Learn how to purchase BollyCoin (BOLLY) on Binance
There are many trading platforms today on the Internet, but clearly Binance is one of the most popular and reputed.
Therefore, the first thing you have to to do if you’ would like to begin operating on it is to figure out how to get BollyCoin (BOLLY).
This post is intended to guide the reader about how to buy BollyCoin (BOLLY) on the Binance BollyCoin (BOLLY) platform.
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Discover how to register on Binance
The only way to begin trading on the Binance platform is subscribing to it.
Registering to the platform is very simple: check the following guidelines.
On the Binance main page you must locate the "Register" option and click on it.
You have the direct link here.
At this moment press the "Register with a phone or email" button.
Apple phones or tablets can be used as well.
In this article, we’ll will show you how to register with an e-mail.
- In the screen you’ll immediately see, select your country of residence from the drop-down list.
- Now the vital step: password. Create a string of characters rare enough not to be easily guessed. Never use your name, birth date or things like that. Be well aware that it’s your property what will have to be protected by that word
- Whether you wish to be informed periodically via e-mail about Binance news, check in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via email
Check the inbox in the email address you indicate at sign up and search the activation code exclusive of your account. Write it in the corresponding line and click on "Send"
You’re now a Binance subscriber!.
Take a time to become familiar with the different areas of the Binance platform by browsing them.
This way you canyou will be able to begin trading BollyCoin (BOLLY) quickly.
Fulfill the mandatory identity verification to enable all those options.
It is very important to notice that until you complete this safety measure, you’ll not obtain permission to begin trading BollyCoin (BOLLY).
No big deal, though. See the following section to fulfill that step.
Verify your account to get started on trading
To become an authorized end user you have to complete the next steps:
From the user profile menu, choose "Security"
You may also press "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 see 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
To begin, click on "Start now" located by the "Verified" level.
A pop-up window will be shown, and there you will have to enter your personal information: Nationality, first name and surname, middle name and birth date. Also, make sure you provide the exact address of your residence
At this point, the Binance platform will require you to show a legal document for identity corroboration.
You can do this by using your passport, ID card, or license.
Follow the system requirements to take a selfie.
Now you’ll have to wait for a short time while an account verification process is performed.
Now wait patiently, Binance is going to send you an e-mail as soon as your profile has been approved.
The following instructions will guide you through the BollyCoin (BOLLY) trading process. As soon as you’ve received the confirmation e-mail, you’re a Binance authorized BollyCoin (BOLLY) trader.
Buying BollyCoin (BOLLY) on Binance
Beginning your BollyCoin (BOLLY) trading career has never been so easy, right?.
The first step is to understand how to invest your money in BollyCoin (BOLLY).
It is time to verify your identity using a legal document.
You can do this by using your ID card, passport, or license.
Follow the system instructions to take a selfie.
Once you have completed the platform’s instructions, you’ll have to wait a moment while your account is confirmed.
When your application has been approved, Binance will send you an e-mail, just be patient.
The following instructions will guide you through the BollyCoin (BOLLY) purchasing process. As soon as you’ve got the confirmation email, you’ve become a Binance authorized BollyCoin (BOLLY) trader.
Purchasing BollyCoin (BOLLY) on Binance
Starting your BollyCoin (BOLLY) trading adventure has never been so easy, right?.
Understanding how to buy a BollyCoin (BOLLY) is not so difficult.
You will probably find different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Obviously, you’ll only be able to do this once you are logged in
Find all the different buying options just by placing your mouse over this button.
It is time to verify your identity using a legal document.
You can do this by using your ID card, passport, or driver’s license.
Now the platform will require you to take a selfie under certain conditions.
When you have completed the platform’s requisites, you will have to wait a short while for the confirmation to be applied to your account.
Now you must wait until your request has been accepted. Be patient, the system will send you an email.
Upon receiving that e-mail it’s time to buy BollyCoin (BOLLY), to do so see the instructions below.
How to buy BollyCoin (BOLLY) on Binance
All right, account approved was all you needed to begin buying BollyCoin (BOLLY) immediately.
In this segment you’ll discover how simple is to make a purchase of BollyCoin (BOLLY).
Some processes might have alternative paths
Look for the "Buy cryptos" menu on the Binance main page to find out which alternatives can be found when buying.
You must, of course, make this happen after you’ve signed into your account
Hovering your mouse pointer over this option will display a list of alternatives for making your purchase.
Buying BollyCoin (BOLLY) with a credit/debit card
What you must do to purchase the BollyCoin (BOLLY) of your choice using a credit card, should be to choose this option from the "Buy Cryptos" drop-down list.
The following directions will be helpful to continue the process:
Currency to be used and amount of the investment must be stated in the next box.
The the BollyCoin (BOLLY) you intend to purchase should be chosen from the second field
The quantity of BollyCoin (BOLLY) you are going to get will depend upon the amount of USD you have previously stated. The Binance platform will immediately display it.
Continue reading for further instructions:
Now you should choose the currency you’d like to buy with and indicate the amount you are going to invest.
Next, select the BollyCoin (BOLLY) you’re going to buy
Depending on the amount of USD you’ve just specified, the platform will immediately show you the number of BollyCoin (BOLLY) you’ll receive.
Click "Continue".
To use your CC as a payment method, pick in the "Visa/Mastercard" box the button "Add card".
Then the system will ask you to enter your CC numbers.
Your credit card’s address must be stated next. Be very careful, since you must write it exactly as it is, otherwise your card could not be accepted. Then press "Add card".
When you see your new card has been added, press "Continue".
The next screen will display an overview of the operation in its final stage. That includes the amount your card will be charged, the selected currency and the quantity of BollyCoin (BOLLY) purchased.
It will also indicate the commission will be charged for the operation.
In less than 1 minute click on "Confirm", there after the order will expire automatically.
The Binance system will now reroute you to the credit card issuing bank. Follow the instructions in the same way you would normally pay with your card.
You may take a look at your Binance e-wallet (called the «Spot Wallet») after the banking process is complete and you’ll see your recently purchased BollyCoin (BOLLY) already credited
Purchase BollyCoin (BOLLY) via Binance P2P
You could get BollyCoin (BOLLY) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. In that case, you should define the payment method you wish to work with first.
The system will now display the details of the buying order you are about to complete. The amount your card will be charged in the currency you have selected, and the BollyCoin (BOLLY) you will receive.
Another detail of relevance in this quick view is the sum Binance will charge you as a commision for making the operation.
In less than 1 minute press "Confirm", from then on the order will expire automatically.
After this, you’ll be sent to the site of the credit card issuing bank. Follow the guidelines in the same way you would normally make a payment with your card.
Once the banking process is complete, you are already in possession of the recently purchased BollyCoin (BOLLY) in your Binance e-wallet (called the «Spot Wallet»)
Learn how to buy BollyCoin (BOLLY) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging BollyCoin (BOLLY)
with another Binance trader. Method of payment is the first setting you must add.
- Select "Security" in your account.
- From the menu on the left-hand side choose "Payment".
- Click on "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Once you finished configuring the new method of payment to your profile, move to the "Buy Crypto" menu (top part of the screen), select the "Trading P2P" button, and follow the guidance below:
- Click on the "Buy" option located on the top bar of the "P2P Account" menu
- This bar shows the list of BollyCoin (BOLLY) available for purchase via P2P trading. Select the one you would like to buy, here we use «USDT» as an example.It is important to note that once you purchase one of these cryptocurrencies via P2P trading, you’ll be able to exchange it for any of the currencies valid in the Binance platform.
- Locate the "Fiat" column on the upper tabs and reveal the drop-down list to find all valid currencies. We’ll use «VES» in this example.
- Use the "Amount" box to indicate the amount in VES you’re going to use to buy BollyCoin (BOLLY).
- After you’ve defined the payment method, the Binance platform will display a register of dealers’ offers.
- Any of the traders shown in the list can be chosen, but it is advisable to choose a verified one (see the blue diamond mark), and better, a high-volume seller (golden star mark).
- Next click on "Buy USDT"
- Now the amount you would want to pay in VES must be typed
- Press "Buy USDT" once again
- This will open a purchase order where you will have contact with the seller. Pay within the established time and click on "Transferred, Next", then press "Confirm".
How you can transfer your BollyCoin (BOLLY) to the Spot Wallet
Once you have made a payment to the trader, they will be able to release the BollyCoin (BOLLY), just by confirming receipt of the payment.
You may check your wallet account balance to confirm reception.
Take into account that your BollyCoin (BOLLY) must be in your Spot Wallet in order for you to get others, so you will have to send them there before.
That’s easy: just click on "Transfer to Spot Wallet" once the buying order has been completed.
In the event you didn’t follow this step, don’t be anxious, you can move the cryptos later.
How you can transfer your BollyCoin (BOLLY) to the Spot Wallet
After you have completed a payment to the trader, they may release the BollyCoin (BOLLY), by confirming invoice of the payment.
You may verify your wallet Binance balance to confirm reception.
NB: you will have to transfer them to your Spot Wallet in case you want to purchase another cryptocurrency.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order is completed.
This BollyCoin (BOLLY) internal movement can be done whenever you need.
- Click on "Wallet Funds" from the "Wallet" drop-down menu.
- Locate the "Transfer" option on the upper right area of the navigator window and click on it.
- A pop-up window will open, where you should change the options to:
- From: «Funds»
- To: «Fiat and Spot»
- For The purpose of this article, we use «USDT» as an example, but you’ll obviously select the currency you have
- Set the amount you are moving to the spot walet and click "Confirm".
That’s it! This way you will have money in the Spot Wallet so you will be able to buy any of the several of BollyCoin (BOLLY) within the Binance platform.
Purchase any crypto from the Binance platform just following the steps described below:
- Find the "Trading" menu in the top upper section.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now select the crypto you’re interested in.
- Select "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, don’t fear to purchase any cryptocurrency you believe might yield the highest profit.
To purchase BollyCoin (BOLLY) from the Binance platform what you just have to do is described below:
- In the upper section, select the "Trading" option.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Now mark the crypto you’re about to buy.
- Press "Preview conversion".
- Confirm the operation and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.
You’ve already learned how simple is to start trading BollyCoin (BOLLY) on Binance.
So, no time to waste, make a fruitful business in this cryptocurrency platform.