Learn how to purchase Buying.com (BUY) on Binance
There is no doubt one of the top trading platforms in the world nowadays is Binance.
Therefore, the first thing you have to to do if you need to start out trading on it is to learn how to get Buying.com (BUY).
Before getting into the amazing world of crypto on the Binance platform, you need to get acquainted with the following.
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Learn how to register on Binance
Opening a Binance account is the very first step you need to do.
Registering to the platform is very easy: check the following guidelines.
On the Binance main page you have to locate the "Register" button and click on it.
Here you have the direct access to Binance.
At this point press the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS devices as well.
Here we’ll will explain the subscription technique using an e-mail address.
- In the window that is displayed, select your country of residence from the drop down list.
- The next step is picking a safety password. This is of vital importance since it’s all about your money’s safety, so you need to define a robust one
- Now you must accept "Terms of Service" and, if you wish to get information, news and updates from Binance in your email address, mark in the corresponding box
By now, you should have received an e-mail sent to the address you’ve just used for subscribing on the Binance platform. It will have a one-time-only activation password you will enter in that page. Then press "Send"
That’s it! You are now signed up with Binance.
Now you may navigate the Binance platform and observe all the options it has to offer.
This way you mayyou will be able to start operating with Buying.com (BUY) without difficulty.
The ID checking is a mandatory step you need to fulfill to gain access to all these options.
Important: No Buying.com (BUY) operation will be permitted if you ignore this security step.
In the following instructions, you’ll see how to do that. Zero problems.
Verify your account to begin trading
The following are the instructions to verify your Binance account and get authorized to start trading:
From the user profile menu, select "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Pick "Identification" on the left options list.
Now you must select your country of residence.
Now, the 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Press the "Start now" button under the "Verified" label, since this is the beginning level.
Then it will appear a pop-up window where you must write the following information:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Exact address of your residence.
It is time to sustain your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Now the platform will require you to take a selfie under certain conditions.
After fulfilling all those steps, the Binance system will perform a confirmation process on your account.
Now you have to wait until your application has been approved. Be patient, the system is going to send you an e-mail.
Congrats! Now you’re officially licensed to buy Buying.com (BUY). See the guidelines that follow.
Buying Buying.com (BUY) on Binance
Starting your Buying.com (BUY) trading experience has never been so easy, right?.
In this segment you’ll discover how easy is to make a purchase of Buying.com (BUY).
At this point, the Binance platform will require you to show a legal document for identity checking.
You can do this with your passport, ID card, or license.
Now the platform will require you to take a selfie under certain conditions.
The last step is on Binance’s side: a verification process that will take only a short time.
Now you must wait until your application has been accepted. Be patient, Binance is going to let you know via email.
Congrats! Once you’ve received the confirmation you’re officially licensed to trade Buying.com (BUY). The following guidelines will be helpful.
Buying Buying.com (BUY) on Binance
Now that you are registered on the platform and got your account approved, you’re OK to start trading.
First you need to understand how to buy a Buying.com (BUY).
Some steps would probably have alternative paths
To know which alternatives you have when buying, look for the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this once you are logged in
See all the different buying options just by placing your mouse over this button.
At this point, the Binance platform will require you to present a legal document for identity corroboration.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, following the application’s requirements.
After completing all those steps, the Binance platform will carry out a verification process on your account.
As soon as your request has been accepted, Binance is going to let you know via e-mail, just be patient.
Congrats! Now you’re officially authorized to operate with Buying.com (BUY). See the guidelines that follow.
Buying Buying.com (BUY) on Binance
OK, account confirmed means you can begin purchasing Buying.com (BUY) right now.
Understanding how to make a purchase of Buying.com (BUY) is not that hard.
Some processes may have optional paths
Browse through the "Buy cryptos" menu on the Binance main page to know which alternatives you have when making a purchase.
Obviously, you’ll only be able to do this if you’re logged in
Hover your mouse on this button and a list of buying alternatives will be displayed.
Make use of your debit or credit card for buying cryptocurrencies
The first thing you must do to buy the Buying.com (BUY) you want using a credit card, is to choose this option from the drop-down list labeled "Buy Cryptos".
The following guidelines will help you in the process:
Now you should pick the currency you want to buy with and type the amount you are going to invest.
Next, pick the Buying.com (BUY) you’re going to buy
When you do so, the platform will immediately display the quantity of Buying.com (BUY) you’ll receive, considering the amount of USD you have just stated.
These instructions will help you in the process:
Now you should choose the currency you wish to use and specify the amount you are going to invest.
In the second field you should pick the Buying.com (BUY) you’d like to buy
The number of Buying.com (BUY) you will be given will depend upon the amount of USD you’ve previously invested. The Binance platform will automatically display it.
Now select "Continue".
To include your CC as a payment method, go to the "Visa/Mastercard" box and press the "Add card" option.
Type your credit card data and click "Next".
Your credit card’s address should be stated next. Try not to mistype a single character, since you must write it exactly as it is, otherwise the card might not be accepted. Then press "Add card".
When you see your new card has been added, click on "Continue".
The next screen will display a summary of the operation about to be completed. It includes the amount you will pay, the chosen currency and the quantity of Buying.com (BUY) purchased.
Another important detail in this summary is the amount you’ll be charged as a commision for making the operation.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The next step needs to be done on the credit card banking platform. There you will complete a normal on-line payment with your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been done and you’ll find your recently bought Buying.com (BUY) already credited
Learn how to purchase Buying.com (BUY) via Binance P2P
An alternative way to purchase a cryptocurrency is to exchange it
with another trader. To accomplish this, the first step is to specify which payment method you would want to make use of.
The next screen will display a summary of the transaction in its final stage. That includes the sum your card will be charged, the chosen currency and the quantity of Buying.com (BUY) bought.
In fact, Binance will claim a certain percentage as a commission for supporting the transaction, and it will be shown in that summary as well.
Within the next 60 seconds click on "Confirm", from then on the order will expire automatically.
The system will now redirect you to the credit card issuing bank. Then you will complete a standard online payment with your credit card.
Your recently bought Buying.com (BUY) will be deposited to your Binance e-wallet (called the «Spot Wallet») when the banking process is complete
Know how to purchase Buying.com (BUY) via Binance P2P
That is a transaction made «Person To Person», i.e.: trading Buying.com (BUY)
with another Binance user. Method of payment is the first parameter you must specify.
- Go to your account and select "Security".
- In the menu on the left-hand side click on "Payment".
- As soon as the "Add a Payment Method" button is pressed the Binance system will guide you through the rest of the process.
Once the new method of payment has been included in your profile, look for the "Buy Crypto" menu on the top bar of the navigator, click the "Trading P2P" button and follow the guidelines described below:
- Look for the "Buy" button on the upper bar of the "P2P Account" menu and press it
- Here you can select the Buying.com (BUY) you want, among all those available for purchase via P2P operations. We will use «USDT» for this example.It is important to note that once you buy any crypto via P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- Choose the local currency you want to make the payment with from the drop-down list under the "Fiat" label, for instance, «VES».
- Use the "Amount" box to type the amount in VES you’re going to use to buy Buying.com (BUY).
- Choose the payment method and wait for the system to show you all of the traders’ ads.
- Locate a trader from the displayed list. We advise that you choose one that is verified and has a high percentage of sales completed.
- Press "Buy USDT"
- Type the amount in VES you would want to invest
- Again, select "Buy USDT"
- A purchase order has been created and the seller and you will be able to contact each other for details, in case you need it. You have a time limit to pay, otherwise the order will be canceled by the system (something bad for your reputation as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
Ways to transfer your Buying.com (BUY) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception acknowledge has been done.
The default place where Buying.com (BUY) are added to is your Binance wallet.
Nonetheless, you will need to transfer them to your Spot Wallet in order for you to get any other cryptocurrency.
That’s easy: just click on "Transfer to Spot Wallet" once the buying order has been completed.
This Buying.com (BUY) internal transfer can be performed anytime later.
How to transfer your Buying.com (BUY) to the Spot Wallet
Once you have completed a payment to the trader, they may release the Buying.com (BUY), by confirming payment reception.
So, they will automatically be added to your wallet balance.
Take into account that your Buying.com (BUY) must be in your Spot Wallet in case you want to get others, so you will need to send them there before.
You can move them immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Buying.com (BUY) internal transfer can be done anytime later.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- See the "Transfer" option on the upper right area of the navigator window and click on it.
- In the pop-up window, swap the «From» and «To» options to the following settings:
- From: Funds
- To: Fiat and Spot
- Select the currency according to the funds you have in the platform, in this example we’ll use «USDT»
- Set the cryptos you are sending to the spot walet and click "Confirm".
With these money already in your Spot Wallet, don’t fear to purchase any cryptocurrency you believe will be profitable.
Buy any crypto from Binance just following the steps detailed below:
- Select the "Trading" option in the top section.
- Choose "Convert" from the list.
- Enter the amount of «USDT» you want to spend.
- Now mark the cryptocurrency you’re about to buy.
- Choose "Preview conversion".
- Confirm the operation and that’s all. Now you will have the amount of the selected crypto in your Spot Wallet.
All right! Now you have funds available to trade any of the several Buying.com (BUY) in the Binance platform.
Purchase any cryptocurrency from Binance just following the steps detailed below:
- Look for the "Trading" option in the top top panel.
- Choose "Convert" from the list.
- Enter the amount of «USDT» you would like to spend.
- Now indicate the crypto you’re interested in.
- Choose "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
You’ve already learned how easy is to begin doing business with Buying.com (BUY) on Binance.
So, no need to think twice, make a profitable business within this cryptocurrency platform.