Buying Eloin (ELOIN) on the Binance platform
Binance is one of the world’s leading trading platforms.
Learning how to buy Eloin (ELOIN) is essential if you’d like to begin operating on that platform.
Before entering the exciting realm of cryptocurrency on the Binance platform, you must know the following.
----
Discover ways to register on Binance
Registering on the Binance platform is the very first step you need to accomplish.
Just follow each one of the guidelines listed below.
Go to the Binance main page and click on the "Register" option.
Click here to go straight to the Binance platform.
Locate the "Register with a phone or email" button in the homepage and press it.
This can also be done with any Apple phone.
For the purpose of this guide, the e-mail address subscription process will be described.
- From the drop-down list of countries, choose the one you reside.
- Now the extremely important part: password. Choose an alphanumeric word strange enough not to be easily guessed. Never use your birth date, middle name or things like that. Keep in mind that it’s your money what will have to be secured by that password
- Mark whether you would want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"
Check the inbox at the email address you used for enrollment and look for the activation code exclusive of your account. Enter it in the corresponding line and click on "Send"
That’s all! You are now and authorized subscriber of Binance.
Now you may navigate the Binance platform and observe all the options it has to offer.
You’ll realize how easy is to start operating with Eloin (ELOIN).
To gain access to those options, you have to fulfill the identity verification.
Notice: No Eloin (ELOIN) trading will be permitted if you omit this safety step.
No big deal, though. Continue reading through the following instructions to complete that step.
Verify your account to start out trading
To become a certified Binance trader you must follow the steps below:
Choose "Security" from the drop-down list under the user profile section
You can also press "Verify" button on the upper part of the navigator window
In the list displayed on the left-hand area of the screen, select the "Identification" option.
Select your Country of Residence.
The platform displays you 3 verification levels: the one you already have, the Verified, and the Verified Plus.
To begin, select "Start now" located below the "Verified" level.
A pop-up window will be shown, and there you will have to enter your personal information: Nationality, first name and surname, middle name and date of birth. Besides, make sure you give the exact address of your residence
At this point, the Binance platform will ask you to provide a legal document for identity verification.
ID card, passport or even a license are all valid documents to fulfill this condition.
Now, you will be asked to take a selfie, following the platform’s guidelines.
The final step will be carried out by the Binance system: a confirmation process that will just take a while.
All you need to do is be patient, Binance is going to let you know via e-mail once your application has been approved.
Upon receiving that email it’s time to acquire Eloin (ELOIN), to do so see the instructions below.
How to purchase Eloin (ELOIN) on Binance
All right, account verified was all you needed to begin purchasing Eloin (ELOIN) immediately.
The first step is to learn how to invest your money in Eloin (ELOIN).
The next step is to corroborate your identity using a legal document.
ID card, passport or even a driver’s license will be enough to complete this requirement.
Now the platform will require you to take a selfie following certain guidelines.
Now you’ll have to wait for a short time while an account confirmation process is performed.
Now wait patiently, Binance will send you an e-mail as soon as your profile has been accepted.
Congratulations! Now you’re officially enabled to operate with Eloin (ELOIN). The following guidelines will be helpful.
Purchasing Eloin (ELOIN) on Binance
Starting your Eloin (ELOIN) trading adventure has never been so simple, right?.
Learning how to make a purchase of Eloin (ELOIN) is not that hard.
You will probably have different alternatives throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
You need to, of course, try this after you’ve signed into your account
Hovering your mouse pointer over this key will show a list of alternatives for making your purchase.
At this point, the Binance platform will require you to show a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
In the next step, you will have to take a selfie, following the platform’s guidelines.
After fulfilling all those requisites, the Binance system will do a confirmation process on your account.
Now you have to wait until your request has been accepted. Be patient, Binance is going to send you an e-mail.
After that, it’s time to buy Eloin (ELOIN), to do so see the instructions below.
Buying Eloin (ELOIN) on Binance
Now that you have registered on the Binance platform and got your account validated, you’re able to start trading.
First you need to learn how to convert money into Eloin (ELOIN).
Be aware that you may find different options for this process
To find out which options can be found when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
Needless to say you must be logged into your account to be able to do this
Place your mouse on this button and a list of buying alternatives will be shown.
Buying Eloin (ELOIN) with a credit/debit card
What you will do to purchase the Eloin (ELOIN) of your choice using a credit card, should be to pick this method from the drop-down menu labeled "Buy Cryptos".
The following guidelines will help you in the process:
Currency preferred and how much to invest must be defined in the next box.
In the next field you should choose the Eloin (ELOIN) you wish to get
Depending on the amount of USD you have previously stated, the platform will automatically display the quantity of Eloin (ELOIN) you will receive.
These instructions will help you in the process:
Currency preferred and how much you will invest must be indicated in the next box.
In the second field you should pick the Eloin (ELOIN) you intend to purchase
Once you do so, the platform will immediately show you the number of Eloin (ELOIN) you will receive, according the amount of USD you have recently stated.
Click "Continue".
In case you are going to pay with your credit card, select in the "Visa/Mastercard" box the button "Add card".
CC data must be indicated in this step, then click "Next".
Your credit card’s address must be indicated next. Be very careful, since you must enter it exactly as it is, otherwise the card won’t be accepted. Then choose "Add card".
Click "Continue" after you notice your card has been successfully included in your user profile as a new payment method.
The system will now display the details of the buying order you are generating. The amount you will pay with the currency you’ve selected, and the Eloin (ELOIN) you will receive.
It will also indicate the commission will be charged for the operation.
Within the next 60 seconds press "Confirm", after that time the order will expire automatically.
Next, you’ll be sent towards the site of the bank issuing the credit card. There you should make a standard on-line payment using your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») once the banking procedure has been completed to find your recently purchased Eloin (ELOIN) already there
Purchase Eloin (ELOIN) via Binance P2P
You may buy Eloin (ELOIN) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. To do this, the first step is to state which payment method you wish to use.
Next, you’ll be presented a quick view of the transaction in its final stage. It includes the amount you will pay, the selected currency and the quantity of Eloin (ELOIN) purchased.
It will also state the commission you will have to pay for the transaction.
Now you have to certify the order pressing the "Confirm" button within the next minute, or it will be automatically shut down.
Next, you will be redirected towards the site of the bank issuing the credit card. There you would make a normal on-line payment using your credit card.
Your recently bought Eloin (ELOIN) will be available in your Binance digital wallet (called the «Spot Wallet») as soon as the banking process is complete
See how easy is how to purchase Eloin (ELOIN) via Binance P2P
You could buy Eloin (ELOIN) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Payment method is the first parameter you should state.
- Go to the "Security" section of your account.
- In the menu on the left-hand side select "Payment".
- Click on "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Now that the new method of payment has been added to your account, go to the top part of the screen and hover on "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following steps:
- On the upper bar of the "P2P Account" menu, choose "Buy"
- The complete set of Eloin (ELOIN) available for purchase via P2P operations will be displayed in this menu, so you will be able to pick the one you’re interested in. As for this example, we present «USDT».Purchasing any crypto in P2P trading will allow the user to exchange it on Binance for any of the foreign currencies available.
- Now you should choose the currency you want to pay with, for example, «VES». To do this, see the drop-down menu under the "Fiat" column.
- Use the "Amount" box to enter the amount in VES you’d like to invest to buy Eloin (ELOIN).
- You will see a register of traders offering cryptos a little while after you have chosen the payment method.
- Locate a seller from the displayed list. We suggest that you choose a verified one with a high percentage of sales completed.
- Next press "Buy USDT"
- Write the amount in VES you wish to invest
- Select "Buy USDT" again
- A purchase order has been generated and the trader and you will be able to contact each other for details, in case you need it. You have a time limit to pay, otherwise the order will be terminated by the system (something bad for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
How to transfer your Eloin (ELOIN) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
So, they will quickly be added to your wallet balance.
But in case you want to get another Eloin (ELOIN), you must transfer them to your Spot Wallet.
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 do this, don’t get worried, you can do it at any other time.
The right way to transfer your Eloin (ELOIN) to the Spot Wallet
The seller, upon receiving your money, will automatically release the Eloin (ELOIN).
You may check your wallet Binance balance to confirm reception.
NB: you will need to move them to your Spot Wallet in case you would want to buy any other cryptocurrency.
To accomplish this, you only need to press "Transfer to Spot Wallet" immediately after the buying order is completed.
This Eloin (ELOIN) internal transfer can be done whenever you need.
- Drop the "Wallet" menu down and select the "Wallet Funds" option.
- The "Transfer" button is located on the upper right area of the screen. Press it.
- A pop-up window will open, where you must set the options to:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Enter the amount you are about to transfer to the spot walet and click "Confirm".
That’s it! This way you will have money in the Spot Wallet and you will be able to buy any of the huge selection of Eloin (ELOIN) that the Binance platform has.
To buy Eloin (ELOIN) from Binance what you just have to do is the following:
- In the top panel, select the "Trading" menu.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Select the crypto you wish to get.
- Choose "Preview conversion".
- Validate the transaction and that’s all. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
That’s it! This way you will have funds in the Spot Wallet so you will be able to trade any of the several of Eloin (ELOIN) that the Binance platform has.
Buy any cryptocurrency from the Binance platform just following the steps detailed below:
- In the top section, loate the "Trading" menu.
- In the list choose the "Convert" alternative.
- Indicate the sum of «USDT» you wish to spend.
- Now mark the cryptocurrency you’re about to buy.
- Select "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
Based on the above mentioned information, you are now ready to start out trading on Binance.
Don’t wait any more and start earning an extra income.