How to purchase EOS (EOS) on the Binance platform
Binance is among the world’s most reputed trading platforms.
However, if you wish to start operating on it, the first thing you must do is to discover how to get EOS (EOS).
Prior to getting into the exciting world of cryptocurrency on the Binance platform, you will have to get acquainted with the following.
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How to register on Binance
Opening a Binance account is the very first step you must do.
No complicated registration: just follow the instructions listed below.
See a Binance homepage and click on the "Register" button.
Access directly to Binance by clicking here.
Locate the "Register with a phone or email" button in the homepage and press it.
This can also be done with any iOS smartphone.
For the purpose of this article, the email address subscription technique will be explained.
- From the drop down list of countries, pick the one you’re living in.
- Next, write your e-mail address and a password. Be well aware that you will invest money, so you have to give importance to the password you select
- Choose whether you want to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and click on "Create Account"
By now, you should have received an email in the address you’ve just used for registering on the Binance platform. It will have an activation code you will enter in the corresponding box. Then click on "Send"
You’re now a Binance user!.
It is a nice idea to navigate through the different options of the Binance platform and become familiar with them.
This way you canit is possible to start trading EOS (EOS) quickly.
To get access to these options, you need to fulfill the ID verification.
Notice: No EOS (EOS) operation will be permitted if you ignore this protection measure.
No big deal, though. Read the next section to complete that step.
Learn to verify your account and start trading
The following are the guidelines to verify your Binance account and get authorized to begin operating:
On the main screen, place the mouse pointer on the user profile option and a list will immediately drop down where you will need to press "Security"
Another alternative is to move to the top of the navigator window and press the "Verify" button
Locate the option "Identification" on the left part of the navigator window.
Now you must choose your country of residence.
Next, the 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Begin by choosing "Start now" located below the "Verified" level.
In this step, you must give some personal information:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Residence address (exact).
- Second name and date of birth.
- Middle name and date of birth.
Here, the Binance platform will require you to provide a legal document for identity verification.
passport, ID card or even a license will be enough to fulfill this requirement.
Follow the system instructions to take a selfie.
After you have fulfilled the platform’s instructions, you will have to wait a while for the verification to be applied to your account.
Now you must wait until your application has been approved. Be patient, the platform will let you know via email.
The following instructions will guide you through the EOS (EOS) trading process. As soon as you’ve received the confirmation email, you are a Binance authorized EOS (EOS) trader.
Learn to purchase EOS (EOS) on Binance
So, account validated was all you needed to begin purchasing EOS (EOS) immediately.
In this section you’ll discover how simple is to make a purchase of EOS (EOS).
The next step is to verify your identity with a legal document.
You can do this with your ID card, passport, or driver’s license.
Follow the system instructions to take a selfie.
Now you’ll have to wait for a short period while an account verification process is performed.
Now you have to wait until your profile has been approved. Be patient, Binance is going to let you know via e-mail.
The following instructions will guide you through the EOS (EOS) buying process. As soon as you’ve got the confirmation email, you have become a Binance licensed EOS (EOS) trader.
Learn to buy EOS (EOS) on Binance
Starting your EOS (EOS) trading career has never been so easy, right?.
Understanding how to make a purchase of EOS (EOS) is actually quite easy.
Be aware that you may have different options for this process
Use the "Buy cryptos" menu on the Binance homepage to find out which options you have when making a purchase.
Obviously, you’ll only be able to do this if you’re logged in
Hover your mouse on this button and a list of buying alternatives will deploy.
At this point, the Binance platform will require you to show a legal document for identity verification.
passport, ID card or even a license will be enough to complete this condition.
Now the platform will require you to take a selfie following certain guidelines.
The final step will be made by the Binance platform: a corroboration process that will take only a short time.
Now you must wait until your request has been approved. Be patient, Binance is going to send you an email.
Congrats! Now you’re officially licensed to operate with EOS (EOS). See the guidelines that follow.
Purchasing EOS (EOS) on Binance
OK, account confirmed means you can begin buying EOS (EOS) immediately.
Learning how to convert money into EOS (EOS) is not that hard.
Some processes may have optional paths
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this button will show a list of alternatives for making your purchase.
Using your credit or debit card for buying cryptos
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
These directions will help you in the process:
In the next box, choose the currency you wish to buy with and specify the amount you are going to invest.
In the second field you should choose the EOS (EOS) you intend to buy
Taking into account the amount of USD you’ve recently indicated, the platform will immediately show you the quantity of EOS (EOS) you’ll receive.
After that, just follow these guidelines:
Now you should pick the currency you’d like to buy with and type the amount you want to invest.
The the EOS (EOS) you intend to get should be indicated in the second field
Depending on the amount of USD you’ve previously specified, the system will automatically display the quantity of EOS (EOS) you’ll get.
Next click "Continue".
In case you decided to pay with your credit card, pick in the "Visa/Mastercard" field the option "Add card".
CC data must be completed in this step, then press "Next".
Your credit card’s address must be specified next. Be very careful, since you must enter it exactly as it is, otherwise the card could not be approved. Then press "Add card".
With this, your credit card will be added to the valid methods of payment in your account. Press "Continue".
Next, all the relevant details of the operation will be presented: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will receive.
Obviously, Binance will charge you a small amount as a commission for making the operation, and that will be shown in that overview also.
In less than 1 minute click on "Confirm", and then the order will be automatically aborted.
The Binance system will now reroute you to the credit card issuing bank. Proceed exactly as you do when making a standard on-line credit card payment.
You can check your Binance digital wallet (called the «Spot Wallet») after the banking process is complete to find your recently purchased EOS (EOS) already credited
See how easy is how to buy EOS (EOS) via Binance P2P
Another option you have to get a cryptocurrency is to trade it
with another person. To do this, the first step is to define which payment method you wish to make use of.
The platform will now show you the details of the buying order you are generating. The amount your card will be charged with the currency you have chosen, and the EOS (EOS) you will get.
Certainly, Binance will charge you a small amount as a commission for making the transaction, and that will be shown in that snapshot also.
Now you must certify the order pressing the "Confirm" button during the next 60 seconds, or it will be automatically aborted.
The Binance system will now send you to the bank issuing the credit card. Proceed just as you usually do when making a payment with your card on the bank website.
You may check your Binance digital wallet (referred to as the «Spot Wallet») after the banking process is complete and you’ll find your recently purchased EOS (EOS) already there
See how easy is how to buy EOS (EOS) through Binance P2P
You may buy EOS (EOS) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance trader as well. To do this, the first step is to indicate the payment method you want to apply.
- Go to your profile and press "Security".
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- After Clicking on "Add a Payment Method" the Binance system will guide you through the rest of the procedure.
After you finished configuring the new method of payment to your account, go to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" button, and follow the directions below:
- On the top bar of the "P2P Account" menu, pick "Buy"
- Here you can choose the EOS (EOS) you’re interested in, among all those available for purchase via P2P operations. We present «USDT» for this example.Purchasing any crypto in P2P trading allows the subscriber to exchange it on the Binance platform for any of the foreign currencies available.
- Locate the "Fiat" label on the top tabs and reveal the drop-down menu to find all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, indicate the amount in VES you intend to invest.
- After you’ve selected the payment method, the Binance platform will display a list of dealers’ offers.
- From the list displayed list, you may pick any of the traders. It is advisable to choose a verified one and better if a high percentage of completed sales is displayed.
- Now select "Buy USDT"
- Now the amount you would want to pay in VES must be input
- Click on "Buy USDT" once again
- Now a purchase order has been opened and the seller and you will be in touch. Make the payment, press "Transferred, Next" and then press "Confirm". Notice that there’s a time limit for you to pay.
The right way to transfer your EOS (EOS) to the Spot Wallet
The trader, upon receiving your payment, will immediately release the EOS (EOS).
The place where EOS (EOS) are added to is your account wallet.
Note that you need to transfer them to your Spot Wallet in case you want to purchase another crypto.
To get this done, you only need to click on "Transfer to Spot Wallet" once the buying order is completed.
If you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it at any moment.
How to transfer your EOS (EOS) to the Spot Wallet
After you have completed a payment to the seller, they are going to release the EOS (EOS), just by confirming payment reception.
This way, they will quickly be added to your wallet balance.
However, in case you want to get another EOS (EOS), you will need to transfer them to your Spot Wallet.
You can move them immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t fear, you can do it later.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- The "Transfer" option is located at the top right. Click on it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Choose the currency in which you have funds, in the example in this article we use «USDT»
- Enter the cryptos you are about to transfer to the spot walet and click "Confirm".
Perfect! Now you have money available to buy any of the several EOS (EOS) in the Binance platform.
Buy any cryptocurrency from the Binance platform just following the instructions described below:
- Pick the "Trading" option in the top section.
- In the list select the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to invest.
- Now mark the cryptocurrency you’re about to get.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
Perfect! Now you have money available to buy any of the numerous EOS (EOS) in the Binance platform.
To purchase EOS (EOS) from the Binance platform all you have to do is the following:
- In the upper section, find the "Trading" option.
- Click on "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Choose the cryptocurrency you intend to purchase.
- Click on "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
This post surely pictured you a detailed overview of what Binance is and how you can do business with EOS (EOS) on it.
So, no need to think twice, make a worthwhile business in the Binance platform.