Buying Echelon (ECH) on Binance
No doubt one of the world’s leading trading platforms nowadays is Binance.
But if you’d like to get started operating on it, the first thing you must do is to learn how to purchase Echelon (ECH).
Stay on this post and you’ll discover everything you need to know about purchasing crypto on Binance.
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Discover how to register on Binance
To be able to buy Echelon (ECH) on Binance, the first thing you have to know is definitely how to register.
Simply follow each of the guidelines below.
Search for the "Register" option in the Binance main page and press on it to begin the registration process.
You have the direct access here.
Look for the "Register with a phone or email" button in the homepage and press it.
iOS phones or tablets can be used as well.
Here you’ll will see the subscription technique using an email address.
- First, pick the country from the drop-down list according to your place of residence.
- Next, enter your email address and a keycode. Bear in mind that you will invest money, you should give relevance to the password you choose
- Whether you wish to be updated periodically via email about Binance news, mark in the corresponding option. Then you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Next step is the e-mail verification
Binance will automatically send a one-time-only activation keycode (NB: this is NOT your password) that you’ll write it in the corresponding box, then press "Send"
You’re now a Binance subscriber!.
It is a nice idea to visit the different options of the Binance platform and become familiar with them.
You’ll immediately notice how simple is to start trading Echelon (ECH).
The ID verification is a required step you must fulfill to get access to all these options.
Please, note that it will be only after you have fulfilled this safety step that you’ll obtain permission to start operating with Echelon (ECH).
However, you don’t need to worry, continue reading the next instructions to find out how to do it.
Verify your account to get started trading
To become a certified customer you have to complete the steps below:
Select "Security" from the drop-down list under the user profile area
You may also press "Verify" button at the top of the screen
In the list displayed on the left-hand area of the screen, pick the "Identification" option.
Country of residence is the first thing you must pick.
The platform will show you 3 verification levels: the one you already have, the Verified, and the Verified Plus.
At this moment, you must select "Verified", clicking on the "Start now" button below that label.
A new window will pop-up, and there you will have to give your personal data: Nationality, first name and last name, middle name and date of birth. Besides, make sure you give the exact address of your residence
It is time to support your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Follow the system guidance to take a selfie.
After completing all those steps, the Binance system will perform a verification process on your account.
Now you have to wait until your profile has been accepted. Be patient, the system is going to send you an e-mail.
After that, it’s time to get Echelon (ECH), to do so see the instructions below.
Buying Echelon (ECH) on Binance
So, account approved was all you needed to begin purchasing Echelon (ECH) immediately.
First you need to discover how to buy a Echelon (ECH).
It is time to corroborate your identity with a legal document.
ID card, passport or even a license will be enough to fulfill this condition.
Follow the system guidelines to take a selfie.
After fulfilling all those requirements, the Binance system will carry out a verification process on your account.
Now you must wait until your profile has been accepted. Be patient, the platform is going to let you know via e-mail.
Congrats! Now you’re officially licensed to buy Echelon (ECH). See the guidelines that follow.
Buying Echelon (ECH) on Binance
OK, account verified means you can begin buying Echelon (ECH) immediately.
Take a time to figure out how to invest your money in Echelon (ECH).
You may find more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Certainly, you’ll only be able to do this after you’ve logged in
Placing your mouse pointer over this key will display a list of alternatives to make the purchase.
Next, you’ll have to to present a legal document to corroborate your identity.
passport, ID card or even a license will be enough to fulfill this requirement.
Now the system will ask you to take a selfie under certain conditions.
After you have fulfilled the system’s requirements, you will have to wait a while for the confirmation to be applied to your account.
Once your profile has been approved, Binance will send you an e-mail, just be patient.
The following instructions will guide you through the Echelon (ECH) purchasing process. As soon as you’ve received the confirmation email, you’re a Binance authorized Echelon (ECH) trader.
How to buy Echelon (ECH) on Binance
Starting your Echelon (ECH) trading career has never been so easy, right?.
In this section you’ll see how easy is to make a purchase of Echelon (ECH).
Be aware that you have different alternatives for this process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Needless to say you must be logged into your account to do this
Placing your mouse pointer over this key will show a list of alternatives to make your purchase.
Buying Echelon (ECH) using a credit/debit card
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
These directions will help you in the process:
Currency to be used and amount of the investment must be defined here.
In the second field you must pick the Echelon (ECH) you wish to get
When you do so, the system will automatically show you the number of Echelon (ECH) you will be given, considering the amount of USD you’ve previously indicated.
The following guidelines will be helpful to continue the process:
Now you must pick the currency you want to use and enter how much you want to invest.
In the next field you must choose the Echelon (ECH) you would like to purchase
When you do so, the platform will immediately show you the number of Echelon (ECH) you will get, taking into account the amount of USD you have previously invested.
Now select "Continue".
To use your credit card as a payment method, pick in the "Visa/Mastercard" field the option "Add card".
Enter your CC numbers and press "Next".
The credit card’s associated address must be indicated next. Try not to err a single character, since you’ll need to write it exactly as it is, otherwise the card won’t be approved. Then select "Add card".
Press "Continue" after you notice your card has been successfully included in your user profile as a new payment method.
Next, you’ll be presented a summary of the transaction about to be completed. It includes the sum you will pay, the chosen currency and the quantity of Echelon (ECH) bought.
It will also indicate the commission will be charged for the transaction.
Now you have to validate the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically aborted.
The Binance platform will now send you to the bank issuing the credit card. There you would make a normal on-line payment with your credit card.
Your recently bought Echelon (ECH) will be available in your Binance e-wallet (called the «Spot Wallet») after the banking process has been done
Purchase Echelon (ECH) with Binance P2P
You can buy Echelon (ECH) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To get this done, the first step is to define which payment method you would want to use.
Next, all the important details of the operation will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to receive.
Another detail of relevance in this quick view is the percentage you’ll be charged as a commision for making the operation.
You have 1 minute to press "Confirm", otherwise the order will automatically expire.
The system will now redirect you to the bank issuing the credit card. There you should complete a normal online payment using your credit card.
You may take a look at your Binance digital wallet (referred to as the «Spot Wallet») after the banking process is complete and you’ll find your recently purchased Echelon (ECH) already credited
Purchase Echelon (ECH) with Binance P2P
Another option you have to buy a cryptocurrency is to exchange it
with another subscriber. To accomplish this, the first step is to define the payment method you want to work with.
- Go to your profile and select "Security".
- Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- Press the "Add a Payment Method" button and follow the system instructions.
When the new method of payment has been configured in your account, locate the "Buy Crypto" menu on the upper part of the screen, click the "Trading P2P" option and follow the directions described below:
- On the top bar of the "P2P Account" tab, select "Buy"
- This bar contains the list of Echelon (ECH) available for purchase through P2P operations. Pick the one you want, in our case we will use «USDT» as an example.It is important to note that once you buy one of these cryptocurrencies via P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Choose the currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
- Use the "Amount" box to type the sum in VES you’d like to spend to buy Echelon (ECH).
- You will see a list of traders’ offers as soon as you select the payment method.
- From the list displayed list, you may choose any of the traders. It is advisable to select a verified one and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Now the amount you wish to invest in VES must be input
- Again, click on "Buy USDT"
- That will open a purchase order where you will be in touch with the trader. Pay within the time limit and click on "Transferred, Next", then press "Confirm".
Learn how to transfer your Echelon (ECH) to the Spot Wallet
The trader, upon receiving your money, will immediately release the Echelon (ECH).
You may check your wallet Binance balance to confirm reception.
Take into account that your Echelon (ECH) must be in your Spot Wallet in order for you to buy others, so you will have to send them there before.
To do this, all you have to do is click on "Transfer to Spot Wallet" right after the purchase order has been completed.
This Echelon (ECH) internal transfer can be done whenever you need.
Tips on how to transfer your Echelon (ECH) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception validation has been done.
This way, they will quickly be added to your account balance.
But in case you would want to purchase another Echelon (ECH), you will need to move them to your Spot Wallet.
You can move them immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Echelon (ECH) internal movement can be done whenever you need.
- Click on "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" option is located at the top right. Click on it.
- A pop-up window will open, where you should set the options to:
- From: Funds
- To: Fiat and Spot
- Choose the currency in which you have funds, in the example right here we use «USDT»
- Input the amount you are moving to the spot walet and press "Confirm".
With these money already in your Spot Wallet, don’t fear to buy any crypto you believe could be profitable.
Find out how easy is to purchase any crypto from the Binance platform:
- Pick the "Trading" menu in the top panel.
- In the listing choose the "Convert" option.
- Fill in the box the sum of «USDT» you wish to invest.
- Select the crypto you intend to get.
- Click on "Preview conversion".
- Validate the operation and that’s all. You now will have the amount of the selected crypto in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you consider could be profitable.
To purchase Echelon (ECH) from the Binance platform what you just have to do is described below:
- Locate the "Trading" option in the top upper section.
- From the listing choose the "Convert" alternative.
- Indicate the sum of «USDT» you want to invest.
- Select the crypto you intend to buy.
- Click on "Preview conversion".
- Confirm the operation and that’s all. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
Based upon the information above, you are now ready to start trading on the Binance platform.
Don’t wait any longer and begin earning some extra money.