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Binance is among the top trading platforms in the world.
Therefore, the first thing you need to to do if you need to start trading on it is to discover how to purchase BitcoinX (BTCX).
Stay on this article and you’ll discover all what you need to know about purchasing crypto on Binance.
To be able to buy BitcoinX (BTCX) on Binance, the first thing you have to know is definitely how to register.
No complicated subscription: just follow the detailed guidelines below.
On the Binance main page you have to locate the "Register" button and press it.
Here you have the direct link to Binance.
Now press the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
In this guide, we’ll will show you how to do this with an email.
By now, you should have received an e-mail in the address you’ve just used to create your Binance account. In its text you’ll see a one-time-only activation code you will enter in that page. Then press "Send"
That’s it! You are now and authorized subscriber of Binance.
Take a time to become familiar with the different areas of the Binance platform by browsing them.
You’ll discover how simple is to start trading BitcoinX (BTCX).
To get access to these options, the first thing you must do is fulfill the ID checking.
Important: No BitcoinX (BTCX) operation will be allowed if you skip this security step.
In the next section, you’ll learn how to do it. Hassle-free.
These are the instructions to verify your Binance account and get authorized to start trading:
Select "Security" from the drop-down list under the user profile button
Or simply look for the "Verify" button on the upper part of the screen
Click "Identification" on the left list of options.
Choose your Country of Residence.
Now, the 3 verification levels:
At this moment, you should select "Verified", clicking on the "Start now" option under that label.
A new window will be shown, and there you’re going to provide your personal info: Nationality, first name and last name, middle name and date of birth. Besides, make sure you give the exact address of your residence
It is time to corroborate your identity with a legal document.
passport, ID card or even a driver’s license are all valid documents to complete this requirement.
Now the platform will ask you to take a selfie following certain instructions.
Once those steps have been fulfilled, the Binance system will do a verification process on your account.
So, be patient, Binance is going to let you know via e-mail as soon as your profile has been approved.
Upon receiving that e-mail it’s time to purchase BitcoinX (BTCX), to do so see the guidelines below.
In this section you’ll realize how easy is to buy a BitcoinX (BTCX).
At this point, the Binance platform will ask you to use a legal document for identity verification.
You can do this by using your ID card, passport, or license.
Follow the system instructions to take a selfie.
Once you have fulfilled the system’s guidelines, you will have to wait a moment while your account is verified.
When your profile has been approved, you will be informed via email, just be patient.
The following instructions will guide you through the BitcoinX (BTCX) buying process. As soon as you’ve got the confirmation e-mail, you are a Binance authorized BitcoinX (BTCX) trader.
First you need to understand how to buy a BitcoinX (BTCX).
Some processes may have alternative paths
Browse through the "Buy cryptos" menu on the Binance homepage to know which alternatives you have when making a purchase.
You need to, of course, do this once you are logged into your account
Move your mouse over this key and a list of buying alternatives will deploy.
Next, you’ll need to present a legal document to verify your identity.
ID card, passport or even a driver’s license are all valid documents 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 period while an account confirmation process is performed.
Now you must wait until your application has been accepted. Be patient, the system is going to let you know via email.
The following instructions will guide you through the BitcoinX (BTCX) purchasing process. As soon as you’ve received the confirmation email, you have become a Binance authorized BitcoinX (BTCX) trader.
The first thing is to discover how to buy a BitcoinX (BTCX).
Be aware that you have more than one option for this process
To find out which options can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You should, of course, do that after you’ve logged into your account
Unveil all the different purchase options just by hovering your mouse over this button.
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
These guidelines will help you in the process:
Currency to be used and amount of the investment should be stated here.
In the next field you must pick the BitcoinX (BTCX) you intend to get
After you do so, the system will automatically display the quantity of BitcoinX (BTCX) you are going to receive, taking into account the amount of USD you’ve recently stated.
The following instructions will help you in the process:
Now you must pick the currency you’d like to use and type the amount you are going to invest.
The the BitcoinX (BTCX) you intend to get must be indicated in the second field
When you do so, the system will immediately display the quantity of BitcoinX (BTCX) you’ll get, considering the amount of USD you have just specified.
Now select "Continue".
Now it’s time to define the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" field the option "Add card".
Credit card data must be entered in this step, then click "Next".
The following field is intended to specify the address associated to the credit card. Write it exactly as it is, then press "Add card".
When you see your new card has been included, click on "Continue".
The next screen will display a snapshot of the transaction about to be completed. That includes the amount your card will be charged, the selected currency and the amount of BitcoinX (BTCX) bought.
It will also indicate the commission you must pay for the transaction.
Within the next 60 seconds press "Confirm", from then on the order will expire automatically.
After this, you will be sent to the bank platform the credit card belongs to. There you should make a standard online payment using your credit card.
Your recently bought BitcoinX (BTCX) will be available in your Binance digital wallet (referred to as the «Spot Wallet») once the banking procedure is complete
The platform will now display the synthesis of the purchase order you are generating. The amount you will pay in the currency you’ve picked, and the BitcoinX (BTCX) you will receive.
Another important detail in this snapshot is the percentage Binance will charge you as a commision for making the transaction.
Now you must acknowledge the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically terminated.
The following step has to be carried out on the credit card bank webpage. Then you would complete a normal online payment with your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») when the banking procedure is complete and you’ll see your recently bought BitcoinX (BTCX) already there
When the new payment method has been added to your profile, locate the "Buy Crypto" menu on the top bar of the navigator, press on the "Trading P2P" button and follow the directions described below:
The trader, upon confirming payment reception, will automatically release the BitcoinX (BTCX).
You may see your wallet account balance to confirm reception.
Note that you need to send them to your Spot Wallet in order for you to buy another cryptocurrency.
You can do this immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t fear, you can do it later.
The seller, upon validating payment reception, will automatically release the BitcoinX (BTCX).
The default place where BitcoinX (BTCX) are transferred to is your Binance wallet.
Take into account that your BitcoinX (BTCX) must be in your Spot Wallet in order for you to buy others, so you will need to move them there before.
You can move them immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This BitcoinX (BTCX) internal movement can be carried out whenever you need.
All right! Now you have funds available to purchase any of the huge selection of BitcoinX (BTCX) in the Binance platform.
To buy BitcoinX (BTCX) from the Binance platform all you have to do is the following:
All right! Now you have funds available to trade any of the several BitcoinX (BTCX) in the Binance platform.
Discover how simple is to buy any cryptocurrency from the Binance platform:
Based on the information above, you are now ready to start out trading on Binance.
Don’t wait any further and begin generating some extra money.
If you are planning to earn money through cryptocurrencies, you should discover ways to operate the Kucoin platform. This exchange is providing good benefits to any or all its subscribers, in fact it is showing a lot more progress in all its operations.
If you would like to learn easily how to purchase a BitcoinX (BTCX) in Kucoin, you must stay in this post.
Once you have created your account into the Kucoin platform and fulfilled the security requirements, you have to deposit your money. This process is very easy, and you have several options to do so.
One of them is to navigate to the «Balance» or «Assets» section at the top right of the navigator screen and select the «Deposit» button. And then, select the BitcoinX (BTCX) you would want to deposit into your personal account to buy new cryptos, for instance, USDT.
Next, you should find the network you will use for completing the operation. We all suggest Tron (TRC20) because it takes the lowest commissions.
Next you’ll find the address you need to put in the "Exchange" where you have the USDT you wish to send to Kucoin. Once you do this, you will instantly obtain the funds within your main account.
If this seems not to be not working in the country you’re living, you should attempt transferring funds to your account through P2P trading. This type of transaction means that you actually make a bank transfer to one of the registered traders to obtain any of the accepted cryptos.
When you get the money in your account, it’s time to learn how to interact with the Kucoin website.
Before buying a BitcoinX (BTCX) on Kucoin you need to move the money you have just purchased to the trading accounts. To get this done you have to navigate to the "Balance" menu, click on the main account, enter your cryptocurrencies and choose «Transfer». This last button can be found on the same line as the currency you are going to use to complete the purchase.
If that seems not to be not working in the country you’re currently living, you could try transferring the money to your account via P2P trading. This type of transaction implies that you make a traditional bank transfer to one of the listed traders to obtain any of the accepted cryptos.
Now that you have the funds in your account, it’s time to start interacting the Kucoin platform.
Before buying a BitcoinX (BTCX) on Kucoin you must transfer the money you’ve just purchased to the trading accounts. To do this you have to open the "Balance" menu, click on the main account, enter the cryptocurrencies after which choose «Transfer». This last option can be situated on the same line than the currency you will use to complete the purchase.
Next, you are redirected to a menu to select where you wish to send the funds. You must take from the «Main Account» to the "Trading Account", and add the currency and the amount you decided to send to transact. Then click on "Confirm".
Once you got the funds already credited in the account, you can purchase your crypto and start trading.
Now we will discuss how to buy BitcoinX (BTCX) in diverse methods. To start, you should open the «Trade» menu and pick "Spot trading" (Spot Market). Next type the word BitcoinX (BTCX) in the search box in the top corner of the site.
The system will show you the crypto pairs you are allowed to operate with.
In other words, you‘ll only be capable to purchase BitcoinX (BTCX) only with the crypto pairs it shows you.
In this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT since we have funds in this two. When we do it, it instantly loads the crypto graph and the order book containing the buy and sell operations.
For being able to accomplish the operation, you ought to enter the trading code.
At the bottom-right, the platform shows the user the financial markets to trade crypto, automatically enabling the «Spot». There we have 3 options to buy BitcoinX (BTCX). Those are the following:
You can also configure the order activation yet process it at the greatest market price. You do this by choosing «Stop Market», and indicating in "Stop Price" the sum you prefer the BitcoinX (BTCX) to reach to trigger the order and the amount of USDT to spend. By clicking on Buy BitcoinX (BTCX), your order will be processed at the market rate when it is the identical to the stop price you have put.
With any of these alternatives, you already have the BitcoinX (BTCX) tokens you have purchased in your trading account. From now on you’re free to make transactions with that or you may want to purchase other cryptos. Bear in mind that with BitcoinX (BTCX) you’ll only be capable to get the cryptos available in their pairs. Frequently you will need to sell the BitcoinX (BTCX) for a crypto that typically appears in the BitcoinX (BTCX) pairs, such as BTC, USDT, and BNB, and after that you can get the one that you really wish.
Now you can buy a BitcoinX (BTCX) through Kucoin.
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