Buying Swarm (BZZ) on Binance
Binance is among the world’s most reputed trading platforms.
So, if you wish to get started trading on it, the first thing you should do is to understand how to get Swarm (BZZ).
Keep on reading this article and you will find all the information you need for buying crypto on Binance.
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Discover ways to register on Binance
To be able to buy Swarm (BZZ) on Binance, what you have to know is how to subscribe.
Simply follow each one of the instructions listed below.
See a Binance homepage and click on the "Register" button.
You may access directly by pressing here.
In the Binance homepage you’ll see a button with the label "Register with a phone or email". Press it.
This can also be done with any Apple phone.
In this post, we’ll will describe how to do this using an email address.
- From the drop-down list of countries, choose the one you’re living in.
- Now the crucial step: 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. Be well aware that it’s your property what will have to be secured by that word
- If you would want to be updated periodically via email about Binance news, mark in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the email verification
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 click on "Send"
That’s all! You are now registered to Binance.
You’ll see it’s easy to navigate the Binance platform and observe all the options it has to offer.
You’ll immediately notice how simple is to start operating with Swarm (BZZ).
To have access to those options, you must complete the identity verification.
Please, take into account that it is only after you have completed this security step that you’ll be authorized to begin trading Swarm (BZZ).
In the following instructions, you’ll be guided on how to do that. Zero problems.
Verify your Binance account to start trading
To be an authorized user you must follow the steps below:
Pick "Security" from the drop-down list under the user profile area
You can also click on the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the screen.
Choose the Country of Residence.
Now, the 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Begin by selecting "Start now" just near the "Verified" level.
At this point, you must give certain personal information:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Residence address (exact).
- Second name and birth date.
- Second name and date of birth.
The next step is to check your identity using a legal document.
passport, ID card or even a license are all valid documents to fulfill this requirement.
Follow the system guidance to take a selfie.
The last step will be carried out by the Binance system: a verification process that will take only a short time.
As soon as your profile has been accepted, the system will send you an email, just be patient.
Congratulations! Now you’re officially licensed to buy Swarm (BZZ). The following guidelines will be helpful.
Buying Swarm (BZZ) on Binance
Beginning your Swarm (BZZ) trading career has never been so easy, right?.
In this segment you’ll discover how simple is to invest your money in Swarm (BZZ).
The next step is to sustain your identity with a legal document.
You can do this with your ID card, passport, or driver’s license.
In the next stage, you will have to take a selfie, according to the platform’s requirements.
Once you have fulfilled the platform’s guidelines, you’ll have to wait a short time while your account is confirmed.
When your request has been approved, you will be notified via e-mail, just be patient.
Congrats! Once you’ve got the confirmation you’re officially licensed to operate with Swarm (BZZ). The following instructions will be helpful.
Buying Swarm (BZZ) on Binance
Beginning your Swarm (BZZ) trading career has never been so simple, right?.
Understanding how to convert cash into Swarm (BZZ) is actually quite easy.
Some processes would probably have alternative paths
Browse through the "Buy cryptos" menu on the Binance main page to find out which options are available to you when buying.
Certainly, you’ll only be able to do this if you’re logged in
Find all the different purchase options just by hovering your mouse over this button.
Now you’ll need to present a legal document to sustain your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, following the application’s guidelines.
Once you have fulfilled the system’s requirements, you’ll have to wait a moment for the verification to be applied to your account.
When your profile has been approved, Binance is going to let you know via email, just be patient.
The following instructions will guide you through the Swarm (BZZ) purchasing process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance authorized Swarm (BZZ) trader.
How to purchase Swarm (BZZ) on Binance
All right, account confirmed means you can begin purchasing Swarm (BZZ) right now.
Learning how to make a purchase of Swarm (BZZ) is actually quite easy.
Be aware that you have different options for this process
See the "Buy cryptos" menu on the Binance homepage to know which options are available to you when buying.
You must, of course, do this after you’ve logged into your account
Hovering your mouse pointer over this option will show a list of alternatives for making the purchase.
Learn how to use your debit or credit card for buying cryptos
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Continue reading for detailed guidelines:
In the next box, select the currency you want to use and enter the amount you want to invest.
Next, select the Swarm (BZZ) you are going to get
Considering the amount of USD you have recently specified, the platform will immediately show you the quantity of Swarm (BZZ) you’ll get.
Next, just follow the following guidelines:
Currency to be used and amount of the investment should be indicated here.
In the next field you should select the Swarm (BZZ) you intend to buy
According the amount of USD you have just specified, the platform will automatically display the number of Swarm (BZZ) you are going to get.
Next click "Continue".
If you want to pay with a credit card, choose in the "Visa/Mastercard" field the button "Add card".
Then the system will prompt you to enter your credit card numbers.
In this step you must indicate the physical address details for the CC. Then select "Add card".
Click "Continue" once you see your card has been successfully added to your user profile as a new payment method.
Next, you’ll be presented a quick view of the operation in its final stage. That includes the sum you will pay, the selected currency and the amount of Swarm (BZZ) purchased.
Certainly, Binance will take a small amount as a commission for supporting the transaction, and that will appear in that snapshot also.
Now you have to certify the order pressing the "Confirm" button during the next minute, or it will be automatically canceled.
The Binance platform will now redirect you to the bank issuing the credit card. Proceed exactly as you do when making a standard online credit card payment.
You may check your Binance digital wallet (called the «Spot Wallet») when the banking procedure has been completed to find your recently bought Swarm (BZZ) already there
Purchase Swarm (BZZ) with Binance P2P
This means «Person To Person», i.e.: trading Swarm (BZZ)
with another Binance user. To accomplish this, the first step is to specify which payment method you want to apply.
The system will now show you the synthesis of the buying order you are about to complete. The amount you are paying in the currency you have selected, and the Swarm (BZZ) you will get.
Another detail of relevance in this snapshot is the sum Binance will charge you as a commision for making the operation.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The following step needs to be carried out on the credit card banking platform. Follow the directions in the same way you would normally make a payment with your credit card.
You may check your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been done and you’ll see your recently purchased Swarm (BZZ) already credited
Buy Swarm (BZZ) via Binance P2P
This means «Person To Person», i.e.: exchanging Swarm (BZZ)
with another Binance user. Method of payment is the first setting you will indicate.
- Select "Security" in your profile.
- Click on "Payment" from the menu on the left.
- Click the "Add a Payment Method" button and follow the system guidance.
After the new payment method has been included in your profile, locate the "Buy Crypto" menu in the upper part of the screen, press on the "Trading P2P" option and follow the directions described below:
- Press the "Buy" option on the top bar of the "P2P Account" tab
- In this bar you will see all the Swarm (BZZ) available for purchase through P2P trading. Pick the one you would like to buy, here we will present «USDT» as an example.Buying one of these Swarm (BZZ) through P2P trading will allow the trader to exchange it on Binance for any of the foreign currencies available.
- Locate the "Fiat" label on the top tabs and deploy the drop-down menu to see all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, input the sum in VES you wish to buy with.
- Define the method of payment and wait for the system to show you all the traders that are offering Swarm (BZZ).
- Any of the sellers shown in the list can be chosen, although it is recommendable to select a verified one (see the blue diamond badge), and even better, a high-volume seller (golden star badge).
- Next select "Buy USDT"
- In this step, the amount you would want to pay in VES must be input
- Again, press "Buy USDT"
- Now a buying order has been opened and the trader and you will contact. Pay, press "Transferred, Next", then press "Confirm". Note that there’s a limited time for you to pay.
How to transfer your Swarm (BZZ) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
The default place where Swarm (BZZ) are transferred to is your account wallet.
Note that you will need to move them to your Spot Wallet in case you want to purchase any other crypto.
To do this, you only need to press "Transfer to Spot Wallet" once the purchase order has been completed.
If you didn’t follow this step, don’t be concerned, you can move the cryptos later.
Learn how to transfer your Swarm (BZZ) to the Spot Wallet
The seller, upon receiving your payment, will instantly release the Swarm (BZZ).
You may see your wallet account balance to confirm reception.
Take into account that your Swarm (BZZ) must be in your Spot Wallet in order for you to purchase others, so you will have to move them there before.
To achieve this, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
If you didn’t do this, don’t fear, you can move the cryptos at any other time.
- Click on "Wallet Funds" from the "Wallet" drop-down list.
- Now press "Transfer" option at the top right.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this article, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Enter the amount you are sending to the spot walet and click "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from purchasing any crypto you think might be profitable.
Buy any cryptocurrency from the Binance platform just following the instructions described below:
- In the upper panel, find the "Trading" option.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Select the crypto you would like to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s it! This way you will have money in the Spot Wallet so you will be able to trade any of the huge selection of Swarm (BZZ) within the Binance platform.
Note how simple is to buy any cryptocurrency from the Binance platform:
- Find the "Trading" menu in the top panel.
- From that list choose the "Convert" alternative.
- Input the amount of «USDT» you want to invest.
- Now mark the crypto you’re about to get.
- Click on "Preview conversion".
- Confirm the transaction and that’s all. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how simple is to start trading Swarm (BZZ) on Binance.
So, no need to think twice, make a fruitful business within the Binance platform.