How to buy Burn1 Coin (Burn1Coin) on the Binance platform
Binance could be considered one of the world’s top trading platforms.
Learning how to buy Burn1 Coin (Burn1Coin) is vital if you wish to start out operating on that platform.
So, on this page we will give you all what you need to know to trade with Burn1 Coin (Burn1Coin) on the Binance crypto exchange.
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Discover how to register on Binance
To be capable of buying Burn1 Coin (Burn1Coin) on Binance, the very first thing you need to know is definitely how to register.
Registering on the Binance platform is very simple: see the following guidelines.
Search for the "Register" button in the Binance homepage and click on it to begin the registration process.
Here you have the direct access to Binance.
In the Binance main page you’ll see a button with the label "Register with a phone or email". Click on it.
The Binance platform is totally compatible with Apple mobile devices as well.
For the purpose of this article, the e-mail address subscription process will be explained.
- First, pick the country from the drop-down list according to the one you reside.
- Now the vital part: password. Define a string of characters difficult enough not to be easily deducted. Don’t use your name, birth date or things like that. Keep in mind that it’s your cash what will have to be protected by that password
- Indicate whether you wish to receive information and news directly from Binance to your email address. Accept the "Terms of Service" and click on "Create Account"
See the inbox of the email address you used for signing up and search the activation code exclusive of your Binance account. Type it in the corresponding box and press "Send"
Finally, your Binance subscription is active.
It is 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 practical the Binance platform is, and how quick you can start trading Burn1 Coin (Burn1Coin).
The ID verification is a required step you need to fulfill to have access to all these options.
Notice: No Burn1 Coin (Burn1Coin) operation will be permitted if you ignore this safety step.
However, you don’t need to worry, continue reading the following section to find out how to do it.
Verify your account to begin trading
Read the next instructions and become a certified Binance trader:
On the main screen, place the mouse pointer on the user profile button and a list will immediately show up where you will click on "Security"
Or simply look for the "Verify" button on the upper part of the navigator window
Click "Identification" on the left menu.
Now you must select your country of residence.
Next, the three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Press the "Start now" button below the "Verified" label, for this will be your beginning level.
In this step, you must provide certain personal data:
- Nationality.
- First and Last Name.
- Middle name and birth date.
- Exact address of your residence.
- Middle name and date of birth.
- Second name and birth date.
Now you’ll need to show a legal document to sustain your identity.
You can do this by using your ID card, passport, or driver’s license.
Follow the system requirements to take a selfie.
Once you have completed the platform’s instructions, you’ll have to wait a short time for the verification to be applied to your account.
Now wait patiently, Binance will let you know via e-mail when your request has been accepted.
Congrats! Now you’re officially authorized to trade Burn1 Coin (Burn1Coin). See the guidelines that follow.
Learn to buy Burn1 Coin (Burn1Coin) on Binance
All right, account confirmed means you can begin purchasing Burn1 Coin (Burn1Coin) right now.
In this section you’ll learn how simple is to buy a Burn1 Coin (Burn1Coin).
Here, the Binance platform will ask you to present a legal document for identity verification.
You can do this with your ID card, passport, or license.
Now the platform will require you to take a selfie under certain conditions.
When you have fulfilled the platform’s guidelines, you’ll have to wait a moment while your account is verified.
When your request has been approved, you’ll be informed via email, just be patient.
After that, it’s time to buy Burn1 Coin (Burn1Coin), just follow the instructions below.
Purchasing Burn1 Coin (Burn1Coin) on Binance
So, account approved was all you needed to begin buying Burn1 Coin (Burn1Coin) right now.
The first step is to learn how to convert money into Burn1 Coin (Burn1Coin).
Take into account that you could have more than one option for this process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
You will need to, of course, try this once you are signed into your account
Placing your mouse pointer over this key will display a list of alternatives to make your purchase.
Now you’ll have to to use a legal document to verify your identity.
You can do this by using your passport, ID card, or driver’s license.
Now the platform will require you to take a selfie following certain instructions.
Now you will have to wait for a short period while an account confirmation process takes place.
Now you have to wait until your application has been approved. Be patient, the system is going to send you an e-mail.
The following instructions will guide you through the Burn1 Coin (Burn1Coin) buying process. As soon as you’ve received the confirmation email, you are a Binance licensed Burn1 Coin (Burn1Coin) trader.
Buying Burn1 Coin (Burn1Coin) on Binance
So, account approved means you can begin buying Burn1 Coin (Burn1Coin) right now.
In this section you’ll learn how simple is to convert cash into Burn1 Coin (Burn1Coin).
Be aware that you could have different options for this process
To know which options can be found when making a purchase, look for the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this option will show a list of alternatives for making your purchase.
Learn how to use your debit or credit card to buy cryptos
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for detailed guidelines:
In the next box, select the currency you want to buy with and indicate the amount you want to invest.
Next, select the Burn1 Coin (Burn1Coin) you’re going to buy
Once you do so, the platform will immediately show you the number of Burn1 Coin (Burn1Coin) you’ll receive, taking into account the amount of USD you’ve previously indicated.
Continue reading for detailed guidelines:
Currency preferred and how much to invest should be specified in the next box.
Next, choose the Burn1 Coin (Burn1Coin) you are going to purchase
When you do so, the platform will automatically show you the quantity of Burn1 Coin (Burn1Coin) you are going to be given, taking into account the amount of USD you’ve recently defined.
Click "Continue".
Now it’s time to specify the method of payment you’ll use. To pay with your credit card, choose in the "Visa/Mastercard" box the option "Add card".
Then the system will prompt you to indicate your card details.
The next field is intended to enter the address the card is associated to. Type it exactly as it is, then select "Add card".
With this, your credit card will be added to the payment methods in your account. Click "Continue".
The system will now display the summary of the buying order you are creating. The sum your card will be charged in the currency you have picked, and the Burn1 Coin (Burn1Coin) you will get.
Certainly, Binance will charge you a small amount as a commission for making the operation, and that will be shown in that summary also.
In less than 1 minute click on "Confirm", there after the order will expire automatically.
The Binance system will now redirect you to the credit card issuing bank. Follow the instructions in the same way you would normally generate a payment with your credit card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») once the banking process is complete to find your recently bought Burn1 Coin (Burn1Coin) already credited
Know how to purchase Burn1 Coin (Burn1Coin) through Binance P2P
You may get Burn1 Coin (Burn1Coin) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. Payment method is the first parameter you must specify.
The system will now show you the synthesis of the buying order you are about to complete. The sum you will pay in the currency you have selected, and the Burn1 Coin (Burn1Coin) you will receive.
Another important detail in this snapshot is the amount Binance will charge you as a commision for making the operation.
Now you have to accept the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically terminated.
The next step must be carried out on the credit card bank webpage. Proceed exactly as you usually do when making a normal on-line credit card payment.
When the banking process has been finished, you’ll get your recently bought Burn1 Coin (Burn1Coin) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy Burn1 Coin (Burn1Coin) via Binance P2P
Another option you have to get a cryptocurrency is to trade it
with another user. To accomplish this, the first step is to define which payment method you want to apply.
- Select "Security" in your account.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and click on it.
- After Selecting "Add a Payment Method" the system will guide you through the rest of the procedure.
Now that the new payment method has been configured in your account, go to the upper part of the display and hover on "Buy Crypto" to drop-down the list of options and click on "Trading P2P". Then see the following guidelines:
- Click on the "Buy" button found on the top bar of the "P2P Account" menu
- Here you can select the Burn1 Coin (Burn1Coin) you would like to buy, among all those available for purchase via P2P trading. We use «USDT» for this guide.It is important to note that when you buy one of these cryptocurrencies in P2P trading, you’ll be able to exchange it for any of the foreign currencies valid in the Binance platform.
- It is time to select the currency you want to use, for example, «VES». Simply, see the drop-down menu under the "Fiat" column.
- In the "Amount" box, input the sum in VES you intend to buy with.
- Choose the payment method and wait for the system to display the register of the traders’ ads.
- From the list displayed list, you may pick any of the sellers. It is recommendable to select a verified one and better if a high percentage of completed sales is displayed.
- Click on "Buy USDT"
- Type the amount in VES you want to pay
- Again, click on "Buy USDT"
- A buying order has been created and the trader and you will be able to contact each other for details, if needed. You have a time limit to make the payment, otherwise the order will be aborted by the platform (and that’s not good for your rating as a buyer). Once you have paid, press "Transferred, Next" and then press "Confirm".
How to transfer your Burn1 Coin (Burn1Coin) to the Spot Wallet
The seller, upon validating payment reception, will immediately release the Burn1 Coin (Burn1Coin).
The place where Burn1 Coin (Burn1Coin) are transferred to is your account wallet.
NB: you must transfer them to your Spot Wallet in case you would want to purchase any other crypto.
To achieve this, all you have to do is click on "Transfer to Spot Wallet" immediately after the purchase order is completed.
If you forget to do this right after the purchase, no problem at all: you’ll always be able to do it later.
Ways to transfer your Burn1 Coin (Burn1Coin) to the Spot Wallet
The trader, upon validating money reception, will automatically release the Burn1 Coin (Burn1Coin).
So, they will automatically be added to your wallet balance.
Take into account that your Burn1 Coin (Burn1Coin) must be in your Spot Wallet in case you want to get others, so you will have to move them there before.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Burn1 Coin (Burn1Coin) internal transfer can be performed whenever you need.
- Drop the "Wallet" menu down and press on the "Wallet Funds" option.
- The "Transfer" button is located on the upper right area of the navigator window. Press it.
- In the pop-up window, change the «From» and «To» options to the following configuration:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have funds, in the example here we use «USDT»
- Type the cryptos you are moving for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from trading any crypto you consider could yield the greatest profit.
See how easy is to purchase any crypto from Binance:
- In the upper section, look for the "Trading" option.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Now select the cryptocurrency you’re about to get.
- Choose "Preview conversion".
- Validate the operation 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, nothing keeps you from purchasing any crypto you think might be worthwhile.
Purchase any crypto from Binance just following the instructions detailed below:
- Select the "Trading" menu in the top upper panel.
- From that list select the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Now indicate the crypto you’re about to get.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
This text have surely pictured you a detailed panorama of what Binance is and how you can trade Burn1 Coin (Burn1Coin) on it.
Don’t wait any more and begin generating some extra money.