Purchasing Edgecoin (EDGT) on the Binance platform
You can find a lot of trading platforms on the Internet nowadays, but certainly Binance is among the most popular and reputed.
Learning how to trade with Edgecoin (EDGT) is essential if you’ would like to start out trading on that platform.
Before getting into the wonderful world of cryptocurrency on the Binance platform, you need to know the following.
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Understand how to register on Binance
To be capable of buying Edgecoin (EDGT) on Binance, one thing you must know is definitely how to open your account.
To do so, you will need to follow each of the instructions listed below.
Navigate to the Binance homepage and click on the "Register" option.
Go directly to Binance by clicking here.
Right now press the "Register with a phone or email" button.
Apple devices can be used to do this as well.
For the purpose of this guide, the e-mail address subscription technique will be shown.
- First, select the country from the drop-down list according to the one you’re living in.
- The next step is choosing a secure password. This is of vital importance since it’s all about your money, so you have to invent a really robust one
- Now you must accept "Terms of Service" and, if you wish to receive information, news and updates from Binance in your email address, mark in the corresponding box
By now, you surely have received an email in the address you’ve just used to create your Binance account. In its text you’ll see an activation password you’ll have to will enter in that page. Then click on "Send"
Finally, your Binance subscription is active.
Take a time to get acquainted to the different areas of the Binance platform by browsing them.
This way you mayit will be possible to begin operating with Edgecoin (EDGT) easily.
To have access to these options, you need to fulfill the ID checking.
Notice: No Edgecoin (EDGT) operation will be permitted if you skip this security measure.
However, you don’t need to worry, see the next paragraphs to find out how to do it.
How to verify your Binance account and get started on trading
See the following guidelines and become a certified user:
On the main screen, hover the mouse on the user profile option and a list will immediately show up where you will click on "Security"
Another alternative is to go to the top of the screen and press the "Verify" button
In the list displayed on the left-hand part of the screen, press on the "Identification" option.
Now you’ll need to pick your country of residence.
The platform displays you 3 verification levels: the one you already have, the Verified, and the Verified Plus.
Click on the "Start now" button under the "Verified" label, since this is the beginning level.
Then a pop-up window will display and there you must enter the following data:
- Nationality.
- First and Last Name.
- Middle name and birth date.
- Exact address of your residence.
Here, the Binance platform will ask you to present a legal document for identity verification.
Use your ID card, passport or even your license to complete this step.
Now the platform will ask you to take a selfie following certain guidelines.
After completing all those requisites, the Binance system will perform a confirmation process on your account.
Once your application has been approved, you’ll be informed via e-mail, just be patient.
After that, it’s time to buy Edgecoin (EDGT), to do so see the guidelines below.
Learn to purchase Edgecoin (EDGT) on Binance
Since you have subscribed to the platform and got your account verified, you can begin trading.
In this segment you’ll see how easy is to invest your money in Edgecoin (EDGT).
Now you’ll need to provide a legal document to support your identity.
Use your ID card, passport or even your license to complete this step.
Now, you will have to take a selfie, according to the application’s requirements.
Now you will have to wait for a short period while an account confirmation process is performed.
Now you must wait until your request has been accepted. Be patient, Binance will let you know via e-mail.
The following instructions will guide you through the Edgecoin (EDGT) buying process. As soon as you’ve received the confirmation email, you are a Binance authorized Edgecoin (EDGT) trader.
Buying Edgecoin (EDGT) on Binance
OK, account verified was all you needed to begin buying Edgecoin (EDGT) immediately.
First you need to discover how to make a purchase of Edgecoin (EDGT).
Some processes may have optional paths
To find out which alternatives are available to you when buying, see the "Buy cryptos" menu on the Binance main page.
You have to, of course, try this once you are logged into your account
Placing your mouse pointer over this key will show a list of alternatives to make your purchase.
Next, you’ll have to to present a legal document to support your identity.
passport, ID card or even a license are all valid documents to fulfill this requirement.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
Now you have to wait until your request has been accepted. Be patient, Binance is going to let you know via email.
After that, it’s time to buy Edgecoin (EDGT), just follow the instructions below.
Learn to purchase Edgecoin (EDGT) on Binance
Now that you have registered on the platform and got your account verified, you can start trading.
Learning how to buy a Edgecoin (EDGT) is actually quite easy.
You may have different alternatives throughout the process
To know which alternatives are available to you when buying, look for the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this if you’re logged in
Find all the different purchase options just by hovering your mouse over this button.
Buying Edgecoin (EDGT) with a credit/debit card
Pick the credit card-related option from the "Buy Cryptos" drop-down menu.
Next, just observe these instructions:
In the next box, select the currency you wish to use and enter the amount you want to invest.
The the Edgecoin (EDGT) you intend to buy should be indicated in the second field
According the amount of USD you have previously defined, the system will immediately show you the number of Edgecoin (EDGT) you are going to get.
The following instructions will be helpful to continue the process:
Now you must choose the currency you want to buy with and enter the amount you are going to invest.
The the Edgecoin (EDGT) you’d like to buy should be picked from the second field
According the amount of USD you have just stated, the platform will automatically display the quantity of Edgecoin (EDGT) you are going to receive.
Click on "Continue".
In case you’re going to pay with your credit card, select in the "Visa/Mastercard" box the option "Add card".
Then the platform will ask you to indicate your card numbers.
Your credit card’s address should be indicated next. Be very careful, since you must type it exactly as it is, otherwise the card won’t be accepted. Then press "Add card".
When you see your new card has been successfully included, press "Continue".
The system will now display the details of the buying order you are generating. The amount your card will be charged with the currency you’ve selected, and the Edgecoin (EDGT) you will be credited.
Another important detail in this summary is the sum you’ll be charged as a commision for making the purchase.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The next step must be done on the credit card banking platform. Then you should complete a normal on-line payment with your credit card.
Your recently bought Edgecoin (EDGT) will be available in your Binance e-wallet (called the «Spot Wallet») as soon as the banking procedure is complete
Learn how to purchase Edgecoin (EDGT) via Binance P2P
A different way to buy a cryptocurrency is to trade it
with another subscriber. In that case, you should state the payment method you want to work with first.
Next, you’ll see a summary of the transaction in its final stage. It includes the amount your card will be charged, the selected currency and the quantity of Edgecoin (EDGT) bought.
Indeed, Binance will charge you a small amount as a commission for supporting the operation, and that will appear in that overview as well.
Now you have to certify the order clicking on the "Confirm" button during the next minute, or it will be automatically shut down.
Next, you’ll be sent to the site of the credit card issuing bank. Proceed exactly as you do when making a payment using your card on the bank website.
You can check your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking process has been finished to see your recently bought Edgecoin (EDGT) already there
Know how to buy Edgecoin (EDGT) through Binance P2P
You can get Edgecoin (EDGT) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Method of payment is the first parameter you should specify.
- Select "Security" in your account.
- Press "Payment" on the left-hand side of the screen.
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
After you have added the new method of payment to your account, go to the "Buy Crypto" menu (top part of the screen), find the "Trading P2P" button, and follow the instructions below:
- On the upper bar of the "P2P Account" tab, choose "Buy"
- The complete set of Edgecoin (EDGT) available for purchase via P2P trading will be displayed in this menu, so you will be able to choose the one you’re interested in. In this guide, we will present «USDT».Purchasing any crypto through P2P trading allows the subscriber to exchange it on Binance for any of the currencies available.
- It is time to choose the currency you want to use, for example, «VES». To do this, drop down the list under the "Fiat" label.
- Now you must type the amount in VES you’re going to use in the "Amount" box.
- You will be able to see a register of dealers’ offers a little while after you select the payment method.
- Select a seller from the list shown. We recommend that you pick one that is verified and has a high percentage of sales completed.
- Now select "Buy USDT"
- In this step, the amount you want to invest in VES must be entered
- Again, press "Buy USDT"
- A buying order has been opened and the trader and you will be able to contact each other for details, if needed. You have a time limit to pay, if you fail doing so the order will be canceled by the system (and that’s not good for your rating as a buyer). Once you have paid, click on "Transferred, Next" and then press "Confirm".
The right way to transfer your Edgecoin (EDGT) to the Spot Wallet
The trader, upon validating money reception, will immediately release the Edgecoin (EDGT).
So, they will automatically be deposited into your wallet.
Note that you need to transfer them to your Spot Wallet in case you would want to get any other cryptocurrency.
You can do this immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it later.
The right way to transfer your Edgecoin (EDGT) to the Spot Wallet
Once you have made a payment to the trader, they will be able to release the Edgecoin (EDGT), just by confirming invoice of the payment.
This way, they will quickly be added to your wallet balance.
Nonetheless, you will have to move them to your Spot Wallet in order for you to get another crypto.
To achieve this, you only need to press "Transfer to Spot Wallet" immediately after the buying order has been completed.
This Edgecoin (EDGT) internal transfer can be performed anytime later.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- Locate 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 to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Input the amount you are transferring to the spot walet and press "Confirm".
All right! Now you have funds available to trade any of the numerous Edgecoin (EDGT) in the Binance platform.
Purchase any crypto from the Binance platform just following the steps detailed below:
- Look for the "Trading" option in the top top panel.
- From the list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you wish to spend.
- Now select the crypto you’re about to purchase.
- 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.
That’s it! Now you will have funds in the Spot Wallet so you will be able to buy any of the several of Edgecoin (EDGT) within the Binance platform.
To buy Edgecoin (EDGT) from the Binance platform all you have to do is the following:
- Select the "Trading" option in the upper panel.
- In the list choose the "Convert" alternative.
- Indicate the amount of «USDT» you want to spend.
- Choose the crypto you intend to get.
- Choose "Preview conversion".
- Validate the operation and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
This post surely pictured you a wide vision of what Binance is and how you can trade Edgecoin (EDGT) on it.
The future of money trading relies on Edgecoin (EDGT)., and Binance is a safe and comfortable platform to do business. Start right now!