Purchasing BTRIPS (BTR) on the Binance platform
Binance could be considered one of the world’s top trading platforms.
Understanding how to buy BTRIPS (BTR) is crucial if you wish to begin trading on that platform.
Prior to getting into the exciting realm of cryptocurrency on the Binance platform, you must get acquainted with the following.
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Be able to register on Binance
The only way to begin operating within the Binance platform is registering to it.
Registering on the Binance platform is very easy: see the following instructions.
Visit the Binance main page and press on the "Register" option.
You can access directly by clicking here.
In the Binance homepage you’ll see a button labeled "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS mobile devices as well.
For the purpose of this article, the email address subscription process will be shown.
- First, select the country from the drop down list according to your place of residence.
- The next step is choosing a secure password. This is quite important since it’s all about your money, so you have to create a strong one
- Whether you want to be updated periodically via email about Binance news, mark in the corresponding option. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the email verification
You surely have received an email sent to the address you’ve just used to create your Binance account. In its text you’ll find a one-time-only activation code you will enter in that page. Then click on "Send"
Finally, your Binance account has been activated.
Take a time to become familiar with the different options of the Binance platform by navigating through them.
That’s the best way to know how friendly the Binance platform is, and how quick you can begin operating with BTRIPS (BTR).
Complete the mandatory ID verification to enable all these options.
Important: No BTRIPS (BTR) trading will be permitted if you overlook this security step.
In the next paragraphs, you’ll see how to do that. Hassle-free.
How to verify your Binance account and get started on trading
Read the following guidelines and become a certified Binance trader:
From the user profile menu, click on "Security"
Or just look for the "Verify" button on the top of the screen
Press "Identification" on the left list of options.
Now you should choose your country of residence.
Next, the three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on screen.
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, second name and date of birth. Besides, make sure you enter the exact address of your residence
At this point, the Binance platform will require you to provide a legal document for identity corroboration.
Use your ID card, passport or even your driver’s license to complete this step.
In the next step, you will have to take a selfie, according to the application’s guidelines.
Once you have fulfilled the system’s requirements, you will have to wait a short time while your account is confirmed.
Now you must wait until your application has been accepted. Be patient, Binance is going to send you an e-mail.
The following instructions will guide you through the BTRIPS (BTR) trading process. As soon as you’ve got the confirmation email, you’re a Binance licensed BTRIPS (BTR) trader.
Buying BTRIPS (BTR) on Binance
Since you have registered on the platform and got your account verified, you can start trading.
In this section you’ll learn how simple is to invest your money in BTRIPS (BTR).
The next step is to corroborate your identity with a legal document.
Use your ID card, passport or even your license to complete this step.
Now the system will require you to take a selfie under certain conditions.
After fulfilling all those steps, the Binance platform will perform a confirmation process on your account.
So, wait patiently, Binance is going to let you know via email when your profile has been approved.
Congrats! Once you’ve got the confirmation you’re officially licensed to buy BTRIPS (BTR). The following guidelines will be helpful.
Purchasing BTRIPS (BTR) on Binance
Beginning your BTRIPS (BTR) trading career has never been so easy, right?.
Learning how to make a purchase of BTRIPS (BTR) is actually quite easy.
Some steps might have optional paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You will need to, of course, do this after you’ve signed into your account
Unveil all the different buying options just by placing your mouse over this button.
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.
Follow the system requirements to take a selfie.
When you have completed the system’s requisites, you will have to wait a moment for the verification to be performed on your account.
Now you have to wait until your request has been accepted. Be patient, the system will send you an e-mail.
Congrats! Now you’re officially licensed to trade BTRIPS (BTR). See the guidelines that follow.
Learn to buy BTRIPS (BTR) on Binance
Since you are registered on the platform and have your account verified, you can begin trading.
In this segment you’ll realize how easy is to invest your money in BTRIPS (BTR).
Some steps would probably have optional paths
To find out which options can be found when buying, browse through the "Buy cryptos" menu on the Binance main page.
Certainly, you’ll only be able to do this if you’re logged in
Place your mouse over this key and a list of buying alternatives will deploy.
Buying BTRIPS (BTR) with a credit/debit card
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Keep on reading for further directions:
Currency to be used and how much to invest must be specified in the next box.
Next, select the BTRIPS (BTR) you’re going to purchase
Considering the amount of USD you’ve recently invested, the system will automatically show you the quantity of BTRIPS (BTR) you will receive.
Read on for detailed guidelines:
In the next box, pick the currency you wish to use and indicate how much you want to invest.
In the next field you should choose the BTRIPS (BTR) you would like to get
The number of BTRIPS (BTR) you will get will depend upon the amount of USD you’ve previously indicated. The Binance system will immediately display it.
Now select "Continue".
Now it’s time to specify the method of payment you’ll use. To pay with your credit card, select in the "Visa/Mastercard" field the option "Add card".
Then the platform will ask you to type your card data.
In this step you must write the address associated to the credit card. Type it exactly as it is, then press "Add card".
Press "Continue" after you see your card has been successfully added to your user profile as a new method of payment.
Next, all the important details of the transaction will be displayed: the amount you will pay and the corresponding currency, and obviously, the cryptos you will receive.
Indeed, Binance will claim a certain percentage as a commission for making the purchase, and it will be shown in that snapshot also.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
After this, you will be redirected to the site of the bank issuing the credit card. Follow the directions in the same way you would normally pay with your card.
Your recently purchased BTRIPS (BTR) will be credited to your Binance e-wallet (called the «Spot Wallet») after the banking process is complete
See how easy is how to purchase BTRIPS (BTR) through Binance P2P
Another option you may use to purchase crypto is to trade it
with another person. Method of payment is the first parameter you will define.
The platform will now display the details of the order you are about to complete. The sum your card will be charged in the currency you have picked, and the BTRIPS (BTR) you will receive.
Another important detail in this summary is the amount Binance will charge you as a commision for making the transaction.
Now you have to acknowledge the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically aborted.
Next, you will be sent to the bank platform the credit card has been issued by. There you should make a standard online payment using your credit card.
After the banking process has been finished, you are already in possession of the recently bought BTRIPS (BTR) in your Binance digital wallet (referred to as the «Spot Wallet»)
Purchase BTRIPS (BTR) via Binance P2P
You may buy BTRIPS (BTR) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. To get this done, the first step is to add which payment method you would want to use.
- Go to the "Security" section of your profile.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and select it.
- Click the "Add a Payment Method" button and follow the system guidance.
After the new payment method has been added to your profile, look for the "Buy Crypto" menu in the upper part of the display, click the "Trading P2P" button and follow the directions described below:
- On the upper bar of the "P2P Account" menu, pick "Buy"
- The complete set of BTRIPS (BTR) available for buying through P2P trading will be shown in this list, so you will be able to pick the one you want. In this guide, we present «USDT».Purchasing one of these BTRIPS (BTR) via P2P trading allows the subscriber to exchange it on Binance for any of the foreign currencies available.
- Select the currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
- Use the "Amount" box to type the sum in VES you’d like to use to buy BTRIPS (BTR).
- Indicate the payment method and wait for the platform to display the register of the dealers that are currently offering BTRIPS (BTR).
- From the list displayed list, you may pick any of the sellers. However, it is advisable to select one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Click on "Buy USDT"
- Enter the amount in VES you want to pay
- Select "Buy USDT" again
- A purchase order has been generated and the trader and you will be able to contact each other for further details, in case you need it. You have a limited time to complete, if you fail doing so the order will be shut down by the system (something bad for your rating as a buyer). Once you have paid, click on "Transferred, Next" and then press "Confirm".
The right way to transfer your BTRIPS (BTR) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
You may check your wallet account balance to confirm reception.
Take into account that your BTRIPS (BTR) must be in your Spot Wallet in order for you to get others, so you will have to transfer them there before.
That’s quite simple: just press "Transfer to Spot Wallet" immediately after the purchase order is completed.
This BTRIPS (BTR) internal transfer can be done anytime later.
How you can transfer your BTRIPS (BTR) to the Spot Wallet
After you have made a payment to the trader, they will release the BTRIPS (BTR), just by confirming receipt of the payment.
This way, they will instantly be added to your account balance.
Take into account that your BTRIPS (BTR) must be in your Spot Wallet in case you want to buy others, so you need to move them there before.
To achieve this, all you have to do is press "Transfer to Spot Wallet" right after the buying order has been completed.
Should you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down list.
- The "Transfer" option is located at the top right. Press it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this post, we use «USDT» as an example, but you’ll obviously select the currency you have
- Enter the cryptos you are sending for the Exchange and click "Confirm".
All right! Now you have funds available to purchase any of the huge selection of BTRIPS (BTR) in the Binance platform.
Purchase any crypto from Binance just following the steps described below:
- In the upper panel, look for the "Trading" option.
- From that list choose the "Convert" option.
- Fill in the box the amount of «USDT» you wish to spend.
- Now mark the crypto you’re interested in.
- Select "Preview conversion".
- Validate the transaction and that’s it. You will have the amount of the selected cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, don’t fear to buy any crypto you consider might yield the greatest profit.
Purchase any crypto from the Binance platform just following the steps described next:
- In the upper section, look for the "Trading" option.
- Press "Convert" from the list.
- Type the sum of «USDT» you want to invest.
- Now mark the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
You’ve already seen how easy is to start out doing business with BTRIPS (BTR) on Binance.
So, no need to think twice, make a profitable business in this cryptocurrency platform.