How to purchase BoomCoin (BOOMC) on the Binance platform
There is no doubt one of the world’s top trading platforms nowadays is Binance.
But if you wish to start trading on it, the first thing you should do is to learn how to purchase BoomCoin (BOOMC).
The goal of this article is to guide you about how to trade with BoomCoin (BOOMC) on the Binance BoomCoin (BOOMC) exchange.
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Discover ways to register on Binance
To be capable of buying BoomCoin (BOOMC) on Binance, the vital thing you must know indeed is how to subscribe.
Subscribing onto the platform is quite simple: observe the following guidelines.
On the Binance main page you have to locate the "Register" button and click on it.
Go directly to Binance by pressing here.
Once on the Binance platform click on the "Register with a phone or email" button.
Apple devices can be used as well.
For the purpose of this guide, the email address registration process will be shown.
- From the drop down list of countries, choose the one you reside.
- The next step is defining a safety password. This is vital since it’s all about your money’s safety, so you need to create a really strong one
- Whether you want to be informed periodically via email about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Now it only needs to be verified via email
The Binance platform will immediately send a one-time-only activation keycode (NB: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then press "Send"
You’re now a Binance user!.
Take a time to get acquainted to the different areas of the Binance platform by visiting them.
That’s the best way to know how practical the Binance platform is, and how fast you can start operating with BoomCoin (BOOMC).
Fulfill the required identity checking to enable all those options.
Please, be well aware that it is only after you have fulfilled this security measure that you’ll be allowed to start trading BoomCoin (BOOMC).
In the following section, you’ll be guided on how to do that. Hassle-free.
Learn to verify your account and start trading
To be an authorized customer you have to complete the next steps:
Select "Security" from the drop-down list under the user profile section
Another option is to move to the upper part of the screen and click on the "Verify" button
Look for the option "Identification" on the left part of the navigator window.
Country of residence should be picked here.
It shows you three verification levels: the current one, the Verified, and the Verified Plus.
Press the "Start now" button below the "Verified" label, since this is the beginning level.
Then it will display a pop-up window in which you must enter the following data:
- Nationality.
- First Name and Last name.
- Middle name and date of birth.
- Residence address (exact).
Here, the Binance platform will ask you to show a legal document for identity corroboration.
Use your passport, ID card or even your license to complete this step.
Follow the system guidelines to take a selfie.
The last step is on Binance’s side: a certification process that will just take a while.
When your application has been approved, Binance will send you an email, just be patient.
After that, it’s time to get BoomCoin (BOOMC), to do so see the instructions below.
How to buy BoomCoin (BOOMC) on Binance
Starting your BoomCoin (BOOMC) trading career has never been so easy, right?.
Learning how to convert money into BoomCoin (BOOMC) is not that hard.
Now you’ll have to to show a legal document to check your identity.
You can do this with your ID card, passport, or driver’s license.
Follow the system instructions to take a selfie.
The final step will be carried out by the Binance system: a certification process that will take only a short time.
Now you must wait until your profile has been approved. Be patient, the platform is going to let you know via email.
The following instructions will guide you through the BoomCoin (BOOMC) purchasing process. As soon as you’ve got the confirmation e-mail, you are a Binance licensed BoomCoin (BOOMC) trader.
Purchasing BoomCoin (BOOMC) on Binance
Starting your BoomCoin (BOOMC) trading adventure has never been so easy, right?.
In this section you’ll see how easy is to convert money into BoomCoin (BOOMC).
Be aware that you may have different options for this process
See the "Buy cryptos" menu on the Binance main page to find out which options you have when buying.
You must, of course, do that once you are logged into your account
Move your mouse on this option and a list of buying alternatives will deploy.
The next step is to sustain your identity using a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, according to the application’s guidelines.
The last step is on Binance’s side: a corroboration process that will take only a short time.
Now you have to wait until your request has been approved. Be patient, Binance is going to let you know via email.
The following instructions will guide you through the BoomCoin (BOOMC) trading process. As soon as you’ve got the confirmation e-mail, you are a Binance authorized BoomCoin (BOOMC) trader.
Buying BoomCoin (BOOMC) on Binance
Beginning your BoomCoin (BOOMC) trading career has never been so simple, right?.
Understanding how to convert cash into BoomCoin (BOOMC) is not so difficult.
You may find different options throughout the process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Obviously, you’ll only be able to do this after you’ve logged in
Move your mouse over this button and a list of buying alternatives will be displayed.
Buying BoomCoin (BOOMC) using a credit/debit card
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
These directions will help you in the process:
Now you should pick the currency you want to use and type how much you want to invest.
Next, pick the BoomCoin (BOOMC) you are going to buy
Once you do so, the platform will immediately show you the number of BoomCoin (BOOMC) you will receive, considering the amount of USD you’ve just indicated.
The following guidelines will be helpful to continue the process:
Now you must choose the currency you wish to use and type the amount you are going to invest.
Next, select the BoomCoin (BOOMC) you are going to buy
The quantity of BoomCoin (BOOMC) you’ll be given will depend upon the amount of USD you have just invested. The Binance system will immediately display it.
Now select "Continue".
In case you want to pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
Then the platform will prompt you to type your card data.
The next field is intended to state the address associated to the card. Enter it exactly as it is, then choose "Add card".
With this, your credit card will be added to the valid methods of payment in your account. Click "Continue".
The system will now show you the summary of the purchase order you are creating. The sum your card will be charged with the currency you have picked, and the BoomCoin (BOOMC) you will be given.
Another important detail in this summary is the percentage you’ll be charged as a commision for making the purchase.
In less than 1 minute press "Confirm", and then the order will expire automatically.
The following step has to be done on the credit card banking system. Follow the instructions in the same way you would make a payment with your card.
As soon as the banking process has been done, you will get your purchased BoomCoin (BOOMC) in your Binance e-wallet (called the «Spot Wallet»)
Purchase BoomCoin (BOOMC) with Binance P2P
This means «Person To Person», i.e.: trading BoomCoin (BOOMC)
with another Binance subscriber. Method of payment is the first setting you should state.
The platform will now show you the details of the order you are creating. The amount your card will be charged in the currency you’ve chosen, and the BoomCoin (BOOMC) you will be given.
It will also show you the commission will be charged for the transaction.
You have 1 minute to press "Confirm", otherwise the order will automatically expire.
The platform will now redirect you to the credit card issuing bank. Proceed exactly as you do when making a standard on-line credit card payment.
You may take a look at your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been completed to see your recently purchased BoomCoin (BOOMC) already there
Buy BoomCoin (BOOMC) with Binance P2P
A different way to purchase a cryptocurrency is to exchange it
with another user. Payment method is the first parameter you should define.
- 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 platform will guide you through the rest of the procedure.
After the new payment method has been configured in your account, locate the "Buy Crypto" menu on the top bar of the navigator, press on the "Trading P2P" button and follow the directions described below:
- On the upper bar of the "P2P Account" menu, pick "Buy"
- Here you can choose the BoomCoin (BOOMC) you’re interested in, among all those available for buying through P2P trading. We present «USDT» for this guide.It is important to note that once you buy any crypto via P2P trading, you’ll be able to exchange it for any of the currencies valid in the Binance platform.
- Locate the "Fiat" label on the upper tabs and reveal the drop-down list to find all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, indicate the amount in VES you intend to invest.
- You will see a list of traders’ ads as soon as you have indicated the payment method.
- Select 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 input
- Again, press "Buy USDT"
- Now a buying order has been opened and the trader and you will be in touch. Pay, click on "Transferred, Next" and then press "Confirm". Note that there’s a time limit for you to pay.
How you can transfer your BoomCoin (BOOMC) to the Spot Wallet
The trader, upon validating money reception, will automatically release the BoomCoin (BOOMC).
You may see your wallet Binance balance to confirm reception.
Take into account that your BoomCoin (BOOMC) must be in your Spot Wallet in order for you to buy others, so you must move them there before.
To accomplish this, you only need to press "Transfer to Spot Wallet" right after the buying order is completed.
If you didn’t follow this step, don’t stress, you can move the cryptos later.
The right way to transfer your BoomCoin (BOOMC) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
The place where BoomCoin (BOOMC) are transferred to is your Binance wallet.
But in case you want to buy any other BoomCoin (BOOMC), you need to move them to your Spot Wallet.
You can move them immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
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.
- Drop the "Wallet" menu down and click on the "Wallet Funds" button.
- Now press "Transfer" option at the top right.
- In the pop-up window, change the «From» and «To» options to the following configuration:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Input the amount you are transferring to the spot walet and click "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you think could be profitable.
Purchase any crypto from the Binance platform just following the steps described next:
- Find the "Trading" menu in the top upper panel.
- From the listing select the "Convert" option.
- Type the amount of «USDT» you wish to invest.
- Choose the crypto you intend to purchase.
- Click on "Preview conversion".
- Confirm the operation and that’s it. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s all! This way you will have money in the Spot Wallet and you will be able to purchase any of the several of BoomCoin (BOOMC) that the Binance platform has.
Purchase any crypto from Binance just following the steps described next:
- Pick the "Trading" menu in the upper panel.
- In the listing select the "Convert" alternative.
- Type the amount of «USDT» you would like to invest.
- Now select the cryptocurrency you’re about to buy.
- Select "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
Based on this information, you are now ready to commence trading on Binance.
Cryptos are the future, and Binance is a safe and practical environment to do business. Begin right now!