How to buy Blocery (BLY) on Binance
Binance is one of the top-notch trading platforms in the world.
Therefore, the first thing you should to do if you’d like to start trading on it is to discover ways to buy Blocery (BLY).
Stay on this post and you will discover all what you need to know about buying crypto on Binance.
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Figure out how to register on Binance
Opening a Binance account is the initial step you need to do.
Hassle-free subscription: just follow the guidelines below.
Search for the "Register" option in the Binance main page and click on it to begin the registration process.
You have the direct access here.
Look for the "Register with a phone or email" button in the main page and press it.
iOS tablets or mobile phones can be used to do this as well.
In this post you’ll will see the subscription process using an email address.
- First, select the country from the drop-down list according to the one you’re living in.
- Now the vital part: password. Create an alphanumeric word difficult enough not to be simply deducted. Don’t use your birth date, middle name or things like that. Keep in mind that it’s your property what will be secured by that word
- Here you must accept "Terms of Service" and, if you want to receive information, news and updates from Binance in your email address, click in the corresponding box
By now, you surely have received an e-mail in the address you’ve just used for subscribing on the Binance platform. It will have an activation keycode you’ll need to will enter in that page. Then press "Send"
That’s it! You are now signed up with Binance.
It would be a good idea to visit the different areas of the Binance platform and become familiar with them.
You’ll immediately notice how easy is to begin trading Blocery (BLY).
The ID checking is a required step you need to fulfill to gain access to all these options.
Please, take into account that it will be only after you have completed this protection measure that you’ll obtain permission to begin trading Blocery (BLY).
No big deal, though. See the following paragraphs to fulfill that step.
How to verify your account and get started on trading
The following are the guidelines to verify your Binance account and get the permission to begin operating:
On the main screen, place the mouse pointer on the user profile option and a list will immediately show up where you will click on "Security"
Or just look for the "Verify" button on the upper part of the screen
Locate the option "Identification" on the left part of the screen.
Now you should select your country of residence.
The platform shows you 3 levels of verification: the current one, the Verified, and the Verified Plus.
Click on the "Start now" button below the "Verified" label, since this is the beginning level.
A pop-up window will be shown, and there you’ll be required to enter your personal data: Nationality, first name and surname, middle name and date of birth. Besides, make sure you type the exact address of your residence
The next step is to support your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
The final step will be made by the Binance system: a corroboration process that will take only a short time.
Now you have to wait until your profile has been accepted. Be patient, the system will let you know via e-mail.
Congrats! Now you’re officially authorized to operate with Blocery (BLY). The following guidelines will be helpful.
How to purchase Blocery (BLY) on Binance
OK, account approved means you can begin purchasing Blocery (BLY) immediately.
In this segment you’ll learn how easy is to buy a Blocery (BLY).
Here, the Binance platform will ask you to use a legal document for identity verification.
Use your passport, ID card or even your license to complete this step.
Follow the system instructions to take a selfie.
After you have completed the system’s requirements, you will have to wait a short time while your account is verified.
Once your profile has been accepted, the platform is going to send you an email, just be patient.
Congrats! As soon as you’ve received the confirmation you’re officially enabled to operate with Blocery (BLY). The following guidelines will be helpful.
Purchasing Blocery (BLY) on Binance
OK, account confirmed was all you needed to begin buying Blocery (BLY) immediately.
Learning how to make a purchase of Blocery (BLY) is actually quite easy.
You may find more than one option throughout the process
See the "Buy cryptos" menu on the Binance homepage to know which alternatives you have when making a purchase.
Obviously, you’ll only be able to do this once you are logged in
Hover your mouse on this button and a list of buying alternatives will be displayed.
It is time to check your identity with a legal document.
ID card, passport or even a license are all valid documents to fulfill this formality.
Follow the system instructions to take a selfie.
Now you will have to wait for a short time while an account verification process takes place.
As soon as your request has been accepted, the platform is going to send you an e-mail, just be patient.
The following instructions will guide you through the Blocery (BLY) buying process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed Blocery (BLY) trader.
Buying Blocery (BLY) on Binance
Since you are registered on the platform and got your account confirmed, you are able to start trading.
In this segment you’ll realize how simple is to make a purchase of Blocery (BLY).
Take into account that you may find different options for this process
See the "Buy cryptos" menu on the Binance main page to find out which alternatives you have when making a purchase.
Certainly, you’ll only be able to do this after you’ve logged in
Find all the different purchase options just by hovering your mouse over this button.
Using your debit or credit card to buy cryptos
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Read on for detailed guidelines:
Currency to be used and amount of the investment should be specified in the next box.
Next, choose the Blocery (BLY) you are going to buy
The quantity of Blocery (BLY) you will be given will depend upon the amount of USD you have just invested. The Binance system will automatically show it to you.
The following guidelines will be helpful to continue the process:
Currency preferred and how much you’ll invest should be stated here.
The the Blocery (BLY) you intend to get must be indicated in the second field
Once you do so, the system will immediately display the quantity of Blocery (BLY) you are going to receive, taking into account the amount of USD you have recently indicated.
Click on "Continue".
To include your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" box and press the "Add card" button.
Credit card data must be completed in this step, then press "Next".
Your credit card’s address should be indicated next. Be very careful, since you must type it exactly as it is, otherwise the card won’t be admitted. Then select "Add card".
With this step, your credit card will be added to the payment methods in your account. Click "Continue".
The platform will now show you the details of the purchase order you are creating. The amount your card will be charged with the currency you have chosen, and the Blocery (BLY) you will receive.
Certainly, Binance will charge you a certain percentage as a commission for making the transaction, and that will appear in that snapshot as well.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
Next, you’ll be sent towards the bank platform the credit card has been issued by. Proceed just as you do when making a payment with your credit card on the bank website.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking procedure has been finished to find your recently bought Blocery (BLY) already credited
Buy Blocery (BLY) through Binance P2P
You could buy Blocery (BLY) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber as well. In that case, you should add which payment method you would want to use first.
Next, all the relevant details of the operation will be displayed: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will get.
It will also show you the commission will be charged for the transaction.
Now you have to acknowledge the order clicking on the "Confirm" button during the following minute, or it will be automatically shut down.
After this, you will be redirected towards the banking platform the credit card belongs to. Follow the guidelines in the same way you would pay with your card.
You may take a look at your Binance digital wallet (called the «Spot Wallet») after the banking procedure is complete to find your recently bought Blocery (BLY) already credited
Purchase Blocery (BLY) with Binance P2P
A different way to buy crypto is to exchange it
with another user. In that case, you should add the payment method you wish to make use of first.
- Go to "Security" in your account.
- Look for the "Payment" option in the menu you’ll see from the menu on the left and select it.
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
Now that the new payment method has been included in your account, go to the upper bar of the navigator and hover on "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following steps:
- Locate the "Buy" option on the top bar of the "P2P Account" tab and click it
- Here you can choose the Blocery (BLY) you want, among all those available for purchase through P2P operations. We use «USDT» in this example.Note that any Blocery (BLY) bought in P2P trading could be exchanged by any of the currencies approved by Binance.
- Now you should choose 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, type the sum in VES you would like to invest.
- After you have selected the method of payment, the platform will display a register of dealers’ offers.
- From the list list shown, you may pick any of the traders. Although it is advisable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Enter the amount in VES you wish to pay
- Select "Buy USDT" again
- Doing so will open a buying order where you will have connection with the seller. Make the payment within the time limit and press "Transferred, Next" and then press "Confirm".
Tips on how to transfer your Blocery (BLY) to the Spot Wallet
After you have made a payment to the seller, they are going to release the Blocery (BLY), by confirming payment reception.
The default place where Blocery (BLY) are added to is your Binance wallet.
Although, in case you want to buy any other Blocery (BLY), you need to send them to your Spot Wallet.
That’s easy: just click on "Transfer to Spot Wallet" once the buying order is completed.
In case you didn’t do this, don’t worry, you can move the cryptos later.
Ways to transfer your Blocery (BLY) to the Spot Wallet
The trader, upon confirming money reception, will automatically release the Blocery (BLY).
You may verify your wallet account balance to confirm reception.
Take into account that your Blocery (BLY) must be in your Spot Wallet in case you would want to get others, so you need to move them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" once the buying order has been completed.
In the event you didn’t do this, don’t worry, you can move the cryptos at any other time.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- Now click on the "Transfer" button on the upper right area of the navigator window.
- Change 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 right here we use «USDT»
- Input the cryptos you are sending for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you believe might yield the highest profit.
Buy any cryptocurrency from the Binance platform just following the instructions detailed next:
- Select the "Trading" option in the top section.
- From the listing select the "Convert" alternative.
- Type the sum of «USDT» you want to spend.
- Now indicate the crypto you’re about to buy.
- Press "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
That’s it! Now you will have money in the Spot Wallet and you will be able to buy any of the huge selection of Blocery (BLY) that the Binance platform has.
Note how easy is to buy any cryptocurrency from Binance:
- In the top section, loate the "Trading" option.
- Click on "Convert" from the list.
- Indicate the amount of «USDT» you wish to invest.
- Now indicate the cryptocurrency you’re about to buy.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
You’ve already learned how easy is to begin trading Blocery (BLY) on Binance.
Don’t wait any more and begin generating an extra income.