve got the confirmation e-mail, you have become a Binance licensed BitcoinSoV (BSOV) trader.
Purchasing BitcoinSoV (BSOV) on Binance
Now that you are registered on the platform and have your account verified, you’re OK to begin trading.
Take a time to know how to convert money into BitcoinSoV (BSOV).
You may find different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
You should, of course, try this after you’ve signed into your account
Unveil all the different buying options just by placing your mouse over this button.
Using your debit or credit card for buying cryptos
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for further directions:
In the next box, pick the currency you want to use and specify the amount you are going to invest.
Next, select the BitcoinSoV (BSOV) you are going to get
According the amount of USD you have previously stated, the system will immediately show you the number of BitcoinSoV (BSOV) you are going to be given.
Next, just follow these directions:
In the next box, pick the currency you’d like to use and specify the amount you are going to invest.
In the second field you must pick the BitcoinSoV (BSOV) you would like to purchase
Considering the amount of USD you have previously specified, the system will immediately show you the quantity of BitcoinSoV (BSOV) you will be given.
Next click "Continue".
In case you want to pay with your credit card, go to the "Visa/Mastercard" field and click on the "Add card" button.
Indicate your credit card data and click "Next".
Your credit card’s associated address should be stated next. Try not to err a single character, since you’ll need to write it exactly as it is, otherwise the card might not be accepted. Then press "Add card".
Now that your card has been successfully included, press "Continue".
The system will now display the summary of the order you are generating. The sum your card will be charged in the currency you’ve chosen, and the BitcoinSoV (BSOV) you will be credited.
It will also show you the commission will be charged for the purchase.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically shut down.
The system will now send you to the credit card issuing bank. Then you would make a normal on-line payment using your credit card.
When the banking procedure has been finished, you will get your purchased BitcoinSoV (BSOV) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy BitcoinSoV (BSOV) through Binance P2P
You can buy BitcoinSoV (BSOV) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Payment method is the first setting you should define.
The next screen will display a snapshot of the transaction about to be completed. It includes the amount your card will be charged, the selected currency and the quantity of BitcoinSoV (BSOV) you will be given.
In fact, Binance will charge you a small amount as a commission for supporting the operation, and it will appear in that summary also.
At this point you have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The Binance platform will now redirect you to the credit card issuing bank. Follow the instructions in the same way you would pay with your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») once the banking process is complete to see your recently purchased BitcoinSoV (BSOV) already there
Know how to buy BitcoinSoV (BSOV) via Binance P2P
Another option you may use to purchase a cryptocurrency is to trade it
with another user. Payment method is the first parameter you should state.
- Login to the "Security" panel of your account.
- In the list on the left-hand side click on "Payment".
- Select "Add a Payment Method" and the platform will guide you through the rest of the process.
Once the new payment method has been added to your account, look for the "Buy Crypto" menu in the upper part of the display, press on the "Trading P2P" option and follow the instructions described below:
- On the upper bar of the "P2P Account" menu, select "Buy"
- Here you can choose the BitcoinSoV (BSOV) you would like to buy, among all those available for purchase through P2P trading. We will use «USDT» in this guide.Purchasing any crypto via P2P trading allows the subscriber to exchange it on the Binance platform for any of the foreign currencies available.
- Now you should select the local currency you want to pay with, for example, «VES». To do this, place the list under the "Fiat" label.
- In the "Amount" box, indicate the sum in VES you intend to buy with.
- Indicate the method of payment and wait for the system to display all the dealers’ ads.
- Any of the traders displayed in the list can be selected, although it is recommendable to choose a verified one (see the blue diamond badge), and even better, a high-volume seller (gold star marking).
- Now select "Buy USDT"
- Type the amount in VES you want to pay
- Select "Buy USDT" once again
- That will open an order where you will be in touch with the trader. Make the payment within the time limit and click on "Transferred, Next", then press "Confirm".
Tips on how to transfer your BitcoinSoV (BSOV) to the Spot Wallet
When you have made a payment to the trader, they may release the BitcoinSoV (BSOV), just by confirming receipt of the payment.
The default place where BitcoinSoV (BSOV) are added to is your Binance wallet.
Take into account that your BitcoinSoV (BSOV) must be in your Spot Wallet in case you would want to buy others, so you must transfer them there before.
You can move them immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after the purchase, no problem at all: you’ll always be able to do it at any moment.
Ways to transfer your BitcoinSoV (BSOV) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception validation has been done.
The place where BitcoinSoV (BSOV) are added to is your Binance wallet.
But in order for you to buy any other BitcoinSoV (BSOV), you will have to transfer them to your Spot Wallet.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order has been completed.
If you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Drop the "Wallet" list down and click on the "Wallet Funds" option.
- The "Transfer" option is located at the top right. Press it.
- A new window will pop-up, where you should configure the options to:
- From: Funds
- To: Fiat and Spot
- For this post, we use «USDT» as an example, but you’ll obviously select the currency you have
- Type the cryptos you are moving to the spot walet and press "Confirm".
That’s all! This way you will have funds in the Spot Wallet and you will be able to buy any of the several of BitcoinSoV (BSOV) within the Binance platform.
To purchase BitcoinSoV (BSOV) from Binance what you just have to do is the following:
- Locate the "Trading" option in the top top panel.
- In the listing choose the "Convert" option.
- Input the sum of «USDT» you want to spend.
- Now select the crypto you’re about to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s all. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet so you will be able to buy any of the several of BitcoinSoV (BSOV) that the Binance platform has.
Purchase any cryptocurrency from the Binance platform just following the steps detailed below:
- Select the "Trading" menu in the upper panel.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you want to spend.
- Now mark the cryptocurrency you’re about to purchase.
- Select "Preview conversion".
- Confirm the operation and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
This post surely pictured you a detailed panorama of what Binance is and how you can trade BitcoinSoV (BSOV) on it.
Don’t wait any further and start earning some extra money.