How to purchase bitSilver (BITSILVER) on the Binance platform
There is no doubt one of the world’s most reputed trading platforms today is Binance.
But if you’d like to get started operating on it, the first thing you need to do is to learn how to purchase bitSilver (BITSILVER).
Before getting into the exciting world of cryptocurrency on the Binance platform, you must know the following.
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Discover ways to register on Binance
The only way to get started in trading on Binance is subscribing to it.
To do so, you must follow each one of the instructions listed below.
Search for the "Register" button in the Binance homepage and click on it to begin the registration process.
You may log in directly by pressing here.
Once on the Binance platform click on the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS mobile devices as well.
In this post, we’ll will show you how to do this using an email account.
- In the window you’ll immediately see, choose your country of residence from the drop-down list.
- The next step is picking a safety password. This is vital since it’s all about your money, so you must to create a robust one
- Indicate whether you wish Binance to send news and information direct to your email. Accept the "Terms of Service" and click on "Create Account"
Check the inbox at the email address you indicate at sign up and look for the activation code for your account. Enter it in the corresponding line and click on "Send"
Finally, your Binance account has been activated.
It would be a good idea to navigate through the different areas of the Binance platform and become familiar with them.
This way you mayyou will be able to start trading bitSilver (BITSILVER) without any trouble.
The identity verification is a required step you must fulfill to have access to all those options.
Warning: No bitSilver (BITSILVER) trading will be permitted if you omit this safety measure.
In the following instructions, you’ll see how to do it. Hassle-free.
Learn to verify your account and start trading
To be a certified user you have to complete the steps below:
Choose "Security" from the drop-down list under the user profile area
You can also click on the "Verify" button on the upper part of the navigator window
In the list displayed on the left-hand side of the navigator window, press on the "Identification" option.
Choose the Country of Residence.
Here you’ll will immediately find three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Begin by pressing "Start now" just by the "Verified" level.
Then a pop-up window will appear and there you should enter the following info:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Exact address of your residence.
Here, the Binance platform will require you to use a legal document for identity verification.
You can do this with your passport, ID card, or driver’s license.
Now, you will be asked to take a selfie, following the application’s instructions.
The final step will be carried out by the Binance system: a corroboration process that will just take a while.
Now you must wait until your application has been approved. Be patient, the platform will let you know via email.
Congrats! Now you’re officially licensed to operate with bitSilver (BITSILVER). The following instructions will be helpful.
Purchasing bitSilver (BITSILVER) on Binance
Since you have subscribed to the Binance platform and have your account validated, you’re OK to begin trading.
In this section you’ll realize how easy is to convert cash into bitSilver (BITSILVER).
The next step is to sustain your identity with a legal document.
ID card, passport or even a license will be enough to complete this formality.
Follow the system guidelines to take a selfie.
The final step will be made by the Binance platform: a corroboration process that will just take a while.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to send you an e-mail.
Congratulations! As soon as you’ve received the confirmation you’re officially enabled to trade bitSilver (BITSILVER). The following instructions will be helpful.
Learn to buy bitSilver (BITSILVER) on Binance
Since you have registered on the platform and have your account approved, you can begin trading.
In this segment you’ll discover how simple is to invest your money in bitSilver (BITSILVER).
Some steps may have alternative paths
To know which options you have when buying, see the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this button will display a list of alternatives to make your purchase.
At this point, the Binance platform will ask you to provide a legal document for identity verification.
You can do this with your ID card, passport, or driver’s license.
Now the platform will ask you to take a selfie following certain guidelines.
Once those steps have been completed, the Binance system will do a verification process on your account.
Now you must wait until your request has been accepted. Be patient, the platform is going to let you know via e-mail.
Congrats! Now you’re officially authorized to buy bitSilver (BITSILVER). See the guidelines that follow.
Buying bitSilver (BITSILVER) on Binance
Beginning your bitSilver (BITSILVER) trading experience has never been so easy, right?.
The first step is to understand how to invest your money in bitSilver (BITSILVER).
You will probably find different alternatives throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You will need to, of course, do that after you’ve logged into your account
Place your mouse over this button and a list of buying alternatives will deploy.
Using your credit or debit card for buying cryptos
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
The following directions will be helpful to continue the process:
Currency preferred and amount of the investment should be defined in the next box.
Next, pick the bitSilver (BITSILVER) you’re going to get
The quantity of bitSilver (BITSILVER) you will get will depend upon the amount of USD you’ve recently specified. The Binance platform will immediately display it.
After that, just observe these instructions:
In the next box, choose the currency you’d like to buy with and enter the amount you want to invest.
In the second field you must choose the bitSilver (BITSILVER) you’d like to buy
The quantity of bitSilver (BITSILVER) you’ll get will depend upon the amount of USD you have just indicated. The Binance system will immediately show it to you.
Now select "Continue".
In case you want to pay with a credit card, select in the "Visa/Mastercard" box the button "Add card".
Card details must be indicated in this step, then press "Next".
Your credit card’s address should be indicated next. Try not to mistype a single character, since you must type it exactly as it is, otherwise your card might not be accepted. Then choose "Add card".
When you see your new card has been added, press "Continue".
Next, all the relevant details of the operation will be displayed: the amount you will pay and the corresponding currency, and of course, the cryptos you will get.
Obviously, Binance will claim a certain percentage as a commission for supporting the operation, and that will be shown in that summary as well.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
Next, you will be redirected to the bank platform the credit card has been issued by. Then you will complete a normal on-line payment using your credit card.
When the banking procedure is complete, you will get your recently bought bitSilver (BITSILVER) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy bitSilver (BITSILVER) with Binance P2P
You may buy bitSilver (BITSILVER) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. To accomplish this, the first step is to indicate the payment method you wish to use.
Next, all the important details of the operation will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to get.
It will also show you the commission will be charged for the operation.
In less than 1 minute click on "Confirm", and then the order will be automatically aborted.
The system will now redirect you to the bank issuing the credit card. Follow the directions in the same way you would pay with your card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») after the banking procedure is complete to see your recently bought bitSilver (BITSILVER) already there
Buy bitSilver (BITSILVER) via Binance P2P
You could get bitSilver (BITSILVER) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. Method of payment is the first setting you should add.
- Go to the "Security" panel of your profile.
- From the menu on the left-hand side select "Payment".
- Select "Add a Payment Method" and the platform will guide you through the rest of the procedure.
After the new payment method has been included in your profile, look for the "Buy Crypto" menu on the upper bar of the navigator, press on the "Trading P2P" option and follow the steps described below:
- On the upper bar of the "P2P Account" menu, pick "Buy"
- In this bar you will find all the bitSilver (BITSILVER) available for purchase through P2P trading. Pick the one you want, here we present «USDT» as an example.Any bitSilver (BITSILVER) bought through P2P trading could be exchanged by any of the currencies approved by Binance.
- Look for the "Fiat" column on the upper tabs and deploy the drop-down list to see all available currencies. Let’s use «VES» in this example.
- Use the "Amount" box to type the amount in VES you’d like to invest to buy bitSilver (BITSILVER).
- You will see a list of traders’ ads a little while after you choose the payment method.
- Locate a trader from the displayed list. We suggest that you choose one that is verified and has a high percentage of sales completed.
- Press "Buy USDT"
- In this step, the amount you would want to pay in VES must be typed
- Click on "Buy USDT" again
- This will open a purchase order where you will have connection with the trader. Pay within the established time and click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your bitSilver (BITSILVER) to the Spot Wallet
Once you have made a payment to the trader, they will release the bitSilver (BITSILVER), by confirming payment reception.
The place where bitSilver (BITSILVER) are added to is your Binance wallet.
But in order for you to purchase any other bitSilver (BITSILVER), you will need to transfer them to your Spot Wallet.
That’s easy: just click on "Transfer to Spot Wallet" once the purchase order has been completed.
If you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it later.
Learn how to transfer your bitSilver (BITSILVER) to the Spot Wallet
The trader, upon receiving your money, will automatically release the bitSilver (BITSILVER).
You may verify your wallet Binance balance to confirm reception.
But in case you want to buy another bitSilver (BITSILVER), you need to move them to your Spot Wallet.
To achieve this, you only need to press "Transfer to Spot Wallet" right after the purchase order is completed.
This bitSilver (BITSILVER) internal movement can be done whenever you need.
- Drop the "Wallet" menu down and select the "Wallet Funds" button.
- Next click on the "Transfer" option at the top right.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example here we use «USDT»
- Enter the cryptos you are transferring for the Exchange and click "Confirm".
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you consider could yield the greatest profit.
Purchase any cryptocurrency from the Binance platform just following the instructions described below:
- Select the "Trading" menu in the top upper section.
- From that listing select the "Convert" alternative.
- Indicate the amount of «USDT» you wish to spend.
- Now select the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have money available to purchase any of the numerous bitSilver (BITSILVER) in the Binance platform.
To buy bitSilver (BITSILVER) from the Binance platform what you just have to do is described below:
- In the upper panel, find the "Trading" menu.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to invest.
- Now mark the crypto you’re about to purchase.
- Select "Preview conversion".
- Validate the transaction and that’s it. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
Based upon the above mentioned information, you are now ready to start trading on Binance.
Cryptos are the future, and Binance is a safe and comfortable place to do business. Start today!