Buying Bytom (BTM) on Binance
No doubt one of the world’s top-notch trading platforms today is Binance.
So, if you’ would like to begin operating on it, the first thing you have to do is to figure out how to get Bytom (BTM).
Stay on this post and you’ll discover all the information you should have for buying crypto on Binance.
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Figure out how to register on Binance
To be able to buy Bytom (BTM) on Binance, the first thing you must know is certainly how to open your account.
Hassle-free registration: just follow the detailed instructions listed below.
On the Binance main page you have to locate the "Register" option and click on it.
You can access directly by clicking here.
In the Binance homepage you’ll find a button named "Register with a phone or email". Click on it.
Apple devices can be used to do this as well.
Here we’ll will describe the subscription process using an email address.
- In the screen you’ll immediately see, select your country of residence from the drop down list.
- The next step is creating a safety password. This is of vital importance since it’s all about your money’s safety, so you need to define a really robust one
- Mark if you want Binance to send information and news direct to your e-mail. Accept the "Terms of Service" and click on "Create Account"
You surely have received an email sent to the address you’ve just used for subscribing on the Binance platform. It will have an activation keycode you’ll have to will enter in that page. Then press "Send"
And that’s it! You are now signed up with Binance.
You’ll see it’s easy to navigate the Binance platform and observe all the options it has to offer.
That’s the best way to know how practical the Binance platform is, and how fast you can start trading Bytom (BTM).
Fulfill the mandatory identity checking to enable all these options.
Please, note that it is only after you have fulfilled this security step that you’ll be authorized to begin trading Bytom (BTM).
But no need to worry, see the following section to find out how to do it.
Learn to verify your account and get started on trading
To be a certified Binance trader you must complete the next steps:
On the main screen, hover the mouse on the user profile option and a list will immediately show up where you will need to click on "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Click "Identification" on the left menu.
Choose your Country of Residence.
It displays you three verification levels: the current one, the Verified, and the Verified Plus.
Begin by choosing "Start now" located below the "Verified" level.
Then it displays a pop-up window where you must provide the following info:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Residence address (exact).
Now you’ll need to provide a legal document to sustain your identity.
You can do this by using your ID card, passport, or driver’s license.
Follow the system instructions to take a selfie.
Now you will have to wait for a short time while an account verification process is performed.
Now you must wait until your request has been approved. Be patient, Binance will let you know via email.
After that, it’s time to buy Bytom (BTM), to do so see the guidelines below.
Learn to buy Bytom (BTM) on Binance
Since you are registered on the Binance platform and have your account approved, you can start trading.
In this section you’ll see how easy is to buy a Bytom (BTM).
Now you’ll have to to show a legal document to verify your identity.
passport, ID card or even a driver’s license are all valid documents to complete this requirement.
In the next stage, you will be asked to take a selfie, according to the application’s requirements.
The last step is on Binance’s side: a corroboration process that will just take a while.
Now you have to wait until your application has been approved. Be patient, the platform will send you an email.
Upon receiving that email it’s time to buy Bytom (BTM), just follow the instructions below.
Purchasing Bytom (BTM) on Binance
OK, account verified was all you needed to begin buying Bytom (BTM) immediately.
Take a time to know how to convert money into Bytom (BTM).
You may have more than one option throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to know which options you have when making a purchase.
You have to, of course, make this happen after you’ve logged into your account
Hovering your mouse pointer over this key will display a list of alternatives to make your purchase.
Next, you’ll need to present a legal document to verify your identity.
ID card, passport or even a license are all valid documents to complete this formality.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short period while an account verification process takes place.
As soon as your request has been accepted, you’ll be informed via email, just be patient.
Congratulations! As soon as you’ve received the confirmation you’re officially enabled to trade Bytom (BTM). The following guidelines will be helpful.
Learn to purchase Bytom (BTM) on Binance
So, account approved means you can begin purchasing Bytom (BTM) right now.
Learning how to buy a Bytom (BTM) is not so difficult.
You may find different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Needless to say you must be logged into your account to be able to do this
Find all the different buying options just by placing your mouse over this button.
Did you know you can use your debit or credit card to purchase Bytom?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Read on for further instructions:
Now you should choose the currency you wish to use and indicate the amount you want to invest.
In the next field you should pick the Bytom (BTM) you’d like to get
The number of Bytom (BTM) you will receive will depend upon the amount of USD you have recently specified. The Binance system will immediately display it.
These directions will help you in the process:
In the next box, select the currency you want to use and specify the amount you want to invest.
Next, select the Bytom (BTM) you are going to get
When you do so, the system will automatically display the number of Bytom (BTM) you will get, considering the amount of USD you have just indicated.
Press "Continue".
To include your CC as a payment method, select in the "Visa/Mastercard" field the button "Add card".
Card numbers must be completed in this step, then click "Next".
In this step you must indicate the address associated to the credit card. Type it exactly as it is, then select "Add card".
With this step, your credit card will be added to the payment methods in your account. Click "Continue".
The platform will now show you the details of the purchase order you are creating. The sum your card will be charged with the currency you’ve picked, and the Bytom (BTM) you will get.
In fact, Binance will charge you a small amount as a commission for supporting the transaction, and it will appear in that snapshot as well.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically canceled.
The next step has to be done on the credit card banking system. Follow the directions in the same way you would normally pay with your card.
When the banking procedure is complete, you’ll have your purchased Bytom (BTM) in your Binance digital wallet (referred to as the «Spot Wallet»)
Know how to buy Bytom (BTM) through Binance P2P
Another option you have to buy a cryptocurrency is to exchange it
with another trader. Payment method is the first parameter you must add.
Next, you’ll see a quick view of the transaction about to be completed. That includes the amount your card will be charged, the chosen currency and the amount of Bytom (BTM) purchased.
It will also show you the commission you must pay for the operation.
In less than 1 minute press "Confirm", there after the order will expire automatically.
The system will now reroute you to the bank issuing the credit card. There you would complete a standard on-line payment with your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») when the banking procedure is complete and you’ll see your recently purchased Bytom (BTM) already credited
Purchase Bytom (BTM) through Binance P2P
A different way to get a cryptocurrency is to exchange it
with another trader. In that case, you should specify which payment method you would want to make use of first.
- Go to your account and click on "Security".
- Locate the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- Click on "Add a Payment Method" and the system will guide you through the rest of the procedure.
After you have included the new method of payment to your account, move to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" option, and follow the instructions below:
- Look for the "Buy" button on the upper bar of the "P2P Account" menu and click it
- All the Bytom (BTM) available for buying via P2P operations will be displayed in this list, so you will be able to select the one you would like to buy. As for this example, we will present «USDT».It is important to note that once 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.
- Now you should select the local currency you want to pay with, for instance, «VES». To do this, see the drop-down menu under the "Fiat" label.
- You must enter the sum in VES you’re going to invest in the "Amount" box.
- You will be able to see a register of traders’ offers a little while after you indicate the payment method.
- Locate a seller from the list shown. We suggest that you choose a verified one with a high completed sales rate.
- Next click on "Buy USDT"
- Now the amount you would want to pay in VES must be typed
- Click on "Buy USDT" once again
- Now an order has been opened and the trader and you will contact. Complete the payment, press "Transferred, Next", then press "Confirm". Notice that there’s a time limit for you to make the payment.
Ways to transfer your Bytom (BTM) to the Spot Wallet
Once you have completed a payment to the trader, they will be able to release the Bytom (BTM), by confirming payment reception.
The place where Bytom (BTM) are transferred to is your account wallet.
However, in case you would want to get another Bytom (BTM), you will have to send them to your Spot Wallet.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t follow this step, don’t fear, you can do it at any other time.
How you can transfer your Bytom (BTM) to the Spot Wallet
Once you have completed a payment to the trader, they may release the Bytom (BTM), by confirming invoice of the payment.
This way, they will instantly be deposited into your wallet.
NB: you need to transfer them to your Spot Wallet in order for you to get another crypto.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Drop the "Wallet" list down and press on the "Wallet Funds" button.
- See the "Transfer" button on the upper right area of the screen and press it.
- In the pop-up window, swap the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Choose the currency according to the funds you have in the platform, in this example we’ll use «USDT»
- Type the cryptos you are moving to the spot walet and press "Confirm".
Perfect! Now you have funds available to purchase any of the numerous Bytom (BTM) in the Binance platform.
Discover how simple is to buy any crypto from the Binance platform:
- Find the "Trading" menu in the top upper section.
- From the listing select the "Convert" alternative.
- Fill in the box the sum of «USDT» you want to invest.
- Choose the crypto you wish to get.
- Press "Preview conversion".
- Validate the transaction and that’s all. You will have the amount of the chosen crypto in your Spot Wallet.
All right! Now you have money available to buy any of the several Bytom (BTM) in the Binance platform.
Buy any crypto from the Binance platform just following the steps detailed next:
- Pick the "Trading" menu in the top top panel.
- From that list select the "Convert" alternative.
- Fill in the box the sum of «USDT» you want to spend.
- Choose the crypto you intend to get.
- Press "Preview conversion".
- Confirm the operation and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
Based on the above mentioned information, you are now ready to start trading on Binance.
So, no time to waste, make a fruitful business within the Binance platform.