How to buy Ethereum Lite (ELITE) on the Binance platform
There are many trading platforms on the WWW nowadays, but certainly Binance is among the most popular and reputed.
Therefore, the first thing you should to do if you need to begin operating on it is to learn how to get Ethereum Lite (ELITE).
Stay on this post and you’ll see everything you need to know about buying crypto on Binance.
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Understand how to register on Binance
The only way to start trading on Binance is opening an account in it.
Subscribing the platform is easy: see the following guidelines.
Visit the Binance main page and press on the "Register" option.

You have the direct link here.
At this point click on the "Register with a phone or email" button.

iOS tablets or phones can be used to do this as well.
For the purpose of this article, the email address subscription technique will be described.
- From the drop down list of countries, choose the one you’re living in.
- Now the extremely important part: password. Select a string of characters rare enough not to be simply deducted. Don’t use your birth date, middle name or things like that. Keep in mind that it’s your cash what will have to be secured by that password

- If you want to be informed periodically via email about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via email
Binance will immediately send an activation password (remember: this is NOT the password you’ve created) that you’ll write it in the corresponding line, then click on "Send"
Finally, your Binance account is active.
Take a time to get acquainted to the different areas of the Binance platform by navigating through them.
You’ll realize how simple is to start trading Ethereum Lite (ELITE).
The identity checking is a required step you have to fulfill to get access to all those options.
Notice: No Ethereum Lite (ELITE) trading will be allowed if you overlook this security measure.
In the next paragraphs, you’ll be guided on how to do that. Zero problems.
Learn to verify your account and begin trading
To be an authorized end user you must follow the next steps:
Choose "Security" from the drop-down list under the user profile section
Or simply look for the "Verify" button on the top of the screen

Click "Identification" on the left list of options.
Pick the Country of Residence.
Next you’ll will see three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.

Here you should choose "Verified", pressing the "Start now" option below it.
At this point, the subscriber is required to provide some personal information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
- Middle name and date of birth.
- Second name and birth date.
Here, the Binance platform will ask you to provide a legal document for identity verification.
You can do this by using your ID card, passport, or driver’s license.
Follow the system requirements to take a selfie.
When you have fulfilled the system’s guidelines, you’ll have to wait a short while for the verification to be applied to your account.
Now you must wait until your profile has been approved. Be patient, Binance will let you know via email.
Congratulations! Once you’ve got the confirmation you’re officially authorized to buy Ethereum Lite (ELITE). See the guidelines that follow.
Buying Ethereum Lite (ELITE) on Binance
Starting your Ethereum Lite (ELITE) trading experience has never been so simple, right?.
In this segment you’ll see how easy is to buy a Ethereum Lite (ELITE).
It is time to sustain your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Follow the system guidance to take a selfie.
Once you have completed the system’s guidelines, you will have to wait a moment while your account is verified.
Once your profile has been accepted, you will be notified via email, just be patient.
The following instructions will guide you through the Ethereum Lite (ELITE) trading process. As soon as you’ve received the confirmation email, you have become a Binance authorized Ethereum Lite (ELITE) trader.
Buying Ethereum Lite (ELITE) on Binance
Now that you have subscribed to the platform and have your account approved, you are OK to begin trading.
First you need to figure out how to convert money into Ethereum Lite (ELITE).
You will probably find different options throughout the process
Use the "Buy cryptos" menu on the Binance main page to find out which options are available to you when buying.

You will need to, of course, do that after you’ve signed into your account
Hover your mouse on this key and a list of buying alternatives will deploy.
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 system will require you to take a selfie under certain conditions.
After you have fulfilled the system’s instructions, you will have to wait a while for the verification to be applied to your account.
Once your profile has been approved, you’ll be informed via e-mail, just be patient.
The following instructions will guide you through the Ethereum Lite (ELITE) buying process. As soon as you’ve got the confirmation email, you’re a Binance authorized Ethereum Lite (ELITE) trader.
Buying Ethereum Lite (ELITE) on Binance
Since you are subscribed to the Binance platform and got your account approved, you’re able to start trading.
In this segment you’ll learn how easy is to convert money into Ethereum Lite (ELITE).
You may have more than one option throughout the process
To know which alternatives can be found when making a purchase, see the "Buy cryptos" menu on the Binance main page.

Certainly, you’ll only be able to do this once you are logged in
Placing your mouse pointer over this button will show a list of alternatives for making the purchase.
Buying Ethereum Lite (ELITE) using a credit/debit card
What you will do to buy the Ethereum Lite (ELITE) you want using a credit card, should be to pick this option from the "Buy Cryptos" drop-down list.
The following guidelines will be helpful to continue the process:
Now you should choose the currency you’d like to use and type how much you want to invest.

The the Ethereum Lite (ELITE) you intend to buy must be selected from the second field
When you do so, the system will immediately display the number of Ethereum Lite (ELITE) you’ll get, considering the amount of USD you’ve just defined.
The following directions will help you in the process:
Currency to be used and how much you’ll invest should be stated in the next box.

In the second field you should select the Ethereum Lite (ELITE) you’d like to purchase
The quantity of Ethereum Lite (ELITE) you’ll be given will depend upon the amount of USD you’ve recently invested. The Binance platform will automatically display it.
Click "Continue".
In case you are going to pay with a credit card, go to the "Visa/Mastercard" box and press the "Add card" option.

CC data must be entered in this step, then press "Next".
Now specify the physical address details for the credit card. After this, select "Add card".
When you see your card has been included, click on "Continue".
Next, all the important details of the transaction will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you will get.
It will also state the commission will be charged for the purchase.
In less than 1 minute click on "Confirm", there after the order will be automatically terminated.

The Binance system will now send you to the bank issuing the credit card. Then you will make a normal on-line payment with your credit card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure is complete and you’ll find your recently bought Ethereum Lite (ELITE) already credited
Buy Ethereum Lite (ELITE) via Binance P2P
You may buy Ethereum Lite (ELITE) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To get this done, the first step is to specify which payment method you would want to work with.
The platform will now show you the details of the order you are about to complete. The sum your card will be charged with the currency you’ve chosen, and the Ethereum Lite (ELITE) you will receive.
Another detail of relevance in this snapshot is the sum you’ll be charged as a commision for making the purchase.
Now you must certify the order pressing the "Confirm" button during the next 60 seconds, or it will be automatically terminated.

Next, you’ll be redirected to the bank platform the credit card belongs to. There you would complete a standard online payment with your credit card.
When the banking procedure has been completed, you are already in possession of the recently purchased Ethereum Lite (ELITE) in your Binance digital wallet (called the «Spot Wallet»)
Purchase Ethereum Lite (ELITE) through Binance P2P
You could get Ethereum Lite (ELITE) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance subscriber too. Method of payment is the first setting you should indicate.

- Go to "Security" in your profile.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- Once the "Add a Payment Method" button is pressed the Binance system will guide you through the rest of the process.
Now that the new payment method has been included in your profile, go to the top part of the display and hover on "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following guidelines:
- Locate the "Buy" button on the top bar of the "P2P Account" menu and press it
- All the Ethereum Lite (ELITE) available for buying via P2P trading will be shown in this list, so you will be able to select the one you would like to buy. In this guide, we present «USDT».Note that any Ethereum Lite (ELITE) bought in P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Choose the local currency you want to use from the drop-down list under the "Fiat" column, for example, «VES».
- Use the "Amount" box to type the sum in VES you’re going to spend to buy Ethereum Lite (ELITE).
- Indicate the payment method and wait for the system to display all of the traders’ ads.
- Any of the traders shown in the list can be chosen, although it is recommendable to choose a verified one (with the blue diamond marking), and even better, a high-volume seller (golden star marking).
- Click on "Buy USDT"
- Type the amount in VES you would like to invest
- Again, select "Buy USDT"
- That will open a purchase order where you will have contact with the seller. Make the payment within the time limit and press "Transferred, Next", then press "Confirm".
Ways to transfer your Ethereum Lite (ELITE) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
So, they will instantly be added to your account balance.
Take into account that your Ethereum Lite (ELITE) must be in your Spot Wallet in order for you to purchase others, so you will have to send them there before.
You can move them immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after the purchase, no problem at all: you’ll be able to do it at any moment.
Tips on how to transfer your Ethereum Lite (ELITE) to the Spot Wallet
Once you have made a payment to the seller, they will release the Ethereum Lite (ELITE), just by confirming receipt of the payment.
You may check your wallet Binance balance to confirm reception.
Take into account that your Ethereum Lite (ELITE) must be in your Spot Wallet in case you would want to buy others, so you must send them there before.
You can do this immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Ethereum Lite (ELITE) internal movement can be performed anytime later.

- Drop the "Wallet" menu down and press on the "Wallet Funds" button.
- See the "Transfer" button at the top right and press it.
- Set the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- For this post, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Type the cryptos you are transferring for the Exchange and click "Confirm".
That’s it! Now you will have funds in the Spot Wallet and you will be able to buy any of the several of Ethereum Lite (ELITE) that the Binance platform has.

See how easy is to purchase any cryptocurrency from Binance:
- Pick the "Trading" menu in the top top section.
- From that list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to invest.
- Select the cryptocurrency you intend to purchase.
- Press "Preview conversion".
- Confirm the operation and that’s it. You will have the funds of the selected crypto in your Spot Wallet.
All right! Now you have money available to trade any of the several Ethereum Lite (ELITE) in the Binance platform.

Find out how easy is to purchase any cryptocurrency from Binance:
- Locate the "Trading" option in the top top panel.
- From that listing select the "Convert" option.
- Fill in the box the amount of «USDT» you want to invest.
- Select the crypto you intend to purchase.
- Click on "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how easy is to start out trading Ethereum Lite (ELITE) on Binance.
Cryptos have come to stay, and Binance is a safe and friendly place to do business. Begin right now!