Purchasing eaglecoin (ELC) on the Binance platform
There are many trading platforms on the Internet nowadays, but certainly Binance is among the most popular and reputed.
But if you need to get started trading on it, the first thing you must do is to figure out how to purchase eaglecoin (ELC).
The goal of this article is to guide the reader about how to buy eaglecoin (ELC) on the Binance eaglecoin (ELC) platform.
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Learn how to register on Binance
Opening a Binance account is the very first step you must complete.
Quick and easy registration: just follow the guidelines below.
On the Binance homepage you must locate the "Register" option and press it.
Here you have the direct link to Binance.
In the Binance main page you’ll see a button labeled "Register with a phone or email". Click on it.
You can also do this using your Apple device.
In this guide we’ll will describe the subscription process using an email address.
- In the window that will be displayed, select your country of residence from the drop down list.
- Now the crucial step: password. Define an alphanumeric word difficult enough not to be easily guessed. Don’t use your name, birth date or things like that. Keep in mind that it’s your money what will have to be secured by that word
- Now you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your email address, check in the corresponding box
See the inbox of the e-mail address you utilized for registration and look for the activation code exclusive of your account. Type it in the corresponding box and click on "Send"
Finally, your Binance enrollment is active.
Take a time to become familiar with the different areas of the Binance platform by navigating through them.
This way you mayit is possible to start trading eaglecoin (ELC) conveniently.
Complete the required ID verification to enable all these options.
Please, take into account that it will be only after you have fulfilled this security step that you’ll get permission to start trading eaglecoin (ELC).
No big deal, though. Read the following paragraphs to complete that step.
Verify your account to start out trading
To become a certified user you have to follow the next steps:
From the user profile menu, choose "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Press "Identification" on the left options list.
Country of residence is the first thing you must choose.
Next you’ll will immediately see three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
At this moment, you must choose "Verified", pressing the "Start now" button under it.
A pop-up window will be shown, and there you’re going to provide your personal info: Nationality, first name and surname, middle name and birth date. Also, make sure you give the exact address of your residence
Next, you’ll have to to present a legal document to check your identity.
You can do this with your ID card, passport, or driver’s license.
Follow the system requirements to take a selfie.
After completing all those steps, the Binance platform will do a confirmation process on your account.
As soon as your application has been approved, you will be notified via email, just be patient.
The following instructions will guide you through the eaglecoin (ELC) purchasing process. As soon as you’ve got the confirmation e-mail, you’re a Binance authorized eaglecoin (ELC) trader.
How to purchase eaglecoin (ELC) on Binance
Now that you are subscribed to the Binance platform and got your account validated, you can start trading.
Understanding how to convert money into eaglecoin (ELC) is actually quite easy.
Next, you’ll have to to provide a legal document to verify your identity.
Use your passport, ID card or even your license to complete this step.
Follow the system instructions to take a selfie.
After fulfilling all those requisites, the Binance system will carry out a confirmation process on your account.
All you have to do is wait patiently, Binance will let you know via email once your request has been accepted.
After that, it’s time to acquire eaglecoin (ELC), just follow the guidelines below.
Purchasing eaglecoin (ELC) on Binance
Now that you have registered on the Binance platform and have your account verified, you can begin trading.
In this section you’ll discover how simple is to convert money into eaglecoin (ELC).
You will probably find more than one option throughout the process
To find out which options are available to you when buying, see the "Buy cryptos" menu on the Binance main page.
You will need to, of course, do that after you’ve signed into your account
Place your mouse over this key and a list of buying alternatives will deploy.
At this point, the Binance platform will require you to provide a legal document for identity verification.
passport, ID card or even a license are all valid documents to fulfill this formality.
Follow the system requirements to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
Now be patient, Binance will send you an e-mail when your profile has been approved.
Congratulations! As soon as you’ve got the confirmation you’re officially authorized to buy eaglecoin (ELC). The following guidelines will be helpful.
Learn to buy eaglecoin (ELC) on Binance
Since you have subscribed to the platform and have your account verified, you’re OK to start trading.
Learning how to invest your money in eaglecoin (ELC) is not so difficult.
Some steps might have optional paths
To know which options can be found when buying, browse through the "Buy cryptos" menu on the Binance homepage.
You will need to, of course, try this once you are logged into your account
Move your mouse on this option and a list of buying alternatives will deploy.
Did you know you can use your debit or credit card to purchase cryptocurrencies?
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
Read on for further instructions:
In the next box, select the currency you’d like to use and enter how much you are going to invest.
In the second field you must pick the eaglecoin (ELC) you’d like to purchase
According the amount of USD you have just specified, the system will automatically display the number of eaglecoin (ELC) you will receive.
After that, just adhere to these directions:
Currency to be used and how much you will invest must be indicated here.
In the next field you must choose the eaglecoin (ELC) you’d like to get
Once you do so, the system will immediately show you the number of eaglecoin (ELC) you will get, considering the amount of USD you’ve previously invested.
Click "Continue".
Now you must define the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" box the option "Add card".
Card details must be typed in this step, then press "Next".
Now specify the physical address details of the credit card. Then select "Add card".
When you see your new card has been successfully included, press "Continue".
The system will now show you the details of the purchase order you are creating. The amount your card will be charged in the currency you’ve chosen, and the eaglecoin (ELC) you will be given.
It will also state the commission will be charged for the transaction.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The Binance platform will now reroute you to the credit card issuing bank. Follow the instructions in the same way you would make a payment with your credit card.
After the banking process has been completed, you are already in possession of the purchased eaglecoin (ELC) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy eaglecoin (ELC) with Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging eaglecoin (ELC)
with another Binance trader. To get this done, the first step is to add the payment method you would want to work with.
Next, you’ll be presented a snapshot of the operation in its final stage. It includes the sum your card will be charged, the chosen currency and the quantity of eaglecoin (ELC) purchased.
Another important detail in this overview is the amount you’ll be charged as a commision for making the operation.
You have 1 minute to press "Confirm", otherwise the order will be automatically terminated.
The next step must be done on the credit card banking platform. Then you will make a standard on-line payment using your credit card.
Your recently purchased eaglecoin (ELC) will be available in your Binance e-wallet (called the «Spot Wallet») as soon as the banking process has been done
Purchase eaglecoin (ELC) with Binance P2P
You may buy eaglecoin (ELC) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. Payment method is the first setting you will define.
- Login to the "Security" section of your profile.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- Select "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
Now that the new method of payment has been configured in your account, go to the top part of the display and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following steps:
- Press the "Buy" option on the upper bar of the "P2P Account" menu
- All the eaglecoin (ELC) available for buying through P2P operations will be shown in this menu, so you will be able to pick the one you want. As for this example, we will use «USDT».Any eaglecoin (ELC) bought via P2P trading could be exchanged by any of the currencies available on Binance.
- Now you should choose the currency you want to make the payment with, for instance, «VES». To do this, drop down the list under the "Fiat" column.
- In the "Amount" box, input the amount in VES you would like to invest.
- After you’ve indicated the method of payment, the Binance system will show you a list of dealers’ ads.
- Any of the sellers displayed in the list can be selected, but it is advisable to select a verified one (see the blue diamond marking), and even better, a high-volume seller (golden star badge).
- Select "Buy USDT"
- Type the amount in VES you would like to pay
- Click on "Buy USDT" again
- Now an order has been created and the seller and you will be in touch. Pay, press "Transferred, Next" and then press "Confirm". Notice that there’s a limited time for you to make the payment.
How you can transfer your eaglecoin (ELC) to the Spot Wallet
After you have completed a payment to the trader, they will be able to release the eaglecoin (ELC), just by confirming payment reception.
The place where eaglecoin (ELC) are deposited is your account wallet.
Take into account that your eaglecoin (ELC) must be in your Spot Wallet in case you want to purchase others, so you will need to send them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the purchase order has been completed.
In the event you didn’t follow this step, don’t worry, you can do it at any other time.
Ways to transfer your eaglecoin (ELC) to the Spot Wallet
The trader, upon confirming money reception, will automatically release the eaglecoin (ELC).
The place where eaglecoin (ELC) are transferred to is your Binance wallet.
Note that you need to transfer them to your Spot Wallet in order for you to get any other cryptocurrency.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t get worried, you can do it at any other time.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down menu.
- See the "Transfer" button at the top right and click on 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 corresponding to your funds in the platform, in this example we’ll use «USDT»
- Input the amount you are transferring to the spot walet and click "Confirm".
That’s it! This way you will have funds in the Spot Wallet so you will be able to trade any of the huge selection of eaglecoin (ELC) that the Binance platform has.
Discover how easy is to buy any cryptocurrency from the Binance platform:
- In the upper section, loate the "Trading" menu.
- In the list select the "Convert" option.
- Indicate the amount of «USDT» you would like to invest.
- Now select the cryptocurrency you’re about to get.
- Click on "Preview conversion".
- Validate the transaction and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from trading any cryptocurrency you think could yield the highest profit.
Purchase any cryptocurrency from the Binance platform just following the instructions detailed next:
- Locate the "Trading" option in the top upper section.
- In the list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you would like to invest.
- Choose the crypto you intend to buy.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You now will have the amount of the chosen crypto in your Spot Wallet.
You’ve already seen how simple is to begin doing business with eaglecoin (ELC) on Binance.
Cryptos are the future, and Binance is a secure and comfortable place to do business. Begin today!