Learn how to buy Blocknet (BLOCK) on Binance
You can find many trading platforms on the ’net nowadays, but certainly Binance is one of the most popular and reputed.
However, if you’d like to start out operating on it, the first thing you must do is to discover ways to buy Blocknet (BLOCK).
That’s why on this page we’ll give you all what you need to know to purchase Blocknet (BLOCK) on the Binance crypto platform.
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Understand how to register on Binance
The only way to get started in trading within the Binance platform is opening an account in it.
Quick and easy subscription: just follow the detailed instructions listed below.
Proceed to the Binance main page and press on the "Register" option.
Access directly to Binance by pressing here.
Look for the "Register with a phone or email" button in the homepage and click on it.
You can also do this using your iOS tablet.
In this article we’ll will explain the subscription process using an e-mail address.
- First, select the country from the drop-down list according to the one you reside.
- Following, write your email address and a password. Be well aware that you are going to invest money, so you should give relevance to the password you select
- Here you must accept "Terms of Service" and, if you want to receive information, updates and news from Binance in your email address, mark in the corresponding box
You should have received an e-mail sent to the address you’ve just used for subscribing on the Binance platform. In its text you’ll find an activation code you’ll have to will enter in that page. Then click on "Send"
And that’s all! You are now subscribed to Binance.
Take a time to become familiar with the different areas of the Binance platform by visiting them.
This way you canit will be possible to begin operating with Blocknet (BLOCK) without difficulty.
Complete the required ID verification to enable all those options.
Please, note that it will be only after you have completed this security step that you’ll obtain permission to begin trading Blocknet (BLOCK).
However, you don’t need to worry, see the next paragraphs to learn how to do it.
Learn to verify your Binance account and start trading
The following are the steps to verify your Binance account and get the permission to start operating:
Select "Security" from the drop-down list under the user profile area
Or just look for the "Verify" button on the upper part of the navigator window
In the list shown on the left-hand part of the navigator window, pick the "Identification" option.
Now you’ll have to choose your country of residence.
The platform displays you 3 verification levels: the current one, the Verified, and the Verified Plus.
Begin by pressing "Start now" just by the "Verified" level.
Then a pop-up window will display and there you must enter the following information:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
Now you’ll have to to provide a legal document to corroborate your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Now the system will ask you to take a selfie under certain conditions.
Once you have fulfilled the platform’s guidelines, you will have to wait a moment while your account is verified.
So, be patient, Binance is going to send you an e-mail once your profile has been approved.
The following instructions will guide you through the Blocknet (BLOCK) trading process. As soon as you’ve received the confirmation email, you are a Binance authorized Blocknet (BLOCK) trader.
Buying Blocknet (BLOCK) on Binance
Now that you are registered on the Binance platform and got your account approved, you’re able to start trading.
In this section you’ll discover how easy is to buy a Blocknet (BLOCK).
It is time to support your identity using a legal document.
ID card, passport or even a driver’s license are all valid documents to complete this formality.
Now, you will be asked to take a selfie, according to the application’s guidance.
Once you have fulfilled the system’s requisites, you’ll have to wait a short time while your account is verified.
All you need to do is be patient, Binance is going to let you know via email when your application has been approved.
Congratulations! Once you’ve received the confirmation you’re officially authorized to buy Blocknet (BLOCK). See the guidelines that follow.
How to buy Blocknet (BLOCK) on Binance
Now that you are registered on the platform and got your account validated, you can begin trading.
Take a time to figure out how to buy a Blocknet (BLOCK).
Take into account that you have different options for this process
Look for the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when making a purchase.
Needless to say you must be logged into your account to be able to do this
Hover your mouse on this button and a list of buying alternatives will deploy.
Now you’ll need to show a legal document to check your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Now the platform will ask you to take a selfie following certain instructions.
The last step is on Binance’s side: a verification process that will just take a while.
When your profile has been approved, you’ll be notified via email, just be patient.
Upon receiving that e-mail it’s time to get Blocknet (BLOCK), to do so see the guidelines below.
Learn to buy Blocknet (BLOCK) on Binance
So, account verified was all you needed to begin purchasing Blocknet (BLOCK) immediately.
Learning how to buy a Blocknet (BLOCK) is not so difficult.
Take into account that you could have more than one option for this process
See the "Buy cryptos" menu on the Binance main page to know which options you have when buying.
Needless to say you must log into your account to do this
Placing your mouse pointer over this button will display a list of alternatives for making your purchase.
Buying Blocknet (BLOCK) using a credit/debit card
What you need to do to purchase the Blocknet (BLOCK) of your choice using a credit card, is to select this method from the "Buy Cryptos" drop-down list.
Read on for further directions:
Now you should pick the currency you wish to buy with and enter the amount you are going to invest.
The the Blocknet (BLOCK) you wish to buy should be picked from the second field
Once you do so, the system will automatically show you the quantity of Blocknet (BLOCK) you are going to receive, considering the amount of USD you have previously stated.
After that, just follow the following guidelines:
Currency preferred and how much you will invest must be specified in the next box.
Next, pick the Blocknet (BLOCK) you are going to get
The quantity of Blocknet (BLOCK) you are going to be given will depend upon the amount of USD you’ve recently invested. The Binance platform will automatically show it to you.
Now select "Continue".
Now you must define the method of payment you’ll use. To pay with a credit card, pick in the "Visa/Mastercard" field the option "Add card".
Card details must be indicated in this step, then click "Next".
In this step you must indicate the physical address details of the card. Following this, select "Add card".
With this, your card will be added to the valid methods of payment in your user profile. Press "Continue".
Next, all the relevant details of the operation will be presented: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you will get.
Indeed, Binance will charge you a certain percentage as a commission for making the purchase, and that will appear in that overview as well.
You have 1 minute to click on "Confirm", otherwise the order will be automatically aborted.
Next, you’ll be redirected towards the bank platform the credit card has been issued by. Follow the directions in the same way you would normally pay with your credit card.
After the banking procedure has been completed, you are already in possession of the purchased Blocknet (BLOCK) in your Binance e-wallet (referred to as the «Spot Wallet»)
See how easy is how to buy Blocknet (BLOCK) through Binance P2P
You can get Blocknet (BLOCK) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. To accomplish this, the first step is to define the payment method you want to work with.
The system will now display the synthesis of the order you are about to complete. The sum your card will be charged with the currency you’ve chosen, and the Blocknet (BLOCK) you will get.
In fact, Binance will claim a small amount as a commission for making the purchase, and it will be shown in that snapshot as well.
Now you have to validate the order pressing the "Confirm" button during the following minute, or it will be automatically aborted.
The Binance platform will now redirect you to the bank issuing the credit card. Proceed just as you do when making a standard online credit card payment.
You may check your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure is complete and you’ll see your recently bought Blocknet (BLOCK) already credited
See how easy is how to buy Blocknet (BLOCK) with Binance P2P
Another option you have to get a cryptocurrency is to trade it
with another person. To accomplish this, the first step is to state the payment method you want to work with.
- Go to your account and click on "Security".
- Select "Payment" on the left-hand side of the screen.
- After Selecting "Add a Payment Method" the Binance platform will guide you through the rest of the process.
Once you finished including the new payment method to your account, go to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" button, and follow the guidelines below:
- On the upper bar of the "P2P Account" tab, pick "Buy"
- The complete set of Blocknet (BLOCK) available for buying via P2P trading will be shown in this list, so you will be able to pick the one you’re interested in. In this guide, we present «USDT».It is important to note that when you purchase any crypto through P2P trading, you will be able to exchange it for any of the foreign currencies that operate on the Binance platform.
- It is time to select the currency you want to pay with, for instance, «VES». Simply, drop down the list under the "Fiat" label.
- You need to indicate the amount in VES you’d like to spend in the "Amount" box.
- You will see a register of dealers’ offers as soon as you choose the payment method.
- Select a seller from the displayed list. We advise that you pick one that is verified and has a high completed sales rate.
- Press "Buy USDT"
- Now the amount you would want to pay in VES must be input
- Click on "Buy USDT" again
- Now a purchase order has been generated and you’ll be able to contact the trader. Complete the payment, press "Transferred, Next", then press "Confirm". Notice that there’s a time limit for you to pay.
Learn how to transfer your Blocknet (BLOCK) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception validation has been done.
The place where Blocknet (BLOCK) are transferred to is your Binance wallet.
Take into account that your Blocknet (BLOCK) must be in your Spot Wallet in order for you to purchase others, so you must send them there before.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it later.
How to transfer your Blocknet (BLOCK) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
This way, they will immediately be deposited into your wallet.
NB: you will need to transfer them to your Spot Wallet in order for you to get any other crypto.
To get this done, all you have to do is click on "Transfer to Spot Wallet" right after the buying order has been completed.
If you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it at any moment.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" option is located on the upper right area of the navigator window. Press it.
- A pop-up window will open, where you must set the options to:
- From: «Funds»
- To: «Fiat and Spot»
- For this post, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Type the amount you are about to send for the Exchange and click "Confirm".
With these money already in your Spot Wallet, don’t fear to trade any cryptocurrency you believe will yield the greatest profit.
See how simple is to buy any crypto from the Binance platform:
- In the top panel, loate the "Trading" menu.
- Select "Convert" from the list.
- Indicate the sum of «USDT» you want to invest.
- Now mark the crypto you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s all. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from purchasing any cryptocurrency you think could yield the highest profit.
To purchase Blocknet (BLOCK) from Binance what you just have to do is described below:
- In the top panel, loate the "Trading" option.
- From that listing select the "Convert" option.
- Fill in the box the sum of «USDT» you wish to invest.
- Now select the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
This article have surely pictured you a wide overview of what Binance is and how you can do business with Blocknet (BLOCK) on it.
Don’t wait any more and start earning an extra income.