Purchasing BlockSwap Network (CBSN) on the Binance platform
Binance could be considered one of the world’s top trading platforms.
Therefore, the first thing you have to to do if you want to start trading on it is to discover how to buy BlockSwap Network (CBSN).
Prior to getting into the alluring world of crypto within the Binance platform, you need to know the following.
----
Learn how to register on Binance
There is only way to begin trading within the Binance platform: subscribing to it.
Just follow each one of the instructions below.
Search for the "Register" button in the Binance main page and click on it to begin the registration process.
Here you have the direct access to Binance.
Locate the "Register with a phone or email" button in the homepage and press it.
The Binance platform is totally compatible with Apple devices as well.
Here we’ll will show you the subscription technique using an email address.
- In the screen you’ll immediately see, select your country of residence from the drop down list.
- Now, write your e-mail address and a keycode. Keep in mind that you will trade your money, you have to give relevance to the password you choose
- Choose whether you would want Binance to send news and information direct to your email. Accept the "Terms of Service" and press "Create Account"
By now, you should have received an e-mail in the address you’ve just used for subscribing on the Binance platform. In its text you’ll find an activation password you’ll need to will enter in that page. Then press "Send"
You’re now a Binance user!.
It would be a nice idea to visit the different areas of the Binance platform and become familiar with them.
That’s the best way to understand how friendly the Binance platform is, and how fast you can start operating with BlockSwap Network (CBSN).
Fulfill the mandatory ID verification to enable all those options.
Warning: No BlockSwap Network (CBSN) operation will be allowed if you ignore this security measure.
In the following instructions, you’ll see how to do that. Hassle-free.
Verify your Binance account to get started trading
The following are the instructions to verify your Binance account and get authorized to begin operating:
On the main screen, hover the mouse on the user profile menu and a list will immediately appear where you will need to click on "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Look for the option "Identification" on the left side of the screen.
Country of residence must be chosen here.
Now, the three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on screen.
Click on the "Start now" button below the "Verified" label, for this will be your beginning level.
Then it will display a pop-up window where you will need to provide the following info:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
Next, you’ll need to use a legal document to support your identity.
ID card, passport or even a license will be enough to complete this requirement.
Now, you will be asked to take a selfie, following the platform’s guidance.
The last step will be carried out by the Binance platform: a corroboration process that will take only a short time.
Now wait patiently, Binance will send you an email when your request has been accepted.
The following instructions will guide you through the BlockSwap Network (CBSN) trading process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance authorized BlockSwap Network (CBSN) trader.
Learn to buy BlockSwap Network (CBSN) on Binance
OK, account verified was all you needed to begin buying BlockSwap Network (CBSN) immediately.
Take a time to figure out how to make a purchase of BlockSwap Network (CBSN).
Now you’ll have to to use a legal document to check your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will have to take a selfie, according to the platform’s guidance.
Once you have fulfilled the system’s requirements, you’ll have to wait a short while for the verification to be applied to your account.
Now you must wait until your request has been accepted. Be patient, Binance will let you know via email.
The following instructions will guide you through the BlockSwap Network (CBSN) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance authorized BlockSwap Network (CBSN) trader.
Buying BlockSwap Network (CBSN) on Binance
Beginning your BlockSwap Network (CBSN) trading adventure has never been so easy, right?.
The first step is to discover how to buy a BlockSwap Network (CBSN).
You will probably have different alternatives throughout the process
To know which options are available to you when buying, browse through the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
Hover your mouse over this option and a list of buying alternatives will deploy.
Now you’ll have to to use a legal document to check your identity.
passport, ID card 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 guidelines.
When you have fulfilled the platform’s requirements, you’ll have to wait a while for the verification to be applied to your account.
When your profile has been accepted, Binance is going to let you know via email, just be patient.
Upon receiving that email it’s time to purchase BlockSwap Network (CBSN), just see the guidelines below.
Purchasing BlockSwap Network (CBSN) on Binance
Now that you have subscribed to the Binance platform and got your account verified, you can start trading.
In this section you’ll realize how easy is to convert money into BlockSwap Network (CBSN).
Some processes might have optional paths
To find out which options are available to you when buying, browse through the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Uncover all the different buying options just by placing your mouse over this button.
Did you know you could use your credit or debit card to buy cryptocurrencies?
Pick the credit card-related option from the drop-down list labeled "Buy Cryptos".
Next, just carry out the following directions:
Now you should choose the currency you want to buy with and specify how much you are going to invest.
The the BlockSwap Network (CBSN) you wish to buy must be indicated in the second field
Taking into account the amount of USD you have just defined, the platform will immediately show you the quantity of BlockSwap Network (CBSN) you’ll get.
These guidelines will help you in the process:
Now you must choose the currency you’d like to use and enter the amount you are going to invest.
The the BlockSwap Network (CBSN) you would like to get should be indicated in the second field
Depending on the amount of USD you have just indicated, the system will automatically display the number of BlockSwap Network (CBSN) you’ll get.
Click "Continue".
Now you must indicate the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" field the option "Add card".
Type your credit card numbers and press "Next".
Your credit card’s address should be specified next. Be very careful, since you’ll need to write it exactly as it is, otherwise your card won’t be admitted. Then choose "Add card".
With this step, your credit card will be added to the valid methods of payment in your user profile. Click "Continue".
The platform will now display the summary of the buying order you are about to complete. The sum you will pay with the currency you’ve picked, and the BlockSwap Network (CBSN) you will get.
Obviously, Binance will charge you a small amount as a commission for supporting the transaction, and it will be shown in that overview also.
Within the next 60 seconds click on "Confirm", and then the order will be automatically aborted.
The Binance platform will now send you to the bank issuing the credit card. There you would complete a standard on-line payment with your credit card.
Once the banking process is complete, you are already in possession of the recently purchased BlockSwap Network (CBSN) in your Binance digital wallet (called the «Spot Wallet»)
Purchase BlockSwap Network (CBSN) with Binance P2P
You can get BlockSwap Network (CBSN) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To achieve this, the first step is to add the payment method you would want to apply.
Next, all the important details of the transaction will be presented: the amount you are paying and the corresponding currency, and obviously, the cryptos you will receive.
Another detail of relevance in this overview is the amount Binance will charge you as a commision for making the operation.
Within the next 60 seconds click on "Confirm", from then on the order will be automatically canceled.
The Binance platform will now send you to the credit card issuing bank. Follow the directions in the same way you would normally make a payment with your card.
Your recently purchased BlockSwap Network (CBSN) will be deposited to your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure is complete
Learn how to buy BlockSwap Network (CBSN) via Binance P2P
Another option you have to get a cryptocurrency is to exchange it
with another user. You should specify the payment method you wish to use first.
- Select "Security" in your account.
- Choose "Payment" on the left-hand side of the screen.
- After Clicking on "Add a Payment Method" the platform will guide you through the rest of the process.
Now that the new method of payment has been included in your profile, go to the upper bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following steps:
- Locate the "Buy" button on the upper bar of the "P2P Account" menu and press it
- This bar contains all the BlockSwap Network (CBSN) available for purchase via P2P trading. Select the one you want, in our case we use «USDT» as an example.Purchasing any crypto through P2P trading allows the trader to exchange it on Binance for any of the foreign currencies available.
- Now you should choose the local currency you want to pay with, for example, «VES». Simply, drop down the list under the "Fiat" column.
- You must indicate the sum in VES you’d like to invest in the "Amount" box.
- You will see a register of traders offering cryptos as soon as you choose the method of payment.
- From the list displayed list, you can pick any of the sellers. It is recommendable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Press "Buy USDT"
- Now the amount you want to pay in VES must be typed
- Press "Buy USDT" once again
- A buying order has been created and the trader and you will be able to contact each other for further details, in case you need it. You have a time limit to make the payment, if you fail doing so the order will be canceled by the platform (and that’s bad for your rating as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
How to transfer your BlockSwap Network (CBSN) to the Spot Wallet
The trader, upon confirming money reception, will instantly release the BlockSwap Network (CBSN).
You may see your wallet account balance to confirm reception.
However, in case you would want to get any other BlockSwap Network (CBSN), you must move them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" once the buying order has been completed.
If you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
Ways to transfer your BlockSwap Network (CBSN) to the Spot Wallet
When you have made a payment to the seller, they will be able to release the BlockSwap Network (CBSN), just by confirming payment reception.
This way, they will immediately be added to your wallet balance.
Take into account that your BlockSwap Network (CBSN) must be in your Spot Wallet in case you want to buy others, so you will need to send them there before.
That’s easy: just click on "Transfer to Spot Wallet" once the purchase order has been completed.
If you didn’t do this, don’t fear, you can move the cryptos at any other time.
- Hover the mouse upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" option on the upper right area of the screen and press it.
- Change the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Set the cryptos you are sending to the spot walet and press "Confirm".
That’s it! Now you will have money in the Spot Wallet so you will be able to trade any of the numerous BlockSwap Network (CBSN) within the Binance platform.
See how easy is to buy any crypto from the Binance platform:
- Pick the "Trading" menu in the upper section.
- From the list select the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to spend.
- Now mark the crypto you’re interested in.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you think will be profitable.
Buy any cryptocurrency from the Binance platform just following the steps described below:
- Find the "Trading" option in the top upper panel.
- From that list select the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to invest.
- Now indicate the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
This text have surely pictured you a wide overview of what Binance is and how you can do business with BlockSwap Network (CBSN) on it.
So, no need to think twice, make a fruitful business in the Binance platform.