How to purchase Eleven Finance (ELE) on Binance
You can find several trading platforms on the Internet nowadays, but clearly Binance is one of the most popular and innovative.
Learning how to buy Eleven Finance (ELE) is essential if you need to start out operating on that platform.
That’s why on this page we’ll try to give you all the information you should have to purchase Eleven Finance (ELE) on the Binance crypto exchange.
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Understand how to register on Binance
To be capable of buying Eleven Finance (ELE) on Binance, one thing you need to know is how to register.
Hassle-free subscription: just follow the detailed instructions below.
Search for the "Register" button in the Binance homepage and click on it to begin the registration process.
Here you have the direct access to Binance.
In the Binance main page you’ll find a button labeled "Register with a phone or email". Click on it.
The Binance platform is totally compatible with iOS mobile devices as well.
Here you’ll will see the registration process using an e-mail address.
- In the screen that is shown, choose your country of residence from the drop-down list.
- Now the crucial part: password. Select a string of characters rare enough not to be simply deducted. Never use your birth date, middle name or things like that. Be well aware that it’s your money what will be protected by that password
- In this step you must accept "Terms of Service" and, if you want to get information, news and updates from Binance in your e-mail address, check in the corresponding box
The Binance platform will automatically send an activation code (NB: this is NOT your password) that you’ll write it in the corresponding box, then click on "Send"
That’s all! You are now registered to Binance.
Take a time to get acquainted to the different options of the Binance platform by visiting them.
That’s the best way to understand how practical the Binance platform is, and how quick you can start operating with Eleven Finance (ELE).
Complete the required ID checking to enable all these options.
Please, be well aware that it is only after you have completed this safety step that you’ll get permission to start trading Eleven Finance (ELE).
In the following paragraphs, you’ll be guided on how to do it. Zero problems.
Verify your Binance account to start trading
The following are the instructions to verify your Binance account and get the permission to begin trading:
From the user profile menu, choose "Security"
Another option is to move to the top of the screen and click on the "Verify" button
Look for the option "Identification" on the left part of the screen.
Country of residence is the first thing you must select.
Now, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
To begin, press "Start now" just below the "Verified" level.
Then a pop-up window will appear and there you must write the following information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
The next step is to sustain your identity with a legal document.
ID card, passport or even a license will be enough to fulfill this requirement.
Now the system will ask you to take a selfie under certain conditions.
The final step is on Binance’s side: a confirmation process that will just take a while.
All you need to do is wait patiently, Binance will let you know via email as soon as your profile has been accepted.
Congrats! Once you’ve got the confirmation you’re officially enabled to buy Eleven Finance (ELE). The following instructions will be helpful.
Learn to purchase Eleven Finance (ELE) on Binance
Since you have registered on the Binance platform and have your account verified, you can begin trading.
Take a time to know how to buy a Eleven Finance (ELE).
Here, the Binance platform will require you to use a legal document for identity verification.
Use your passport, ID card or even your license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
The final step is on Binance’s side: a certification process that will take only a short time.
As soon as your application has been accepted, you’ll be notified via email, just be patient.
The following instructions will guide you through the Eleven Finance (ELE) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance licensed Eleven Finance (ELE) trader.
Learn to buy Eleven Finance (ELE) on Binance
OK, account confirmed was all you needed to begin buying Eleven Finance (ELE) right now.
Learning how to buy a Eleven Finance (ELE) is not that hard.
Be aware that you could have more than one option for this process
Look for the "Buy cryptos" menu on the Binance main page to find out which options can be found when buying.
Needless to say you must log into your account to be able to do this
Unveil all the different buying options just by hovering your mouse over this button.
Here, the Binance platform will require you to show a legal document for identity checking.
You can do this with your passport, ID card, or license.
Now the platform will ask you to take a selfie under certain conditions.
The final step is on Binance’s side: a verification process that will take only a short time.
Once your application has been approved, you will be informed via email, just be patient.
Congratulations! Now you’re officially licensed to buy Eleven Finance (ELE). See the guidelines that follow.
Purchasing Eleven Finance (ELE) on Binance
All right, account verified was all you needed to begin purchasing Eleven Finance (ELE) immediately.
In this segment you’ll see how simple is to buy a Eleven Finance (ELE).
You will probably have different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Needless to say you must login to your account to do this
Placing your mouse pointer over this option will display a list of alternatives for making the purchase.
Buying Eleven Finance (ELE) with a credit/debit card
The first thing you must do to buy the Eleven Finance (ELE) you want using a credit card, should be to pick this method from the "Buy Cryptos" drop-down menu.
These guidelines will help you in the process:
Currency preferred and how much you’ll invest should be specified in the next box.
In the second field you must choose the Eleven Finance (ELE) you’d like to purchase
According the amount of USD you’ve just stated, the system will immediately show you the quantity of Eleven Finance (ELE) you are going to get.
After that, just carry out these guidelines:
Currency preferred and how much to invest must be stated in the next box.
The the Eleven Finance (ELE) you would like to buy must be indicated in the second field
The quantity of Eleven Finance (ELE) you will receive will depend upon the amount of USD you’ve just invested. The Binance system will immediately display it.
Next click "Continue".
To use your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" field and press the "Add card" button.
Then the system will prompt you to indicate your credit card details.
Now indicate the physical address details of the card. After this, select "Add card".
With this step, your credit card will be added to the payment methods in your account. Press "Continue".
Next, you’ll be presented a summary of the transaction about to be completed. It includes the amount you are paying, the selected currency and the quantity of Eleven Finance (ELE) purchased.
In fact, Binance will charge you a certain percentage as a commission for supporting the operation, and that will be shown in that quick view as well.
In less than 1 minute click on "Confirm", and then the order will expire automatically.
After this, you’ll be redirected to the site of the credit card issuing bank. Follow the guidelines in the same way you would normally generate a payment with your card.
Your recently purchased Eleven Finance (ELE) will be deposited to your Binance digital wallet (called the «Spot Wallet») after the banking process is complete
Learn how to purchase Eleven Finance (ELE) via Binance P2P
That means «Person To Person», i.e.: trading Eleven Finance (ELE)
with another Binance trader. Payment method is the first parameter you should indicate.
The next screen will display a summary of the operation about to be completed. That includes the amount you are paying, the chosen currency and the amount of Eleven Finance (ELE) purchased.
In fact, Binance will claim a certain percentage as a commission for supporting the purchase, and it will appear in that overview as well.
You have 60 seconds to press "Confirm", otherwise the order will be automatically aborted.
The next step needs to be done on the credit card banking system. Follow the guidelines in the same way you would normally make a payment with your card.
You can check your Binance e-wallet (called the «Spot Wallet») once the banking process is complete to see your recently purchased Eleven Finance (ELE) already credited
Purchase Eleven Finance (ELE) through Binance P2P
Another option you may use to get crypto is to trade it
with another person. To accomplish this, the first step is to indicate which payment method you want to make use of.
- Go to your account and select "Security".
- Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- Click on "Add a Payment Method" and the system will guide you through the rest of the process.
After you have included the new payment method to your account, move to the "Buy Crypto" menu (upper part of the display), select the "Trading P2P" option, and follow the guidelines below:
- On the upper bar of the "P2P Account" menu, pick "Buy"
- In this bar you’ll see the list of Eleven Finance (ELE) available for purchase via P2P trading. Choose the one you would like to buy, here we use «USDT» as an example.It is important to note that when you buy one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- It is time to choose the local currency you want to make the payment with, for example, «VES». To do this, place the list under the "Fiat" label.
- You must indicate the sum in VES you’re going to spend in the "Amount" box.
- Once you’ve indicated the payment method, the Binance platform will show you a list of traders’ ads.
- From the list displayed list, you may choose any of the sellers. It is recommendable to choose a verified one and better if a good percentage of completed sales is displayed.
- Next press "Buy USDT"
- In this step, the amount you want to pay in VES must be typed
- Press "Buy USDT" again
- Doing so will open a purchase order where you will have connection with the seller. Pay within the established time and click on "Transferred, Next" and then press "Confirm".
The right way to transfer your Eleven Finance (ELE) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
So, they will quickly be added to your account balance.
Take into account that your Eleven Finance (ELE) must be in your Spot Wallet in case you would want to purchase others, so you must transfer them there before.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Eleven Finance (ELE) internal movement can be done anytime later.
Learn how to transfer your Eleven Finance (ELE) to the Spot Wallet
The trader, upon receiving your payment, will instantly release the Eleven Finance (ELE).
This way, they will instantly be added to your wallet balance.
Take into account that your Eleven Finance (ELE) must be in your Spot Wallet in case you want to buy others, so you must move them there before.
To accomplish this, all you have to do is press "Transfer to Spot Wallet" immediately after the purchase order is completed.
In case you didn’t follow this step, don’t be concerned, you can do it later.
- Drop the "Wallet" menu down and press on the "Wallet Funds" button.
- Next click on the "Transfer" button at the top right.
- A new window will pop-up, where you must configure the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency in which you have money, in the example in this article we use «USDT»
- Enter the cryptos you are transferring for the Exchange and press "Confirm".
That’s all! This way you will have money in the Spot Wallet so you will be able to purchase any of the huge selection of Eleven Finance (ELE) within the Binance platform.
To buy Eleven Finance (ELE) from the Binance platform what you just have to do is the following:
- Pick the "Trading" option in the upper section.
- From the listing select the "Convert" alternative.
- Enter the amount of «USDT» you would like to invest.
- Select the cryptocurrency you would like to buy.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
That’s it! Now you will have money in the Spot Wallet so you will be able to purchase any of the several of Eleven Finance (ELE) that the Binance platform has.
Note how simple is to buy any cryptocurrency from Binance:
- Locate the "Trading" menu in the top top panel.
- Click on "Convert" from the list.
- Type the sum of «USDT» you wish to invest.
- Choose the crypto you intend to buy.
- Choose "Preview conversion".
- Validate the transaction and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
Based on the above mentioned information, you are now ready to commence trading on Binance.
So, no time to waste, make a worthwhile business in the Binance platform.