Buying ChessCoin (CHESS) on the Binance platform
Undoubtedly one of the most reputed trading platforms in the world nowadays is Binance.
Understanding how to purchase ChessCoin (CHESS) is essential in case you need to get started operating on that platform.
This post is intended to guide you about how to trade with ChessCoin (CHESS) on the Binance ChessCoin (CHESS) exchange.
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Be able to register on Binance
The only way to start operating on Binance is subscribing to it.
Registering on the Binance platform is easy: check the following guidelines.
Search for the "Register" button in the Binance homepage and press on it to begin the registration process.
Access directly to Binance by clicking here.
In the Binance homepage you’ll see a button named "Register with a phone or email". Click on it.
iOS phones or tablets can be used to do this as well.
For the purpose of this article, the e-mail address registration process will be described.
- In the window you’ll immediately see, pick your country of residence from the drop down list.
- Now, write your email address and a security password. Keep in mind that you will invest your money, you must give relevance to the password you set up
- Choose whether you wish Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and press "Create Account"
Check the inbox in the e-mail address you used for subscription and look for the activation code for your account. Enter it in the corresponding line and click on "Send"
And that’s it! You are now subscribed to Binance.
Now you can navigate the Binance platform and get to know all the options it offers.
This way you canit is possible to begin trading ChessCoin (CHESS) without any trouble.
To have access to these options, you must complete the ID checking.
It is very important to notice that unless you complete this safety step, you’ll not get permission to begin trading ChessCoin (CHESS).
No big deal, though. See the next paragraphs to complete that step.
Learn to complete the verification of your account and put hands on trading
See the following guidelines and become a certified end user:
From the user profile menu, click on "Security"
Another alternative is to move to the top of the screen and press the "Verify" button
Go to "Identification" on the left menu.
Now you’ll have to choose your country of residence.
The platform will show you 3 verification levels: the current one, the Verified, and the Verified Plus.
Here you must select "Verified", clicking on the "Start now" button below that label.
Then a pop-up window will be shown and there you should tytpe the following information:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Exact address of your residence.
Now you’ll have to to show a legal document to sustain your identity.
passport, ID card or even a driver’s license are all valid documents to fulfill this condition.
Now the platform will require you to take a selfie following certain guidelines.
Now you will have to wait for a short time while an account verification process takes place.
When your profile has been accepted, you will be informed via e-mail, just be patient.
After that, it’s time to get ChessCoin (CHESS), just follow the guidelines below.
Purchasing ChessCoin (CHESS) on Binance
So, account confirmed was all you needed to begin purchasing ChessCoin (CHESS) right now.
Learning how to make a purchase of ChessCoin (CHESS) is not so difficult.
The next step is to verify your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now the system will require you to take a selfie following certain guidelines.
The last step is on Binance’s side: a corroboration process that will take only a short time.
Now be patient, Binance is going to send you an e-mail once your profile has been accepted.
Congrats! Once you’ve got the confirmation you’re officially authorized to trade ChessCoin (CHESS). The following instructions will be helpful.
Buying ChessCoin (CHESS) on Binance
All right, account confirmed was all you needed to begin buying ChessCoin (CHESS) right now.
Understanding how to convert money into ChessCoin (CHESS) is actually quite easy.
Some processes might have alternative paths
Look for the "Buy cryptos" menu on the Binance main page to find out which options are available to you when buying.
Needless to say you must be logged into your account to do this
Uncover all the different purchase options just by placing your mouse over this button.
Here, the Binance platform will require you to use a legal document for identity checking.
Use your ID card, passport or even your license to complete this step.
Now, you will be asked to take a selfie, following the platform’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 accepted. Be patient, the system is going to let you know via e-mail.
Upon receiving that email it’s time to acquire ChessCoin (CHESS), to do so see the guidelines below.
How to purchase ChessCoin (CHESS) on Binance
Now that you are subscribed to the platform and got your account validated, you can start trading.
In this segment you’ll see how easy is to make a purchase of ChessCoin (CHESS).
Some processes may have alternative paths
See the "Buy cryptos" menu on the Binance homepage to find out which options can be found when buying.
Certainly, you’ll only be able to do this if you’re logged in
Hover your mouse over this button and a list of buying alternatives will be displayed.
Making use of your credit or debit card for buying ChessCoin (CHESS)
Choose the credit card-related option from the "Buy Cryptos" drop-down menu.
The following guidelines will be helpful to continue the process:
Currency preferred and how much you will invest should be stated in the next box.
In the next field you should pick the ChessCoin (CHESS) you wish to get
The number of ChessCoin (CHESS) you’ll get will depend upon the amount of USD you have just indicated. The Binance platform will automatically show it to you.
Keep on reading for detailed guidelines:
Now you should select the currency you’d like to use and indicate the amount you want to invest.
The the ChessCoin (CHESS) you wish to buy should be picked from the second field
According the amount of USD you have recently defined, the system will immediately show you the number of ChessCoin (CHESS) you are going to receive.
Press "Continue".
If you’re going to pay with a credit card, go to the "Visa/Mastercard" field and click on the "Add card" button.
Card numbers must be entered in this step, then press "Next".
In this step you must indicate the physical address details of the CC. Following this, select "Add card".
With this, your card will be added to the payment methods in your account. Press "Continue".
Next, you’ll see a snapshot of the transaction in its final stage. It includes the amount your card will be charged, the selected currency and the amount of ChessCoin (CHESS) purchased.
Another important detail in this snapshot is the amount you’ll be charged as a commision for making the operation.
Now you must validate the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically terminated.
After this, you will be sent towards the site of the bank issuing the credit card. There you should make a normal on-line payment with your credit card.
When the banking procedure is complete, you will get your purchased ChessCoin (CHESS) in your Binance digital wallet (referred to as the «Spot Wallet»)
Learn how to purchase ChessCoin (CHESS) via Binance P2P
That means «Person To Person», i.e.: exchanging ChessCoin (CHESS)
with another Binance subscriber. In that case, you should define which payment method you would want to use first.
Next, all the important details of the operation will be displayed: the amount you are paying and the corresponding currency, and obviously, the cryptos you will get.
It will also let you know the commission you need to pay for the purchase.
In less than 1 minute press "Confirm", from then on the order will expire automatically.
The platform will now reroute you to the credit card issuing bank. Proceed just as you do when making a payment using your card on the bank website.
Your recently purchased ChessCoin (CHESS) will be available in your Binance digital wallet (referred to as the «Spot Wallet») after the banking process is complete
Know how to purchase ChessCoin (CHESS) with Binance P2P
A different way to purchase crypto is to trade it
with another person. Method of payment is the first parameter you will add.
- Go to your account and select "Security".
- From the list on the left-hand side select "Payment".
- Choose "Add a Payment Method" and the system will guide you through the rest of the process.
Now that the new payment method has been included in your account, go to the upper part of the display and hover on "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following steps:
- On the upper bar of the "P2P Account" tab, select "Buy"
- In this bar you will find the list of ChessCoin (CHESS) available for purchase through P2P operations. Choose the one you want, in our case we will present «USDT» as an example.It is important to note that once you buy any crypto through P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Choose the local currency you want to pay with from the drop-down list under the "Fiat" label, for instance, «VES».
- Now you need to input the sum in VES you’re going to spend in the "Amount" box.
- Indicate the payment method and wait for the platform to display all the traders’ ads.
- Any of the traders displayed in the list can be chosen, but it is recommendable to select a verified one (with the blue diamond mark), and better, a high-volume seller (golden star mark).
- Now select "Buy USDT"
- Now the amount you want to pay in VES must be input
- Press "Buy USDT" once again
- Now a purchase order has been opened and you’ll be able to contact the seller. Pay, click on "Transferred, Next" and then press "Confirm". Note that there’s a time limit for you to pay.
How to transfer your ChessCoin (CHESS) to the Spot Wallet
When you have made a payment to the trader, they will be able to release the ChessCoin (CHESS), just by confirming payment reception.
You may see your wallet account balance to confirm reception.
Although, in order for you to buy another ChessCoin (CHESS), you need to move them to your Spot Wallet.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after the purchase, no problem at all: you’ll always be able to do it at any moment.
Tips on how to transfer your ChessCoin (CHESS) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception acknowledge has been done.
So, they will immediately be deposited into your wallet.
Although, in order for you to buy another ChessCoin (CHESS), you need to move them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" once the purchase order is completed.
If you didn’t follow this step, don’t be anxious, you can do it later.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- See the "Transfer" option on the upper right area of the navigator window and press it.
- A pop-up window will open, where you must configure the options to:
- 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»
- Set the cryptos you are transferring to the spot walet and press "Confirm".
Perfect! Now you have funds available to purchase any of the several ChessCoin (CHESS) in the Binance platform.
See how easy is to buy any cryptocurrency from the Binance platform:
- Find the "Trading" option in the upper section.
- Press "Convert" from the list.
- Type the sum of «USDT» you want to invest.
- Select the cryptocurrency you wish to get.
- Press "Preview conversion".
- Validate the operation and that’s all. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
Perfect! Now you have money available to purchase any of the several ChessCoin (CHESS) in the Binance platform.
Find out how easy is to purchase any cryptocurrency from Binance:
- In the upper panel, look for the "Trading" menu.
- In the listing select the "Convert" alternative.
- Enter the amount of «USDT» you wish to invest.
- Choose the crypto you would like to purchase.
- Click on "Preview conversion".
- Validate the transaction and that’s all. You now will have the amount of the selected crypto in your Spot Wallet.
This text surely pictured you a wide vision of what Binance is and how you can do business with ChessCoin (CHESS) on it.
So, no need to think twice, make a profitable business in this cryptocurrency platform.