How to buy BitOnyx (BTNYX) on the Binance platform
No doubt one of the world’s most reputed trading platforms nowadays is Binance.
Learning how to trade with BitOnyx (BTNYX) is essential if you wish to start out operating on that platform.
Continue reading this article and you will discover all the information you should have for buying crypto on Binance.
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How to register on Binance
To be capable of buying BitOnyx (BTNYX) on Binance, the vital thing you must know is certainly how to open your account.
Hassle-free subscription: just follow the guidelines listed below.
Navigate to the Binance main page and click on the "Register" button.
You have the direct access here.
In the Binance homepage you’ll see a button labeled "Register with a phone or email". Click on it.
You can also do this using your Apple device.
In this article, we’ll will show you how to suscribe with an email.
- First, pick the country from the drop down list according to the one you reside.
- Following, write your e-mail address and a safety password. Be well aware that you will invest your money, you should give importance to the password you select
- Choose if you wish to receive information and news directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
Check the inbox of the email address you used for enrollment and look for the activation code for your account. Enter it in the corresponding box and press "Send"
Finally, your Binance account has been activated.
It is a nice idea to visit the different areas of the Binance platform and get acquainted to them.
That’s the best way to know how friendly the Binance platform is, and how quick you can begin operating with BitOnyx (BTNYX).
To gain access to those options, the first thing you have to do is fulfill the ID checking.
It is very important to notice that unless you fulfill this security step, youwon’t be allowed to begin operating with BitOnyx (BTNYX).
In the following paragraphs, you’ll see how to do it. Zero problems.
Verify your Binance account to start trading
See the next instructions and become an authorized subscriber:
On the main page, hover the mouse on the user profile button and a list will immediately show up where you will click on "Security"
Or simply look for the "Verify" button on the upper part of the navigator window
Pick "Identification" on the left menu.
Country of residence is the first thing you must choose.
Now you’ll will see 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Now you must select "Verified", clicking on the "Start now" button below that label.
Then a pop-up window will display and there you will have to enter the following data:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
Now you’ll have to to use a legal document to verify your identity.
You can do this with your passport, ID card, or driver’s license.
In the next stage, you will have to take a selfie, following the application’s instructions.
Now you’ll have to wait for a short period while an account confirmation process takes place.
Now wait patiently, Binance is going to let you know via email once your request has been accepted.
The following instructions will guide you through the BitOnyx (BTNYX) trading process. As soon as you’ve received the confirmation email, you are a Binance licensed BitOnyx (BTNYX) trader.
Learn to buy BitOnyx (BTNYX) on Binance
Since you have subscribed to the Binance platform and got your account validated, you’re OK to begin trading.
Take a time to figure out how to make a purchase of BitOnyx (BTNYX).
The next step is to check your identity using a legal document.
You can do this by using your ID card, passport, or license.
Now, you will be asked to take a selfie, following the application’s instructions.
Once you have fulfilled the platform’s requirements, you will have to wait a moment while your account is confirmed.
Once your request has been approved, Binance will send you an email, just be patient.
The following instructions will guide you through the BitOnyx (BTNYX) purchasing process. As soon as you’ve got the confirmation email, you’ve become a Binance authorized BitOnyx (BTNYX) trader.
Buying BitOnyx (BTNYX) on Binance
Starting your BitOnyx (BTNYX) trading experience has never been so easy, right?.
Learning how to make a purchase of BitOnyx (BTNYX) is actually quite easy.
Be aware that you have different alternatives for this process
Look for the "Buy cryptos" menu on the Binance homepage to know which options you have when buying.
You have to, of course, make this happen once you are logged into your account
Move your mouse on this button and a list of buying alternatives will deploy.
At this point, 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.
In the next stage, you will have to take a selfie, according to the platform’s guidelines.
After fulfilling all those requirements, the Binance system will execute a verification process on your account.
Now you must wait until your request has been accepted. Be patient, Binance is going to send you an e-mail.
Congratulations! Now you’re officially licensed to trade BitOnyx (BTNYX). The following instructions will be helpful.
Purchasing BitOnyx (BTNYX) on Binance
Now that you have subscribed to the Binance platform and have your account validated, you are OK to start trading.
In this segment you’ll learn how easy is to convert cash into BitOnyx (BTNYX).
You may find more than one option throughout the process
To know which options can be found when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Certainly, 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 be shown.
Buying BitOnyx (BTNYX) using a credit/debit card
What you will do to purchase the BitOnyx (BTNYX) of your preference using a credit card, is to choose this option from the drop-down list labeled "Buy Cryptos".
The following directions will be helpful to continue the process:
In the next box, pick the currency you’d like to buy with and enter how much you are going to invest.
The the BitOnyx (BTNYX) you wish to buy should be selected from the second field
The quantity of BitOnyx (BTNYX) you’ll get will depend upon the amount of USD you’ve just specified. The Binance system will immediately display it.
These instructions will be helpful to continue the process:
Currency to be used and how much to invest must be stated in the next box.
In the next field you must choose the BitOnyx (BTNYX) you’d like to buy
When you do so, the system will automatically show you the number of BitOnyx (BTNYX) you’ll be given, according the amount of USD you’ve recently invested.
Click on "Continue".
Now you must define the method of payment you’ll use. To pay with your credit card, choose in the "Visa/Mastercard" box the button "Add card".
Card details must be indicated in this step, then click "Next".
The following field is where you’ll write the address the card is associated to. Type it exactly as it is, then select "Add card".
With this step, your card will be added to the payment methods in your account. Press "Continue".
The system will now show you the synthesis of the purchase order you are creating. The amount your card will be charged in the currency you’ve picked, and the BitOnyx (BTNYX) you will receive.
It will also let you know the commission will be charged for the transaction.
Now you must acknowledge the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically aborted.
The following step must be done on the credit card bank system. Proceed just as you usually do when making a payment with your card on the bank website.
You may check your Binance e-wallet (called the «Spot Wallet») when the banking procedure has been finished and you’ll find your recently bought BitOnyx (BTNYX) already there
Know how to buy BitOnyx (BTNYX) with Binance P2P
You may get BitOnyx (BTNYX) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To achieve this, the first step is to add which payment method you want to make use of.
Next, you’ll be presented a snapshot of the operation about to be completed. It includes the amount your card will be charged, the chosen currency and the amount of BitOnyx (BTNYX) you will receive.
Another detail of relevance in this snapshot is the amount Binance will charge you as a commision for making the transaction.
Now you have to validate the order pressing the "Confirm" button during the next 60 seconds, or it will be automatically terminated.
Next, you will be sent to the bank platform the credit card has been issued by. There you should make a standard on-line payment with your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») once the banking process has been done and you’ll see your recently bought BitOnyx (BTNYX) already credited
Purchase BitOnyx (BTNYX) through Binance P2P
You can get BitOnyx (BTNYX) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. Payment method is the first setting you must specify.
- Go to your account and press "Security".
- From the menu on the left-hand side choose "Payment".
- After choosing "Add a Payment Method" the Binance system will guide you through the rest of the procedure.
When the new method of payment has been added to your profile, locate the "Buy Crypto" menu in the top part of the display, click the "Trading P2P" button and follow the guidelines described below:
- Press the "Buy" button located on the upper bar of the "P2P Account" tab
- Here you can select the BitOnyx (BTNYX) you want, among all those available for buying via P2P trading. We will use «USDT» for this example.Note that any BitOnyx (BTNYX) bought in P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- It is time to select the local currency you want to pay with, for instance, «VES». Simply, see the drop-down list under the "Fiat" column.
- Now you must indicate the sum in VES you’re going to spend in the "Amount" box.
- Indicate the payment method and wait for the platform to display the register of the traders’ ads.
- From the list list shown, you can pick any of the sellers. Although it is advisable to select a verified one and better if a high percentage of completed sales is displayed.
- Click on "Buy USDT"
- Now the amount you want to invest in VES must be entered
- Select "Buy USDT" again
- Doing so will open a buying order where you will have contact with the seller. Pay within the established time and click on "Transferred, Next", then press "Confirm".
Tips on how to transfer your BitOnyx (BTNYX) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception validation has been done.
You may check your wallet account balance to confirm reception.
Note that you will have to move them to your Spot Wallet in case you want to buy another crypto.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order is completed.
If you forget to do this right after the purchase, no problem at all: you’ll always be able to do it at any moment.
How you can transfer your BitOnyx (BTNYX) to the Spot Wallet
When you have made a payment to the seller, they may release the BitOnyx (BTNYX), by confirming payment reception.
The place where BitOnyx (BTNYX) are added to is your Binance wallet.
NB: you must transfer them to your Spot Wallet in order for you to get any other cryptocurrency.
To do this, you only need to press "Transfer to Spot Wallet" once the buying order is completed.
This BitOnyx (BTNYX) internal movement can be carried out anytime later.
- Click on "Wallet Funds" from the "Wallet" drop-down list.
- Then press "Transfer" button at the top right.
- Set the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have money, in the example in this article we use «USDT»
- Type the amount you are transferring for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you consider might be worthwhile.
Purchase any crypto from the Binance platform just following the steps described below:
- In the upper panel, select the "Trading" option.
- From the listing choose the "Convert" option.
- Fill in the box the amount of «USDT» you would like to spend.
- Select the cryptocurrency you intend to get.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet and you will be able to purchase any of the huge selection of BitOnyx (BTNYX) within the Binance platform.
Purchase any crypto from Binance just following the instructions detailed next:
- In the top panel, look for the "Trading" option.
- From that listing select the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Select the cryptocurrency you intend to get.
- Select "Preview conversion".
- Confirm the operation and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how simple is to start out trading BitOnyx (BTNYX) on Binance.
So, no time to waste, make a fruitful business in this cryptocurrency platform.