Buying Elementrem (ELE) on Binance
Undoubtedly one of the world’s leading trading platforms nowadays is Binance.
But if you wish to begin trading on it, the first thing you have to do is to understand how to purchase Elementrem (ELE).
Prior to entering the exciting world of cryptocurrency on the Binance platform, you should know the following.
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Figure out how to register on Binance
To be capable of buying Elementrem (ELE) on Binance, what you must know is definitely how to register.
No complicated registration: just follow the detailed instructions listed below.
Search for the "Register" option in the Binance homepage and click on it to begin the registration process.
Here you have the direct link to Binance.
Look for the "Register with a phone or email" button in the homepage and press it.
iOS devices can be used to do this as well.
In this post, we’ll will describe how to register with an email.
- From the drop-down list of countries, pick the one you’re living in.
- The next step is picking a secure password. This is quite important since it’s all about your money’s safety, so you need to define a really robust one
- Mark whether you would want to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
The Binance platform will immediately send an activation password (NB: this is NOT your password) that you’ll type it in the corresponding line, then press "Send"
Finally, your Binance enrollment is active.
Take a time to get acquainted to the different areas of the Binance platform by navigating through them.
That’s the best way to understand how practical the Binance platform is, and how fast you can begin trading Elementrem (ELE).
To have access to those options, the first thing you must do is complete the identity checking.
Notice: No Elementrem (ELE) trading will be allowed if you overlook this security step.
In the next paragraphs, you’ll see how to do it. Zero problems.
Verify your Binance account to get started on trading
See the next guidelines and become an authorized end user:
On the main screen, place the mouse pointer on the user profile button and a list will immediately drop down where you will need to press "Security"
Another option is to go to the top of the screen and click on the "Verify" button
Look for the option "Identification" on the left side of the screen.
Country of residence is the first thing you must choose.
The platform shows you three levels of verification: the current one, the Verified, and the Verified Plus.
At this moment, you should choose "Verified", pressing the "Start now" option below that label.
At this point, the user is asked to enter certain personal data:
- Nationality.
- First and Last Name.
- Middle name and birth date.
- Residence address (exact).
- Middle name and date of birth.
- Second name and date of birth.
The next step is to verify your identity using a legal document.
You can do this with your passport, ID card, or license.
Follow the system requirements to take a selfie.
Now you will have to wait for a short time while an account confirmation process takes place.
All you need to do is be patient, Binance is going to let you know via email when your profile has been approved.
The following instructions will guide you through the Elementrem (ELE) buying process. As soon as you’ve received the confirmation e-mail, you have become a Binance licensed Elementrem (ELE) trader.
Learn to purchase Elementrem (ELE) on Binance
Starting your Elementrem (ELE) trading career has never been so easy, right?.
Learning how to invest your money in Elementrem (ELE) is actually quite easy.
Now you’ll have to to use a legal document to sustain your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
Now you’ll have to wait for a short period while an account verification process takes place.
Now you have to wait until your profile has been approved. Be patient, Binance will send you an email.
Congrats! Once you’ve got the confirmation you’re officially enabled to buy Elementrem (ELE). The following instructions will be helpful.
Buying Elementrem (ELE) on Binance
All right, account verified means you can begin buying Elementrem (ELE) right now.
Take a time to figure out how to invest your money in Elementrem (ELE).
Some processes may have optional paths
To know which options can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You have to, of course, do that once you are signed into your account
Hovering your mouse pointer over this option will display a list of alternatives to make your purchase.
The next step is to support your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Now, you will be asked to take a selfie, according to the application’s guidance.
After fulfilling all those steps, the Binance system will perform a confirmation process on your account.
Once your profile has been accepted, you’ll be informed via email, just be patient.
The following instructions will guide you through the Elementrem (ELE) purchasing process. As soon as you’ve received the confirmation email, you are a Binance licensed Elementrem (ELE) trader.
Purchasing Elementrem (ELE) on Binance
OK, account approved means you can begin purchasing Elementrem (ELE) right now.
In this section you’ll see how easy is to invest your money in Elementrem (ELE).
Some steps may have alternative paths
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Obviously, you’ll only be able to do this if you’re logged in
Place your mouse on this button and a list of buying alternatives will deploy.
Did you know you could use your debit or credit card to buy cryptos?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Next, just adhere to the following instructions:
Currency preferred and amount of the investment must be specified in the next box.
Next, pick the Elementrem (ELE) you’re going to purchase
Taking into account the amount of USD you have just stated, the system will automatically display the number of Elementrem (ELE) you are going to be given.
The following instructions will be helpful to continue the process:
Currency preferred and amount of the investment should be specified in the next box.
Next, choose the Elementrem (ELE) you’re going to buy
Considering the amount of USD you’ve just specified, the system will immediately show you the number of Elementrem (ELE) you’ll get.
Next click "Continue".
Now it’s time to indicate your method of payment. To pay with a credit card, choose in the "Visa/Mastercard" box the option "Add card".
Enter your credit card numbers and press "Next".
The following field is intended to state the address the credit card is associated to. Type it exactly as it is, then choose "Add card".
With this, your credit card will be added to the payment methods in your account. Click "Continue".
Next, you’ll see a quick view of the operation in its final stage. That includes the sum your card will be charged, the chosen currency and the quantity of Elementrem (ELE) you will receive.
In fact, Binance will charge you a certain percentage as a commission for making the purchase, and that will be shown in that overview also.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
Next, you’ll be sent towards the banking platform the credit card has been issued by. Then you would complete a standard online payment with your credit card.
You can check your Binance digital wallet (called the «Spot Wallet») after the banking process is complete and you’ll see your recently bought Elementrem (ELE) already credited
Buy Elementrem (ELE) through Binance P2P
You may buy Elementrem (ELE) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber as well. To get this done, the first step is to specify which payment method you would want to work with.
Next, all the relevant details of the transaction will be presented: the sum you’ll pay and the corresponding currency, and of course, the cryptos you will get.
Indeed, Binance will charge you a small amount as a commission for supporting the operation, and that will appear in that quick view also.
Within the next 60 seconds press "Confirm", and then the order will be automatically terminated.
The next step must be done on the credit card banking system. Follow the steps in the same way you would generate a payment with your credit card.
Your recently bought Elementrem (ELE) will be available in your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure has been completed
Know how to buy Elementrem (ELE) with Binance P2P
This means «Person To Person», i.e.: trading Elementrem (ELE)
with another Binance subscriber. Payment method is the first setting you should state.
- Login to the "Security" panel of your account.
- Select "Payment" on the left-hand side of the screen.
- Click the "Add a Payment Method" button and follow the platform guidance.
Now that the new method of payment has been added to your profile, go to the upper part of the screen and pass over "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following steps:
- On the upper bar of the "P2P Account" tab, choose "Buy"
- The complete set of Elementrem (ELE) available for buying through P2P operations will be displayed in this list, so you will be able to choose the one you’re interested in. As for this example, we present «USDT».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 foreign currencies valid in the Binance platform.
- Now you should choose the local currency you want to make the payment with, for instance, «VES». Simply, see the drop-down list under the "Fiat" column.
- You must enter the amount in VES you’d like to invest in the "Amount" box.
- After you’ve defined the payment method, the Binance system will show you a register of traders’ offers.
- Any of the traders shown in the list can be selected, but it is advisable to choose a verified one (see the blue diamond badge), and better, a high-volume seller (gold star badge).
- Press "Buy USDT"
- Type the amount in VES you would like to pay
- Press "Buy USDT" again
- A buying order has been created and the seller and you will be able to contact each other for details, if needed. You have a limited time to pay, otherwise the order will be shut down by the platform (something not good for your reputation as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
How you can transfer your Elementrem (ELE) to the Spot Wallet
After you have completed a payment to the seller, they are going to release the Elementrem (ELE), by confirming receipt of the payment.
The place where Elementrem (ELE) are added to is your account wallet.
However, in case you want to get another Elementrem (ELE), you will have to send them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" right after the buying order has been completed.
If you didn’t follow this step, don’t stress, you can do it later.
How to transfer your Elementrem (ELE) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
The default place where Elementrem (ELE) are deposited is your account wallet.
Although, in case you would want to purchase another Elementrem (ELE), you will need to move them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" immediately after the buying order is completed.
In the event you didn’t do this, don’t fear, you can do it at any other moment.
- Hover the mouse over "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" button is located at the top right. Click on it.
- Configure the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- For this post, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Set the cryptos you are about to move for the Exchange and press "Confirm".
That’s all! Now you will have money in the Spot Wallet and you will be able to purchase any of the several of Elementrem (ELE) within the Binance platform.
Buy any cryptocurrency from the Binance platform just following the steps described below:
- In the top panel, look for the "Trading" option.
- From the listing choose the "Convert" alternative.
- Type the amount of «USDT» you wish to spend.
- Now mark the cryptocurrency you’re about to get.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have funds available to buy any of the several Elementrem (ELE) in the Binance platform.
To purchase Elementrem (ELE) from the Binance platform all you have to do is the following:
- Select the "Trading" option in the top panel.
- Click on "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now select the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
You’ve already learned how simple is to start out doing business with Elementrem (ELE) on Binance.
So, no need to think twice, make a worthwhile business in this cryptocurrency platform.